The Business Times

@biztimes


South-east Asia's leading financial news site.

For more breaking news: https://bt.sg/4zbZc

Subscribe to the BT Personal Edition at S$9.90/mth: btsub.sg/btpersonal

The Business Times

22 Oct, 13:01


HSBC revamps organisational structure; names Pam Kaur as group CFO

Pam Kaur will be HSBC’s first female financial chief since the bank’s establishment in 1865.

https://bt.sg/bmU7

The Business Times

22 Oct, 12:01


Some 14,000 new homes planned in Sembawang and Woodlands

More than 80% will be set aside for public housing flats, with the first BTO project slated to launch in February 2025.

https://bt.sg/oUZYL

The Business Times

22 Oct, 11:02


Airbus A380 finds favour with airlines amid planemakers’ delivery delays

These super jumbos are particularly useful to increase capacity in slot-constrained airports given their seat capacity, say consultants.

https://bt.sg/4jRsD

The Business Times

22 Oct, 09:50


UOB issues largest 3-year panda bond among foreign issuers at 5 billion yuan

The bank could become the first financial institution to list a panda bond on SGX.

https://bt.sg/aDRp

The Business Times

22 Oct, 08:41


Sand Castle mansion lists for US$108 million in San Diego record

“I take pride in the entire property, but another part I am especially proud of is the nautical-themed bar, which resembles the bar on my yacht,” says its tech billionaire owner.

https://bt.sg/erkd

The Business Times

22 Oct, 07:30


Why the green, digital economies are a strategic focus for Singapore and Asean

At the recent Asean Summit in Laos, PM Wong brought up these priority areas in almost all his speeches and bilateral meetings.

https://bt.sg/4qLTW

The Business Times

22 Oct, 07:13


PODCAST: Transform your travel experience and save significant amounts of money with air miles accumulation. #moneyhacks #btpodcasts

🎧 Listen here: bt.sg/wUR5L

Also available on Amazon, Apple, Spotify & YouTube Music

The Business Times

22 Oct, 06:23


‘I am a political refugee,’ says Lee Hsien Yang; reveals he sought asylum in 2022

Lee Hsien Yang left Singapore on Jun 15, 2022, after the police asked him and his wife Lee Suet Fern to assist in investigations.

https://bt.sg/qDot

The Business Times

22 Oct, 05:02


Seatrium bags S$100 million in contracts for repairs, upgrades

The new contracts encompass a range of “complex projects” including carbon capture and storage retrofits.

https://bt.sg/kxrE

The Business Times

22 Oct, 03:39


Singapore to import low-carbon electricity from Australia’s mega solar project

With over US$170 million invested thus far, the conditional approval gives SunCable the go-ahead to move on to the next development phase.

https://bt.sg/FnUC

The Business Times

22 Oct, 03:01


Dyna-Mac chief AC Lim stays cool amid takeover offer tussle, remains focused on steady growth

After taking the helm in 2020, CEO AC Lim managed to bring Dyna-Mac back from the brink of bankruptcy - so much so that the company is now the subject of a voluntary conditional cash offer from South Korea’s Hanwha.

https://bt.sg/ueHL

The Business Times

22 Oct, 01:45


Singapore seeks proposals on regulatory sandbox for virtual power plants

“To increase the sustainability of our power supply, we will need to develop and study every possible decarbonisation pathway, while safeguarding our energy security and cost competitiveness,” said Deputy Prime Minister Gan Kim Yong.

https://bt.sg/gUmB

The Business Times

22 Oct, 00:26


Start your day with BT ☕️:

Stocks to watch: Keppel, Sembcorp, Seatrium, Keppel Reit, AcroMeta https://bt.sg/Aj6b

1. Companies & Markets: HDB shophouses gaining ground among investors https://bt.sg/4do3h

2. Companies: Dyna-Mac chief AC Lim stays cool amid takeover offer tussle, remains focused on steady growth https://bt.sg/uP6A

3. ASEAN: Malaysia’s GDP growth likely slowed to 5.3% in Q3, easing from 18-month high https://bt.sg/opGPk

The Business Times

21 Oct, 13:01


HDB shophouses gaining ground among investors

Are HDB shophouses the new hot investment? Transactions for shop assets in public housing estates are rising, thanks to relatively high yields of 4-6%

https://bt.sg/Ghpi

➡️ Who are buying HDB shophouses and why? https://bt.sg/Ne56

The Business Times

21 Oct, 11:46


#BTOpinion: Downside-protected ETFs probably aren’t worth your time, unless you’re short on time

Such ETFs try to provide investors the best of both worlds: investing in strong equity markets, such as the S&P 500, while limiting losses.

https://bt.sg/uG6s

The Business Times

21 Oct, 10:36


#BTOpinion: Government agencies should step up communications on outlier property transactions

Government agencies should proactively provide context to outlier property deals for the benefit of consumers and ultimately market stability.

https://bt.sg/mKsm

The Business Times

21 Oct, 09:21


Singapore tourism receipts up 5.9% in Q2 on year, in line with arrivals

International visitor arrivals also jumped 14.8% to 3.9 million.

https://bt.sg/w363d

The Business Times

21 Oct, 08:16


Frasers Centrepoint Trust rides on resilience of prime suburban malls in Singapore

CEO of FCT’s manager says big is better to keep ahead of competition, sees progressive wage model increasing propensity to spend in catchment areas.

https://bt.sg/Gacp

The Business Times

21 Oct, 07:02


Penalties for pollutive light commercial vehicles push buyers to switch to heavier vehicles instead

“Now we see more diesel-powered heavy goods vehicles registered, and the result is the opposite of what the Commercial Vehicle Emissions Scheme is trying to achieve,” says an industry player.

https://bt.sg/nXEbn

The Business Times

21 Oct, 05:46


Mixing hotpot with horsepower. Have Chinese car gimmicks gone too far?

In promotional videos, Zeekr's vice-president Yang Dacheng was seen enjoying a hotpot meal in the MIX minivan, which can seat four people and, evidently, a table groaning under several ingredients.

https://bt.sg/EjZj