The Business Times
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Chloe Lim

Chloe Lim

JOURNALIST

Chloe Lim is a breaking news reporter at The Business Times. She previously worked at The Edge Singapore.

emailchloeljh@sph.com.sg
Companies’ ICC offset quota carried over from emissions years 2024 to 2025 will expire and cannot be carried forward further.

Carbon tax-liable companies can carry over unused carbon credit offset quota from 2025

A credit conversion formula will be applied to adjust the amount being rolled over

SBS Transit on Friday posted a 2.2% decline in net profit to S$15.6 million, from S$15.9 million in the same year-ago period.

Stocks to watch: SBS Transit, Riverstone, Geo Energy Resources, Jumbo Group, NoonTalk Media

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 11): 

IMDA's latest initiative falls under the National AI Impact Programme and is an expansion of the TechSkills Accelerator Programme that was launched in 2016.

IMDA to upskill 40,000 tech professionals over three years amid AI disruption

It will co-chair a work group with Workforce Singapore to ensure programmes are relevant and responsive

Analysts believe UOB is in a strong capital position, with its Common Equity Tier 1 – a measure of a bank’s core regulatory capital – at 15.2%.
BROKERS’ TAKE

Iran uncertainty, credit costs in focus for UOB as analysts stay cautious with ‘hold’ ratings

This comes even after the lender’s Q1 profit beat consensus estimates by around 3%

ST Engineering says that the ventures mark a “further expansion of its smart mobility footprint in the Middle East”.

ST Engineering unit bags Middle East smart mobility projects worth over S$100 million

The group’s urban solutions business has a ‘decade-long track record’ in the region

Scoot currently operates a fleet of 63 aircraft. It consists of 24 widebody Boeing 787 Dreamliners, 30 A320 family aircraft and nine Embraer E190-E2 aircraft.

Scoot adds 11 Airbus A320neo family aircraft to its fleet

Move brings its orderbook for the series of airliners to 20 in total

SIA said in a Facebook post on Wednesday (May 6) that other flights by the airline could be affected, too, as the situation remains “fluid.”

Singapore Airlines extends cancellation of Dubai flights until Aug 2

[SINGAPORE] A Facebook post by national carrier Singapore Airlines on Wednesday (May 6) noted that the airline has cancelled its Dubai flights to and from Singapore until Aug 2, due to the “geopolitic...

Great Eastern said that its profit remained steady year on year despite a less favourable investment environment and was underpinned by improved insurance profits.

Stocks to watch: Great Eastern, Venture Corp, Centurion Accommodation Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 6):

Indonesia’s IDX Composite's returns were down 19.5% YTD as at Apr 30, but they were up 22.1% for the full year in 2025.

Thai stocks are beating peers amid volatility, as analysts warn passive Asean investing is ‘punishing’

US’ monetary policy path, AI infrastructure spending, oil price volatility seen as factors that could affect indices in 2026

There has been encouraging demand for newly added bed capacity in Westlite Toh Guan, says the manager of Centurion Reit.

Centurion Accommodation Reit’s Q1 NPI of S$37.5 million exceeds expectations

Revenue is 2.7% higher than the projected S$51.1 million; better-than-expected results due to higher occupancy and rental rates

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