The Business Times
business-time-50
Derryn Wong

Derryn Wong

CORRESPONDENT

BT’s transport correspondent has covered the automotive industry for more than 15 years and now also reports on mobility, aviation and shipping. If it moves people or things, he’s interested and even more interested if it does so faster, better and cleaner.

emailderrynwong@sph.com.sg
The Category A COE, at S$124,790, is edging closer to its all-time high of S$128,105.

COEs for large cars up 4.3% at S$126,236, mainstream cars near S$125,000

All premiums rise in May’s first round; LTA urges prudent bidding

The message was sent with addresses under the carbon copy feature instead of blind carbon copy, meaning that all recipients could see all the other e-mail addresses in the chain. 

LTA apologises for e-mail gaffe in circular sent to EV charger owners

A follow-up e-mail has been sent to apologise to users

Electric vehicles and the changed dynamics of mainstream and luxury car segments mean Certificates of Entitlement should not be used to classify cars.
THINKING ALOUD

Is it time to scrap COE categories for cars? 

Let the COE system control population and rely on other, better instruments to manage access to mass market vehicles 

Terminal 3 has not had any major upgrades since it opened in 2008.

Tender for major upgrade of Changi Airport Terminal 3 to be issued in second half of 2026

The update will emphasise digitalisation and robotics, some of which will be pilot projects for Terminal 5

China brand Chery, which produces the Omoda E5, has increased its registrations year on year by around six times to 600 in Q1 2026.

‘Fundamental reshaping’ of Singapore car market as EV brands race up the sales charts

EV-centric brands such as Tesla, Chery MG, GAC increase registrations by 3 to 6 times as BMW and Mercedes-Benz sales slip almost 40%

Vin’s has convened an internal task force to conduct an enquiry into the transactions.

Vin’s Holdings announces probe into irregular payments linked to ex-employee

Early findings show that the ex-employee overrode internal controls to move S$44,300 to an entity he controlled

Fintech platform Ifast expects to propose a total dividend of at least 10.5 Singapore cents per share in 2026, some 25 per cent higher than the previous year.

iFast Q1 profit up 49.4% to S$28 million

Revenue is up 49% to S$136.8 million; its wealth management and Hong Kong ePension businesses are more profitable

PropNex has not revealed the claimants, co-defendants or further details of the case.

Lawsuit against PropNex unit over alleged breach of duty of care and negligent misrepresentation dropped

The claimants had sought nearly S$600,000 in damages

Digital Core Reit's Linton Hall facility in the US is being redeveloped and is expected to contribute full-year annualised rent in 2027.

Digital Core Reit’s Q1 distributable income flat at US$11.7 million 

Net property income is down 4.9% at US$21.3 million

Kin Global executive director and CEO Vincent Chai (left) and executive chairman Ko Chee Wah.

Kin Global’s public offer of 1 million shares 29.5 times subscribed at S$0.23 a share

The sports management company’s invitation also includes 23.9 million placement shares

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More