The Business Times
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Tay Peck Gek

Tay Peck Gek

SENIOR CORRESPONDENT

Former fixture at the supreme court house where this reporter had the privilege to see how the razor-sharp minds exercise their wisdom in upholding justice. From following the smart minds to following the smart money now, this newshound hopes to report quality transportation, logistics and legal news.

emailpeckgek@sph.com.sg
Teo Siong Seng has not been served with any legal process or other legal documentation by the US Department of Justice, says Singamas.

Singamas says company, Teo Siong Seng have not been served with any legal process by DOJ

PIL declines comment on its unit Singamas’ legal matters; Singamas shares fall 13.6% on news of alleged price collusion

SIA CEO Goh Choon Phong noted that Singapore is constrained by the lack of a domestic market.

Transforming Air India ‘definitely not going to be a walk in the park’: SIA chief Goh Choon Phong

Singapore Airlines is playing a ‘long game’, he adds

SIA and Scoot have raised airfares across their networks, but the group says these adjustments do not fully offset the spike in jet fuel prices.

SIA H2 FY2026 earnings fall 53.6% to S$945.5 million on absence of accounting gain

SIA’s share of Air India’s full-year losses mounts to S$945.2 million

SingPost says it will retain its flagship SingPost Centre as it is bullish about the upside potential of the building, which will remain a cornerstone of its property assets business.

SingPost H2 net profit falls 81.5% to S$41.2 million as traditional business worsens

This comes as operating environment for the logistics and letters business remains challenging

The decision to not sell SingPost Centre marks a reversal from an earlier decision by SingPost's previous board to divest the Paya Lebar building.

SingPost to keep, enhance SingPost Centre in U-turn from plan to sell it

The cash cow is now part of 3 new priorities aimed at sustainable growth

The full-service airline had 18,233 on its payroll on average in FY2026, more than 17,912 in the year-ago period.

SIA staff get lower bonus of 5.7 months for FY2026

Annual profit-sharing compensation based on a longstanding formula agreed with staff unions

In April last year, there were 1,483 oil tanker arrivals with 59.8 million gross tonnage.

Singapore sells less marine fuel in April amid war-induced tight supply

Number of oil-tanker arrivals down 13.3% on the month

SIA Engineering CEO Chin Yau Seng says the set-up cost for the group's wholly owned Subang subsidiary in Malaysia has peaked.

SIA Engineering expects ‘moderate’ impact from Middle East war – for now

Base maintenance demand is ‘still strong’, with the group getting more enquiries about slot availability

Formalising the SingPost-Asendia partnership on Thursday (May 7) were (from left): Asendia's head of Asia-Pacific Lionel Berthe; SingPost CEO Mark Chong; Asendia CEO Simon Batt; and SingPost's chief information technology officer Gavin Pathross.

SingPost partners Europe’s Asendia to enhance cross-border e-commerce delivery

Local customers will be able to sell and scale their online retail business in new markets with this tie-up

Business succession does not always continue beyond the second generation. Some empires are soon handed over to non-relations, as younger heirs prefer careers of their own.
BRUNCH

Succession in Singapore: Is the era of family empires coming to an end?

More dynasty businesses may have to hand over the reins to outsiders – but that does not have to be cause for concern

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