The Business Times
Tessa Oh

Tessa Oh

CORRESPONDENT

Tessa Oh is a correspondent at The Business Times. She covers Singapore macroeconomics and government policy, with a focus on manufacturing, manpower, and the legal sector. Tessa was previously a journalist at TODAY, covering healthcare.

emailtessaoh@sph.com.sg
email@TessaOhBT
Singapore's next monetary policy statement will be released on or before Apr 14.

Iran war tips scales for MAS to go for stronger Singdollar in April: economists

Analysts now expect a 50 bps steepening of the S$NEER policy band slope

The collapse of TerraUSD and its sister cryptocurrency Luna in May 2022 wiped out some US$40 billion in market value and triggered a broader crisis across cryptocurrency markets.

Singapore court raises damages payout for investors burned by Do Kwon’s Terraform collapse

But it upholds ruling that those who held TerraUSD past May 12, 2022, were speculating and not relying on misrepresentations

The Court of Appeal has found that a provision in the cross-border insolvency framework bars foreign representatives from bringing claims over transactions that predate the law.

Liquidators lose appeal to sue StanChart, BSI over dodgy 1MDB deals

The appellants are pursuing other ‘workarounds’, such as winding up the relevant entities involved

The new guide lays out a five-step framework for law practices and legal teams, from developing an AI governance policy and assessing workflow needs, to tool evaluation and staff training.

Singapore issues guidelines for lawyers on ethical generative AI use

The framework addresses ‘hallucinations’ and the risk of bias in outputs

Park Hotel Clarke Quay was wound up by the court in November 2021.

Ascendas Hospitality Reit loses S$6.2 million hotel refurbishment claim against Park Hotel liquidators

The Reit, which is now part of CapitaLand Ascott Trust, may still refile the claim with supporting income documents

Excluding motor vehicles, retail sales tumbled 2.8 per cent against December’s 1.8 per cent expansion.

Singapore retail sales fall 0.4% in January, hampered by later Chinese New Year timing

The drop misses forecast of 2.8% growth and reverses December’s 2.5% gain

Phantom worker arrangements involve employers making false CPF contributions for locals who do not actually work, artificially boosting a firm’s foreign worker entitlement.

100 employers caught making false CPF contributions to boost foreign worker quotas from 2024 to 2025

Errant employers face fines of up to S$20,000 per fraudulent work pass application and a ban on hiring foreign workers

To drive these efforts, MOM has signed a Memorandum of Understanding with Stas to roll out the pilot programme.
SINGAPORE BUDGET 2026

Budget 2026: New pilot to uplift electrical trade with apprenticeships, career ladders to be launched

Lessons from the programme will be used to scale up efforts for other trades

“There is still considerable uncertainty about how the tariff will evolve over time,” Deputy Prime Minister Gan Kim Yong said.

Singapore to reassess growth, inflation forecasts if necessary: DPM Gan

City-state faces an ‘unpredictable and uncertain’ global trading environment, says the deputy prime minister

Artist's impression of the new Woodlands Gateway district.
SINGAPORE BUDGET 2026

Budget 2026: JTC to develop Woodlands Gateway district as ‘northern gateway’ for Johor-Singapore SEZ

The first phase of the development to be completed around 2030

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