https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico https://www.businesstimes.com.sg/ 32 32 https://www.businesstimes.com.sg/singapore/singapore-instagram-seller-must-pay-louis-vuitton-s510000-damages-over-counterfeit-goods-case Thu, 07 May 2026 11:48:47 +0000 Singapore /singapore/singapore-instagram-seller-must-pay-louis-vuitton-s510000-damages-over-counterfeit-goods-case [SINGAPORE] Louis Vuitton was awarded more than half a million dollars in damages from a Singapore Instagram seller accused of repeatedly peddling counterfeit... https://www.businesstimes.com.sg/singapore/6-storey-office-building-planned-near-changi-airport-terminal-3 Thu, 07 May 2026 11:38:42 +0000 Singapore Companies & Markets Transport & Logistics /singapore/6-storey-office-building-planned-near-changi-airport-terminal-3 [SINGAPORE] The operator of Changi Airport is looking to develop a new office building near Terminal 3. https://www.businesstimes.com.sg/singapore/singapores-oil-product-stocks-hit-over-nine-month-lows-us-iran-war-cuts-supply Thu, 07 May 2026 11:23:17 +0000 Singapore Companies & Markets Energy & Commodities /singapore/singapores-oil-product-stocks-hit-over-nine-month-lows-us-iran-war-cuts-supply [SINGAPORE] Oil product stocks in Asia’s oil hub Singapore hit their lowest in more than nine months after the US-Iran war curtailed Middle East crude and fuel exports, official data showed... https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-may-72 Thu, 07 May 2026 10:46:53 +0000 Singapore /singapore/daily-debrief-what-happened-today-may-72 Stories you might have missed https://www.businesstimes.com.sg/singapore/mas-harmonise-securities-laws-facilitate-dual-listings-under-new-bill Thu, 07 May 2026 08:48:46 +0000 Benjamin Cher Singapore Companies & Markets Economy & Policy /singapore/mas-harmonise-securities-laws-facilitate-dual-listings-under-new-bill The proposed legislation will ‘position Singapore to capture future opportunities’: Chee Hong Tat https://www.businesstimes.com.sg/singapore/no-subsidies-solar-panel-installation-costs-have-come-down-gan-siow-huang Thu, 07 May 2026 06:06:49 +0000 Koh Kim Xuan Singapore Economy & Policy /singapore/no-subsidies-solar-panel-installation-costs-have-come-down-gan-siow-huang Private building owners are already showing ‘much higher interest’ in such technology https://www.businesstimes.com.sg/singapore/no-one-currency-unduly-affects-singdollars-stability-alvin-tan Thu, 07 May 2026 05:19:11 +0000 Elysia Tan Singapore Economy & Policy /singapore/no-one-currency-unduly-affects-singdollars-stability-alvin-tan The S$NEER’s appreciation dampens the effect on imported inflation in Singapore https://www.businesstimes.com.sg/singapore/government-defers-consideration-political-salaries-until-impact-middle-east-conflict-clearer Wed, 06 May 2026 13:08:21 +0000 Singapore /singapore/government-defers-consideration-political-salaries-until-impact-middle-east-conflict-clearer [SINGAPORE] The committee reviewing political salaries has submitted its recommendations, but the Government will defer considering them until the impact of the conflict in... https://www.businesstimes.com.sg/singapore/companies-replace-workers-ai-risk-losing-competitive-edge-relying-vendors-jasmin-lau Wed, 06 May 2026 11:09:53 +0000 Tessa Oh Singapore Economy & Policy /singapore/companies-replace-workers-ai-risk-losing-competitive-edge-relying-vendors-jasmin-lau Investing in employees, such as by training them, facilitating their access to frontier AI tools are in firms’ long-term interest, she notes https://www.businesstimes.com.sg/singapore/singapores-ai-transition-need-not-pit-workers-against-businesses-says-tan-see-leng Wed, 06 May 2026 10:57:50 +0000 Tessa Oh Singapore Economy & Policy /singapore/singapores-ai-transition-need-not-pit-workers-against-businesses-says-tan-see-leng MPs call for AI adoption to be linked to job redesign and worker outcomes; government vows no worker will be left behind https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-may-62 Wed, 06 May 2026 10:30:18 +0000 Singapore /singapore/daily-debrief-what-happened-today-may-62 Stories you might have missed https://www.businesstimes.com.sg/singapore/pm-wong-head-cebu-asean-summit-leaders-discuss-trade-energy-security-amid-middle-east-tensions Wed, 06 May 2026 09:00:00 +0000 Tessa Oh Singapore /singapore/pm-wong-head-cebu-asean-summit-leaders-discuss-trade-energy-security-amid-middle-east-tensions The prime minister will also hold bilateral meetings on the sidelines of the event https://www.businesstimes.com.sg/singapore/coes-large-cars-4-3-s126236-mainstream-cars-near-s125000 Wed, 06 May 2026 08:35:24 +0000 Derryn Wong Singapore /singapore/coes-large-cars-4-3-s126236-mainstream-cars-near-s125000 All premiums rise in May’s first round; LTA urges prudent bidding https://www.businesstimes.com.sg/singapore/singapore-earns-top-rating-fight-against-financial-crime-despite-shadow-s3-billion-money-laundering Wed, 06 May 2026 07:00:00 +0000 Jean Low Singapore Banking & Finance Companies & Markets /singapore/singapore-earns-top-rating-fight-against-financial-crime-despite-shadow-s3-billion-money-laundering Despite high marks, a global watchdog flags gaps in sanctions and oversight of certain sectors https://www.businesstimes.com.sg/singapore/moh-addressing-rising-healthcare-costs-cannot-control-commercial-insurance-decisions-rahayu-mahzam Wed, 06 May 2026 05:55:44 +0000 Elysia Tan Singapore Economy & Policy /singapore/moh-addressing-rising-healthcare-costs-cannot-control-commercial-insurance-decisions-rahayu-mahzam It is exploring setting benchmarks in cost components other than doctor’s fees https://www.businesstimes.com.sg/singapore/economy-policy/ai-transition-must-safeguard-and-empower-workers-support-firms-ng-chee-meng Tue, 05 May 2026 13:05:44 +0000 Low Youjin Economy & Policy Singapore /singapore/economy-policy/ai-transition-must-safeguard-and-empower-workers-support-firms-ng-chee-meng AI can raise productivity, unlock new possibilities and strengthen country’s competitiveness if used well, says labour chief https://www.businesstimes.com.sg/singapore/economy-policy/new-skills-and-workforce-development-agency-be-established-q3-support-workers-across-life-stages Tue, 05 May 2026 12:31:49 +0000 Low Youjin Economy & Policy Singapore /singapore/economy-policy/new-skills-and-workforce-development-agency-be-established-q3-support-workers-across-life-stages It will also help employers navigate workforce transformation and strengthen the jobs and training ecosystem https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-may-51 Tue, 05 May 2026 11:20:51 +0000 Singapore /singapore/daily-debrief-what-happened-today-may-51 Stories you might have missed https://www.businesstimes.com.sg/singapore/no-need-raise-penalties-late-retrenchment-notices-given-high-compliance-rates-tan-see-leng Tue, 05 May 2026 07:33:16 +0000 Koh Kim Xuan Singapore Economy & Policy /singapore/no-need-raise-penalties-late-retrenchment-notices-given-high-compliance-rates-tan-see-leng He notes that most late submissions were due to administrative oversights https://www.businesstimes.com.sg/singapore/mas-bank-ceos-convene-over-ai-cyberthreats-boards-told-own-risks-not-leave-it-teams Tue, 05 May 2026 05:02:33 +0000 Tessa Oh Singapore Economy & Policy /singapore/mas-bank-ceos-convene-over-ai-cyberthreats-boards-told-own-risks-not-leave-it-teams Cyber Security Agency of Singapore also issues letter urging critical information infrastructure owners to commission a board-level review https://www.businesstimes.com.sg/singapore/singapore-retail-sales-grow-4-8-march-cool-chinese-new-year-driven-february-surge Tue, 05 May 2026 05:00:00 +0000 Tessa Oh Singapore Economy & Policy /singapore/singapore-retail-sales-grow-4-8-march-cool-chinese-new-year-driven-february-surge On a seasonally adjusted month-on-month basis, retail sales rise 3.7% in March https://www.businesstimes.com.sg/singapore/lta-apologises-e-mail-gaffe-circular-sent-potential-ev-charger-owners Tue, 05 May 2026 04:29:49 +0000 Derryn Wong Singapore Companies & Markets Transport & Logistics /singapore/lta-apologises-e-mail-gaffe-circular-sent-potential-ev-charger-owners A follow-up e-mail has been sent to apologise to users https://www.businesstimes.com.sg/singapore/singapore-indonesia-courts-forge-cross-border-insolvency-agreement-streamline-debt-restructurings Tue, 05 May 2026 02:00:00 +0000 Tessa Oh Singapore /singapore/singapore-indonesia-courts-forge-cross-border-insolvency-agreement-streamline-debt-restructurings Cases such as FTX’s collapse and Garuda’s restructuring highlight the need for judicial coordination across jurisdictions https://www.businesstimes.com.sg/singapore/former-manager-dbs-bank-admits-cheating-7-victims-including-his-uncle-over-s1-million Mon, 04 May 2026 11:03:23 +0000 Singapore Banking & Finance Companies & Markets /singapore/former-manager-dbs-bank-admits-cheating-7-victims-including-his-uncle-over-s1-million [SINGAPORE] A former manager with DBS Bank has admitted to cheating seven victims, including his own uncle, of nearly S$1.4 million in total. https://www.businesstimes.com.sg/singapore/cross-border-taxi-bookings-start-grab-app-fares-vary-based-time-day-distance Mon, 04 May 2026 10:51:00 +0000 Singapore Companies & Markets Transport & Logistics /singapore/cross-border-taxi-bookings-start-grab-app-fares-vary-based-time-day-distance [SINGAPORE] Grab’s users in Singapore are now able to book cross-border taxis from anywhere on the island to Johor through its app, although... https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-may-4 Mon, 04 May 2026 10:31:05 +0000 Singapore /singapore/daily-debrief-what-happened-today-may-4 Stories you might have missed https://www.businesstimes.com.sg/companies-markets/banking-finance/mas-partners-banking-industry-tap-ai-machine-learning-combat-financial-crime Mon, 04 May 2026 08:18:08 +0000 Therese Soh Banking & Finance Companies & Markets Singapore /companies-markets/banking-finance/mas-partners-banking-industry-tap-ai-machine-learning-combat-financial-crime It will use these techniques to enhance scam-detection capabilities https://www.businesstimes.com.sg/companies-markets/transport-logistics/singapore-government-seeks-public-feedback-proposed-legal-framework-av-deployment-safety Mon, 04 May 2026 03:26:00 +0000 Therese Soh Transport & Logistics Companies & Markets Singapore /companies-markets/transport-logistics/singapore-government-seeks-public-feedback-proposed-legal-framework-av-deployment-safety Proposed law will clarify safety regulations as well as the liability, insurance and enforcement regimes for operating AVs https://www.businesstimes.com.sg/singapore/singapore-and-new-zealand-sign-essential-supplies-trade-deal-will-cooperate-ai-and-green-economy Mon, 04 May 2026 01:00:22 +0000 Elysia Tan Singapore Economy & Policy /singapore/singapore-and-new-zealand-sign-essential-supplies-trade-deal-will-cooperate-ai-and-green-economy Leaders also discuss collaboration in defence and healthcare https://www.businesstimes.com.sg/singapore/economy-policy/new-zealand-pm-luxon-singapore-first-annual-leaders-meeting-supply-chain-pact-signing Sun, 03 May 2026 08:19:06 +0000 Tessa Oh Economy & Policy Singapore /singapore/economy-policy/new-zealand-pm-luxon-singapore-first-annual-leaders-meeting-supply-chain-pact-signing The visit follows bilateral relations being upgraded to the highest level in October 2025 https://www.businesstimes.com.sg/singapore/largely-business-usual-singapores-mice-industry-amid-iran-war Fri, 01 May 2026 05:00:00 +0000 Elysia Tan Singapore Economy & Policy /singapore/largely-business-usual-singapores-mice-industry-amid-iran-war Regional demand continues to provide support https://www.businesstimes.com.sg/singapore/may-day-rally-singapore-must-ready-ourselves-succeed-amid-ai-disruption-says-pm-wong Fri, 01 May 2026 02:43:25 +0000 Elysia Tan Singapore Economy & Policy /singapore/may-day-rally-singapore-must-ready-ourselves-succeed-amid-ai-disruption-says-pm-wong Not every job can be saved, but new and better ones can be created, he adds https://www.businesstimes.com.sg/singapore/may-day-rally-hormuz-crisis-could-be-more-severe-1970s-oil-shocks-government-will-do-more-help-if Fri, 01 May 2026 02:32:03 +0000 Tessa Oh Singapore Economy & Policy /singapore/may-day-rally-hormuz-crisis-could-be-more-severe-1970s-oil-shocks-government-will-do-more-help-if The country must brace for months-long disruption and pressures are likely to intensify, he warns https://www.businesstimes.com.sg/singapore/economy-policy/may-day-rally-ntuc-commit-s37-million-2026-help-workers-everyday-needs Fri, 01 May 2026 02:12:50 +0000 Janice Heng Economy & Policy Singapore /singapore/economy-policy/may-day-rally-ntuc-commit-s37-million-2026-help-workers-everyday-needs The amount will go to funds for childcare and eldercare support, among others, says labour chief Ng Chee Meng https://www.businesstimes.com.sg/singapore/watch-pm-wongs-may-day-rally-speech Fri, 01 May 2026 01:00:00 +0000 Singapore /singapore/watch-pm-wongs-may-day-rally-speech PM Wong’s first May Day speech since the 2025 General Election comes amid a climate of geopolitical uncertainty