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/companies-markets/transport-logistics/airasia-x-posts-quarterly-loss-fuel-costs-bite-withholds-2026-targets Thu, 14 May 2026 12:26:23 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/airasia-x-posts-quarterly-loss-fuel-costs-bite-withholds-2026-targets The results mark the first reporting period following the completion of its acquisition of AirAsia Aviation Group and AirAsia in January https://www.businesstimes.com.sg/companies-markets/transport-logistics/sia-h2-fy2026-earnings-fall-53-6-s945-5-million-absence-accounting-gain Thu, 14 May 2026 10:45:05 +0000 Tay Peck Gek Transport & Logistics Companies & Markets /companies-markets/transport-logistics/sia-h2-fy2026-earnings-fall-53-6-s945-5-million-absence-accounting-gain SIA’s share of Air India’s full-year losses mounts to S$945.2 million https://www.businesstimes.com.sg/companies-markets/transport-logistics/sia-staff-get-lower-bonus-5-7-months-fy2026 Thu, 14 May 2026 10:33:51 +0000 Tay Peck Gek Transport & Logistics Companies & Markets /companies-markets/transport-logistics/sia-staff-get-lower-bonus-5-7-months-fy2026 Annual profit-sharing compensation based on a longstanding formula agreed with staff unions https://www.businesstimes.com.sg/companies-markets/transport-logistics/singapore-sells-less-marine-fuel-april-amid-war-induced-tight-supply Thu, 14 May 2026 07:11:05 +0000 Tay Peck Gek Transport & Logistics Companies & Markets /companies-markets/transport-logistics/singapore-sells-less-marine-fuel-april-amid-war-induced-tight-supply Number of oil-tanker arrivals down 13.3% on the month https://www.businesstimes.com.sg/companies-markets/transport-logistics/honda-forecasts-profit-recovery-after-first-ever-annual-loss Thu, 14 May 2026 05:53:46 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/honda-forecasts-profit-recovery-after-first-ever-annual-loss Almost one in three motorcycles sold globally carries the carmaker badge https://www.businesstimes.com.sg/companies-markets/transport-logistics/iran-war-jolts-air-india-lufthansa-and-cathay-pounce-fast-growing-market Thu, 14 May 2026 04:43:38 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/iran-war-jolts-air-india-lufthansa-and-cathay-pounce-fast-growing-market Foreign carriers gain share of international traffic from India https://www.businesstimes.com.sg/companies-markets/transport-logistics/singpost-keep-enhance-singpost-centre-u-turn-plan-sell-it Wed, 13 May 2026 22:50:45 +0000 Tay Peck Gek Transport & Logistics Companies & Markets /companies-markets/transport-logistics/singpost-keep-enhance-singpost-centre-u-turn-plan-sell-it The cash cow is now part of 3 new priorities aimed at sustainable growth https://www.businesstimes.com.sg/international/asean/vietnam-ev-maker-vinfast-says-it-will-undergo-corporate-restructuring Wed, 13 May 2026 09:37:37 +0000 Asean Companies & Markets International Transport & Logistics /international/asean/vietnam-ev-maker-vinfast-says-it-will-undergo-corporate-restructuring The deal is expected to close in the third quarter of 2026 https://www.businesstimes.com.sg/companies-markets/transport-logistics/sia-engineering-expects-moderate-impact-middle-east-war-now Tue, 12 May 2026 08:43:58 +0000 Tay Peck Gek Transport & Logistics Companies & Markets /companies-markets/transport-logistics/sia-engineering-expects-moderate-impact-middle-east-war-now Base maintenance demand is ‘still strong’, with the group getting more enquiries about slot availability https://www.businesstimes.com.sg/companies-markets/transport-logistics/fords-landmark-deal-china-ev-battery-maker-catl-shows-way-trump-xi-deepen-ties Tue, 12 May 2026 02:00:38 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/fords-landmark-deal-china-ev-battery-maker-catl-shows-way-trump-xi-deepen-ties The two leaders have much else to discuss, from tariff rates to America’s attack on Iran and the energy crisis it’s caused https://www.businesstimes.com.sg/companies-markets/transport-logistics/general-motors-cut-hundreds-white-collar-workers-it-overhaul Mon, 11 May 2026 22:36:48 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/general-motors-cut-hundreds-white-collar-workers-it-overhaul The automaker has also made broad cutbacks in its electric vehicle operations in response to a slowdown in demand https://www.businesstimes.com.sg/companies-markets/transport-logistics/sia-boosts-europe-flight-frequencies-returns-madrid-amid-strong-travel-demand Mon, 11 May 2026 09:29:47 +0000 Shikhar Gupta Transport & Logistics Companies & Markets /companies-markets/transport-logistics/sia-boosts-europe-flight-frequencies-returns-madrid-amid-strong-travel-demand Its weekly flights to Europe have increased by almost 12% over the last two months https://www.businesstimes.com.sg/companies-markets/transport-logistics/chinas-domestic-car-demand-stays-weak-exports-strengthen Mon, 11 May 2026 08:54:56 +0000 Transport & Logistics Companies & Markets International /companies-markets/transport-logistics/chinas-domestic-car-demand-stays-weak-exports-strengthen In April, sales at home drop 21.6% from the year before to 1.4 million vehicles https://www.businesstimes.com.sg/companies-markets/transport-logistics/byd-sees-annual-sales-rise-despite-tepid-market-says-jpmorgan Mon, 11 May 2026 06:13:55 +0000 Transport & Logistics Companies & Markets Global International /companies-markets/transport-logistics/byd-sees-annual-sales-rise-despite-tepid-market-says-jpmorgan The automaker now expects domestic sales to reach between 3.5 million and four million units this year https://www.businesstimes.com.sg/international/us-industry-lawmakers-plead-trump-dont-open-door-chinese-cars-upcoming-xi-summit Mon, 11 May 2026 05:41:31 +0000 International Companies & Markets Transport & Logistics /international/us-industry-lawmakers-plead-trump-dont-open-door-chinese-cars-upcoming-xi-summit Consumer interest in Chinese EVs is growing as the Iran war spikes petrol prices https://www.businesstimes.com.sg/international/uk-france-host-multinational-meeting-mission-escort-ships-through-strait-hormuz Sun, 10 May 2026 22:51:56 +0000 International Companies & Markets Transport & Logistics /international/uk-france-host-multinational-meeting-mission-escort-ships-through-strait-hormuz Iran has effectively shut the waterway after war erupted with US-Israel strikes on Feb 28 https://www.businesstimes.com.sg/companies-markets/transport-logistics/porsche-shutters-three-units-new-ceo-makes-first-job-cuts Fri, 08 May 2026 14:07:12 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/porsche-shutters-three-units-new-ceo-makes-first-job-cuts PORSCHE AG is closing three of its non-car-making units, with chief executive officer Michael Leiters cutting headcount for the first time to... https://www.businesstimes.com.sg/companies-markets/transport-logistics/us-hybrid-car-sales-soar-along-petrol-prices Fri, 08 May 2026 10:44:24 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/us-hybrid-car-sales-soar-along-petrol-prices Hybrids are generally less expensive than EVs and there are more models to choose from https://www.businesstimes.com.sg/companies-markets/transport-logistics/air-india-weighs-cost-cuts-flight-reductions-iran-war-worsens-financial-struggles Fri, 08 May 2026 07:23:33 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/air-india-weighs-cost-cuts-flight-reductions-iran-war-worsens-financial-struggles The Indian carrier’s losses have dragged down earnings at SIA, which holds a 25.1% stake https://www.businesstimes.com.sg/companies-markets/transport-logistics/toyota-sees-20-drop-annual-profit-iran-war-weighs Fri, 08 May 2026 06:21:10 +0000 Transport & Logistics Companies & Markets /companies-markets/transport-logistics/toyota-sees-20-drop-annual-profit-iran-war-weighs The world’s top-selling automaker expects an operating income of 3 trillion yen in the year to March 2027 https://www.businesstimes.com.sg/companies-markets/banking-finance/sumitomo-mitsui-trust-bank-targeting-us500-million-new-aircraft-lease-fund Fri, 08 May 2026 03:12:39 +0000 Banking & Finance Companies & Markets Transport & Logistics /companies-markets/banking-finance/sumitomo-mitsui-trust-bank-targeting-us500-million-new-aircraft-lease-fund The fund will purchase Boeing and Airbus aircraft and lease them to airlines globally