The Business Times

The Business Times The official page of The Business Times. Follow thrive. (by The Business Times) on IG: The Business Times is South-east Asia's leading financial daily.

We bring to our readers daily corporate, financial, economic and political news, analysis and commentary on print and digital platforms. This includes in-depth coverage of Singapore and Asian business and economic developments, as well as global trends that impact Singapore business. On weekends, BT's lifestyle journalists bring busy executives the latest in recreation, entertainment, the arts, de

sign, food and shopping. We welcome thoughtful comments, insightful analysis and otherwise intelligent conversation, as long as you follow our Facebook Guidelines: on.fb.me/1GA8fpv

You can also join the conversation on LinkedIn (https://www.linkedin.com/company/the-business-times), Twitter ( and ), as well as on Instagram (; ) and Telegram (https://t.me/BizTimes).

It will be issued in the denomination of S$250,000 and will confer a right to receive distribution payments.
08/07/2025

It will be issued in the denomination of S$250,000 and will confer a right to receive distribution payments.

[SINGAPORE] Real estate company Guocoland announced on Monday (Jul 7) that its wholly owned subsidiary, GLL IHT, has priced its second tranche of perpetual securities offering of S$120 million at 4.35 per cent under its S$3 billion multicurrency medium-...

The lack of access could be seen as running counter to MAS’ efforts to create a more efficient financial sector.
08/07/2025

The lack of access could be seen as running counter to MAS’ efforts to create a more efficient financial sector.

[SINGAPORE] Local banks' restrictions on small and medium-sized enterprises' (SME) access to their customers' financial data are hampering API access and holding back growth in financial services for these companies, according to a report by think tank ...

The property tycoon was previously set to plead guilty to two charges on Jul 3.
08/07/2025

The property tycoon was previously set to plead guilty to two charges on Jul 3.

[SINGAPORE] Property tycoon Ong Beng Seng is set for another pre-trial conference on Jul 23, with parties having been asked to file revised papers. Read more at The Business Times.

Trump hit trading partners such as Malaysia (25%), Indonesia (32%), Cambodia and Thailand (36%), as well as Laos (40%). ...
08/07/2025

Trump hit trading partners such as Malaysia (25%), Indonesia (32%), Cambodia and Thailand (36%), as well as Laos (40%). Japan and South Korea got hit with 25% tariffs.

[SINGAPORE] Markets in Asia-Pacific were muted on Tuesday (Jul 8) as US President Donald Trump announced new tariff rates on 14 countries. Read more at The Business Times.

The greenback strengthened 0.5% against a basket of peers on Monday.
08/07/2025

The greenback strengthened 0.5% against a basket of peers on Monday.

[NEW YORK] The US dollar jumped the most in three weeks after US President Donald Trump unveiled a wave of proposed tariffs, a sign investors are confident the US economy can largely withstand the impact of trade disputes. Read more at The Business Times.

OCBC aims to extend additional S$3.5 billion in loans to serial entrepreneur; Singapore Airlines' proposed joint venture...
08/07/2025

OCBC aims to extend additional S$3.5 billion in loans to serial entrepreneur; Singapore Airlines' proposed joint venture with Malaysia Airlines receives conditional approval from Competition and Consumer Commission of Singapore; and more.

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[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 8): Read more at The Business Times.

Japan and South Korea were also hit with 25% tariffs.
08/07/2025

Japan and South Korea were also hit with 25% tariffs.

[WASHINGTON] US President Donald Trump on Monday began telling trade partners – from powerhouse suppliers like Japan and South Korea to minor players – that sharply higher US tariffs will start on Aug 1, marking a new phase in the trade war he launched ...

Huawei's "ultra-fast" EV charger will be located in Temasek Polytechnic.
08/07/2025

Huawei's "ultra-fast" EV charger will be located in Temasek Polytechnic.

480 kilowatt electric vehicle (EV) charger is the first in the collaboration, which aims to support both passenger and commercial vehicles in future Read more at The Business Times.

Tesla’s shares fell 7.5% at US$291.50, having lost more than 21% so far this year.
08/07/2025

Tesla’s shares fell 7.5% at US$291.50, having lost more than 21% so far this year.

[NEW YORK] Traders are set to make about US$1.4 billion in paper profits from their short positions in Tesla shares on Monday (Jul 7) after CEO Elon Musk's plans to launch a new US political party heightened concerns about his commitment to the company'...

The 14 countries sent letters so far, hinted at opportunities for additional negotiations while also warning that any re...
07/07/2025

The 14 countries sent letters so far, hinted at opportunities for additional negotiations while also warning that any reprisal steps would be met with a like-for-like response.

[WASHINGTON] US President Donald Trump on Monday began telling trade partners – from powerhouse suppliers like Japan and South Korea to minor players – that sharply higher US tariffs will start on Aug 1, marking a new phase in the trade war he launched ...

Mukesh Ambani runs India’s biggest telecommunications and retail networks, but it’s only now that his family has started...
07/07/2025

Mukesh Ambani runs India’s biggest telecommunications and retail networks, but it’s only now that his family has started climbing up on the list of global celebrities.

FROM Ottawa to Beijing, US President Donald Trump's trade war has made many enemies. But it has also won America some allies. Asia's richest tycoon is preparing to welcome US cargo originally meant for China but rerouted to India. The ship Mukesh Ambani...

Wong Sze Keed, CEO of AIA Singapore, says the insurer is “keeping a tight grip on (its) finances across the board” while...
07/07/2025

Wong Sze Keed, CEO of AIA Singapore, says the insurer is “keeping a tight grip on (its) finances across the board” while ensuring long-term financial sustainability.

[SINGAPORE] By 2026, an estimated 21 per cent of Singapore's population will be aged 65 and above, making it a “super-aged” society. This is a rise from the current 17 to 18 per cent. Read more at The Business Times.

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First published on Oct 1, 1976, The Business Times is South-east Asia's leading financial daily. We bring to our readers daily corporate, financial, economic and political news, analysis and commentary on print and digital platforms. This includes in-depth coverage of Singapore and Asian business and economic developments, as well as global trends that impact Singapore business. On weekends, BT's lifestyle journalists bring busy executives the latest in recreation, entertainment, the arts, design, food and shopping.

We welcome thoughtful comments, insightful analysis and otherwise intelligent conversation, as long as you follow our Facebook Guidelines: on.fb.me/1GA8fpv You can also join the conversation on Twitter @BusinessTimes and @BTlifestyle.

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