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South-east Asia's leading financial news site. For more breaking news: https://bt.sg/4zbZc Subscribe to the BT Personal Edition at S$9.90/mth: btsub.sg/btpersonal
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Latest Posts
Former Citiraya CEO hit with fresh charges spanning corruption, money laundering Ng Teck Lee, the former CEO of electronic waste-recycling company Citiraya Industries, is said to have made more than U...
4,059 views
05-20 19:32
05-20 19:32
Singapore welcomes competition for AI leadership; not a zero-sum game: Gan Kim Yong Singapore is happy to work with any other country who wants to compete for AI leadership, “to make progress together...
4,650 views
05-20 18:15
05-20 18:15
AI replaces ‘lower-value human capital’, StanChart CEO says “We don’t have job losses, but we do have job role reductions in favour of the machines,” said Standard Chartered CEO Bill Winters, deliveri...
5,330 views
05-20 16:57
05-20 16:57
Commercial vehicle COE premium up 5.4% to new record of S$92,223 For May’s second round of bidding, the mainstream car category is the only premium to dip, down 0.4% to S$124,229. https://bt...
5,180 views
05-20 16:31
05-20 16:31
OCBC outbids banks on HSBC Indonesia deal by wide margin: sources OCBC substantially outbid rivals in a recent deal to buy HSBC Holdings’s retail and wealth assets in Indonesia, by more than US$1...
5,490 views
05-20 15:05
05-20 15:05
AI replaces ‘lower-value human capital’, StanChart CEO says “We don’t have job losses, but we do have job role reductions in favour of the machines,” said Standard Chartered CEO Bill Winters, deliveri...
5,740 views
05-20 13:50
05-20 13:50
[JUST IN] Gardenia axes over 100 staff in Singapore as it relocates bakery production to JB The move is part of “ongoing efforts to enhance operational efficiency and maintain competitiveness amid an ...
6,240 views
05-20 12:26
05-20 12:26
OpenAI picks Singapore for first Applied AI Lab outside US in S$300 million push to tap ‘incredible talent here’ It will create 200 jobs and expand access to AI tools and expertise. “There’s incr...
6,070 views
05-20 11:36
05-20 11:36
Government to help 10,000 SMEs integrate AI into their operations over the next three years “We will help 10,000 enterprises use AI meaningfully,” said Minister for Digital Development and Information...
5,980 views
05-20 10:45
05-20 10:45
Singapore staff first to go in Meta’s 8,000 global job cuts The company began notifying workers around the world on Wednesday (May 20) morning, starting with employees in Singapore, who got the note a...
6,510 views
05-20 09:34
05-20 09:34
Start your day with BT ☕️ : Stocks to watch: Hongkong Land, Yangzijiang Shipbuilding, SIA, Sembcorp, Delfi https://bt.sg/d8Cw Top stories: 1. Singapore : Nuclear power: Singapore to undertake IAEA rev...
6,060 views
05-20 08:39
05-20 08:39
#BTOpinion : Think hard about embracing the new CPF life-cycle investment scheme Don't scoff at earning at least 2.5% per annum on CPF savings in an unpredictable world, says BT's Leslie Yee. ...
6,430 views
05-19 19:03
05-19 19:03
We're here to save workers, not jobs. The key thing is to use AI to create capacity for growth. DBS CEO Tan Su Shan tells BT associate editor Lee Su Shyan in an exclusive interview that she believ...
6,510 views
05-19 17:31
05-19 17:31
StanChart Singapore to hire more wealth bankers amid plans to cut over 7,000 jobs globally According to the bank’s website, there are around 9,000 employees in Singapore, accounting for about 10% of t...
6,280 views
05-19 16:10
05-19 16:10
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI “We used to have around 3,000 production engineers, but with AI, these numbers will be much lower. For a leader, th...
6,750 views
05-19 14:42
05-19 14:42
Want to beat rising inflation? These SGX-listed funds and stocks offer dividends of at least 3% The iShares US dollar (USD) Asia High-yield bond index ETF leads the pack with a 7.3% dividend yield. ht...
6,730 views
05-19 14:03
05-19 14:03
Temasek unlikely to meet 2030 climate targets, says CEO Dilhan Pillay In the current global landscape, ‘the transition will be far more uneven, contested and non-linear’, says Temasek CEO Dilhan Pilla...
6,490 views
05-19 12:45
05-19 12:45
Scuttled M1-Simba deal leaves investors with more questions than answers The pressing question is whether any new suitor will be willing to offer the same price or valuation that Simba put on the tab...
6,400 views
05-19 11:34
05-19 11:34
Undergrads to get hands-on AI finance training; sector to offer over 1,000 internships, traineeships The Young Talent Programme for AI in Finance is part of a broader push by the Monetary Authority of...
6,370 views
05-19 10:12
05-19 10:12
StanChart targets higher return in 2028, plans 15% cut in corporate roles by 2030 StanChart said the next phase of its growth would be aided by a more integrated operating model, which it aims to achi...
6,370 views
05-19 09:15
05-19 09:15