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6/11/2024, 7:55:44 AM
: Can Apple catch up with rivals in the AI race?
While Google and Microsoft forge ahead with innovations in generative AI, the iPhone maker risks being left behind.
6/11/2024, 6:45:52 AM
Battery not included: China EV makers struggle to break VinFast’s dominance in Vietnam
Buoyed by success in Thailand and growing sales in Indonesia and Malaysia, Chinese carmakers are eyeing Vietnam’s market, but it’s proving challenging.
6/11/2024, 6:15:58 AM
Singapore unlikely to draw large-scale data-centre investment despite added capacity: report
This is because the allocated capacity isn’t enough for the sector’s needs in South-east Asia. Johor and Batam have also come up as attractive destinations for investments into data centres.
6/4/2024, 11:30:27 AM
Roaring Kitty’s Reddit post on GameStop signals a US$289 million paper fortune
Brokerage E*Trade is considering kicking Keith Gill off of its platform over concerns about potential stock manipulation tied to his recent GameStop options purchase.
6/4/2024, 10:01:31 AM
VIDEO: Zelensky says China is undermining Ukraine peace summit
Prime Minister Lawrence Wong and President Tharman met Ukrainian President Volodymyr Zelensky on Sun (June 2) after he spoke on the last day of the Shangri-La Dialogue forum. He said Russia was ‘using China's influence’ to ‘disrupt’ moves towards peace and that Beijing was an ‘instrument’ in the hands of Russian President Vladimir Putin.
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6/4/2024, 8:31:23 AM
With WFS under its belt, a supersized Sats aims for S$8 billion in revenue by 2028
The acquisition has made Sats more geographically diversified; the company has also tweaked its business mix.
5/30/2024, 11:10:40 AM
Food factory site in Mandai fetches S$74 million, among recent big-ticket industrial deals
British-American Tobacco is selling 15 Senoko Loop for S$53.2 million to Hines, Mitsui, Mitsubishi Estate JV; entities linked to Fife Capital are buying 47 Pandan Road.
5/30/2024, 7:29:58 AM
Port congestion in Singapore leads to some liners skipping calls here
CMA CGM is one of them, with at least two of its vessels skipping the transhipment hub on the grounds of ‘schedule recovery’.
5/30/2024, 7:09:45 AM
Turning shipping containers into tiny hotels
Today, Tiny Pod has eight shipping container units across three locations: Haw Par Villa, JTC LaunchPad @ one-north and Gardens by the Bay. A night in one costs S$200 to S$800, depending on the booking period.
5/16/2024, 5:32:05 AM
Money laundering accused Su Jianfeng slapped with six new charges for submitting forged documents to OCBC, Maybank
The new charges bring the total number faced by Su to 12.
5/16/2024, 3:08:07 AM
Start your day with BT ☕️:
Stocks to watch: SIA, Seatrium, OUE Healthcare
Top stories
1. Companies: Grab’s Q1 loss narrows to US$115 million
2. International: Singapore’s STT GDC to co-develop US$420 million data centre in Vietnam
3. Singapore: Seatrium wins FPSO integration contract from SBM Offshore
5/16/2024, 1:30:05 AM
SIA staff rewarded with nearly 8 months of bonus pay as airline posts record S$2.7 billion profit for FY2024
This is higher than FY2023’s 6.65 months, which did not include ex-gratia bonus to reward staff for their hard work during the pandemic.
5/15/2024, 1:31:21 PM
PM Wong calls on Singaporeans to support each other, help his government take the country forward
PM Wong promised to serve Singaporeans “with all (his) heart”, never settle for the status quo, and “always seek better ways to make tomorrow better than today”.
5/15/2024, 12:55:35 PM
SIA posts 0.3% rise in H2 net profit as competition from other airlines intensifies
For the full year, the group notched a 24% gain in net profit to a record high of S$2.7 billion.
5/15/2024, 11:07:04 AM
VIDEO: Incoming PM Lawrence Wong on tackling Singapore’s challenges
“From time to time, we will have to say things or do things that some countries may not be so happy with, it could be China one day, it could be the US another day.” Incoming Prime Minister Lawrence Wong shares his thoughts on Singapore’s place in an uncertain world, and how he intends to maintain policy continuity while tackling new challenges.
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5/15/2024, 10:45:42 AM
VIDEO: PM Lee Hsien Loong on Singapore’s challenges and future in a polarised world
“If the trend is that I want more checks and balances, and more alternative voices, you're inevitably going to weaken the government,” said Prime Minister Lee Hsien Loong in his final interview as premier. PM Lee stressed that the nation has ‘no choice’ but to stay open, and manage the tensions between locals and foreigners as it brings in talent from overseas to grow the economy.
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5/15/2024, 8:03:02 AM
Developers sell 301 new homes in April, down 58% on fewer launches
Year on year, last month’s new home sales were 66.2% lower than the 890 units recorded in April 2023.
5/15/2024, 6:09:48 AM
VIDEO: PM Lee Hsien Loong on the leadership transition and Singapore’s foreign policy
“We must expect that some probing will come and we must be ready to respond.” In Prime Minister Lee Hsien Loong’s final interview as Singapore’s leader, he warned that other countries could test the new leadership on foreign policy issues, and why it is vital for the nation to continue engaging its neighbours and major world powers to protect its national interest.
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5/15/2024, 5:02:05 AM