Banks should take ‘stronger measures’ against clients over environmental breaches linked to haze: MAS

It expects lenders to look at material environmental risks arising from clients’ activities and exposures.

https://bt.sg/f5GV

About 11,000 homes planned on Maju Forest, Gillman Barracks sites with more greenery to be retained

Revised plans will yield about 9,500 public homes and 1,500 private units, with taller blocks planned.

https://bt.sg/6P5m

Sea’s financial services arm Monee should consider an IPO on SGX

With Monee’s expanding digital banking business and growing investor interest in financial services, BT’s Benjamin Cher makes the case for an SGX listing, and explores how a dual listing with Nasdaq could offer the best of both worlds.

https://bt.sg/erzN2

Singapore, Indonesia reach political commitment to address transboundary issues

Foreign Minister Vivian Balakrishnan says the haze shows the importance of maintaining constructive cooperation even when issues become politically sensitive.

https://bt.sg/LG6s

Start your day with BT ☕️:

Stocks to watch: Keppel, CICT, MLT, Golden-Agri, Wilmar, CDLHT, Ultragreen.ai https://bt.sg/qoDt

Top stories:
1. Companies: Wall Street ends higher as Fed holds key rate steady, focus turns to earnings https://bt.sg/qepm

2. Singapore: SkillsFuture Level-Up Programme to cover 140 more courses, including in finance and tech https://bt.sg/AcCJ

3. Opinion: SGX needs still-tougher governance rules to attract the smart money https://bt.sg/hRap

Keppel posts 20% rise in Q3 net profit; New Keppel earnings up 15%

The increase in New Keppel’s profit was underpinned by stronger performance in its connectivity segment and steady earnings from its infrastructure segment.

https://bt.sg/mzWY

Keppel seeks US$1 billion for Vietnam investments as it joins country’s international financial centre

The move marks a further expansion of Keppel’s asset management activities in Vietnam, where it has operated for about four decades and built a portfolio of 30 projects with total registered investment capital exceeding S$5 billion.

https://bt.sg/ohuT5

President Prabowo hosts Vivian Balakrishnan at private residence

Singapore Foreign Minister Vivian Balakrishnan met Indonesian President Prabowo Subianto at his private residence on Wed (Oct 28). The minister was visiting Indonesia to meet Indonesia’s Foreign Minister Arrmanatha Christiawan Nasir.

https://bt.sg/LG6s

COE review: Motor traders suggest using vehicle length, engine size and power to classify cars

“For cars, engine size, horsepower and dimensions are still a clear way of judging the segment the car belongs to. If open market value (OMV) is to be used, we think it should have a simpler, more transparent approach that includes a fixed OMV cap,” says Glenn Tan, president of the Motor Traders Association of Singapore.

https://bt.sg/MyuA

Sentosa and Tada to kick off autonomous vehicle rides in early 2027

Members of the public can book rides on the shuttles through the Tada app, with the service covering the west of Sentosa, including Siloso, Imbiah and Beach Station, among others.

https://bt.sg/cGVt

Chairman’s role in spotlight with raft of proposed new rules for Singapore boards

Singapore-listed companies will face stricter requirements on board leadership.

https://bt.sg/iwQBM

DBS denies rumours of Indonesian subsidiary merger with Bank Central Asia; analysts cautious on deal

There was speculation that DBS Indonesia could be merged with BCA through a non-cash deal, in which DBS would receive newly issued BCA shares in exchange for its 99% stake in DBS Indonesia. BCA owns the remaining 1%.

https://bt.sg/CWgD

Wider talent pools, smoother operations: What these S’pore firms gain from inclusive hiring

Less reliance on temporary staff, more opportunities for employees with disabilities. At Amara Singapore, assessing individual strengths and designing roles to match helps achieve both.

Join the Enabling Mark Business Conference on Nov 10 to hear how other employers approach disability inclusion and get practical ideas for your workplace.

Brought to you by SG Enable

bt.sg/xTdw

Singapore’s easy wins in attracting global capital are over, say panellists

Companies increasingly want substantive operations, senior decision-makers and investment expertise in locations that offer long-term stability, panellists at the Dentons Rodyk Dialogue 2026 said on Wednesday (Oct 28).

https://bt.sg/MuQM

Singtel’s NCS to more than triple AI specialist workforce to over 300 in two years

The expansion comes as NCS seeks to build a larger pool of specialists who can work directly with clients to turn AI projects into operational solutions.

https://bt.sg/z6Cc

JP Morgan Asset Management to drive expansion in Asia-Pacific

The firm manages a total of US$4.8 trillion in assets. Winning more Asia-Pacific business would be a “big prize”, says Dan Watkins, JPMAM’s CEO for the Asia-Pacific.

https://bt.sg/oFZDc

Govt slaps loan curbs on individual private-hire car buyers

From Friday (Oct 30), individuals who purchase private-hire cars (PHCs) will now face the same financing restrictions as regular car buyers. These include a maximum loan amount of up to 70% of the vehicle’s purchase price and a loan tenure limited to seven years.

https://bt.sg/oXzsU

ECB president Christine Lagarde resigns at time of mounting challenges for Europe

The move comes as the ECB battles inflation risks from an Iran war-driven oil shock while a sharp rise in bond yields, especially in France, threatens to dampen growth.

https://bt.sg/Gzy7