ComfortDelGro appoints two new independent directors

Deputy chairman Choi Shing Kwok is retiring from his role at the end of the year.

https://bt.sg/EZBq

NoonTalk needs continued financial support from CEO Dasmond Koh, auditors warn

The group reported a loss of S$2.55 million for the financial year ended Jun 30, and used S$2.16 million in cash in its operations.

https://bt.sg/LbPn

UOL and CapitaLand to launch Thomson Reserve from S$2,608 psf

The mega development sits on the former Thomson View site, acquired for S$810 million in 2024.

https://bt.sg/sGKD

Singapore semiconductors’ slide continues as global chip-stock rout deepens

Shares of AEM Holdings, CSE Global, UMS Integration and Frencken fall more than 6%.

https://bt.sg/cQCz

Nasdaq listing awaits Singapore’s US$1.5 billion AI drug-discovery biotech Nanyang Biologics

The company is now entering a more capital-intensive stage, as it prepares potential drug candidates for clinical trials and expands its AI platform, says Nanyang Biologics co-founder and executive chairman Dr Roland Ong.

https://bt.sg/9Bnq

Prabowo replaces Indonesia disaster chief a day after brother’s graft arrest

The move, which comes as wildfires are intensifying in the country, is Indonesia‘s President Prabowo Subianto’s second change in his cabinet this month.

https://bt.sg/ipuRS

COE review: The gap between luxury and mass-market cars isn’t the only one worth bridging

Singapore should also seriously think about similar moves for commercial vehicles and motorcycles – as vehicle prices within these respective categories can vary significantly, says BT's transport correspondent Derryn Wong.

https://bt.sg/rfue

Malaysia’s IOI Properties eyes Chijmes, Capitol Kempinski hotel in potentially US$760 million deal

“I’m a latecomer and I want to catch up with the rest,” said Malaysian property tycoon Lee Yeow Seng, whose firm has splurged on Singapore properties in recent years.

https://bt.sg/sst5

No chicken feed: How Malayan Flour Mills built an empire from flour to fowl

While many second-generation founders focus on passing the torch to the third generation, Malayan Flour Mills executive deputy chairman and managing director Teh Wee Chye chooses institutional longevity over lineage.

“We don’t intend to go back to becoming family-run… Family-run businesses tend to be unusually complex,” he said.

https://bt.sg/hidY

Two Singapore-listed palm oil firms named in Greenpeace report on Indonesian plantation fires

The report identified plantation concessions associated with the three companies where fires and smoke were detected between August and September.

https://bt.sg/z5sB

Singapore Airlines flight returns to San Francisco after ‘unruly’ passenger incident

“A Singapore Airlines customer on board flight SQ31... became unruly and injured himself in the process,” an SIA spokesperson said.

https://bt.sg/F32g

Singapore looking into which companies responsible for haze-causing fires: PM Wong

“We cannot control the weather or the winds, nor can we directly control what happens beyond our borders. But we will do everything we can to protect Singaporeans, while working with our neighbours to address the underlying causes of the haze,” said PM Wong, in a Facebook post on Oct 15.

https://bt.sg/JodM

First Resources blames El Nino, outside fires for Kalimantan hotspots amid haze scrutiny

The response follows a Straits Times report citing a recent Greenpeace investigation, which named First Resources among entities with concession areas registering haze source points.

https://bt.sg/kF3Q

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Stocks to watch: SIA, CapitaLand India Trust, First Resources https://bt.sg/KDHz

Top stories:
1. Wealth: High Court rules against Julius Baer’s Singapore trust arm in US$50 million family trust dispute https://bt.sg/9ufV

2. Companies: ‘We were born very privileged. What do we do with that?’: Next-gen heirs want more say in family offices https://bt.sg/HqeB3

3. Asean: ‘Two-way and integrated’: Financial professional services firms see more Singapore-Indonesia work https://bt.sg/Kvic

Singapore key exports jump by higher-than-expected 68.4% in September, led by non-electronics

Electronics exports also continue to surge on AI-related demand.

https://bt.sg/zpiW

Palm oil stocks slide after Singapore begins looking into which firms responsible for haze

First Resources attributed the elevated fire risk in West Kalimantan to a “severe” El Nino-induced drought.

https://bt.sg/ncHM

MSCI proposes downgrading Indonesia to standalone market status

A move to standalone status would remove Indonesian equities from MSCI’s emerging and frontier market indexes, potentially prompting investment funds tracking those benchmarks to reassess or unwind their exposure to the country.

https://bt.sg/txyM

High Court rules against Julius Baer’s Singapore trust arm in US$50 million family trust dispute

The court has struck down a clause giving the trust’s protectors the final say on resolving conflicts, which could have wider ramifications for the trust industry.

https://bt.sg/pAf5

EY ex-managing partner Max Loh appointed chair of Singapore Institute of Directors

He succeeds former PwC Singapore executive chairman Yeoh Oon Jin.

https://bt.sg/bdhX

Fintech platform iCapital plans more Singapore hires even as AI takes on 75% of coding work

The firm plans to hire more product and engineering talent in Singapore.

https://bt.sg/xJnJ