The Business Times
Tay Peck Gek

Tay Peck Gek

SENIOR CORRESPONDENT

Former fixture at the supreme court house where this reporter had the privilege to see how the razor-sharp minds exercise their wisdom in upholding justice. From following the smart minds to following the smart money now, this newshound hopes to report quality transportation, logistics and legal news.

emailpeckgek@sph.com.sg
email@PeckGekBT
At a press briefing, Indonesia’s Attorney-General’s Office put on show trillions of rupiah in seized assets from the corruption case involving Wilmar Group and export permits for crude palm oil products.

Wilmar’s Indonesian executive gets 6-year jail term, fine over bribing judges

However, Muhammad Syafei is not found guilty of money laundering

Watches seized

Assets seized in connection with Chen Zhi’s transnational scam syndicate total over S$500 million, says Singapore police

Three Singaporeans have been arrested so far for their suspected involvement in money laundering offences

Smoke rises from Jebel Ali port after an Iranian missile attack in Dubai, March

Singapore, Tg Pelepas, Port Klang could face congestion from Middle East-bound boxships; capacity shortage feared

Bottlenecks will worsen if Strait of Hormuz closure persists, with Colombo likely to be the worst hit

UMS Integration says it will fund the deal through internal resources and/or bank borrowings.

UMS buys out aluminium alloy products supplier

The deal is not expected to have a material impact on its FY2026 net tangible assets or earnings per share

Top Glove founder's son Lim Jin Feng is one of the two named as joint managing directors.

Top Glove founder’s son named as joint managing director, to take over the reins on Apr 1

Lim Jin Feng – son of Lim Wee Chai – will assume the role along with Ng Yong Lin

Olam Agri, which sells grains and seeds and makes everything from edible oils to pasta, is one of Olam Group’s main units.

Olam to guarantee US$100 million loan for Olam Agri until unit is sold

The group is selling its 44.58% stake to Saudi Agricultural and Livestock Investment Company

Generic pictures of Singapore Airlines, air travel, commercial aviation, Chnagi or stories related to tourism, travel, Singapore’s road map for Tourism 2040 strategy, city-state’s tourism receipts, tourists arrival numbers and tourism growth.

SIA’s Q3 financials beat street consensus; analysts see early signs of pricing recovery

DBS believes group’s better-than-expected passenger yields are ‘a potential early sign of an inflection point’

新加坡航空公司（新航，SIA）空中巴士A350-900型客机。

SIA Q3 operating profit up 26% on record revenue; net earnings down 69% in absence of one-off gain

Net profit at S$505 million on revenue of S$5.5 billion; share of associated companies’ losses including Air India rises by S$163 million

Apart from the S$500,000 compensation, Tuck Lee Ice is also seeking an injunction to restrain Superior Products Asia from using the name “Tuck Lee Ice” and a court order that directs the defendant to remove or correct all online and digital listings, tags, metadata, and search references that mislead or divert customers searching for “Tuck Lee Ice”.

Tuck Lee Ice sues for S$500,000 over alleged ‘wrongful’ re-directing of search results

An online search for its name last year would show the results diverted and redirected to Superior Products Asia’s corporate name and...

Daniel Or, Executive Director, OKP Holdings
TOPLINE

OKP poised to benefit from Singapore construction boom, backed by S$136.7 million in cash

With its order book value standing at S$615.9 million, the group expects to remain profitable until end-2027

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