The Business Times

Vertex Technology lodges preliminary prospectus for S$200m SPAC The SPAC, established by Temasek-linked Vertex Venture, will offer 11.8 million units at a price of S$5 per unit. There will be a public offering of 600,000…

Q&A with Robson Lee: A closer look at the ESR-Sabana deal ESR-Reit dominated headlines last year as its proposed merger with Sabana Industrial Reit (Sabana Reit) was scuttled by disgruntled unitholders. BT's Jude Chan sp…

PBOC-backed newspaper warns of yuan depreciation pressure in 2022 In a commentary, the newspaper called the Financial News said a string of factors including shrinking yield advantages, a strengthening dollar, a narrowin…

Aggrieved Laguna noteholders to launch class-action suit against Peter Kwee this month At the heart of this dispute is money — to the tune of tens of millions of dollars — that has not yet been paid back to debenture hol…

NTUC Income to corporatise in bid to raise its competitiveness and fuel growth In a statement, Income said it is looking to the corporatisation exercise to achieve "operational flexibility'' and gain access to strategic…

VIDEO: Interest rates are rising. What can homeowners do? The era of cheap money is coming to an end. With the US signalling multiple rate hikes next year, we can expect domestic interest rates to rise as well. What shou…

Singapore's accounting industry urged to redesign jobs amid risks from automation, 'Great Resignation' trends Minister Indranee Rajah noted that "a desire for better work-life balance, more flexible work arrangements and…

Singapore's unemployment rates continue declining in November There were 76,600 unemployed residents in November, of whom 70,200 were citizens. This was down from 80,000 unemployed residents in October, including 72,200…

Million-dollar HDB resale flat volume hits new high in December 2021: SRX The most expensive HDB resale flat transacted in December was S$1.36 million for a mature estate 5-room DBSS unit at Natura Loft - also the highes…

Bonus hike of 30-50% for investment bankers likely amid record M&A activity in Singapore In May 2021, the average bonus payout for investment bankers in Singapore ranged from S$20,000 to S$95,000, according to compensati…

Eyewear startup Lenskart sees expansion in South-east Asia this year The India-headquartered firm harnesses 3D AR technology to allow a customer to try on eyewear using the front-facing camera of their device with simple…

#BTOpinion: Money for Singapore's sports champions: Why and who should get it Why do monetary awards not apply to all high performance athletic competitions? Does giving money after an achievement make a difference as op…

Buyback consideration by primary-listed SGX stocks tops S$1.19b in 2021, a 3-year high More publicly-listed companies on the Singapore Exchange are buying back shares from the market, with 36 of the 85 who did this in 20…

China tech sell-off deepens as Tencent sale spooks traders Tencent's move to cut its stake in Sea is aiding expectations that the firm and its rivals may pare holdings as Beijing punishes the country's tech giants for an…

Singapore's retail sales up 1.9% in November, slowing from October's phone-boosted pace The picture was mixed across retail industries, with petrol service stations having the highest growth of 21.1 per cent, due mainly…

SPACs and Reits could be bright spots for local IPO activity in 2022, but risks remain Market watchers The Business Times spoke to were optimistic of local equity capital market prospects for this year. The level of acti…

#BTExplains: What you need to know about the ALog Trust-ESR-Reit merger Do you hold units with ESR-Reit and/or Ara Logos Logistics Trust? They've proposed a merger sometime last year, and unitholders will soon be going t…