The Business Times

JPMorgan board lifts CEO Dimon's pay to US$34.5m Dimon's total compensation will include an annual base salary of US$1.5 million and performance-based incentive pay of US$33 million, according to a regulatory filing.

Kim Jong Un blasts US, signals return to nuclear and ICBM tests The meeting in Pyongyang represents the clearest sign yet that Kim is moving to end his self-imposed isolation after rejecting overtures from the US and Sou…

Recruiters say 'no amount of money' can lure bankers to Hong Kong Headhunters are finding they can only recruit candidates who are already in Hong Kong. The crunch comes as it deals with a growing outflow of expatriates…

All govt agencies will sign up to SMS registry; review use of SMS, clickable links "The removal of clickable links for low-risk transactions also has implications beyond reducing accessibility and inclusion. Scammers wil…

OCBC customers to get alerts for all PayNow, FAST transfer transactions This after the scam-hit bank set the threshold at a default S$0.01. Also implemented is a 24-hour cooling-off period for key account changes by Jan…

Hong Kong warns people to stop trying to prevent Covid hamster cull The Agriculture, Fisheries and Conservation Department (AFCD) said any effort to try to save hamsters would be dealt with, even if that meant calling in…

Singapore is third most preferred destination in Apac for cross-border real estate investment in 2022: CBRE According to CBRE, Singapore continues to draw investors from Japan, Taiwan and beyond Asia-Pacific for its stro…

[JUST IN] Singapore's authorities are simplifying self-testing regimes for returning VTL travellers. One key change: supervised ARTs will no longer be needed for arriving VTL travellers. More details:

[JUST IN]: Singapore shortens isolation period for Covid-infected, vaccinated individuals from 10 to 7 days This applies to cases that fall under both protocols 1 and 2, as well as to children below 12. The MTF also caut…

[BREAKING] Community Covid measures: status quo over CNY festive period House visits and reunion dinners at restaurants will continue to be subject to the prevailing five-person limit, the Ministry of Health announced on…

Instagram tests letting creators charge subscriptions "Creators do what they do to make a living and it's important that is predictable," Instagram chief Adam Mosseri said in a video posted on Twitter.

Beijing sends strong policy easing signals, cuts mortgage reference rate for first time in 2 years The People's Bank of China (PBOC), the country's central bank, announced the 1-year loan prime rate (LPR) was cut by 10 b…

Malaysia resumes ticket sales for quarantine-free travel to Singapore Health Minister Khairy Jamaluddin said in a statement said the ticket sales resumption follows a risk evaluation on the current Covid-19 situation in…

Singtel acquires 16.3% stake in Indonesia's Bank Fama International for 500b rupiah The telco said it has acquired 2.4 billion new shares issued by Bank Fama International. The investment is part of Singtel's plans to pu…

Container waiting times approaching new high, says K+N Otto Schacht, executive vice-president of Sea Logistics, told BT: “The situation is not getting any better at all, and that’s despite the fact that Christmas is now…

Pegasus Asia debuts on SGX mainboard at 0.2% above IPO price The special purpose acquisition company (SPAC) saw some 143,900 units changing hands as at 9.14 am. Based on the trading price of S$5.01 at the time, Pegasus's…

Inflation, GST hike key concerns raised at SBF panel discussion on business outlook SBF chief Lam Yi Young, who moderated the panel, noted that companies are concerned about the impact inflationary pressures will have on…

Google forms blockchain group under newly appointed executive Shivakumar Venkataraman, an engineering vice-president for Alphabet’s Google, will become a “founding leader” of Labs, a business division in which Google hou…

Raffles Education hopes to shake off recent controversy with growth in K-12 business Chief executive Chew Hua Seng believes the group's business is on the cusp of 'rejuvenation' as it looks to expand its footprint in the…

Former Caldecott Broadcast Centre to be redeveloped into 15 leasehold GCB plots This will be the first 99-year leasehold GCB site to be launched. The GCB plots will range from 15,070 sq ft to 250,801 sq ft. However, the…