The Business Times

BCA expects 2022 construction demand between S$27b and S$32b, supported by public sector projects Some 60 per cent of the total construction demand, contributing between S$16 billion and S$19 billion, will likely be from…

Riyadh and Bangkok restore ties, decades after gem theft Thai-born janitor Kriangkrai Techamong stole US$20 million worth of precious gems in 1989 from the home of a Saudi prince, triggering a feud between the countries…

Thailand set to tax cryptos, stock trading to cut budget gap Thailand is seeking new sources of revenue to finance Covid stimulus measures and cut reliance on borrowing as South-east Asia's second-largest economy continu…

Airfreight rates ease from peaks but remain elevated amid passenger flight cancellations For co-founder and chief executive officer of Quincus Jonathan Savoir, this is a sign of freight demand stabilising, as people have…

Oil rises on concerns global political risks could tighten supplies Ukraine-Russia tensions, threats to infrastructure in the United Arab Emirates and struggles by Opec+ to hit its targeted monthly output increase are so…

Singapore scored above-target S$11.8b in fixed asset investment commitments in 2021 This was down from the previous year's decade-long high of S$17.2 billion, but still above the EDB's medium- to long-term target range o…

Banks push back against China's plan to curb foreign IPOs They say the draft rules are ambiguous and will expand Beijing's regulatory reach outside the nation's borders, while also driving up costs and stymieing dealmaki…

BT’s Top Stories from Last Week: 1. Fullerton Health could turn to courts for rescue as woes mount and white knight seems elusive bt.sg/JsiB 2. Recruiters say 'no amount of money' can lure bankers to Hong Kong bt.sg/JPNh…

Una Brand acquires Singapore consumer brands ErgoTune and EverDesk+ The two ergonomic furniture brands were fully acquired for an undisclosed eight-figure sum. This all-cash transaction is one of largest for a direct-to-…

OCBC, UOB see higher requests for physical tokens in January UOB said it is seeing a daily average of 15 enquiries for physical tokens over the last few days, up from a daily average of 10 at the start of January. OCBC h…

Thailand clears final hurdle in allowing wider use of marijuana Thailand's Narcotics Control Board agreed to remove marijuana from the country's list of controlled substances, paving the way for the decriminalisation and…

UOB injects 2b yuan in China subsidiary Tapping on the demand for Chinese companies to expand to Asean and vice versa, UOB China plans to establish and expand client relations in sectors that are strong drivers of China'…

#BTOpinion: Developers show restraint in latest GLS tender, despite shrinking unsold inventory In today's #HockLockSiew, BT's Kalpana Rashiwala posits that when the dust settles and home buyers return to the market with…

Singapore tourism sector keeps up domestic market focus in 'twin approach' to recovery That's as the tourism sector was supported in 2021 by the domestic market, which STB CEO Keith Tan said goes beyond the SingapoRedisc…

ESR-Reit, ALog Trust object to proxy advisors' criticism of process in proposed merger "We know that there has been quite a lot of focus around our process," Karen Lee, chief executive of ALog Trust's manager said. "I ne…

[RECAP: MAS's surprise off-cycle move to tighten its monetary policy and allow greater Singapore dollar appreciation] If you missed the big announcement on Tuesday coming from MAS, catch up on and sink your teeth into BT…

Putting ESG at the heart of the real estate business ESR, the largest sponsor and manager of Reits in Asia-Pacific, is aiming for a 50% increase in solar power generation and a 20% reduction in group-wide energy consumpt…

Looking back at inflation in 2021 Inflation was already seen as a major concern going into 2022, with Singapore’s headline inflation rising faster than expected to 4 per cent in December. Here’s an interactive graphic th…

China's Tencent fires 70 staff, blacklists 13 firms in anti-graft campaign As the Chinese government has intensified a crackdown on corruption in recent years, tech companies have doubled down on their own investigations…