The Business Times

ICYMI: Carbon tax changes will come with measures to ease costs for households: Gan Singapore must "right-price resources through the carbon tax", said Minister for Trade and Industry Gan Kim Yong, adding: "The correct p…

Lendlease Reit to acquire remaining interest in Jem mall at S$2.08b agreed property value If the deal goes through, the real estate investment trust (Reit) will come to own a direct 100 per cent stake in Jem, which will,…

#BTOPINION: Consider raising the income cap to allow more to buy HDB BTO flats In the latest #THELEVELGROUND column, BT discusses that buying a first home for a couple who bust the BTO income ceiling has gotten harder ov…

PropertyGuru expects to list in New York by Q1, says CEO In a business update, Hari Krishnan said the company has received approval from the SEC to trade in the US markets. PropertyGuru plans to list via SPAC with Bridge…

Construction firms to lose some relief measures amid green shoots for sector However, the government is reviewing whether the measures relating to the co-sharing of cost increases attributed to foreign work permit holder…

Frasers Hospitality expands to Cambodia with launch of 3 properties The first property — the 88-room Capri by Fraser located in Phnom Penh — will open in Oct 2022. Another Capri by Fraser property located 5 minutes away…

SPH Media Trust to get up to S$180m a year in government funding for next five years Mrs Teo said in the initial years, the ministry expects SMT to spend approximately 40 per cent of the funding on technology investments…

How do we keep our food prices stable? More import sources, local output, stockpiling to manage Singapore food prices, says MoS Low Yen Ling She said Singapore's seafood and vegetables, for instance, come from over 10 so…

HSBC to double some junior banker bonuses in race for talent The lender, which paid less than most rivals a year ago after cutting the bonus pool at its global banking and markets division by 15 per cent, wants to avoid…

Volocopter aims to have electric air taxis in Singapore in 2024 The German firm plans to operate a fleet of 10 to 20 air taxis around the popular tourist destinations of Marina Bay and Sentosa, chief commercial officer C…

Resale condo prices rise for 18th straight month, volumes down 23.8%: SRX, 99.co Flash figures from SRX Property and 99.co showed resale volumes falling for the fifth consecutive month to 1,118 units resold — 23.8 per ce…

MOH working to bring in more non-mRNA Covid-19 vaccines, studying use of Novavax for under-18s From Feb 14, the Novavax vaccine became the first non-mRNA vaccine to be recommended as a booster dose under Singapore's nati…

New Anti-Scam Command, stronger public education to combat rising scams: Desmond Tan As part of enforcement efforts, the Singapore Police Force (SPF) will be forming an Anti-Scam Command this year to consolidate expertis…

Bank SMS scams: Companies urged to sign up for SMS registry, restrain use of SMS Speaking in Parliament, MCI minister Josephine Teo said IMDA may make the SMS registry mandatory so businesses who do not join it will have…

Bank SMS scams: Authorities looking into allowing customers to freeze their own accounts without needing to contact banks to do so Finance Minister Lawrence Wong, who is also deputy chairman of MAS, said a framework on s…

Singapore to unveil sustainable air hub blueprint in early 2023: Iswaran Speaking at the ongoing Singapore Airshow, the minister noted that global aviation contributed about 2 per cent of global emissions before Covid-19…

Row of Club Street shophouses put on market for S$28.5m or S$3,945 psf Savills Singapore associate director for investment sales and capital markets, Sophia Lim, said: "Hardly ever on the market, a standalone island site…

Singapore will continue to develop local, global talent to fill jobs from investments New investments won by the Economic Development Board (EDB) have added some 54,000 jobs in the last 3 years and "the majority of these…

Resident employed households' median monthly work income surpasses pre-Covid levels Median monthly household income from work grew in 2021, with the resident employed households' median climbing 3.6 per cent in nominal t…

Singapore, Indonesia resolve long-standing airspace issue, pave way for future cooperation Under the FIR Agreement, both countries agreed to realign the boundary between the Jakarta FIR and the Singapore FIR to meet Indo…

Do rising rents make Singapore homes ripe for investment? The new cooling measures' effects on rental supply and demand, as well as long-term trends in capital values and yields, are among factors to be contemplated. An…

High material prices to remain a drag on Singapore construction this year: report This means that costs for new construction and renovation projects, both commercial and residential, will remain higher than those experie…

Singapore exploring feasibility of piloted eVTOL trial as it eyes the growing global market The trial is planned for the Greater Southern Waterfront, DPM Heng Swee Keat said, as he shared in a speech at the Singapore Air…

Court grants SPH permission to convene Cuscaden scheme meeting In its bourse filing, SPH also said that the court has also made an order on Monday granting leave for it to withdraw the application to convene the scheme m…

Ng Yu Zhi faces 18 more charges linked to nickel trading scam; total charges now 93 Among the fresh charges are 3 that alleged Ng, 34, spent more than S$43 million of ill-gotten gains to purchase luxury goods, jewellery,…