The Business Times

Grab versus Goto; can there be more than one? With Grab beating Gojek in market share, is it likely that Gojek might withdraw from Singapore and other markets to retreat back to Indonesia? Puting the data points into per…

China will work to de-escalate war in Ukraine, diplomat says "There's disinformation about China providing military assistance to Russia," ambassador Qin Gang said on CBS's Face the Nation on Sunday. China isn't sending…

#BTOPINION: Reit mergers: Time for regulators to wake up In the latest #MARKTOMARKET, BT writes that MAS, SGX RegCo should critically examine the narratives used to justify Reit mergers as well as the concerns investors…

Indonesia ends quarantine requirement for overseas travelers The government will broaden quarantine-free travel to the rest of the country, while still requiring a negative Covid-19 test result, Tourism Minister Sandiaga…

Hotels aim to have net-zero emissions by 2050; to start tracking emissions in 2023 In addition to emission targets, the industry also hopes that 60 per cent of hotel room stock in the city-state will attain international…

Hong Kong suspends plan for mass mandatory Covid-19 testing Although the current epidemic situation has eased in Hong Kong, the number of confirmed cases is still high and experts agreed that it is not appropriate to inv…

Donations to charity, tax relief claims can soften tax hike for high-income earners That being said, despite the hike, a personal income tax rate of 24 per cent is still competitive, when compared with those in Singapore…

High Point back on market after HK-listed buyer Shun Tak pulled out of deal At S$550 million, this works out to S$2,508 per square foot per plot ratio (psf ppr) after factoring in the 7 per cent bonus gross floor area (G…

Lakeside Apartments to go up for collective sale again at S$240m The asking price is the same as the development's 2019 en bloc launch, although the collective sales committee proposed cutting the property's reserve pric…

#BTTopline: Metro to press on with diversification strategy, cautiously optimistic on outlook You probably know Metro as a departmental store, but for many years it has actually earned much more of its money (now to the…

#BTLifestyle: Calling digitally-savvy global citizens: How about joining a country club in the Cloud? Singaporean startup Figment is building a series of cloud-based country clubs, each with a different country's theme.…

Hong Kong to lift ban on flights from nine countries in April Those on this list were deemed high-risk when the Omicron strain first emerged — they are Australia, Canada, France, India, Nepal, Pakistan, the Philippines,…

[BT INFOGRAPHIC] What Asean trades with Russia Wondering what the impact of ongoing global sanctions on Russia is on Asean's economies? BT's Megan Cheah put together a list of the total exports and imports from and to Ru…

More construction firms set up than wound up despite pandemic Observers who spoke to BT said some of these might be hanging on thanks to government reliefs, but as they are running dry, firm closures may soon start to sp…

How much should you allocate to Bitcoin in your portfolio? For wealth manager and advisor Leonardo Drago, it comes down to two things: 1) the probability of losing your whole investment, and 2) your upside target for the…

At least 144 victims lost S$190,000 this year from latest rental scam: SPF Using spoofed numbers to liaise with the victims, the scammers would use photos, names and licence numbers of legitimate property agents that can…

MCT, MNACT to offer all-cash option of S$1.1949 per unit in proposed merger MNACT and MCT had in December proposed a merger of both Reits, a move that has been criticised by unitholders on both sides and questioned by th…

Gojek to raise fares, introduce temporary 'driver fee' as operating costs spike It will be increasing its trip start fare by S$0.50 for all GoCar trips and S$0.80 on GoCar Premium and GoCar XL services. A flat fee of S$0…

Malaysia truck drivers must show negative Covid-19 test results from March 24 as on-arrival tests end The pre-departure PCR test or ART must be done at an accredited facility in Malaysia within 2 calendar days of departu…

Competition for Asia Pacific real estate assets to intensify in 2022: JLL Sectors they are specifically interested in are those that provide income resilience in stable and mature economies. The top markets that investor…