The Business Times

Middle East feels the pinch of rising food prices As Ramadan nears, prices of staples have surged across the region, thanks to global supply chain snarls and the war between Russia and Ukraine.

Frasers Property Retail to set up EV charging stations at 12 malls The initiative will be rolled out in 2 phases - the first being 27 EV charging points across 8 malls to be completed by September 2022. In Punggol, Charg…

PODCAST: In the 12th episode of WealthBT, wealth editor Genevieve Cua talks about what sustainable healthcare really means and why the social factor in terms of ESG is so important as an investor. Nathalie Flury, co-head…

Sea's e-commerce arm Shopee to shut down India operations After India banned Sea's popular gaming app Free Fire, the market value of the New York-listed South-east Asian firm dropped by US$16 billion in a single day, lea…

HDB launches pilot project to harvest rainwater in existing Yishun, Jurong estates Its rainwater harvesting capability and water detention capacity allows for a single UWHS to harvest from and dispense water to as many a…

#BTOpinion: Mapletree's support for MCT-MNACT merger may raise expectations of other Reit sponsors In this week's #Mark2Market, BT's Ben Paul notes that Mapletree Investments' move to stump up as much as S$2.2 billion in…

Singapore ranks third for most expensive flexible office space globally: Workthere The average cost of private office desk space in Singapore is US$834 a month, according to a statement from Workthere, a flexible office…

Telok Blangah House in Harbourfront up for collective sale with S$98m guide price The 9-storey property is located in Harbourfront, directly across shopping mall VivoCity and just at the gateway of Sentosa Island. It com…

ComfortDelGro to temporarily increase taxi fares on spike in fuel prices From April 4, for regular taxis, distance-timed rates will rise by 1 cent every 400m (or every 350m after 10km) and waiting-time fees will go up by…

Bumper dividends from pandemic winners in FY21 Analysts said the solid payout numbers are a reflection of improving financial performance, and they expect dividends for FY22 to be even stronger. BT's Raphael Lim dives in…

Ukraine says Russia wants to split nation, calls for more arms from West A local leader in the self-proclaimed Luhansk People's Republic said on Sunday that the region could soon hold a referendum on joining Russia, just…

Ng Yu Zhi slapped with 12 new charges from nickel trading fraud; total charges now at 105 Among the fresh charges, Ng was charged with receiving S$110.3 million in his personal bank accounts from Envy Asset Management, w…

Will Smith strikes Chris Rock in viral Oscars moment Rock had cracked a joke comparing Jada Pinkett Smith's tightly cropped hair to Demi Moore's appearance in the film G.I. Jane and suggesting she appear in a sequel. Wha…

Russian tankers going dark raises flags on sanctions evasion In the week ended Mar 25, there were at least 33 occurrences of so-called "dark activity" — operating while on-board systems to transmit their locations are tu…

Shanghai locks down half the city to nail growing Covid outbreak At 5.00 am on Monday (Mar 28), the city of 25 million people locked down areas east of the Huangpu River, which includes its financial district and industr…

Grab-Singtel among favourites to bag Malaysia's first digital banking licences A total of 29 consortiums submitted applications to Bank Negara in June 2020 to compete for 5 digital banking licences, which are expected to…

Elon Musk giving 'serious thought' to building a new social media platform Musk was responding to a Twitter user's question on whether he would consider building a social media platform consisting of an open source algor…

Temasek said to be pushing for removal of Bayer CEO Baumann The Singapore state investor has communicated its displeasure about current leadership to the company and supervisory board chairman Norbert Winkeljohann, sourc…

Foreign worker levy rebate for construction, marine shipyard sectors extended till June MOM and MND announced that the Foreign Worker Levy (FWL) rebate for work permit holders will be extended for another 3 months — at S…