The Business Times

OCBC raises interest rates on 360 account; up to 4.05% a year on first S$100k OCBC will also reinstate the bonus interest category for credit card spending. Account holders who spend at least S$500 each month on the OCBC…

Bitcoin hovers around US$20,000 as hawkish Fed weighs on crypto “Now that Powell has come out standing firm on inflation, the probability of a crypto crash has increased significantly,” says a market watcher.

US firms’ confidence in China falls to record low on Covid Zero policy, political tensions Only 51% of respondents expressed some degree of optimism about their 5-year business outlook in China, well down from 69% last y…

China’s largest developer posts record 96% profit slump Country Garden had earlier warned that earnings would tumble, underscoring how the sector’s woes have spread to developers once considered to be relatively safe.

Temasek, HSBC launch infrastructure debt financing company with US$150m equity commitment Founded by Temasek and HSBC, Pentagreen aims to deploy “blended finance at scale over time” to accelerate the development of susta…

Malaysia to allow limited chicken exports as local supplies ease Malaysia is among the region’s major poultry exporters, and supplied about a third of Singapore’s chicken demand last year.

#BTOpinion: Grab signals profit focus with cost cuts, but softer demand for deliveries is worrying Grab faces the challenging task of showing investors that it can walk the tightrope between growth and profitability

Malaysia inflation rate surges to 4.4% in July, in line with economists’ forecasts Higher food prices continue to fuel Malaysia's inflation with the country's consumer price index climbing 4.4% in July, the highest since…

Close to 5,000 BTO flats launched in August including 2 prime projects The Bukit Merah Prime Location Housing (PLH) projects comprise Alexandra Vale and Havelock Hillside, where prices excluding grants start from S$370,0…

#BTOpinion: With One Pass, it’s less about giving firms access to talent, but more about attracting them It is not an incentive programme that offers perks or rewards, or a gateway to permanent residency, unlike some oth…

Recent physical AGMs draw low attendance; preference for hybrid, electronic meetings In a survey, about 79% of shareholders were most keen on the hybrid AGM formats, citing better engagement and greater transparency.

Indonesia's tech firm GoTo buys local crypto exchange for US$8.4 million “We believe that blockchain technology may play a mainstream role in the future of finance,” GoTo said.

#BTOpinion: Be alert to Reits using leverage and paying fees in units to prop up distribution per unit Some Reits that trade below book value may offer superior value to buying physical properties and thus merit serious…