The Business Times

🎙 PODCAST: Uncompleted new homes can cost much more than completed older units in the vicinity. Are the premiums justified? Senior Correspondent Leslie Yee weighs the pros and cons of buying such homes. #btpodcasts #pro…

Meta’s spiralling rout puts it on brink of losing top 20 status Meta, which was the sixth biggest US company by market capitalisation at the start of the year, will now be smaller than companies including Chevron and Pro…

Sembcorp Marine to buy Keppel O&M directly for S$4.5b under revised terms This revised deal is S$378 million lower than if the one-for-one share exchange option was pursued, as Keppel O&M had been valued at S$4.87 billio…

Credit Suisse plans job cuts as part of make-or-break overhaul; some Singapore jobs affected It will cut 2,700 jobs or 5% of its workforce by the end of this year. Singapore will also see some layoffs, with the cuts to c…

Growth-stage startup funding slows in Singapore; early-stage deals buoy overall investments Four unicorns have been minted in Singapore this year, fewer than the 11 produced last year.

Orchard Road ‘well on the road’ to return to pre-pandemic tourism levels, hopefully by 2023: ORBA 🎄Christmas light-up is back! With full-scaled programming and new augmented reality (AR) experiences, it marks the first…

Yield on 6-month Treasury bill at decades-high of 4.19% in latest auction The risk-free fixed income instrument last reached 4% in 1989 after peaking at 4.73% in 1988.

📊October 27 results round-up: 1. Far East Hospitality Trust’s distributable income rises 12% in Q3 2. Mapletree Industrial Trust posts 3.2% decline in DPU for Q2 2022 3. Keppel DC Reit’s Q3 DPU up 5% to S$0.02585 4. iFa…

Two-thirds of local firms financially resilient, but not productive or innovative: MAS Less than 1% of firms displayed all three attributes.

Singapore’s growth to slow ‘below trend’ in 2023, dragged down by external-facing sectors: MAS The global economy is in a “precarious” state with growth weakening even as inflation stays high, in a divergence that is exp…

Singapore’s inflation to slow but stay high in 2023 as firms pass on costs: MAS “With inflation anticipated to be strong this year, growth in average resident real wages is projected to be positive, but modest," MAS said…

Singapore banks to deliver solid Q3 earnings as rate hikes finally take hold: analysts Many analysts have maintained their “buy” calls on the three banks, on higher absolute dividends for FY2022.

Singapore’s financial sector has a road map for success Singapore stands out as a regional treasury centre of choice for global businesses, with its well-developed digital and physical infrastructure and a stable socio-e…

SIA may resume dividend payout this fiscal year, redeem 2021 bonds One analyst expects SIA to resume its dividend payments from FY2023 and estimates the stock would have a dividend yield of 5.6%.