The Business Times

🎧 BT Future of Finance: Delivering on customer demands (Ep 5) What are the challenges the wealth management space is facing and what is the future of banking in 2023 and beyond? For more insights, we speak to Brendan Ca…

Credit Suisse weighs 50% cut to bonus pool after turbulent year The bank is considering cutting the bonus pool for 2022 by about half, capping a grim year in which it was forced to raise US$4 billion after a string of lo…

Seven in 10 Singapore fund managers see 10-20% upside to Asian equities in 2023 Fund managers see China’s relaxation of its restrictive Covid-19 policy after three years as “the light in the otherwise gloomy 2023 marked…

BCA expects S$27-32b in Singapore construction demand; analysts positive on local companies The Building and Construction Authority expects 60% of construction demand to come from the public sector as the Housing Develop…

No setback for Singapore’s plans to import clean energy as sun sets on Sun Cable: EMA Besides the Sun Cable proposal, the Energy Market Authority has received "more than 20 proposals to import electricity from countries…

Twitter tells Asia HQ staff to clear desks, work from home Twitter staff were informed via email on Wednesday (Jan 11) that they had until 5.00 pm to leave the CapitaGreen building and resume their duties remotely from T…

PropNex calls for ABSD rule tweaks for upgraders, more OCR land in Budget 2023 PropNex is suggesting “some form of contractual undertaking” to ensure that the private home buyers sell their HDB flats within six months fr…

Six former Keppel O&M staff issued stern warnings for bribery-related offences The offences relate to bribe payments to officials of Brazilian state owned corporation Petróleo Brasileiro (Petrobras).

John Lee vows ‘fast’ return to normalcy for Hong Kong as Asian Financial Forum kicks off Hong Kong chief executive John Lee says Hong Kong will resume normalcy "fast" and in a "safe and orderly manner".

South Korea’s Kakao Entertainment secures 1.2t won investment from sovereign wealth funds Singapore’s GIC and Saudi Arabia’s Public Investment Fund decided to each invest 600 billion won in the entertainment firm, local…

Asset prices falls may lay bare rot in crypto, commodities sectors in South-east Asia “I’d be very surprised if we went through 2023 without there being more crises, scandals and collapses in the crypto sphere,” said an…

BlackRock plans to cut 500 jobs in first retrenchment since 2019 The world’s biggest asset manager plans to cut roughly 2.5% of its global workforce after grappling with sharp declines last year in equity and bond market…