The Business Times

Credit Suisse hits record low, biggest backer says can't put up more money Credit Suisse shares slid by as much as 10.5% to a new record low, as its largest investor said it could not provide the Swiss bank with more fin…

Heritas, DBS tackle “severe underfunding” of social enterprises with new impact fund The Asia Impact First Fund is expected to provide growth-stage capital to 10 to 15 Asian social enterprises, with cheque sizes of up to…

Facebook-parent Meta to lay off 10,000 employees in second round of job cuts “We expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired,” said CEO…

Wing Tai buys Holland Tower for S$76.3 million Holland Tower was put up for collective sale via public tender in February 2023 and its owners were seeking S$76 million for the property or S$1,739 psf ppr.

SVB collapse puts spotlight on S-Reits’ balance sheets With widespread anticipation of tougher credit conditions, this could be troublesome for Reits – a favoured asset class among investors in Singapore.

New private residential units sold in February up 9.9% from January, but still down 20.3% year on year “Buyers are viewing the marginal increase in buyer’s stamp duty as a wealth tax, and it is not deterring them from bu…

Michelle Yeoh: The crisis that changed my life 8 years ago keeps happening "I’m 60 years old and I just won my first Oscar. I know something about perseverance." You may have heard about Michelle Yeoh and the Oscars, but…

Biotech startup works to close Singapore’s food-waste loop with black soldier flies Larvae digest food waste and excrete nutrient-rich “frass” that can be used as fertiliser. The larvae themselves are harvested and turne…

Coinbase bets on Singapore despite rocky year Crypto exchange Coinbase remains bullish about its prospects in Asia as it embarks on international growth, even as investors lick their wounds from the crypto market plunge.

Singapore’s total employment growth hits record level in 2022 on return of foreign workers Total employment grew by an unprecedented 227,800 last year, reaching 2.9% above its pre-pandemic level in 2019.

Fed seen raising rates by 25 bps next week and in May Expectations shifted abruptly after a bank run triggered the failure of two banks and a dramatic move over the weekend by the Fed and other US regulators.

B2B startups look more attractive in tough climate, but VCs need different skills for this game B2B startups typically have better capital efficiency and are less likely to burn cash to acquire new customers.