The Business Times

Prime public housing subject to 6% clawback upon resale; 960 such flats in Rochor among 4,501 BTO flats launched Owners of these Rochor flats will pay 6 per cent of the resale price or valuation, whichever is higher, to…

Government will not focus on taxing individuals based on their net wealth: Lawrence Wong "Whatever enhancements we do, we want to make sure that it doesn't undermine our competitiveness and the tax can be efficiently col…

BT’s Top Stories from Last Week: 1. Singapore-Malaysia VTL starts Nov 29; businesses look to reopening of land links bt.sg/oUGe 2. Prime public housing model may include areas beyond waterfront, city centre: Indranee bt.…

Residential sites at Hillview Terrace to be launched for sale on Nov 18 One of the land plots up for sale is currently occupied by 11 factory units, and can potentially yield as many as 141 new residential units subject…

Singapore is on a timer to decarbonise power sector The Republic, a net energy importer, is pressed for land and resources, so it needs to play a different role in the region's energy sector and the green transition. bt.…

October exports surge 17.9% to race past forecasts; global chip demand a driving force Singapore's non-oil domestic exports last month continued an 11-month growth streak, on the back of robust global semiconductor deman…

Catching you up on the battle for SPH's non-media businesses this morning: Rival bidder Cuscaden Peak said in a statement on Tuesday evening that the scheme meetings where SPH shareholders will vote for or against each o…

Temasek slashes stakes in Alibaba and Didi, exits Baidu amid crackdown by Beijing It cut 16 per cent of its stake in e-commerce giant Alibaba and 11 per cent of its shares in ride-hailing service Didi, according to a 13F…

#BTOpinion #HockLockSiew: Valuation metrics favoured by digital economy firms going public need a long, hard look Our startup writer Claudia Chong opines that as more tech companies head for the public markets with their…

Asean workers could get some of the world's biggest salary hikes in 2022: report The survey, conducted by an employee services firm, projects that Vietnam will see a real salary increase of 4.2 per cent, beating both mai…

F&B sector continues to see brisk entries despite challenges Entries to the sector have outpaced exits this and last year, but economists warn that takings have fallen and the field is getting crowded, chipping away at p…

Grab services disrupted in Singapore and other key South-east Asian markets Some ride-hailing drivers and delivery riders said their jobs were cancelled abruptly, with one adding that the disruption had taken away half t…

Keppel says offer for SPH firm and irrevocable, provides shortest time to pay-out In a statement responding to the most recent competing Cuscaden bid, Keppel said it has also already obtained necessary regulatory approva…

PODCAST: This week's 107th episode of Money Hacks, BT correspondent Howie Lim speaks to Victor Wong, senior director, head of UOBAM Sustainability Office, UOB Asset Management about how ESG investing can make money but g…

What to do with a multi-million dollar mega-mansion? Ask F1 heiress Petra Ecclestone Formula 1 heiress and her fiance are going to help rich people buy, sell, staff and decorate their homes. bt.sg/oUUt

[JUST IN] VTLs extended to another 5 countries: Indonesia, India, Qatar, Saudi Arabia, UAE Vaccinated travel passes (VTPs) for short-term visitors and long-term pass holders will be open for application for travelling fr…

[JUST IN] Bigger headcounts, easier rules allowed for Mice events as pilot scheme starts this week The concessions will be made for events where all participants are fully vaccinated and are found to be negative for Covi…

[JUST IN] Fully-vaccinated same-household groups of up to 5 can soon dine at hawker centres, coffeeshops with checks in place For dine-in of up to five individuals from the same household, the list of acceptable document…

OPINION: Reits may not be best vehicles to hold prime Singapore office assets Wealthy families or institutions may desire more control over the underlying property through direct ownership due to greater flexibility in b…

Still picking stocks? The move towards passive investments via ETFs is finally being accepted by Asian investors. In two decades the universe of ETFs has grown tremendously, from less than US$100 billion to over US$7.7 t…

Impact on China-linked ETF flows muted despite fears over Evergrande fallout ETF products tracking China stocks have underperformed because markets are down, but this has also drawn some investors looking for bargains. b…

Temasek proposes 5-year Singapore dollar bonds of up to S$350m The T2026-S$ Temasek Bond is expected to comprise up to S$350 million in aggregate principal amount of 5-year guaranteed notes that will mature in 2026, with…

COMMENTARY: Retail investors would benefit from more funds, perpetuals being classified as EIPs by MAS Investors who declare themselves to be aggressive and knowledgeable - and consequently gain access to a wider range o…

Supermarket stocks may lose some shine in Covid endemic phase Some see food stores as low risk, safe investment havens, offering strong income returns in longer term. But as Covid-related restrictions are lifted, will ex…

Interest rates heading north; Singapore to feel full impact in 2023 Brokers say some banks have already raised 3-year fixed rates by 5-10 basis points in October, up from an all-time low in September bt.sg/oUUu

[JUST IN] Cuscaden raises SPH bid to S$2.36 all cash, or S$2.40 in cash and SPH Reit units Independent directors of SPH, which publishes The Business Times, have preliminarily recommended that shareholders vote against t…

If you sell 'Oaxaca in a bottle', what happens to Oaxaca? "You cannot buy tradition, and that's what people who are getting into the mezcal business today are trying to do," Bricia Lopez, a Oaxaca native said. "They're t…

More hype than flair at North Miznon The new Israeli eatery is more about the buzz it generates than the food itself. #btlifestyle bt.sg/oUZ8

Watch the countdown to Christmas on Orchard Road Tudor's festive projection mapping display aims to spread festive cheer amid the new normal. #btlifestyle bt.sg/oUZX

Holiday house hunting The pandemic is seeing demand for resort homes in the mountains and by the coast. #btlifestyle bt.sg/oUZB