The Business Times

#ICYMI: Customers from 8 major banks can now set up GIRO payments online within minutes A new nationwide electronic GIRO (eGIRO) service that fully digitalises the current paper-based process now allows setting up GIRO a…

#BTOpinion: Will COP complicate China’s soft power deficit problem? Our contributor posits that the flak China has been receiving at #COP26 is worsening its already-negatively-viewed global position, after polls found it…

Ho Bee Land names new CEO, redesignates Chua Thian Poh as executive chairman The Singaporean billionaire founder of Ho Bee Land is handing over the reins to his son Nicholas Chua, who currently occupies the position of D…

OPINION: Can former 5-year extensions save us from soaring COE prices in 2022? Our automotive correspondent explains the mechanics of what drives the COE supply, and explores the possibility of half-renewals by "cheapska…

Opinion: Pandemic fallout blunts textbook policy of raising land supply to curb rising home prices It is wise to calibrate increasing Government Land Sales sites for private homes. The reason? Covid-19 and construction c…

Bitcoin hits new record as crypto market cap exceeds US$3t Bitcoin and ether made record peaks in the Asia session on Tuesday as enthusiasm for cryptocurrency adoption and fears about inflation leant support to the asset…

COMMENTARY: SingPost's e-commerce, logistics units show promise, but challenges remain The big question is whether the group's earnings from e-commerce logistics will keep rising as competition intensifies and sea freigh…

Open Labs launches US$100m fund to grow high-potential SMEs in Indonesia Latest data from Indonesia's Ministry of Trade show that the country has more than 64 million micro SMEs that, in total, account for around 61 per…

PODCAST: In this 13th episode of the Mark To Market podcast, BT's senior correspondent Ben Paul delves into the issue of why Reit mergers have drawn controversy; what’s driving these deals; and how investors can protect…

JUST IN: Several Asean countries have been promoted to Category 2 for inbound travel, while more countries have been added to Singapore's VTL list. More details:

JUST IN: From Dec. 8, Individuals who choose to remain unvaccinated (without valid medical reason) will have to pay for their medical treatment in the event they contract Covid-19. Story here:

JUST IN: Dining-in will be allowed for up to 5 fully-vaccinated individuals from the same household (including children under 12) starting Nov. 10, alongside other measures being relaxed. Here's a summary of some of the…

Consumers see banks jazz up loyalty rewards, travel deals for endemic era What does the new normal entail for consumers? More rewards redemption options, air miles that never expire, and travel deals that include PCR tes…

Thomson View up for collective sale again with S$950m reserve price The 99-year leasehold property will be the largest residential site by price quantum to be launched for collective sale this year, according to its mark…

Twitter votes Elon Musk should sell 10% of Tesla stock Musk ran a poll among his 62-million-plus followers, claiming he was "prepared to accept either outcome", after US Congressional Democrats proposed to tax the wealth…

#HotStocks: Aviation, tourism-linked counters rise amid global gains, Covid-19 pill optimism Singapore Airlines, SIA Engineering, SATS and Genting all saw jumps on Monday morning on the back of global gains as well as th…

Hot pot chain Haidilao to close or suspend 300 stores by year-end In an exchange filing, the company said that some restaurants will be temporarily closed for no more than 2 years, and resume operation "in appropriate ti…

Singapore sets aside an additional S$180m for AI research; launches two new AI programmes This money, said Finance Minister and DPM Heng Swee Keat, will go toward new applications for AI as well as its use for extracting…

Vibrant Italian fun fare at Osteria BBR The revamped Alain Ducasse eatery offers accessible Mediterranean cooking with some luxe touches. #btlifestyle bt.sg/o3mx

ICYMI: Shopback to acquire BNPL player hoolah ShopBack will extend hoolah's BNPL offering to over 8,000 merchants on its platform. #bnpl #btgarage bt.sg/o3qv Stay updated through the Garage weekly newsletter: bt.sg/getem…

ICYMI - Singapore defence investments arm backs decade-old university project BeeX has developed an autonomous underwater vehicle. #autonomousvehicle #btgarage bt.sg/o3fG Stay updated through the Garage weekly newsletter…

Turning ideas into reality From 4,110 submissions, 259 Red Dot awards were given, 60 named Best of the best, out of which one was given the Luminary award. #btlifestyle bt.sg/o3mN

ICYMI - COMMENTARY: Grab's IPO valuation may hinge on its buy now, pay later ambitions The shine of the ride-hailing and delivery business has dulled. #grab #btgarage bt.sg/o3pu Stay updated through the Garage weekly new…

NFTs in Singapore: hotter than ever Businesses big and small are pivoting towards non-fungible tokens. #btlifestyle bt.sg/o3mp

#BTExclusive: Penthouse at Les Maisons Nassim sells for S$75 million Based on known transactions in the past 20 years, the latest purchase "could well be the priciest penthouse ever sold in Singapore".

[JUST IN] Wong Ngit Liong to step down as CEO of Venture, but remain executive chairman The company said that as chairman, Wong will continue to provide stewardship and strategic direction to the board, while remaining "…

Jack Ma, Trump and Xi: How one Chinese billionaire flew too close to the sun This was supposed to be Jack Ma's finest hour: a year ago to the day, his Ant Group was meant to go public in a US$37 billion blaze of glory. I…

DBS plans to open crypto exchange to retail market; Q3 profit up 31% The DBS Digital Exchange has seen "very encouraging" performance in the past few months since it started operating round-the-clock in August, and now h…

Singapore retail sales rise 6.6% in September, reversing dip in August This growth was led by the computer and telco industry, which recorded higher sales of mobile phones from new product launches. These accounted for m…