The Business Times

SAVE THIS AND SEND IT TO YOUR RELATIVES/FRIENDS: The OCBC SMS phishing scam has emerged in a wide range of different types of messages that appear to come from "OCBC", sometimes nested with real SMSes from the bank. Here…

Goldman leads Wall Street rainmakers in record dealmaking Goldman's dominance comes as global M&A and related deals surpassed US$5 trillion in volume for the first time. The bank advised on more than US$1 trillion worth…

#BTOpinion: A GST hike in 2022 would imply hope, more than fear BT assistant news editor Janice Heng posits that the implementation of the 2-percentage-point GST hike in 2022, as suggested in PM Lee's New Year message, c…

[JUST IN]: Singapore’s GDP to grow 3-5% in 2022, says PM Lee as he outlines reasons for coming GST hike In his New Year's Day message to Singaporeans, he explained that the government will need “reliable and adequate” re…

The unsung winners and biggest losers of China's rocky markets in 2021 Jolted by Beijing's regulatory onslaught, education names such as Gaotu Techedu and property developers like China Evergrande Group are at the bottom…

Philippines' Duterte signs 5 trillion pesos budget for 2022 The national budget, 11.5 per cent bigger than this year's spending plan, is Duterte's last before his single, 6-year term ends in June. It includes capital out…

Asti clarifies circumstances surrounding retrenched CEO's S$1.4m entitlement In response to questions from accounting professor Mak Yuen Teen about why the S$1.4 million in retrenchment benefits given to outgoing CEO Mic…

#BRUNCH: Take my money, please! In this final instalment of our weekend longread features for the year, BT's Olivia Poh dives into the phenomenon of small-group investor squads, a way for people on the fringe of South-ea…

#Outlook2022: New private home sales to ease in 2022 on cooling measures, fewer launches Genuine home buyers, such as first-time buyers who are the least impacted by the fresh raft of curbs, are seen driving the market n…

Nearly 470 people lose at least S$8.5m in phishing scams involving OCBC Police said most of the amount was lost over the past 2 weeks. Over the Christmas weekend alone, OCBC said 186 customers lost about S$2.7 million. H…

CapitaLand Development in JV to develop 1.5b yuan business park in Suzhou New District It will start construction next year and is expected to complete in 2024, and will feature multi-tenanted buildings with provisions f…

[JUST IN] Mapletree Commercial Trust, Mapletree North Asia Commercial Trust propose merger If it goes through, the merged entity, to be named Mapletree Pan Asia Commercial Trust (MPACT), will have a theoretical market ca…

Top 10 news events that made headlines in Singapore in 2021 It's New Year's Eve — where on earth did this year fly to? Take a quick glimpse down 2021 with The Business Times, as we bring you through the top 10 news event…

Utracon makes effort to reduce carbon emissions Khoo Jyh Hao fascination for bridges is what led him to his first job at Utracon Overseas. Now as the director, he hopes the company's efforts on construction sustainabilit…

KinderWorld forges ahead with grit and perseverance Its founders never gave up despite facing many setbacks, and today, it has grown to be the largest owner of foreign owned international schools in Vietnam. bt.sg/JwjU

Samsung, Micron warn Xi'an lockdown could affect memory chip manufacturing The two firms are among the world's largest memory chipmakers. Micron said the stringent restrictions in Xi'an have resulted in thinner staffing…

#BTOpinion: Does the recent plunge in Sea's share price present a buying opportunity? In today's #HockLockSiew, BT's Raphael Lim digs into why Sea's stock is currently down more than 40 per cent from its mid-October high…

Hong Kong's last major pro-democracy news outlet shuts The move came hours after more than 200 police raided the outlet's newsroom, froze some HK$61 million (S$10.6 million) of assets and arrested 7 people connected to i…

Singapore's electricity, gas tariffs to rise in Q1 2022 The electricity tariff for households will increase to S$0.2544 per kWh from S$0.2411 previously, which translates to an average monthly electricity bill hike of S$…

Data centre, logistics boom could further whet investor appetite Fast-growth markets in South-east Asia, China and India could woo further interest, "especially as asset owners look further afield to find attractively pr…

Bukalapak CEO Rachmat Kaimuddin resigns, interim appointed The Indonesian unicorn said it received Kaimuddin's resignation letter on Tuesday (Dec 28) after two years with the company. It was reported that he has taken a…

Chinese professor lands US$3.4b fortune with SenseTime IPO SenseTime founder Tang Xiao'ou, 53, a Massachusetts Institute of Technology graduate and information engineering professor at the Chinese University of Hong Kong…

Alibaba exploring options for Weibo stake with state firm The discussions between the technology giant and Shanghai Media Group could lead to the latter purchasing all of Alibaba's stake in Weibo, the people said, asking…

World hits record number of Covid cases in a week; more than 935,000 cases each day With 6,550,000 cases recorded between 22 December and 28 December — or an average of 935,863 a day — the virus is spreading at unprecede…

Finance Minister Lawrence Wong to deliver Singapore Budget on Feb 18 This will be the first time Wong is delivering the Budget statement in Parliament as Finance Minister. Details:

China warns of 'drastic measures' if Taiwan provokes on independence China was willing to try its utmost to seek peaceful reunification with Taiwan but would act if any red lines on independence were crossed, Ma Xiaoguan…

Maritime sector gets extended support amid prevailing travel restrictions, border control measures The latest extension of the MaritimeSG Together Package will provide continued support for the regional ferry services se…

Thailand warns of spike in Covid-19 cases after 'super-spreader' event The Omicron cluster identified in the northeastern province of Kalasin on Christmas eve has been linked to a couple who had travelled from Belgium an…

Singapore, China ink 14 pacts to step up cooperation, including an ETF product link The meeting reviewed bilateral cooperation areas such as the Belt and Road Initiative (BRI), trade, finance, sustainability, innovation…