The Business Times

ICYMI: BT correspondent Howie Lim speaks to Victor Wong, senior director, head of UOBAM Sustainability Office, UOB Asset Management, on how ESG investing can make money but greenwashing needs to be top of mind. This epis…

#BTOpinion #HockLockSiew: CapitaLand needs to pull a rabbit out of the hat for Singapore's largest Reit to multiply The pandemic's ongoing disruption of the retail sector has impacted CapitaLand's malls and by extension,…

#BTExclusive: The SGX-Bursa trading link — still a pipe dream or can it finally take off? Malaysia wants to revive the plan three years after it was canned. “We have to...we waited very long,” says Malaysian Finance Mini…

Freehold Orchard condo The Beaumont up for collective sale at S$478m guide price The freehold boutique development consists of 64 units spread across a 5-storey and a 10-storey tower. It is zoned residential with an allo…

HDB resale prices, transaction volumes see continued growth in November: SRX A 5-room DBSS unit at City View @ Boon Keng was sold at nearly S$1.3 million, the highest transacted price for a resale flat in the month. Anot…

VCs still see gold in China startups despite Beijing's tech clampdown "Finding the next Meituan or Pinduoduo will be a lot more challenging." China's tech giants are in rocky waters; some like Alibaba have plunged over 4…

Singapore luxury home sales soar to new high Activity in the posh residential market — specifically, residential units priced above S$10 million — has stayed buoyant this year and even outperformed sales of watches and j…

TUNE IN LIVE: ChildAid 2021 is happening tonight! Book your time, watch it over dinner — this year's ChildAid concert will be streamed live on YouTube (bt.sg/childaid2021) and BT's Facebook page. Organised jointly by The…

Biolidics to start producing new Covid-19 test using A*Star tech by year-end Group chief executive Song Tang Yih said its test "can become a vital tool in assessing vaccine candidates and formulate vaccine deployment str…

Trading in shares of Chinese developer Kaisa suspended: HKEX Kaisa was unlikely to meet its US$400 million offshore debt deadline on Tuesday, a source with direct knowledge of the matter told Reuters. Non-payment by Kais…

Sterling hits new 2021 lows on new Covid restriction reports Against the dollar, the pound slumped 0.5 per cent to its lowest levels since December 2020 at US$1.3162. Versus the euro, the pound weakened 0.7 per cent at 8…

COE cost for smaller cars hits six-year high, premiums in most categories end higher The premium for cars up to 1,600cc and 130bhp ended at S$57,010, a 3.7 per cent increase from S$55,001 at the last tender on Nov 17. Th…

All VTL travellers to Malaysia will have to undergo Covid-19 tests for 6 days Travellers must also ensure that they are fully vaccinated and must undergo RT-PCR tests at least 48 hours prior to their travel dates, replac…

Apple's iPhone 13 production fell 20% in Sept-Oct: Nikkei In October, for the first time in more than a decade, iPhone and iPad assembly was halted for several days due to supply chain constraints and restrictions on the…

BT’s Top Stories from Last Week: 1. Omicron variant slams brake on Singapore VTL expansion, easing of social measures bt.sg/ohdT 2. Boss of Singapore Lamborghini dealership arrested, out on bail bt.sg/ohdq 3. Grab founde…

Mandarin Gardens owners turned nose up at S$3 billion tag; will latest en bloc effort succeed? The mega development, near East Coast Park, formed a collective sale committee on Sunday. Its previous attempt in 2018 came t…

Binance acquires 18% stake in Singapore-regulated Hg Exchange The embattled crypto exchange will acquire the post-money stake, which includes its own investment, via its Singapore arm, Binance Asia Services. This move co…

Pandemic is golden age for billionaire wealth About 2,750 billionaires control 3.5 per cent of the world's wealth, the Paris-based Global Inequality Lab said in a report Tuesday. That's up from 1 per cent in 1995, with t…

Timepiece reseller platform WatchBox raises US$165m for global expansion The US-based watch reseller, owned partly by Singaporeans and which has raked in revenues of US$1 billion since it started in 2017, has raised US$1…

Experts agree with MOH move to stop daily Covid-19 updates to media, as 'they are no longer meaningful' One noted that community infection numbers fluctuate "depending on whether individuals feel inclined to seek medical…

Amazon cloud outage hits major websites, streaming apps The outage knocked out streaming platforms Netflix and Disney+, Robinhood, a wide range of apps and Amazon.com Inc's e-commerce website. Amazon said it was working…

Audits of cooling systems help reduce energy usage and emissions Adopting a payment structure that it calls a "zero capital partnership", Comfort Management collects a cut of the cost savings for a period of time after t…

Crypto.com becomes first fintech company to attain Data Protection Trust Mark It is the first financial technology company to attain the enterprise-wide certification, which recognises companies that have put in place da…

New data shows GSK-Vir drug works against all Omicron mutations The data, yet to be published in a peer-reviewed medical journal, shows that the companies' treatment, sotrovimab, is effective against all 37 identified mu…

PODCAST: In this 108th episode of Money Hacks, correspondent Howie Lim speaks to Evie Zhang, co-founder and CEO of Coinomo about cryptocurrency’s outlook for 2022 and beyond, and also whether non-fungible tokens should f…

Perfect Ten in Bukit Timah to launch for sale at prices starting from S$2.5m Prices start from S$2.5 million for 2-bedders on low floors to S$2.9 million for those on high floors. For 3-bedroom units, the indicative pric…

Slight improvement in Singapore business sentiment for Q1 2022 despite Covid uncertainties: SCCB The Singapore Commercial Credit Bureau's quarterly Business Optimism Index is now at +5.9 percentage points, compared with…

Mixing Pfizer, AstraZ Covid-19 shots with Moderna gives better immune response: UK study If the AstraZeneca-Oxford vaccine is followed by a Moderna or Novavax shot, higher antibodies and T-cell responses were induced ver…

Olam bags US$150m club loan allowing for demerger, IPO of Olam Food Ingredients (OFI) Olam had previously announced that OFI, which was created in early-2020, intends to seek a primary listing on the premium segment of t…

Singapore is top investor in Vietnam for 2nd year running Total foreign direct investments (FDIs) into Vietnam remain sizeable, with the first ten months of this year amounting to US$23.8 billion while Singapore's FDIs i…