The Business Times

#BTExplains: Why might MAS buy gold? What's the deal with gold, and why should the Monetary Authority Of Singapore need to buy it to add to our reserves? BT's Kelly Ng dives in to explain why it's important to do so, and…

Woman arrested, S$4.4m seized in Singapore-HK joint op against suspected cross-border pump-and-dump syndicate The simultaneous joint operation by Singapore and Hong Kong securities regulators and police is the first of i…

Increased supply from MND's confirmed-list private housing may not sate developers' appetite Even though the government is upping the supply of homes by about 40 per cent for the next half of the year, some observers say…

Bukit Timah condo project Perfect Ten dangles 5% discount amid cooling measures Its developer CK Asset Holdings decided to offer the discount as a token of appreciation for the support from prospective buyers, and "as a…

#BTOpinion #SenseandCents: Home improvement is largely consumption that generates little return on investment Ever since the pandemic begun, habits changed and people have learned to work, shop and socialise from home, m…

Investors, foreigners, en bloc hopefuls to bear brunt of new property cooling measures These curbs will help improve affordability for first-time homebuyers, prevent affluent buyers from purchasing additional properties…

Work from office capacity may never hit 100% again Victor Mills, chief executive of the Singapore International Chamber of Commerce, said that 50 per cent capacity "is probably about right as I doubt very much we will ev…

Brokerages offering free shares and commission-free trades in tussle for younger investors Syfe's offering will allow users to buy dollar value fractions of any US stock or exchange traded fund (ETF), from as little as U…

Singapore property developers will face 'immense' pressure from higher ABSD: Redas Redas hopes the government will consider giving some leeway in "certain deserving cases". "The property market should be allowed a bit mo…

Six women workers sue Tesla over sexual harassment allegations The six separate new suits filed on Tuesday in a California court alleged that co-workers or supervisors made sexual propositions to the women, graphically c…

MND increases confirmed list private housing supply (including ECs) by 39% but clips reserve list supply The government has decided to increase the supply of private housing on the confirmed list to 2,785 units for the H…

Google says employees will eventually be fired if they do not follow vaccination rules: CNBC A memo circulated by Google's leadership said employees had until Dec 3 to declare their vaccination status and upload document…

#BTOPINION: Winds of change in tax collection in a post-pandemic landscape With tax revenue collection accounting for 73.6 per cent of the Singapore government's operating revenue in 2020, it is no wonder that seeking ne…

Thomson Medical's digital arm in JV to launch telehealth app for women, children The JV between Thomson X (helmed by Lim Wee Kiat, son of billionaire Peter Lim) and WhiteCoat will in 2022 launch a mobile application that…

Government to increase BTO, GLS programme supply together with cooling measures "We will ramp up build-to-order (BTO) supply to launch up to 23,000 flats per year in 2022 and 2023 to meet demand from Singaporean househol…

SGX rolls out mandatory climate reporting for financial, energy issuers from 2023 These sectors have been prioritised for mandatory climate reporting in subsequent years, even as all issuers must provide climate reportin…

How might fresh cooling measures affect Singapore's property market? Late last night, the government announced changes including higher ABSD rates and a tighter TDSR threshold. "The new measures may impact investors more…

Italy bans tourists from Singapore till Jan 31 next year Travellers from countries on the list may enter Italy only for work, health or study reasons, out of absolute urgency or to return to their homes and must self-iso…

Hot stocks: Property plays in the red on new housing cooling measures Shares of Straits Times Index (STI) property developers City Developments Limited (CDL) and UOL dropped as much as 3.6 per cent and 3 per cent respect…

3 more people tested preliminarily positive for Omicron variant The first two cases, a couple that returned from the US on Dec 8, tested PCR positive on Dec 11 and 14. They dined at four restaurants at Ngee Ann City, Pal…

WP leaders issued summons after failing to produce documents requested by privileges committee On Wednesday (Dec 15), the committee said it had, on various occasions between Dec 10 and Dec 14, asked WP chief Pritam Singh…

New cooling measures overturn sanguine outlook for new private home market for 2022 In the first 11 months of the year, developers sold 12,467 new private homes - a “spectacular performance”, one analyst said. This would…

JUST IN: Singapore announces new property cooling measures With effect from 16 December 2021, Additional Buyer’s Stamp Duty (ABSD) rates will be raised, and the Total Debt Servicing Ratio (TDSR) threshold will be tighten…

SIA to replace Boeing freighters with fuel-efficient Airbus A350Fs The A350F can carry a similar volume of freight as the Boeing 747-400F, but burns up to 40 per cent less fuel and features a longer range. These will be…

Uber looking to sell stakes in companies including Didi, CEO says "Our Didi stake we don't believe is strategic. They're a competitor, China is a pretty difficult environment with very little transparency," Uber CEO Dara…

Condo, HDB rents see bump in prices, volume as more VTLs open In terms of volume, condo rentals were 1.8 per cent higher in November to about 4,696 units, from 4,612 units rented in October. Year on year, rental volumes…

A Sports Hub contractor is suing its subcontractor for breaches of contract to the tune of S$14.8 million. Engineering firm Dragages was the main contractor for the design and construction of the Sports Hub. It subcontra…

ComfortDelGro to become UK's second largest coach operator with £8.75m acquisition The deal, which is expected to be completed in end-February next year, will result in ComfortDelGro securing a 11 per cent market share i…

BT’s Top Stories from Last Week: 1. Philips seen as selling last of its Toa Payoh properties bt.sg/o8gn 2. Why the affluent are setting up family offices in Singapore bt.sg/ouRQ 3. En bloc die-hard Peace Centre finally n…

Singapore government redeveloping Alexandra site to add about 1,500 HDB flats The plot, located in the mature Bukit Merah estate, is near the Alexandra Park Connector and also 400 metres from Redhill MRT station, and wil…