The Business Times

LVMH rides luxury spending boom as Louis Vuitton, Dior tempt big spenders On top of booming sales in Asia, LVMH singled out the United States as its best-performing single country for sales, accounting for 26 per cent of…

#BTLuxe: Luxurious last-minute CNY celebration options From blooms to takeaway reunion dinners and even exquisite gift hampers for your elders or particularly special clients, check out these unique offerings from the Ra…

High employment but lower salaries for degree holders in Covid-19 years: MOM The median income of full-time employed degree holders fell, "pulled down by lower bonuses amid the more uncertain economic climate", according…

More own account workers in 2021, even as share of self-employed fell: MOM Own account workers are self-employed persons who are not either employers or family workers. But the overall share of self-employed workers fell…

#Brunch: The buzz in booze-free beverages Have you been consciously going for zero- or low-alcohol content drinks lately? Brewers and retailers are discovering a new growth in demand for these options, and BT’s Claudia T…

US Fed's hawkish roadmap sets the path for peers in recovering Asia Singapore shocked markets Tuesday with a surprise tightening, with more expected in April. Hong Kong, which pegs the local dollar to the greenback, said…

London is top global finance centre but beaten by Singapore in access to talent: study The study, which added Paris this year, looked at 5 areas such as digital skills, regulation and talent. While London remains top ove…

New data centres in Singapore to meet higher standards when moratorium lifts in Q2 2022 Applicants will also need to include their innovation and sustainability solutions. Those that have built and operated data centres…

Koufu privatisation offer turns unconditional, crosses threshold for compulsory acquisition It was previously said that delisting Koufu from the SGX mainboard will give the offeror and the company greater control and man…

Keppel FY21 profit hits 6-year high of S$1b, unveils S$500m share buyback programme Keppel’s chief executive Loh Chin Hua stressed that the company is “sharpening (its) focus and accelerating transformation to be one int…

Alpina Holdings debuts on Catalist at S$0.32, 3.2% above IPO price In a bourse filing on Thursday, Alpina announced that 37 million placement shares offered were fully subscribed. Notable subscribers of the shares includ…

AirAsia changes name to Capital A as it grows beyond an airline "Over the past two years we have spent the downturn in flying building a solid foundation for a viable and successful future, which is not solely reliant on…

Bank of America considers moving staff from Hong Kong to Singapore: source The Chinese territory’s strict zero Covid approach is forcing businesses to review their operations, the Financial Times reported.

VIDEO: What does a tightened monetary policy mean for Singapore? In a move that caught analysts and economists off guard, the MAS has tightened monetary policy ahead of its usual April meeting. What does this mean for th…

SoftBank COO leaves after clashing with Masayoshi Son over pay 51-year-old Marcelo Claure agreed to sell a majority stake in his cellphone distributor to SoftBank in 2013, becoming one of Son’s top lieutenants and a bill…

➡️ 🗓At a glance: 2022 Public Holidays in Singapore With the Chinese New Year week upon us soon, it's time to start planning your leave allocations for the year (if you haven't already by now). Here's a handy list for yo…

Singapore's retail rents edge up 0.6% in Q4 but down 6.8% in 2021 URA's fourth-quarter data also showed that prices of retail space in the central region increased 1.9 per cent in Q4 2021, after remaining flat in Q3. For…

Singapore's Q4 total employment rebounds, 2021 unemployment falls across the board MOM said part of the increase in resident employment reflects seasonal hiring due to the year-end peak period in food and beverage servic…

Singapore industrial space rents, prices up in Q4 2021, fewer spaces completed: JTC The total available industrial space area added in Q4 was just 5 per cent of the amount added in Q3, and and even tinier 1.5 per cent of…

Singapore non-landed private home prices jump 5.3% in Q4; overall rents up 2.6% Half of the 10 best-selling projects last year are located in the suburbs or Outside Central Region. The Core Central Region also saw its st…

SMEs in expansionary mode for 4 straight quarters: OCBC According to the OCBC SME Index, the Q4 2021 Index came in at 52.6, marking 4 consecutive quarters of expansion. A reading above 50 indicates improved activity, whi…

Formula One Grand Prix return puts Singapore back on track for glamour Economists warn that this year's event may bring in only a fraction of past takings, citing stricter border controls. But amid the downturn of the Co…

HDB resale prices climb 12.7% in 2021 The number of transactions from last year increased by 25.3 per cent to 31,017 cases, and the resale price index rose for the seventh consecutive quarter in Q4 2021, up 3.4 per cent…

Apple to let iPhones accept credit cards without extra hardware: sources Apple may begin rolling out the feature via a software update in the coming months, the people said as the company is expected to release the first…

DBS to buy Citi's Taiwan consumer banking business with S$956m premium The transaction will see DBS paying Citi cash for the net assets of the business plus a premium of S$956 million. It also intends to make offers of e…

Hyundai, PSA International tie up to create logistics solutions for 'made in Singapore' EVs PSAI group chief executive Tan Chong Meng said the success of the EV marquee project will help further Singapore's ambitions in…

GIC and Equinix to build 2 data centres in Seoul with US$525m joint venture This will bring Equinix's xScale data centre portfolio to more than US$8 billion across 36 facilities, and more than 720 megawatts (MW) of power…

PODCAST: In this episode, senior correspondent Leslie Yee discusses his article arguing that private homes in Singapore are not far too expensive. It also features property analysts’ take on the affordability of private…

Grab and foodpanda go physical in race to win q-commerce grocery wars The foray into physical assets doesn't seem to be slowing down, with foodpanda looking to add 9 more stores in Singapore in its second phase of pandam…

Ho Ching to advise Swedish firm EQT's longer-hold investment fund Through her appointment to the fund's mission board, she will provide external objectivity to the fund's strategic direction and set the bar for its commi…