The Business Times

Expats head for the exit as 'easy' Singapore's Covid controls bite Covid has prompted soul-searching among many relatively affluent expats in Singapore, with some comparing its strict Covid rules with more freedom back h…

[JUST IN] Singapore Grand Prix to make a comeback this year, Republic inks seven-year contract STB and race promoter Singapore GP announced on Thursday (Jan 27) that a seven-year contract has been inked, with the aim of…

SPH Media Trust will invest more in talent and technology in coming years, says chairman Khaw When asked for updates on SMT's search for a permanent CEO, Khaw said the process is already complete and that an announcement…

VIDEO: Cryptocurrency: Predicting Unpredictability The past year has been a watershed moment for cryptocurrency. With more investors gunning for a slice of the crypto pie, extreme volatility in the market has fuelled sce…

Crypto money laundering rises 30% in 2021, says Chainalysis Overall, cybercriminals have laundered more than US$33 billion worth of crypto since 2017, Chainalysis estimated, with most of the total over time moving to cen…

Singapore-based firms not affected by Russia-Ukraine conflict There are looming fears that an all-out war between both countries will break out, as Russia has positioned an estimated 100,000 troops and military equipment…

Governments need to coordinate and simplify air travel for demand to return: Airbus, Boeing "We believe that if governments can get together and provide a simplified, easy and coordinated way to access borders and commun…

New Pacific Alliance-Singapore trade pact creates opportunities for growth, jobs and prosperity: PM Lee The FTA with the Latin American trade bloc was signed at the summit in Colombia by Singapore's Trade and Industry Mi…

Indonesia regulator says financial firms banned from facilitating crypto sales "Please beware of allegations of Ponzi scheme scams in crypto investments," Indonesia's Financial Services Authority (OJK) added, without ela…

YouTube will explore NFT features for creators “We’re always focused on expanding the YouTube ecosystem to help creators capitalise on emerging technologies, including things like NFTs, while continuing to strengthen and…

China to start 3-year crackdown on money laundering The PBOC has investigated and punished money laundering cases with greater intensity in recent years. In June, police arrested over 1,100 people in a sweeping crackdown…

Novo Tellus Alpha Acquisition makes trading debut at S$5, unchanged from IPO price The SPAC announced on Wednesday that its public tranche of 500,000 units was 7.6 times subscribed while its international placement tranc…

'Resilient' suburban retail malls lift FCT's tenants' sales above pre-Covid levels One of the reasons tenants' sales has increased faster than shopper traffic, he explained, is because of a shift towards more purposeful…

Over 40 corporate ventures launched in Singapore since 2018: EDB EDB New Ventures had in May 2021 launched a S$10 million pilot programme to co-invest with large companies here in hopes of spurring new growth areas for t…

BCA expects 2022 construction demand between S$27b and S$32b, supported by public sector projects Some 60 per cent of the total construction demand, contributing between S$16 billion and S$19 billion, will likely be from…

Riyadh and Bangkok restore ties, decades after gem theft Thai-born janitor Kriangkrai Techamong stole US$20 million worth of precious gems in 1989 from the home of a Saudi prince, triggering a feud between the countries…

Thailand set to tax cryptos, stock trading to cut budget gap Thailand is seeking new sources of revenue to finance Covid stimulus measures and cut reliance on borrowing as South-east Asia's second-largest economy continu…

Airfreight rates ease from peaks but remain elevated amid passenger flight cancellations For co-founder and chief executive officer of Quincus Jonathan Savoir, this is a sign of freight demand stabilising, as people have…

Oil rises on concerns global political risks could tighten supplies Ukraine-Russia tensions, threats to infrastructure in the United Arab Emirates and struggles by Opec+ to hit its targeted monthly output increase are so…

Singapore scored above-target S$11.8b in fixed asset investment commitments in 2021 This was down from the previous year's decade-long high of S$17.2 billion, but still above the EDB's medium- to long-term target range o…

Banks push back against China's plan to curb foreign IPOs They say the draft rules are ambiguous and will expand Beijing's regulatory reach outside the nation's borders, while also driving up costs and stymieing dealmaki…

BT’s Top Stories from Last Week: 1. Fullerton Health could turn to courts for rescue as woes mount and white knight seems elusive bt.sg/JsiB 2. Recruiters say 'no amount of money' can lure bankers to Hong Kong bt.sg/JPNh…

Una Brand acquires Singapore consumer brands ErgoTune and EverDesk+ The two ergonomic furniture brands were fully acquired for an undisclosed eight-figure sum. This all-cash transaction is one of largest for a direct-to-…

OCBC, UOB see higher requests for physical tokens in January UOB said it is seeing a daily average of 15 enquiries for physical tokens over the last few days, up from a daily average of 10 at the start of January. OCBC h…

Thailand clears final hurdle in allowing wider use of marijuana Thailand's Narcotics Control Board agreed to remove marijuana from the country's list of controlled substances, paving the way for the decriminalisation and…

UOB injects 2b yuan in China subsidiary Tapping on the demand for Chinese companies to expand to Asean and vice versa, UOB China plans to establish and expand client relations in sectors that are strong drivers of China'…

#BTOpinion: Developers show restraint in latest GLS tender, despite shrinking unsold inventory In today's #HockLockSiew, BT's Kalpana Rashiwala posits that when the dust settles and home buyers return to the market with…

Singapore tourism sector keeps up domestic market focus in 'twin approach' to recovery That's as the tourism sector was supported in 2021 by the domestic market, which STB CEO Keith Tan said goes beyond the SingapoRedisc…

ESR-Reit, ALog Trust object to proxy advisors' criticism of process in proposed merger "We know that there has been quite a lot of focus around our process," Karen Lee, chief executive of ALog Trust's manager said. "I ne…

[RECAP: MAS's surprise off-cycle move to tighten its monetary policy and allow greater Singapore dollar appreciation] If you missed the big announcement on Tuesday coming from MAS, catch up on and sink your teeth into BT…