The Business Times

Putting ESG at the heart of the real estate business ESR, the largest sponsor and manager of Reits in Asia-Pacific, is aiming for a 50% increase in solar power generation and a 20% reduction in group-wide energy consumpt…

Looking back at inflation in 2021 Inflation was already seen as a major concern going into 2022, with Singapore’s headline inflation rising faster than expected to 4 per cent in December. Here’s an interactive graphic th…

China's Tencent fires 70 staff, blacklists 13 firms in anti-graft campaign As the Chinese government has intensified a crackdown on corruption in recent years, tech companies have doubled down on their own investigations…

Sea invests in Singapore motion-capture gaming startup Refract's S$8.5m round Refract will use the fresh funds to develop its wearable full-body motion-capture technology, AXIS. The startup wants to be a major player in…

#BTOpinion: Thorny issues around parental help in buying homes In his latest for #TheLevelGround, BT’s Leslie Yee touches on the prevalence of parents helping their offspring buy homes in Singapore and also in cities suc…

Twitter to double headcount at engineering centre in Singapore by 2023 The technical hires for the centre - located in the company's Asia-Pacific headquarters in Singapore - will include roles in engineering, data scienc…

'Modest appreciation' of SGD against USD expected as MAS tightens monetary policy "An off-cycle move is always a surprise," said Bank of Singapore currency strategist Sim Moh Siong. "(But) the slight tightening now will…

HDB issues S$950m, 7-year fixed rate notes This programme allows HDB to issue bonds (or notes) to finance its development programmes and working capital requirements, as well as to refinance the existing borrowings from…

CICT to divest JCube for S$340m The sale price of S$340 million represents a premium over the property's latest valuation of S$278 million and S$280 million by real estate consultancies Savills and Colliers respectively…

Singapore tourism receipts fall 60.4% to S$1.9b in 2021; no forecast for 2022 The decline came on a continued slump in international arrivals, with the Singapore Tourism Board (STB) noting that the tourism sector stayed…

China lifts Xi'an lockdown as Beijing virus fight ramps up The historic city's 13 million residents had been confined to their homes since Dec 22 after the discovery of a Covid-19 cluster that grew to more than 2,100 cas…

MAS off-cycle move does not rule out further tightening in April, GST hike soon: economists Budget 2022 is expected to shed light on the timing of the long-anticipated GST hike, with one question being whether higher-tha…

Settling of longstanding bilateral issues shows 'strength and maturity' of Singapore-Indonesia relations: PM Lee He said this in Bintan at the Singapore-Indonesia leaders' retreat with Indonesian President Joko Widodo, a…

Rolls-Royce sales bust speed limits with 49% jump "I knew in the beginning of last year that we would see a very good year for us, but I was quite surprised to see it this good. And to see it developing in all markets on…

#BTOpinion: Genting Hong Kong sinks on funding spat over 'Made in Germany' cruise dream In today’s #HockLockSiew, Anita Gabriel observes the ironic end Genting Hong Kong should suffer, after decades of withstanding Malay…

Crypto collapse tests faithful's infinite supply of optimism Famed crypto investor Mike Novogratz mused on Twitter that "this will be a year where people realise being an investor is a difficult job". But, crypto fans ha…

#SGBudget2022: Startups association ACE calls for better access to funding, tech talent "Startups almost unanimously agree that employing foreign talent is nearly impossible, given the current constraints on employment p…

#SGBudget2022 lookahead: Return to surplus expected for Singapore Budget in FY2022 Economists reckon, based on the much smaller expected shortfall for the soon-to-end FY2021 than FY2020's record S$64.9 billion deficit, t…

Higher pay, career pathways for up to 3,000 workers with Progressive Wage Model for waste management sector Entry-level waste collection workers, for example, will see their monthly baseline salary increase from S$2,210…

Temasek set to buy Bridgepoint's testing business for US$7b: sources The business was expected to draw interest from other buyout firms, as well as strategic investors, the people said at the time. Cinven and the Canada…

Singapore hotel revenues down 20.9% year on year to S$979.6 million in 2021, helped by December bump The latest hotel receipts came as Singapore recorded about 330,000 visitor arrivals in all of 2021, down by 88 per cent…

[JUST IN] In surprise announcement, MAS moves to 'raise slightly' rate of appreciation of policy band What this means is it will allow the Sing dollar to appreciate in value more than previously, imports will be cheaper…

Economists expect 'double tightening' of monetary policy after headline inflation surprises at 4% in Dec Commenting on the latest figures, Selena Ling, OCBC's chief economist and head of treasury research and strategy, s…

PODCAST: In this 10th episode of WealthBT, wealth editor Genevieve Cua talks about the investment themes of 2022 and how they'll impact your portfolio. #btpodcasts #wealthbt Listen here: bt.sg/Jmfq For more WealthBT: bt.…

Hong Kong's financial sector faces talent crunch as expats head for the exit "The summer in Hong Kong will be the time when many people will throw in the towel and think to themselves 'This is just untenable'," one capit…

UK takes bold steps to live with Covid-19 with almost all restrictions to be axed from Jan 26 Economists and business leaders are in favour of the policy changes, but medical experts and some sceptics feel that British P…

Former police commissioner Khoo Boon Hui appointed advisor to Nasdaq-listed encryption tech firm In his new role, Khoo will bring a "wealth of experience and specialist insight into global cybersecurity, as well as high…

Fourth Covid-19 vaccine shot raises resistance to serious illness for over-60s: Israel A preliminary study published by Israel's Sheba medical centre last Monday found that the fourth shot increases antibodies to even hi…

PM Lee to visit Bintan on Tuesday for fifth Singapore-Indonesia Leaders' Retreat PM Lee and Widodo will review the progress made on bilateral cooperation since the last Leaders' Retreat and discuss ways to expand collabo…

Singapore shophouse sales hit record S$1.9b in 2021 This was up by about S$1 billion from the year before, according to Knight Frank. While total volume of shophouse sales in 2021 amounted to 244 transactions, which was…