The Business Times

URA tender pulls in 8 bids for Jalan Tembusu plot, and 4 for Lentor plot The 8 bids received for a District 15 plot at the corner of Jalan Tembusu and Tanjong Katong Road, as well as the highest bid (from City Developmen…

Covid-flu joint booster jab possible late 2023: Moderna The single vaccine for Covid-19, influenza and respiratory syncytial virus — a common virus that causes the cold, but can be more serious for infants and elderly pe…

Brent oil hits highest level in more than 7 years The contract hit US$86.84 in Asian trade, a level not seen since late October 2014.

Number of passengers flying SIA, Scoot doubles to almost 600,000 in December The SIA Group, which consists of the two airlines, noted that the significant increase in passenger demand in December came on the back of a co…

Citigroup hires 5,500 young staff in Asia, ahead of 2023 target Consumer banking operation has taken up 48 per cent of the overall hires, followed by 31 per cent for the institutional businesses with the remainder in sup…

PODCAST: In this 111th episode of Money Hacks, correspondent Howie Lim speaks to Cathy Hackl, chief metaverse officer of the Futures Intelligence Group about lucrative investment opportunities in the metaverse and how to…

ComfortDelGro commences rail services in NZ, replaces previous operator This was done through Auckland One Rail (AOR), a 50:50 joint venture between ComfortDelGro and Australian rail operator and maintenance company UGL…

#BTOpinion: Size helps but it's not a panacea for Reits seeking to re-rate In this week's #TheLevelGround, BT's Leslie Yee examines the proposed merger of the two Mapletree Reits (MCT and MNACT), and looks into whether a…

De Beers implements big diamond price hike as demand runs hot At this week's sale in Botswana, De Beers raised the price of larger stones by about 5 per cent, sources said, while some smaller rough diamonds saw prices hi…

Singapore office rents improve in Q4 2021, will continue to grow: Knight Frank Prime grade office rents in Raffles Place/Marina Bay grew quarter on quarter by a sharper 1.5 per cent to S$10.13 per square foot per month f…

Straits Trading launches private placement to raise S$80.9m, priced at S$3.11 per share The conglomerate-investment company will be issuing 26 million shares "to encourage both institutional and individual share ownershi…

Tech firms, reopening beneficiaries seen as top Malaysian stock picks in 2022 Analysts share their take on the outlook for Malaysian stocks and its economy for this year, after a largely disappointing 2021, and with trad…

Maxi-Cash to launch S$36.75 million more in 6.05% notes due 2025 after investor interest The new set of 6.05 per cent notes due 2025 will be issued on Jan 24 and, combined with the initial notes announced earlier this mo…

Xi calls on nations to reduce global supply chain risks "We should coordinate the targets, intensity and rhythm of fiscal and monetary policies, and major developed countries should control the spillover effects of their…

London bankers changing jobs got 19% pay boost in fourth quarter The total number of financial services jobs available in London for 2021 rebounded to 32,331, in line with 2019 and roughly double the figure for 2020

Genting Hong Kong may file for liquidation as funding dries up The troubled cruise operator plans to file for provisional liquidation with courts in Bermuda unless it receives "credible proposals for a solvent, consensua…

Some business leaders in favour of raising GST in 2 steps to soften impact on households, businesses Max Loh, Ernst & Young (EY) managing partner for Singapore and Brunei, said a 2-step approach would offer the governmen…

BT Explains: What you need to know about SMS phishing Why does an SMS appear to be from OCBC when it isn't? How does phishing work? Why do banks use SMSes for secure transactions if they are not secure? What should I do…

#BTOpinion: When scammers can empty your bank accounts of S$8.5m in minutes, where is the sense of security? BT night editor Dennis Chan argues that banks simply should not be allowed to get away with claiming that their…

World's 10 richest men doubled wealth during Covid-19: report Oxfam said that the men's wealth jumped from US$700 billion to US$1.5 trillion during the pandemic, as some 160 million people plunged into poverty.

APAC real estate outlook positive in 2022, transaction volumes to hit record high: CBRE Logistics assets will remain keenly sought after while interest in offices is expected to strengthen this year. Demand for retail an…

Esora chef sacked on allegations of mistreatment In a cryptic post on Instagram, the group said that it had terminated its relationship with chef Shigeru Koizumi "after an internal investigation into multiple accounts of…

Singapore's 2021 exports resilient against supply chain disruptions, momentum to continue into 2022 UOB economist Barnabas Gan believes this means Singapore is "well-positioned to ride the endemic Covid-19 recovery into…

Hiring blockchain talent? Your odds are 20:1 Funding is at an all-time high, the number of blockchain and crypto companies is at an all-time high, and naturally, demand for blockchain talent is at an all-time high too. P…

Proxy advisory calls ALog-ESR deal process 'questionable', recommends voting against merger "From a process perspective this related party deal is questionable, as ALog Trust is not controlled and could have, if seeking…

Over 30 SMS phishing victims have received goodwill payouts so far: OCBC The affected customers started receiving the goodwill payouts since Jan 8, which are being "made on goodwill basis after thorough verification, tak…

Singapore new private home sales decline at slower pace than launches in December “Units from previously launched projects continued to be soaked up by homebuyers, while developers are taking a cautious approach to launc…

Crypto service providers should not market services to general public in Singapore: MAS The guidelines come after MAS has observed some service providers "actively promoting" their services through online and physical ad…

Petition calls for IMDA to enforce SMS sender ID pre-registration in wake of OCBC phishing scam The online petition, started by user Captain Sinkie on Change. org, pointed out that scammers can easily "abuse" the lack of…