The Business Times

Keppel to commence arbitration proceedings against SPH In a filing to the Singapore Exchange on Wednesday, Keppel said: "Keppel Pegasus does not agree with SPH's attempted purported termination of the Keppel implementati…

BT’s Top Stories from Last Week: 1. Expats head for the exit as Singapore's Covid controls bite bt.sg/JBhu 2. Japanese dining scene heats up with 5 new restaurants to check out in Singapore bt.sg/J7cM 3. No Signboard rec…

South-east Asian F&B startups raised record US$461m in 2021 Hungry? So are venture investors, as they poured nearly US$1 billion into South-east Asia's F&B startups over the past decade. The bulk of the action is in Indo…

#BTOPINION: Striking a balance between 'lying flat' and being greedy Imagine a Singapore where many young people forgo career ambition and opt out of competing to get ahead materially. Without greed, consumption falters.…

Rolls-Royce to hire 150 people in Singapore as travel recovers "We do see an anticipated growth in the MRO activities and we need to be future-ready," Bicky Bhangu, the company's president of South-east Asia, Pacific and…

Metaverse a potentially lucrative investment opportunity "The metaverse is touted to be the next evolution or 3D version of the Internet," said Phillip Securities research analyst Jonathan Woo.

Singapore fintechs draw US$3.9b for 2021; crypto, blockchain segment thumps payment startups Deals grew 37 per cent from 139 deals in H2 2020 to 191 deals in H2 2021, as crypto and blockchain startups snatched the invest…

660,000 took part in SkillsFuture-supported programmes in 2021, with 100,000 in Covid-19 schemes The rise might have been due to greater outreach efforts by SSG; workers having more time to attend courses; and the pandem…

Man charged for attempted market manipulation via Telegram Kenneth Goh Jia Poh's charges including the latest ones under Section 200(1)(a) of the SFA carry an imprisonment term of up to 7 years or a fine of up to S$200,0…

Malaysia's scandal-hit Supermax pays US$6m in compensation to migrant workers The United States has banned imports of its products since October and last month Canada terminated a glove supply contract with the company d…

The road to net zero for corporate Singapore A recent study on sustainability has found 90% of companies in the Asia-Pacific lack confidence that their business units and individuals are incentivised to decarbonise.

#BTExplains: What is regulatory capital and why has MAS asked DBS to set aside more of it? As a penalty for the widespread disruption of its digital banking services in November last year, DBS has been told by the Moneta…

#BTOpinion: Cooling measures won't stop wealth creation through owning homes but do combat inequality In his latest for #TheLevelGround, BT's Leslie Yee notes that while the investment case for private homes is not broke…

Tesla's Bitcoin holdings worth nearly US$2b: filing In its annual filing with the US Securities and Exchange Commission, Tesla, which had invested US$1.50 billion in bitcoin last year, said it registered about US$101 mil…

Shell Bukom heist: One mastermind admits to siphoning S$128m of gas oil Prosecutors are seeking a jail term of 359 months — a month shy of 30 years — for Juandi Pungot, 45, who admitted that he began embezzling gas oil f…

#BTOpinion: Spooked by rate-hike fears, S-Reit sell-off could offer opportunity to dive in In the latest #HockLockSiew, BT's Jude Chan identifies that the Singapore-listed real estate investment trusts (S-Reits) sell-off…

PODCAST: In this 112th episode of Money Hacks, correspondent Howie Lim speaks to Daryl Ho, senior investment strategist, chief investment office, DBS, about the investment outlook for 2022 and how a robust portfolio can…

Major global companies largely fail net zero climate pledges: report According to findings of the Corporate Climate Responsibility Monitor released on Monday (Feb 7), the major multinational companies (MNCs) assessed in…

Singapore's GIC has never had so much money to manage — or faced more problems managing it The sovereign wealth fund is attempting one of its biggest-ever asset pivots after finding its two main pillars — China and bonds…

SoftBank's sale of Arm to Nvidia collapses: sources The deal has faced several regulatory hurdles, with the US Federal Trade Commission suing to block it in December. The buyout is also under the scrutiny of British and…

Carousell in talks to buy property marketplace 99.co ahead of SPAC deal The acquisition is likely to give a boost to Carousell’s monetisation strategy as it doubles down on high-value transactions and shapes up for the p…

Malaysian advisers agree to reopen borders next month, report says The nation's borders could be open to international travellers as soon as March 1, without requiring arriving visitors to undergo compulsory quarantine.…

Hongkongers picnic to avoid Covid-tracing app Public distrust in the HK government has drawn Hongkongers to take away their food instead of checking in to dine with the city's mandatory app, with fears swirling over how…

Indian tycoon Adani surpasses Ambani as Asia’s richest person The 59-year-old coal magnate's net worth reached US$88.5 billion on Monday (Feb 7), according to the Bloomberg Billionaires Index, eclipsing fellow countryman…

#SGBudget2022 lookahead: Upcoming GST hike seen as key to improving fiscal sustainability We know it's happening, it's just a matter of when. Why hike the GST? Economists and tax partners explain why it's a stabler sourc…

Australian housing poised to woo Singapore property investors again The full reopening of Australia's borders, its buoyant property values and rents, and Singapore's new cooling measures could revive demand for real esta…

#BTOpinion: The Covid policy that really mattered wasn't a policy "What's better than a vaccine mandate? A society that doesn't require one." Ezra Klein writes for the New York Times about how even if the US government g…

MBS to undergo revamp in US$1b reinvestment programme Under the latest reinvestment plan, all rooms and suites in towers 1 and 2 of MBS will be renovated in phases over 2022 and 2023. This comes as part of the IR's exten…

US approves US$100m sale for Taiwan missile upgrades "This proposed sale serves US national, economic, and security interests by supporting the recipient's continuing efforts to modernise its armed forces and to maintain…