The Business Times

Canada clears world's first plant-based Covid vaccine Covifenz is made from proteins, grown in plants, that look like the virus that causes Covid-19 to the human immune system, according to Medicago's website.

Energy at the frontline of global economic war caused by Russia-Ukraine crisis The economic war is not all one-sided. Putin is inflicting inflation pain on Western economies already limping back from the pandemic slowdow…

Singapore visitor arrivals fall month on month to 57,140 in January; hotel takings down Most of January's travellers hailed from nearby countries with Vaccinated Travel Lanes (VTLs) for quarantine-free entry - notably In…

Star witness against ex-Goldman banker says wives used to disguise 1MDB kickback The charges stem from one of the biggest financial scandals in history, in which US prosecutors say US$4.5 billion of the US$6.5 billion Go…

#BRUNCH: Tough choices in the quest to go cashless Smaller merchants who embraced digital payments may revert to cash the moment they are charged any fees. Meanwhile, competition in the digital payments space is forcing…

Man faces charge for helping Ng Yu Zhi leave Singapore unlawfully while under probe Ang Yew Teck had allegedly offered Ng plans to leave Singapore unlawfully in or around August 2021, and in doing so, committed an act th…

SPH selling sgCarMart to Toyota consortium for S$150 million sgCarMart has been profitable for the past 5 years, according to regulatory filings. This has led industry observers to flag sgCarMart as a potential acquisiti…

Six new directors appointed to board of SPH Media Holdings In a press statement on Friday (Feb 25), SMT said the 6 individuals will join Patrick Daniel as directors on the board of SPH Media Holdings, with SMT chair Khaw…

Five taxi operators lodge fare adjustments with PTC, following hikes by CDG announced 2 weeks ago These taxi operators include TransCab, Prime Taxi, Premier Taxi, Strides Taxi, as well as independent yellow-top taxi owne…

Russia-Ukraine conflict: Singapore calls for immediate stop to military action "Singapore strongly condemns any unprovoked invasion of a sovereign country under any pretext," a spokesperson for the Ministry of Foreign Af…

Taiwan's UMC to spend US$5b on new chip plant in Singapore UMC chairman Stan Hung said in the statement the semiconductor "undersupply" had crystallised the need for "greater visibility and mutual risk mitigation within…

SIA posts first quarterly net profit of S$85m since onset of pandemic SIA was able to tap pent-up travel demand during the year-end holiday season as Singapore launched and expanded vaccinated travel lanes (VTLs), revers…

With Ukraine under large-scale attack, West ramps up sanctions on Russia "Putin is the aggressor. Putin chose this war. And now he and his country will bear the consequences," said US President Joe Biden told reporters a…

Singapore delays plans to 'reset' Covid-19 rules as cases cross 20,000 mark for 2 days The streamlining exercise would have seen safe-distancing rules scrapped, while households would have been able to receive 5 visitors…

Oil, commodity prices to soar due to Russia invasion, driving up inflationary pressures Should the conflict escalate into a full-blown war, Maybank Kim Eng economist Chua Hak Bin said a recession in Europe and an oil pri…

Sunseap to shelve IPO plans after S$1.1b buyout; Temasek sold all 12% of its stake Nevertheless, Phuan said he won't rule out the possibility of Sunseap being listed "somewhere in the future", since EDPR and its parent c…

PODCAST: In this episode, senior correspondent Leslie Yee discusses his article arguing that physical offices continue to be relevant despite the rise of remote working and that Grade A spaces will outperform. It also fe…

10 things I learnt from owning Suntec Reit for 17 years Every investor remembers their first stock especially one held for 17 years. Here are ten things Royston Yang, portfolio manager of The Smart Investor, has learnt f…

#BTOPINION: FairPrice should stop rebates and raise discount for all shoppers to 7% The lower-income groups will appreciate a higher rebate of 7 per cent, not necessarily on all things. In these difficult times, it is th…

Regional markets fall as Russia orders strikes on Ukraine The trio of local banks (OCBC, DBS, UOB) all recorded losses today. “The timing cannot be worse as inflation soars anyway across the world, something that cannot…

SFA, SLA open tender for fish farming plots on Pulau Ketam This is in line with Singapore's "30 by 30" goal of producing 30 per cent of the country's nutritional needs by 2030.

Bitcoin tumbles as Putin orders military into eastern Ukraine Bitcoin’s swings during the past weeks of escalating geopolitical tensions have served to undermine the argument that cryptocurrencies offer a hedge in times…

VIDEO: How does Tax Policy Combat Climate Change? The carbon tax is a price signal to push companies to reduce their emissions, yet it can also provide flexibility to take action where it makes the most economic sense. W…

Meta’s Zuckerberg unveils AI projects aimed at building metaverse future Zuckerberg is betting that the metaverse, a futuristic idea of virtual environments where users can work, socialise and play, will be the successor…

F&B outlets, gyms face ad-hoc closures amid Covid-linked staff crunch Amid the current wave of Omicron infections, the multi-ministry taskforce on Covid-19 had warned on Jan 21 that "high case numbers are likely to disru…

Proposed merger with MNACT will address lack of growth: Mapletree Commercial Trust "With the city having relatively limited transaction volumes for office and retail assets as compared to other key gateway markets in Asi…

Blackstone plans to double headcount in Asia targeting wealthy The US firm plans to hire across Singapore, Hong Kong and Tokyo, where it currently has 20 people to “provide innovative solutions that are designed for elig…

Oil breaches US$100 after Russia attacks targets across Ukraine “We’re out of everything – I don’t care if it’s oil, gas, coal, copper, aluminium, you name it, we’re out of it,” Jeff Currie, head of commodities research…

Alibaba halts talks to raise US$1b before Lazada IPO Alibaba has mothballed the fundraising for now because it doesn't need funds and markets remain volatile, given shrinking valuations for tech companies from New York t…