The Business Times

#SGBudget2022: Budget measures will help firms build on pandemic lessons, make Singapore a more attractive 'magnet global city' Ultimately, the progressive nature of Singapore's tax system allows the government to collec…

Porsches, Lamborghinis lost at sea may cost Volkswagen US$155m A risk-modeling company estimates there are US$401 million worth of cars aboard the Felicity Ace, which went up in flames off the coast of Portugal's Azores…

[INFOGRAPHIC] Curious to see how the numbers from #SGBudget2022 stack up compared to past years? Check out our very own interactive infographic putting together this year's Budget in numbers: For more #SGbudget2022 conte…

Only one more flight from Singapore to Hong Kong this month Singapore Airlines's budget carrier Scoot has stopped accepting bookings to Hong Kong until Mar 7 after being banned from flying to the city for 2 weeks. The mo…

Residential mortgagee sales expected to spike as prices plateau "Given the cooling measures, buyers might also feel that prices of residential properties will level off to match their price expectations in 2022. We expec…

The corporate venture capital conundrum in Singapore The Singapore government's initiative to encourage local enterprises to set up their own corporate venture capital funds (CVCs) started with a bang, but 6 years later…

Markets brace for headwinds, inflationary shocks as Ukraine-Russia crisis looms Observers stressed that the risk of adverse outcomes is significant, and investors should start looking at ways to protect their portfolios…

S$1b in commissions don't translate to equivalent in revenue: PropNex responds to SGX PropNex responded to queries from the SGX following feedback that PropNex chairman and chief executive officer (CEO) Mohamed Ismail ha…

Banking on crypto raises risks for traditional lenders As more banks in South-east Asia plant their flags in the cryptocurrency sphere, some industry observers have sounded a note of caution over the trade-off between se…

Do you know who that worker you just hired really is? Employers love to talk about "authenticity". But psychologists say nearly everyone uses some form of deception to get a job. Just how much of your true personality ca…

Hong Kong IPOs plagued by bottom pricing as risk appetite wanes The erosion in sentiment has extended to trading, with 3 of those shares that have already debuted changing hands at prices lower than their listing.

#SGBudget2022: OPINION — A fiscal plan for social health The pandemic has shown starkly the inequalities in Singapore society. In laying out the government's fiscal plans, the Budget must also nurture and develop our sto…

Five Raffles Education directors to be formally arrested, bail set at S$30,000 each In a bourse filing on Tuesday, the company shared that several directors had been notified to attend the CAD's offices to effect their f…

Crypto firm Amber gets Temasek funding at US$3b valuation Singapore is one of Asia's hottest markets for crypto startups, and Temasek and its subsidiaries have made several investments in the sector in the past year. The…

#BTOPINION: When you count users instead of dollars, the NFT world is tiny Plenty of promising new technologies start out looking like toys. Besides, OpenSea is already making millions in fees every week. Contrast that w…

Beijing places sanctions on US arms companies Lockheed and Raytheon This is the first time the companies have faced sanctions under China's new anti-foreign sanctions law drawn up last year in response to US sanctions ag…

Love at work Love, sex and work are tricky subjects, especially when they collide. But let's face the truth. People working together develop deep friendships. They have emotions and they fall in love. Their interests mer…

#SGBudget2022: OPINION — Singapore's Green Plan will need to fast-track initiatives while pushing for long-term ambitions Critical to these efforts will be Singapore's reputation for ESG in Asia, along with the green inn…

PODCAST: In this 113th episode of Money Hacks, correspondent Howie Lim speaks to Ethan McMahon, economist from Chainalysis about whether NFTs are a viable investment instrument. #btpodcasts #moneyhacks Listen here: bt.sg…

Soaring diesel and petrol prices are bleeding into shipping "It's one more reason why global commodity prices and inflation are so high," said Mark Williams, an oil products and refining analyst at Wood Mackenzie.

Sias questions MCT-MNACT proposed merger Sias is seeking further clarification as to why the merger between Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) is necessary given that there…

#SGBudget2022: OPINION — Does Budget 2022 portend more taxes to come? It may seem painful, but taxes are a necessary pinch to make sure Singapore remains at the top of its game, while making sure our future - be it in te…

#BTOpinion: Why further property tax hikes make sense In today's #Mark2Market, BT's Ben Paul notes that while the amount of added revenue the government will rake in from the property tax hike is "not... insignificant",…

StarHub snatches Premier League rights back from Singtel in 6-year deal Having regained broadcast rights from rival Singtel, StarHub will screen all 380 matches from the upcoming season that kicks off on Aug 6, the mainb…

Small Hong Kong businesses say survival at stake as Covid curbs bite Without unprecedented relief measures in Hong Kong's 2022-23 Budget on Wednesday, it's hard to see how the economy can avoid contracting again after em…

Sumitomo units, ARA jointly invest S$297m in Capital Square office tower The joint investment is the first transaction under the partnership, where Kenedix will look after the fund management operations while ARA will en…

Luxury sector undaunted by Covid, soaring inflation UBS analysts estimate that top brands such as Louis Vuitton, which is owned by industry leader LVMH, have raised their prices two-and-a-half times higher than the infla…

Singtel in consortium for Singapore-France submarine cable system to be ready by 2025 The 19,200km-long submarine cable system will connect multiple countries from Singapore to France — traversing Malaysia, Bangladesh, S…

China's new home prices perk up as big city demand returns Average new home prices in China's 70 major cities climbed 0.1 per cent from a month earlier in January, compared with a 0.2 per cent drop in December, according…

#BTOpinion: What the rise in carbon tax means for companies The government's move to up carbon tax to S$25 per tonne in 2024, then to S$45 per tonne in 2026, with a view to arriving at between S$50 and S$80 per tonne in…