The Business Times

#SGBudget2022: Loan assistance for SMEs, construction sector extended by 6 months to a year To support companies with cash flow needs, the Temporary Bridging Loan Programme and the Enhanced Enterprise Financing Scheme –…

#SGBudget2022: S$500m to support businesses and jobs as economy recovers As part of the Jobs and Business Support Package, a grant will be provided for SMEs most affected by Covid-19 restrictions over the past year, such…

Finance Minister Lawrence Wong will deliver #SGBudget2022 in 30 minutes. Follow our live blog on BT's Budget 2022 microsite for real-time coverage of the key announcements: bt.sg/budget22

#BTOpinion: How Budget 2022 can help the tourism and entertainment sectors In this piece, Deloitte's James Walton and Ong Siok Peng opine that government interventions may help a little to revive Singapore's straggling t…

Japan eases strict border controls; tourists still banned From March, authorities will raise the number of people allowed to enter to 5,000 a day, from 3,500 now, Japanese Prime Minister Fumio Kishida told a news confere…

Singapura Finance H2 profit up 67% to S$4.7m, full year up 101.8% In its financial results posted on Friday (Feb 18), the mainboard-listed finance company said earnings per share for H2 also increased by 66.9 per cent to…

Singapore poised for further recovery in 2022 amid external headwinds, inflation On one hand, Singapore's external demand outlook has "deteriorated slightly", MTI permanent secretary Gabriel Lim warns, with the Omicron v…

Aviation's future intact but its recovery from pandemic will be patchy, players say Firms are restoring headcounts shed in late 2020, with one long-term trend that could be positive being the growing demand for freighter…

Good morning! Today at 3:30pm, Finance Minister Lawrence Wong will deliver his maiden Budget speech. Here's a list of 7 things to look out for in his speech later today. For more #SGbudget2022 content, check out our micr…

Ex-GIC CIO's low-key Singapore fund amasses US$10b for global foray Avanda Investment Management was co-founded by Ng Kok Song in 2015 — soon after he retired from sovereign wealth giant GIC following a 42-year career in…

Temasek-backed plant-based 'chicken' maker raises US$100m Series A funds for US expansion Next Gen's flagship product is TiNDLE, a plant-based food meant to have the taste, texture and mouthfeel of chicken. The startup,…

Singapore exports to post more modest growth in 2022 after cresting a decade high Besides the high base effect, the world economy faces downgrades to its growth outlook on the spread of the Omicron strain of the novel co…

Neste to start Singapore sustainable aviation fuel plant by Q1 2023 Neste produces renewable fuels, mainly from waste and residues such as used cooking oil, animal fat from food industry waste, fish fat from fish process…

Sotheby’s tips largest blue diamond at Hong Kong auction to fetch US$48m The diamond is the “largest internally flawless step-cut vivid blue diamond” ever graded by the Gemological Institute of America (GIA), Sotheby’s s…

Tourists returning to Thailand find closed bars, empty streets With the tourism industry decimated by 2 years of Covid-19, most of the street's businesses are locked, with "Closed" signs in the windows. At the area's nig…

Singapore property executives see rising inflation and interest rates as top risk About 6 in 10 of the real estate executives also expected unit prices of new launches in the next 6 months to be moderately or substantial…

Two 999-year strata office floors on Cecil Street put on market for S$30m Each floor has a strata area of 3,929 square feet (sq ft), amounting to a total of 7,858 sq ft for both, representing 31 per cent of the entire bu…

Citi moves HK equities staff to Singapore, other markets amid Covid woes Business groups have sounded warnings that the city is facing an exodus of foreign talent as its dogged approach to keeping infections at bay, whic…

Genting Singapore H2 net profit falls 49%; expansion plans for RWS unveiled The Universal Studios Singapore theme park will feature a new zone: Minion Land, featuring the Minion characters from the animated movie Despica…

AirAsia to lease at least 100 flying taxis to launch air ridesharing service Tony Fernandes, chief executive of AirAsia parent Capital A, said flights could start by 2025 and the air ridesharing services would be bookabl…

Tomorrow is #SGBudget2022 Day – stay with The Business Times as we bring you end-to-end coverage from morning till evening: 📝 Our Live Blog is now up! Check it out now; we’ve started posting to it, but our lead bloggers…

7 things to look out for in Budget 2022 We're T-1 to Budget day, and if you've not been following lookahead coverage up to this point, this handy list will get you up to speed ahead of Finance Minister Lawrence Wong's bi…

Firms' energy costs to continue upwards spiral in 2022; utilities main cost component to rise in 2021 The cost of utilities had surged when the average wholesale electricity price jumped by 179 per cent year on year in 2…

Residential assets grab spotlight in private-equity real estate market: panel Many investors have started injecting capital into the residential sector, "mainly because it delivers the stability that everyone's looking f…

Latest Kallang/Whampoa BTO project stands out for lower pricing: OrangeTee & Tie The real estate agency expects this second project under the PLH scheme to be one of the most popular projects under this month's BTO launc…

SIA flights to Hong Kong banned for 2 weeks after passengers test positive for Covid-19 The ban will affect SIA's 2 daily passenger services to Hong Kong, SQ882 and SQ894, until March 1. But SQ883 and SQ895, the twice-da…

FairPrice Group is getting a new CEO: Pizza Hut's Vipul Chawla Stepping down is longtime CEO and Marine Parade labour MP Seah Kian Peng, who was CEO of NTUC FairPrice from 2016, and then CEO of FairPrice Group and NTUC E…

Chinese fashion firm Shein on Singapore hiring spree after founder becomes PR It made a Singapore firm its de facto holding company, and its founder-CEO Chris Xu is now a Singapore PR. Last year it de-registered its main…

Covid-19 measures saved Singapore's resident unemployment from reaching 7.5% in 2021: MOF study This according to a paper by the MOF examining the impact of Covid-19 measures on Singapore's economy and businesses, which…