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The Business Times

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South-east Asia's leading financial news site.

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Пости за Березень 2022

545 публікацій

#BTOpinion: Putin's special military operation turns spotlight on a tiny Catalist-listed agricultural company In this week's #Mark2Market, BT's Ben Paul turns his attention to Don Agro International, an agricultural crop…

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Singapore, Asian housing property investors branch out of London to other UK cities High entry costs and the increased tax burden on pricier residential property in the capital city have driven some East Asian and South-…

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Public Transport Council chairman Richard Magnus dies He spent more than 50 years in public service, presided over multiple high profile committees of inquiry, chaired numerous authorities and councils and conferred mult…

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Ex-PBOC adviser expects China to cut rates further Yu Yongding, an influential economist at the Chinese Academy of Social Sciences, said that even as the Fed raises its benchmark rate to 2 per cent, real interest rates f…

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Foxconn halts Shenzhen operations, adjusts China production on Covid-19 curbs The company said it will deploy backup plants to reduce disruption to production. "Due to our diversified production sites in China, we have a…

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Sea's secretive billionaire CEO opens up after 75% stock crash In the 900-word memo to his employees, the billionaire adopted a contrite tone, addressing head-on a US$150 billion plunge in his company's value since late…

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Singapore luxury apartment sales double in 2021; GCB deal value soars to new high CBRE noted that 40 Good Class Bungalow deals worth some S$1.22 billion were recorded in H2 2021, bringing the full-year tally to 99 with a…

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Moscow threatens Western companies with arrests, seizures: report Without using the word "nationalisation," Russian President Vladimir Putin has said he is in favour of appointing "external" administrators to head such f…

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Singapore's Q4 corporate earnings up as pandemic troubles ease Of the 92 companies that posted earnings in the quarter ending Dec 2021, 54 were profitable in Q4. Of these, 27 companies booked higher profits in the quarte…

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Russia says nearly half its reserves are frozen, counts on ties with China "We have part of our gold and foreign exchange reserves in the Chinese currency, in yuan. And we see what pressure is being exerted by Western co…

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Singapore's non-resident employment up for the first time in 2 years in Q4 The labour market is expected to continue improving in 2022, though recent events such as the Russia-Ukraine conflict have "significantly increas…

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URA launches Dunman Road residential site for tender, drops white site from reserve list Spanning 25,234.3 square metres, the residential land plot at Dunman Road can potentially yield about 1,040 residential units acros…

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Barisan Nasional's victory seen as a remedy for Johor's businesses Our Malaysia correspondent Tan Ai Leng speaks to political analysts who feel the victory by the Barisan Nasional (BN) coalition is a boon for business co…

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UK homes draw Asian investors amid price boom, undersupply The UK residential property market is back to attracting individual investors from Singapore and the rest of Asia. "Many international investors are seeing now a…

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China faces consequences if it helps Russia evade sanctions over Ukraine: Sullivan The Financial Times and Washington Post reported that Russia has asked China for military equipment since the start of its Feb 24 invasio…

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China locks down technology hub Shenzhen as Covid-19 cases jump The lockdown, which came after virus cases doubled nationwide to nearly 3,400, will be accompanied by three rounds of city-wide, mass testing, according to…

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#BTOpinion: We will forget much of the pandemic. That's a good thing. Neuroscientist Scott A Small notes that while we should honour and memorialise those we have lost to Covid-19, there is a danger in remembering too mu…

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Government hand in property rental might dent interest in Malaysia properties A proposed Residential Tenancy Act (RTA) in Malaysia was supposed to be tabled by Malaysia's Housing and Local Government Ministry in March. B…

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#BTOpinion: 'Tech wreck' looks more like another dotcom bubble bursting Despite a tepid bounce over the past week, the Nasdaq Composite index has already fallen nearly 20 per cent in 2022. In dollar terms, the tech-heavy…

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#BTOpinion: Is Putin another Hitler? BT contributor and political consultant Derwin Pereira argues that in waging war against Ukraine, Vladimir Putin is displaying two psychological characteristics Adolf Hitler's world v…

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Kimly drops 2 convicted consultants after stakeholders raise concerns But Kimly noted that Lim and Chia's shareholdings in the company amounted to 41.3 per cent, and that their interests are "aligned" with other sharehol…

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#BTLifestyle: Instead of buying NFTs, Metakovan now commissions them Metakovan made history in March 2021 with his US$69 million purchase of an NFT artwork by the artist Beeple titled "Everydays: The First 5,000 Days" at…

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Should we fear stagflation? With inflation raging and likely to be pushed higher by surging global energy and commodity prices owing to war, sanctions, and the threat of supply disruptions, it is little surprise that the…

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#BTLifestyle: A dotty love affair A chance encounter with Yayoi Kusama's Infinity Dots artwork displayed as part of an exhibition at the Louis Vuitton boutique at Ion Orchard would get Singaporean assistant bank manager…

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Why do some people never get Covid? "The unpredictability of the coronavirus has made clear just how much we don't know... I wondered why young men without identifiable risk factors had become critically ill while their…

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Ahead of Vietnam's planned reopening on Mar 15, many question marks remain "No one believes that (the borders) will fully reopen that day," said Miguel Angel, the head of human resources and quality at the Vietnam Touris…

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Berkshire rejects shareholder call to replace Warren Buffett as chairman The company, run by Buffett since 1965, also said the 91-year-old received US$373,204 in compensation for 2021, down from US$380,328 a year earlier…

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Rihanna's lingerie company weighs IPO at US$3b valuation Savage X Fenty is working with banks including Goldman Sachs Group and Morgan Stanley on a listing that could happen as soon as this year, people familiar with the…

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Many Nike stores remain open in Russia over a week after closure announcement The company said the stores that were open are owned and operated by independent partners, and that it will soon update its store locator onli…

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At least 280 victims lose S$1.2m to phone call phishing scams The scammers, who called from unknown numbers with a "+" prefix, would ask victims to identify them by saying "Guess who am I?" or "You can't remember me?", a…

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