The Business Times

DHL, SIA enter agreement to operate 5 freighters based in Singapore The freighters will be based at Changi Airport and serve DHL's South Asia Hub located in Singapore. SIA will oversee the maintenance of the aircrafts, a…

Ukraine crisis, inflation fears fuel market chatter about early central bank action Already, the spectre of higher inflation - driven mainly by rises in energy and food prices - was almost unanimously cited as a risk to…

Labour costs and availability are top worry for SMEs: DBS survey "The geopolitical risks emerging from the Ukraine crisis are a cause for concern, specifically with regards to the upside risks in energy, commodities and…

#BTOPINION: Gender-targeted investment advice is less about female empowerment, more about acknowledgement In the latest #HOCKLOCKSIEW, BT questions if women really need such differentiated investment products and conten…

IMDA approves StarHub's acquisition of 50.1% stake in MyRepublic's broadband unit IMDA said that the merger could allow StarHub and MyRepublic to compete more effectively with competitive prices or more innovative servic…

VIDEO: Will the EU Chips Act threaten Asia's semiconductor industry? The European Union is aiming to increase domestic semiconductors production to curb its dependency on Asia. Will this pose a threat to the South-east A…

HDB resale volumes slide 22% in February; prices continue to climb: SRX, 99.co Property analysts have attributed the decline in volume to slower market activity over the Chinese New Year festive period, as well as viewin…

DBS chief Piyush Gupta's 2021 annual salary jumps 48% to S$13.6m Gupta's pay in 2021 consisted of a salary base of S$1.2 million, a cash bonus of S$5.2 million, and shares worth S$7.1 million. A non-cash component worth…

Conservative Yoon wins tight South Korean presidential race After a bitter, hard-fought election campaign, Yoon, formerly a top government prosecutor who has never held elected office, was declared winner early on Thursd…

Electricity retailers to offer longer-term contracts for businesses: EMA EMA said it worked with electricity retailers to make this happen in view of the current global energy crunch, which has led to increased price vol…

IMF board approves US$1.4 billion emergency package in "critical financial support" for Ukraine The aid should catalyse "the large-scale mobilisation of additional concessional financing that will be required to help fil…

Government watching pump prices, ensuring petrol companies not profiteering: Tan See Leng "If there is evidence of anti-competitive behaviour, such as coordinated price increases, CCCS will investigate and take firm enfo…

SMEs work around travel curbs, long quarantines to persist with China expansion Firms told BT that the opportunities presented by the world's second-largest economy have driven them to navigate roadblocks to establish a…

Pfizer begins Covid pill study in high-risk children aged 6-17 The drugmaker plans to enroll 140 non-hospitalised children who are at high risk of developing severe illness in the study, across 2 groups of 6- to 17-year-…

China official says Hong Kong autonomy could last beyond 2047 Hong Kong returned to Chinese rule from Britain in 1997 on the promise Beijing would leave its capitalist economy and political freedoms untouched for 50 year…

Changi Airport Group announces subsidiary's exposure to Russia In reference to Singapore's Mar 5 announcement of sanctions against Russia, CAG said it will comply with all legal and regulatory obligations applicable to t…

Hillview residential development site up for sale with S$255.4m reserve price The buyer of 26-38D Hillview Terrace can also consider purchasing the adjoining parcel to the south — comprising 31-35 and 50-64 Hillview Terr…

SMF leadership had planned to remove Board of Governors: sources The SMF's BOG was formed in 2013 to "enhance the Federation's corporate governance and accountability practices", as well as to serve "as an additional ave…

Russia warns the West: our sanctions will hurt you "Russia's reaction will be swift, thoughtful and sensitive for those it addresses," Dmitry Birichevsky, the director of the foreign ministry's department for economic co…

Funding gap, gender bias towards female founders persist in South-east Asia “When starting out, some investors did not see me as equal to my male co-founder; there’ve been many stories where I wasn’t (seen as) part of th…

Enviro-Hub appoints former MP Teo Ho Pin as independent director Teo, 62, was previously a People's Action Party MP for various constituencies between 1996 to 2020. He was also chairman of Holland-Bukit Panjang Town Coun…

Remorseful Shell abandons Russian oil Despite saying it would pull out of its Russian operations, Shell bought a cargo of Russian crude oil from Swiss trader Trafigura at a record low of dated Brent minus US$28.50 a barr…

Rex cranks up production volume "It seems (that) it's not a very good day for the stock market in general. Everything is down," Rex's executive chairman Dan Brostrom told BT. Despite the current market trepidation, share…

Singapore to conduct sustainable aviation fuel pilot at Changi Airport in Q3 "Besides lowering emissions, it will also create new opportunities for Singaporeans in fields like data analytics and engineering," Transport M…

MOM can suspend work pass privileges of employers who insist on MCs from staff with Covid-19 "Employers are expected to follow the positions set out in the advisories. If any employer deviates from the advisory without g…

COE premiums continue to rise, with Open category rising to S$98,890 The previous record was S$97,889, set in January 2013. Even COEs for motorcycles continued to set new highs, increasing by 7.7 per cent from S$10,589 t…

BT’s Top Stories from Last Week: 1. Hong Kong residents escape to Singapore as Covid lockdown looms bt.sg/Jt86 2. Cryptocurrencies are property, Singapore court rules, as it freezes US$7m in 'stolen' crypto bt.sg/Jtbp 3.…

#BTOPINION: Ukraine conflict is changing the face of commodities flows Faced with severe disruptions, energy and agricultural buyers alike are now thinking of how and where alternative capacity can be sourced, reinforcin…

Traveloka fuels up 'buy now, pay later' engine for super app take-off "During the pandemic, we've doubled down on fintech… to make sure that people are still engaged and we are still relevant to our users across the regi…

Proxy advisers give cautious nod for ALog Trust unitholders to accept merger offer "The transaction does not represent an attractive premium when considering the improvement in ALog Trust's valuation over the past year,"…