The Business Times

Accel launches US$650m venture capital fund aimed at South-east Asia, India Accel's major exits in Asia have been in mostly Indian startups such as e-commerce marketplace Flipkart and software consultancy Freshworks.

Temasek invests in Forest Fund as carbon tax looms The investment comes as Singapore plans to ratchet up the tax it charges on green-house gas pollution to S$25 a ton from S$5 when it was first implemented by 2024.

#BTOPINION: How Singapore can help shape the future of Asia's financial markets With its world-class banking, digital and legal infrastructure and vibrant global talent pool, Singapore is well-poised to play an integral…

Disruption key to growth for Lenskart in Indonesia "Indonesia is ripe for disruption and we want to enable consumers to have greater choice through technology," Anantha Nayak, the company's chief business officer for Sou…

#BTOpinion: Lessons for PropNex from recent SGX queries In today's #HockLockSiew, BT's Ben Paul comments on PropNex's recent exchange with SGX over its S$1 billion in commissions not translating to an equivalent amount o…

House of Tan Yeok Nee sold to entity linked to Bachtiar Karim's family BT understands the property was sold below the asking price of S$92 million but above S$85 million. The property, a gazetted national monument at the…

Rosneft, Gazprom and Lukoil all have offices in Singapore. Here's how large they are. None of the three Russian energy giants responded to our requests for information, but BT's Uma Devi digs into the size of their respe…

Singapore takes stands, not sides, to uphold principles; 'trade is strategy' for Asia: Vivian Touching on the war in Ukraine, the minister noted that a stand against clear violations of sovereignty, political independenc…

Debenture holders serve statutory demand on Peter Kwee's Laguna Two of the golf club's pioneer members are demanding S$120,000 for their 30-year-old debentures that are overdue for redemption. According to the letter see…

VIDEO: Why are Senior Software Engineers in High Demand? Lead software engineers in Singapore can command up to S$15,950 monthly, according to a report by talent platform NodeFlair and Quest Ventures. Mid to senior posit…

Singapore pump prices up as Brent reaches over US$115 According to petrol and diesel price tracker Fuel Kaki, all the 5 oil companies here hiked pump prices over these 2 days, by between 4 and 27 cents, from a week ago.…

Oil at US$150 less far-fetched as Opec+ sits tight on output amid Russia-Ukraine crisis At the much awaited ministerial meeting on Wednesday evening (Singapore time) held via video conference, the Opec+ stuck to its scri…

Japan set to extend coronavirus limits, ease border rules Prime Minister Fumio Kishida will raise the number of people who can enter Japan to 7,000 a day from 5,000 at present, while students will be exempted from the da…

Biggest crypto exchange says blocking Russians 'unethical' Changpeng 'CZ' Zhao said Binance has complied with international government mandates to restrict sanctioned individuals, but that to expand that further would be…

Dyson goes on hiring drive in the UK and South-east Asia This will be the Singapore-headquartered company's largest hiring exercise yet under the £2.8 billion (S$5.06 billion) investment plan announced in 2020. It has sa…

Russia billionaires move superyachts to Maldives as sanctions tighten Ship tracking data showed at least 5 superyachts owned by Russian billionaires were anchored or cruising on Wednesday in the Maldives, which does not…

China's 'two sessions' to tackle economic resilience amid shrinking job market With the Winter Olympics now over, Beijing must now refocus on an economy which faces multiple challenges from rising unemployment, an ageing…

Global brands exit Russia over Ukraine invasion The list of goods, consumer and industrial, that will no longer be sold in Russia is growing longer with every day. Western nations have steadily ratcheted up sanctions on…

Oil blasts through US$110/barrel, as few alternatives seen to Russian supply Relief in the form of more supply is unlikely in the near-term. OPEC and allies — which include Russia — stuck to their long-term plan to boost…

Kimly's ex-directors, fined for offences, hired as consultants to the company Lim Hee Liat, the company's former executive chairman and Chia Cher Khiang, its former executive director, were fined S$150,000 and S$100,000…

Ukraine war may drive up wheat, flour prices in Singapore A Rabobank report from Feb 17, before Russia invaded Ukraine, forecast global wheat prices to rise by 30 per cent if war broke out and sanctions were implemented.…

#BTOPINION: Reits have appeal despite triple whammy from rising interest rates Rising interest rates, higher borrowing costs, a narrower spread between DPU yield and the risk-free rate and lower property valuations. Are…

Roundup of developments from the Russia-Ukraine conflict: 1. Russian vodka boycott goes global to punish Putin for invasion 2. Apple pauses all product sales in Russia 3. Could Russia get round sanctions with cryptocurre…

Singpass to get new feature; GovWallet to be expanded The move aggregates the data on one platform instead of having businesses access various sources, and is aimed at increasing convenience for users - for instance when…

BMW, MINI EV owners to get free public, home charging solutions in Shell tie-up These car owners can choose between 3 years of free charging, up to 10,000 kWh, or comprehensive home charging installation at their private…

Covid hampers Hong Kong’s growth while Singapore races ahead Economists have been downgrading their growth forecasts for Hong Kong this year alongside the government’s ever-tighter virus control measures, from travel ban…

Opposition alternatives to GST hike will not plug funding gap, need 'reality check': Wong Earlier in the #SGBudget2022 debate, Workers' Party (WP) MP Louis Chua suggested that the government could top up its coffers with…

If you only had #5questions for someone interesting, what would they be? In this new series by #BTGarage, star venture capitalist Jenny Lee talks about adventure, golden advice and why you shouldn't listen to her.

Burden of GST hike falls on the better-off, will not change effective GST rate at the bottom: Lawrence Wong In his round-up speech, Wong said lower-income households currently pay a "much lower" effective GST rate than h…

BT’s Top Stories from Last Week: 1. Five Raffles Education directors to be formally arrested, bail set at S$30,000 each bt.sg/JDyT 2. Tanglin Shopping Centre sold for S$868m to Tanoto family's Pacific Eagle Real Estate b…