The Business Times

Singapore property developers expect little impact from Shanghai lockdown This, of course, assuming the lockdown is not extended, they told BT. Fiona Lam reports on their plans in the interim:

NTU to work with partners to explore hydrogen-storage solutions The university will work with Japan's Chiyoda Corporation and mainboard-listed Sembcorp Industries, among others, to extract hydrogen from liquid organic hy…

Singapore CBD Grade A office rents book fastest quarterly growth since recovery: JLL Tay Huey Ying, JLL's head of research and consultancy, said demand for this area was driven by occupiers' preference for newer and good…

Nanofilm's Shanghai operations could be disrupted from Friday The company has 2 plants in Shanghai, the second of which commenced operations on Feb 8, 2021. It had earlier said that the second plant, approximately twice…

Singapore hopes United States will deepen ties with Asia-Pacific: PM Lee Biden reaffirmed America's commitment to the region, while PM Lee said he hoped the US could substantially deepen its relationships with Asean coun…

Singapore, US sign expanded infrastructure development MOU that now covers green projects The MOU will foster collaboration through information sharing, deal facilitation, capability building initiatives, and by supporti…

Russia promises to drastically scale down operations; Ukraine proposes neutrality Ukrainian negotiators said they had proposed a status under which their country would not join alliances or host bases of foreign troops,…

Cathay plans world's longest passenger flight, avoids Russian airspace It intends to reroute its New York to Hong Kong service over the Atlantic instead of the Pacific and avoid Russian airspace, with the flight path cov…

New interest-free loan scheme to help seniors unlock an income from their homes AN Living, self-described as a "socially conscious enterprise'', has rolled out a "home monetisation'' loan scheme to help retirees who worr…

China lockdowns cost at least 295b yuan a month, academic says That's a minimum estimate from an economist at the Chinese University of Hong Kong (CUHK) based on the assumption that cities generating about 20 per cent of…

Kyiv seeks cease-fire deal in Russia talks Ukraine's military recaptured the town of Irpin west of the capital from Russian troops, President Volodymyr Zelenskiy said. Turkish President Recep Tayyip Erdogan told the Ukra…

Man linked to Shell heist admits to offences involving stolen gas oil worth more than US$44m Muhamad Farhan Mohamed Rashid, now 34, received more than S$735,000 in ill-gotten gains for his role in the offences, which wer…

Bankers who stay in Hong Kong are rewarded with a pay bonanza "When there's a shortage of talent, people use this as an opportunity to bid up their wages," said Christine Houston, the managing director of executive searc…

Singapore's restaurants and bars are being flooded with reservations For Atlas bar, ranked among the world's best 50 bars last year, the most significant change was demand for late-night cocktails, with 40 per cent of th…

Omicron 'stealth' Covid variant BA.2 now dominant globally BA.2 now represents nearly 86 per cent of all sequenced cases, according to WHO. It is even more transmissible than its highly contagious Omicron siblings, BA.1…

Portfolio of 18 strata units at Orchard Shopping Centre for sale at S$90m indicative price The 18 freehold contiguous units are located on levels 1 and 2 of the mall, and span part of the ground floor and the entire seco…

Employers to receive over S$145m in final JSS payouts from Mar 31 The March 2022 payout will cover wages from November to December 2021. Employers receiving the payouts are in sectors that were affected by safe managemen…

Singapore, US reaffirm defence ties and discuss Russia's invasion of Ukraine They also discussed expanding defence cooperation in areas such as cyber, artificial intelligence and joint training.

#THESTRATEGYROOM: CGS-CIMB embraces disruption to chart its course The company has undergone a strategic push in recent years to broaden its offerings to tap into a wider pool of clients and generate stickier recurring s…

Koufu to delist from SGX on Mar 29 Koufu's founders in December 2021 made a S$0.77 per share cash offer to take the company private. Trading in shares of Koufu has been suspended since Feb 24, after its CEO Pang Lim and…

Singapore signs international pact for space exploration PM Lee is currently in the US for a working visit until Apr 2, and also met with US Treasury Secretary Janet Yellen to discuss cooperation at international fora to…

NFT collection failures begin to mount in flashback to ICO bust While purchases of Bored Apes by celebrities such as Madonna for more than US$500,000 kept the collection in the headlines, overall NFT sales have ebbed rec…

Employers must consider flexi-work requests by 2024 These requests must be considered "fairly and properly", under new guidelines for these arrangements, but employers can consider their business needs when assessing whe…

Budget Omega watch lures mobs of shoppers, buoys Swatch stock You might have heard of the MoonSwatch collection, a collaboration between Swatch and luxury timepiece brand Omega, and how hordes of Singapore shoppers mobbe…

Middle East feels the pinch of rising food prices As Ramadan nears, prices of staples have surged across the region, thanks to global supply chain snarls and the war between Russia and Ukraine.

Frasers Property Retail to set up EV charging stations at 12 malls The initiative will be rolled out in 2 phases - the first being 27 EV charging points across 8 malls to be completed by September 2022. In Punggol, Charg…

PODCAST: In the 12th episode of WealthBT, wealth editor Genevieve Cua talks about what sustainable healthcare really means and why the social factor in terms of ESG is so important as an investor. Nathalie Flury, co-head…

Sea's e-commerce arm Shopee to shut down India operations After India banned Sea's popular gaming app Free Fire, the market value of the New York-listed South-east Asian firm dropped by US$16 billion in a single day, lea…

HDB launches pilot project to harvest rainwater in existing Yishun, Jurong estates Its rainwater harvesting capability and water detention capacity allows for a single UWHS to harvest from and dispense water to as many a…

#BTOpinion: Mapletree's support for MCT-MNACT merger may raise expectations of other Reit sponsors In this week's #Mark2Market, BT's Ben Paul notes that Mapletree Investments' move to stump up as much as S$2.2 billion in…