The Business Times

Singapore ranks third for most expensive flexible office space globally: Workthere The average cost of private office desk space in Singapore is US$834 a month, according to a statement from Workthere, a flexible office…

Telok Blangah House in Harbourfront up for collective sale with S$98m guide price The 9-storey property is located in Harbourfront, directly across shopping mall VivoCity and just at the gateway of Sentosa Island. It com…

ComfortDelGro to temporarily increase taxi fares on spike in fuel prices From April 4, for regular taxis, distance-timed rates will rise by 1 cent every 400m (or every 350m after 10km) and waiting-time fees will go up by…

Bumper dividends from pandemic winners in FY21 Analysts said the solid payout numbers are a reflection of improving financial performance, and they expect dividends for FY22 to be even stronger. BT's Raphael Lim dives in…

Ukraine says Russia wants to split nation, calls for more arms from West A local leader in the self-proclaimed Luhansk People's Republic said on Sunday that the region could soon hold a referendum on joining Russia, just…

Ng Yu Zhi slapped with 12 new charges from nickel trading fraud; total charges now at 105 Among the fresh charges, Ng was charged with receiving S$110.3 million in his personal bank accounts from Envy Asset Management, w…

Will Smith strikes Chris Rock in viral Oscars moment Rock had cracked a joke comparing Jada Pinkett Smith's tightly cropped hair to Demi Moore's appearance in the film G.I. Jane and suggesting she appear in a sequel. Wha…

Russian tankers going dark raises flags on sanctions evasion In the week ended Mar 25, there were at least 33 occurrences of so-called "dark activity" — operating while on-board systems to transmit their locations are tu…

Shanghai locks down half the city to nail growing Covid outbreak At 5.00 am on Monday (Mar 28), the city of 25 million people locked down areas east of the Huangpu River, which includes its financial district and industr…

Grab-Singtel among favourites to bag Malaysia's first digital banking licences A total of 29 consortiums submitted applications to Bank Negara in June 2020 to compete for 5 digital banking licences, which are expected to…

Elon Musk giving 'serious thought' to building a new social media platform Musk was responding to a Twitter user's question on whether he would consider building a social media platform consisting of an open source algor…

Temasek said to be pushing for removal of Bayer CEO Baumann The Singapore state investor has communicated its displeasure about current leadership to the company and supervisory board chairman Norbert Winkeljohann, sourc…

Foreign worker levy rebate for construction, marine shipyard sectors extended till June MOM and MND announced that the Foreign Worker Levy (FWL) rebate for work permit holders will be extended for another 3 months — at S…

#BTLifestyle: A peek into a Singaporean architect's own Bedok South apartment What happens when an architect and a designer get married? They go crazy with their marital home, of course — and that's exactly what Ivan Soh…

Russia-Ukraine war: Taking heed of geopolitical risks and potential hotspots The war's potential effect on global grain supply and food inflation is especially alarming, says Joachim Klement, who cautions that investors…

Why foreign investors are feeling jittery about China Foreign investors say that deeper, structural problems are sapping China's markets. The outflows have been more violent. And they have been accompanied by a global se…

#BTLifestyle: Fashion NFTs take to the runway in world's first Metaverse Fashion Week Dolce & Gabbana, Etro, Cavalli, Paco Rabanne, Tommy Hilfiger, Nicholas Kirkwood and Elie Saab are just some of the big brands particip…

The Sassoons were once Asia's top business dynasty "Silver and gold, silks, gums and spices, opium and cotton, wool and wheat — whatever moves over sea or land feels the hand or bears the mark of Sassoon & Co." Discover…

Asian banks 'falling short' on decarbonisation efforts, says study A review of 32 banks throughout East and Southeast Asia showed that none had made any clear commitments or adequate implementation plans to meet the goal…

Ukraine launches NFT 'Museum of War' in crypto crowdfunding push The 'Meta History: Museum of War' collection is a series of digital images — including silhouettes of warplanes, screengrabs of news reports and a cartoon-…

Singapore homes to see firm rents, more leasing deals when border with Malaysia reopens further Malaysian workers may opt not to extend their lease now that the travel curbs are being eased, while some tenants will also…

#BTLifestyle: Roberta's Pizza doesn't rise to expectations "But for all its bare-bones, self-service setup and zero ambience, the pricing is grown-up, with a basic nothing-on-it pizza clocking in at S$20, but the rest av…

#BTExplains: Stagflation and why it occurs Finance Minister Lawrence Wong has cautioned that Singapore could be adversely affected by global recession or stagflation if the Ukraine war is prolonged. How so? BT's Sharon S…

Domestic, border reopenings could further push up consumer prices amid scramble for labour Businesses facing manpower shortages may not be able to fully capitalise on the stronger demand or larger crowds from Singapore's…

Relaxing of safe management measures at sales galleries, border curbs could support new home sales Analysts say the bump in group size could help with sales as more prospective buyers will be able to visit sales gallerie…

New travel rules likely to boost Singapore hotels from mid-2022: analysts They also suspect it could take as long as until end next year before occupancy rates can approach pre-Covid levels.

Blockchain funds face ESG risks in data privacy, security, human capital: report Nearly half, or 22 of the 46 companies in the financial sector analysed have relatively high unmanaged risk scores in relation to product g…

Indonesia's export levy among factors that will heavily influence CPO prices, producers in 2022 Companies in the crude palm oil (CPO) industry had a good run in 2021 as favourable demand-supply dynamics kept the commodit…

Putin's war to wipe out 15 years of Russian economic growth Even after the immediate hit to Russia's economy, the economy will suffer for years to come from a so-called "brain drain" - the exodus of educated, middle clas…

When it comes to oil, the global economy is still hooked Shifting oil demand is difficult in the short term as it requires trillions of dollars to replace legacy infrastructure such as vehicles and equipment, said Alan G…