The Business Times

Ex-Goldman banker wasn't even at key 1MDB meetings, witness says Roger Ng's lawyers began presenting his defence Thursday (Mar 24), trying to show that Leissner met multiple times with Low and others involved in the 1MDB…

#BTOPINION: Time for Keppel to build capabilities, and not just gather assets While Keppel is still pursuing arbitration proceedings against SPH for walking away from Keppel's offer, what is clear is that there is little…

CIX partners Carbonplace to lower entry barriers to voluntary carbon market Carbonplace - started by BNP Paribas, CIBC, Itau Unibanco, National Australia Bank, NatWest Group, Standard Chartered and UBS - will perform the…

PODCAST: In this episode, Leslie delves into the topic of purchasing Build-To-Order (BTO) flats from the Housing & Development Board (HDB). He suggests raising the income ceiling so more people can snare the highly sough…

Singapore capital dominates Asian outbound real estate investment in 2021 Singaporean investors splashed out US$32 billion overseas — up 164% year on year — across 6 transactions, largely in the US and in logistics asset…

#BRUNCH: Formula 1's race to net-zero With a target to achieve a net-zero carbon footprint by 2030 which includes developing carbon-neutral engines that run on sustainable fuel by 2025, the motorsport will see some major…

Singapore homes to see firm rents, more leasing deals when border with Malaysia reopens further For now, tenants will still have to ride out their existing rental contracts, but many Malaysian tenants may not renew their…

Epstein's Caribbean islands list for US$125m: WSJ The US Virgin Islands property — Great St James and Little St James — spans about 230 acres (93 ha), according to the listing, termed the "Jameses". The smaller of the is…

Nearly 50% of foreign firms in Hong Kong plan to relocate staff Around 25 per cent of responding companies said they planned to fully relocate out of Hong Kong in the next year, according to a new survey from the Europea…

Global trade, investment system 'under enormous strain'; Singapore must stay competitive in 'dangerous world': PM Lee The ongoing war in Ukraine, which was invaded last month by neighbouring Russia, is expected to "funda…

Ukraine war could push US into 'stagflationary' era, warns Powell In a speech to the National Association of Business Economics (NABE) earlier this week, he said the only precedent for the current spike in energy and con…

Singapore factory output in February rebounds sharply by 17.6%, highest level in 8 months Industrial output jumped 17.6 per cent year on year in February from the previous month's 2.4 per cent on the back of a surge in e…

Current income cap to own BTO flats still reasonable for now: analysts With home prices rising rapidly recently, raising the income cap may be an option to allow more families to own homes. However, analysts BT spoke to…

Can former 5-year extensions save us from soaring COE prices in 2022? As our motoring correspondent Leow Ju-Len predicted, COE prices have been through the roof lately — even in the most recent round of bidding. In this…

Outbound travel to trump inbound travel in the short term with reopening The removals of both on-arrival testing and the need for Vaccinated Travel Passes look to be "impactful milestones" that will improve the travellin…

Biden seeks more military aid to Ukraine as West showcases unity against Russian war US President Joe Biden told the closed-door session that he was in favour of sending more troops to Nato's eastern flank, said a senior…

Overjoyed F&B owners fret over labour crunch as dining limits double The changes took some in the industry by surprise, particularly because Singapore has not allowed more than 8 to dine in together since the pandemic st…

Thailand bans use of cryptocurrencies as a method of payment While the restrictions on use of digital currencies for transactions will be effective starting Apr 1, companies in South-east Asia's second-largest economy wi…

Digital wallets continue to displace cash; data shows opportunities in Malaysia, Thailand There are also significant differences in the level of popularity and acceptance of e-wallets. Consumers in Malaysia and Thailand,…

PODCAST: With product scarcity and bottleneck issues in the global supply chain, how can your business rethink its e-commerce strategy in order to stay resilient? Correspondent Howie Lim speaks to Lalamove’s managing dir…

Tech stocks that rely on gig workers must address the social aspect of ESG In the latest #HOCKLOCKSIEW, BT highlights that ESG-minded investors should pay more attention to tech platforms like Grab and GoTo Group especia…

Salary of UOB chief executive Wee Ee Cheong up 11.5% to S$10.9m in 2021 This is compared with the S$9.8 million he received in 2020. Then, his salary was down 8.8 per cent from a year earlier, amid a challenging business…

Current income cap to own BTO flats still reasonable for now: analysts Wong Siew Ying, head of research and content at PropNex Realty, noted that raising the income ceiling will enable more people to ballot for BTO flats…

Alibaba's upscaled buyback may be a sign of things to come Alibaba shares soared as much as 13 per cent in New York on Tuesday (Mar 22) after the e-commerce giant ramped up its repurchase program, fueling rallies in the…

No need for tests, quarantine for vaccinated land travel between Singapore, Malaysia from Apr 1; private cars may cross This means that in addition to designated vaccinated travel bus services, fully vaccinated traveller…

SAP, EDB launch new S$250m engineering lab in Singapore SAP aims to hire 200 digital professionals for the new facility this year, intending to bring its headcount in Singapore to more than 500 such employees by 2025.

Ukraine war, scams among threats to Singapore's digital economy growth: Josephine Teo Teo also noted that the digital economy has created many jobs for Singaporeans, but with the fast and increasing pace of digitalisatio…

SPH seeks to buy back outstanding S$500m of 3.2% notes due 2030 Noteholders are invited to sell back their notes to the company, in cash, at a purchase price of 100.75 per cent of the principal amount from Mar 24 until t…

Fully-vaccinated Singapore residents, long-term pass holders no longer need to pay for Covid-19 treatment post-travel The change applies to fully-vaccinated travellers returning from countries or regions under the Genera…