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The Business Times

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South-east Asia's leading financial news site.

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Пости за Квітень 2022

384 публікацій

#BTLifestyle: Fish tales at Poisson Good seafood done well never goes wrong, yet it’s always forgotten in a sea of fancy concepts and slick PR-speak. Is Poisson the right place to look for a good catch?

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#BTLifestyle: The 12 best country pavilions at Venice Biennale From Uganda to the US, here are the best country pavilions at the world's biggest art show.

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#BTLifestyle: Finding balance in the corporate world High-flying executives who leave the rat race find fulfillment in new wellness careers.

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SO/ Singapore hotel opposite Lau Pa Sat being sold at S$1.8m per room: sources Before this, the highest price for a Singapore hotel was the S$1.534 million paid per key for the 2013 sale of The Westin Singapore within th…

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#BRUNCH: Singapore firms undeterred by Chinese rule-book changes Granted, the crackdown climate still poses significant drawbacks, such as business uncertainty. Investors remain worried about the potential regulatory cha…

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Results roundup: 1. DBS Q1 profit down 10% to S$1.8b; CEO expects upside from rate hikes in coming quarters bt.sg/3hC7 2. UOB Q1 net profit falls 10% to S$906m; CFO sees improvements ahead bt.sg/3hC8 3. OCBC flags volati…

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Grab-Singtel and Sea Group consortia win Malaysia digital bank licences The other 3 winners include e-wallet company Boost Holdings and RHB Bank consortium; a consortium of Aeon Financial Service, Aeon Credit Service and…

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Cuscaden offers S$0.9372 per SPH Reit unit, 3.9% below last traded price Cuscaden said it does not intend to "actively pursue the delisting of SPH Reit".

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PODCAST: Investment opportunities post cooling measures (PropertyBT Ep 6) What should property investors do in the wake of the property cooling measures introduced late last year? Are homes still a good investment? #btpo…

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Twitter scraps opening event at Singapore HQ day after Elon Musk buyout The launch event was supposed to happen on April 28. While no explanation was provided, this comes right after news of Elon Musk's proposed US$44 bi…

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Foreign workers to drive job growth in 2022 as Singapore economy reopens Some 21,600 jobs gained in Q1 were in construction. Services employment rose by 11,600, excluding migrant domestic workers, and the manufacturing s…

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Singapore banks raise promotional rates in race for deposits Banks in Singapore have launched a series of fixed deposit promotions in the past month, with rates going up to 1.3% for 24-month tenures, as of this week.

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Changi Airport mulls adding new flights amid manpower constraints There are concerns that additional flights, along with rising passenger loads, could lead to poorer passenger service, including delays in baggage collect…

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Singapore employment grows by 41,100 in Q1 2022 as construction workers return Unemployment is now on a par with pre-pandemic levels as well. Overall unemployment ticked up to 2.2% in March, from 2.1% in February.

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Sembmarine-Keppel O&M merger clears up a S$500 million mystery Shareholders of Sembmarine who supported the company’s deeply discounted rights issues over the last 2 years may well wonder if it was all worth it.

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Sustainability-linked loans trump other green finance for Singapore property firms Green and sustainability-linked debt clinched by Singapore companies across all sectors in 2021 surged to S$163.2 billion, which is almos…

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Businesses and workers need to find new ways to emerge stronger from pandemic: Tan See Leng One focus is upskilling workers through means such as company-training committees, while also expanding progressive wages to mor…

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BT’s Top Stories from Last Week 1. China port delays spur ships to bypass Singapore for fuel stop bt.sg/3eCh 2. With Sers and Vers, HDB homes can trump private leasehold homes bt.sg/3dXh 3. Expat bankers fleeing Hong Kon…

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'On-demand salary' apps gain pace in South-east Asia, but questions loom 'In a climate where we’ve got on-demand TV and on-demand food, why do we not have on-demand pay, particularly when a big segment of the workforce c…

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MAS aims to reach conclusion on Noble Group matter by Q3; investigations into Hyflux, EHT still ongoing It also plans to focus on holding senior managers accountable for breaches by their financial institutions or subord…

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Tesla loses US$126b in value amid Musk Twitter deal funding concern Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose publicly where his cash for…

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Olive Rd GCB sold for S$50.2 million Buyer is grandson of late property magnate and hotelier Wee Thiam Siew. The property is part of the Caldecott Hill Good Class Bungalow (GCB) Area, works out to S$1,800 per square foot…

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#BTOPINION: Yangzijiang Financial listing creates battle among smallest constituents to remain in the index In the latest #HOCKLOCKSIEW, BT writes that given potential shake-ups in the STI, management of the smallest STI…

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Sheng Siong's Q1 FY22 net profit up 13.9% year on year As inflationary pressures mount, Sheng Siong noted that consumers are “increasingly concerned with the higher cost of living and may choose to dine-in more at home,”…

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South-east Asia could draw some investors away from China as virus lockdowns bite Survey respondents were asked to rank markets that are likely to attract the most investment over the next 3 years. Economies on the leade…

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Sembmarine, Keppel O&M units to merge; Keppel to realise S$9.4b in value The proposed combination is based on a 50-50 enterprise value ratio between Keppel O&M and Sembmarine. After the deal is completed, Keppel and its…

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F&B catering's back, but not at a sprint yet Despite an uptick in business, sales remain a fraction of pre-pandemic levels, and businesses remain concerned about curbs to events and the manpower shortage that has been pl…

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Investing post-pandemic: Start with these 3 sectors With borders reopening and economic growth creeping up, here are three sectors that should see a sustained recovery and can serve as a starting point for suitable inves…

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What you need to know about Elon Musk's US$44 billion Twitter deal Elon Musk reached an agreement to buy Twitter at his initial offer price of US$54.20 a share in cash in a transaction valued at about US$44 billion. BT t…

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Singapore Q1 GDP expected to be upgraded with better-than-expected March factory output On a seasonally adjusted month-on-month basis however, manufacturing output fell 12.6 per cent, while the figure is 6.1 per cent exc…

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