The Business Times

Over 4,500 BTO HDB flats launched, including in Bukit Merah, Queenstown under PLH model The other 3 projects are in the mature estate of Toa Payoh and non-mature estates of Jurong West and Yishun. The latter 2 projects a…

Singtel H2 net profit rises to S$994.5m; proposes final dividend of S$0.048 The bottomline growth came despite lower operating revenue, as the group’s exceptional items turned profitable from its loss booked the previous…

PODCAST: What is happening in the Singapore private homes market post the property cooling measures introduced late last year? In this episode, senior correspondent Leslie Yee also looks at prospects for new home buyers…

#BTOPINION: Supply chain woes, cost pressures present near-term challenges for Nio In the latest #HOCKLOCKSIEW, BT writes that though the long-term growth prospects for the EV industry remain intact, it may not be a fitt…

MAS imposes additional capital requirement on OCBC for spoofed SMS response The bank is required to apply a 1.3 times multiplier to its risk-weighted assets for operational risks which is approximately S$330 million in r…

Azalea’s Astrea 7 PE bonds overall 3 times subscribed at over US$2b Astrea 7, which was the largest offering of retail PE bonds in Singapore to date, was also the first time retail investors could access 2 classes of inv…

The Psychology of Scams Why have scams risen so sharply over the last two years? BT speaks to Z P Lee, CEO of Upcode Academy who exposed the SMS spoofing vulnerabilities of some companies and psychiatrist Dr Lim Boon Len…

Luna token relaunch kicks crypto hype machine back into gear Under the approved measure, the original blockchain will split off and be known as Terra Classic, while Luna, which plunged close to zero this month, will be r…

Singapore-listed US office Reits upbeat on outlook despite resistance in return to office The office sector clearly has its own set of challenges – namely the remote-working dynamic – in addition to the macroeconomic one…

Singapore retail rents and inflation moving in tandem may put retailers in a bind In certain retail segments, businesses could suffer a drop in sales volumes while having to cough up higher rents in an inflationary envir…

Ringgit likely to weaken further after breaching 4.40 against USD: analysts Within the region, the Singapore dollar continues to strengthen, especially against the ringgit. This has already spurred queues at money change…

Crying fowl: Poultry players scramble for supply of fresh, frozen chicken before Malaysia’s surprise ban kicks in “The demand hike is like 10 Chinese New Years combined into one period,” said a chicken importer.

COMMENTARY: Global dividends: a dependable source of return in uncertain times Dividends are currently in abundance and the outlook for dividend growth appears positive. Dividend-paying companies may also help to mitigat…

🇸🇬 Roundup of developments in Singapore's economy: 1. Singapore services export recovery lagged goods trade rebound as border closures hit travel 2. Singapore’s full-year growth will depend on how well manufacturing ho…

2 senior Grab executives quit as company rejigs unit to stem losses: sources The latest executive departures come as Grab’s losses rose to US$3.6 billion in 2021 from US$2.7 billion a year earlier, with investors focusin…

BT’s Top Stories from Last Week 1. How a trash-talking crypto founder caused a US$40b crash bt.sg/3jFM 2. Temasek’s Azalea launches Astrea 7 PE bonds with fixed coupon of 4.125% and 6% bt.sg/39gu 3. Henderson 5-room HDB…

More Singapore developers looking to hike condo launch prices The Q1 2022 survey showed that another 24 per cent expect new launch prices to maintain at the same price level, while only 5 per cent expect prices to be sub…

#BTOPINION: Can Sea’s fintech ambition excite investors the way Free Fire did? Investors shrugged off Sea's widened net loss and chose to focus on the strong momentum for e-commerce. In this #HOCKLOCKSIEW, BT questions i…

Futu Singapore caps settlement fee of US stocks and ETF trades The company said that it had capped the settlement fee at 1 per cent of the transaction amount per order with effect from May 23. This is lower than Tiger Br…

Property tax hikes won’t depress new launch prices, may hurt luxe home demand: NUS poll Demand for private homes in Singapore's prime areas or core central region (CCR) could permanently fall as a result of the higher pr…

Singapore Q1 GDP up by 3.7% but external demand outlook is weaker now: MTI Key downside risks to the economy include the ongoing Russian war in Ukraine and its potential escalation, deteriorations in the Covid-19 pandemi…

#BTOPINION: SIA’s mandatory convertible bonds worth a look now as yield rises, recovery takes off In the latest #HOCKLOCKSIEW, BT discusses SIA's MCBs and how it could offer an interesting investing opportunity amid grow…

CDL sees home sales drop 41% in Q1, expects market to firm up While the cooling measures have impacted transaction volumes momentarily, the group foresees the property market to “remain resilient and housing prices to ho…

Asia-Pac dividends up further in Q1, but Singapore let down by Singtel Singapore and Hong Kong had lower payouts in Q1 2022 compared to a year earlier.

Malaysia to halt chicken exports from June amid shortage The move is likely to impact neighbouring Singapore, which sources a third of its chicken supply from Malaysia, according to data from the Singapore Food Agency.

MCT, MNACT unitholders approve merger to create third largest Reit in Singapore The merged entity, to be named Mapletree Pan Asia Commercial Trust (MPACT), will have a theoretical market capitalisation of approximately S…

Defi believers never say die, even after they see Terra's demise "An algo stable will exist in the next 5-to-7 years," said Hassan Bassiri, a portfolio manager at Arca, which was an investor in Terra. "And it has to exis…

HDB launching some 4,500 BTO flats including 2 PLH projects in May The 2 PLH projects will be in the mature estates of Bukit Merah and Queenstown and there will be 1,660 units and 860 units respectively. Both projects wi…

Supplementary Budget? Economists look to more policy moves to mitigate Singapore inflation HSBC economist Yun Liu added in a report: “Singapore still has the fiscal room to introduce additional relief measures, such as c…

#BTOPINION: Suburban condos can continue to outperform prime ones In the latest #THELEVELGROUND, BT writes why one may be better off buying a home in the suburbs as a flat in Jurong, Tampines or Punggol will likely enjoy…