The Business Times

Asia: Markets track post-Fed surge on Wall Street, but caution urged Analysts cautioned that the initial joy could be short-lived as the global economy continued to face several headwinds and inflation would not likely c…

Stopping new angpow notes could save emissions equal to annual power for 430 HDB flats About 100 million pieces of new notes for Lunar New Year and other festive periods are issued annually - and its carbon footprint mak…

Fed jacks rate up by 75 basis points; another big hike may follow if intense inflation persists “I do not think the US is currently in a recession,” said Fed Chair Jerome Powell, citing an unemployment rate that is still…

USD impact on Singapore companies blunted by SGD strength: analysts While the SGD has depreciated 2.5% against the USD since the beginning of this year, it has appreciated 8% against the euro and 15.4% against the yen.

#BTOpinion: Common digital format for sustainability reports more useful than dressed-up pages Sustainability reporting must evolve into something more tangible and useful for the average investor.

SMEs cut back on capital expenditure as interest rates rise Some SMEs told BT that they have yet to feel the impact of the rate hikes, though they are making preparations as a buffer.

Singapore wealth fund spots rental opportunity in China property "Housing for the middle class and lower middle class is still a heightened need so, from the real estate point of view, we have partnered with a couple of…

APAC remote hiring jumps 159% in H1 as companies face talent crunch globally: Deel The top 3 fastest-growing countries in APAC by the organisations’ rate of hiring since H2 2021 are Australia, Singapore and India.

Singapore Savings Bonds applications for August issue surge by 85% Applicants of the August issue who applied for the quantity ceiling of S$9,000 or lower were fully allotted.

FB posts on new project at Chuan Park: A case of putting cart before the horse? A Facebook page called Residences At Chuan was created and posts made on Jul 16 - the day after Chuan Park’s owners received a circular info…

Sustainability on the verge of becoming ‘very economically impactful’: GIC group CIO GIC's group chief investment officer Dr Jeffrey Jaensubhakij says that with the effects of climate change becoming more obvious, govern…

ACT Holdings said to be selling shophouse portfolio to SilkRoad Property Partners Observers estimate a total price of about S$110m to S$115m for the properties along Mosque Street, Pagoda Street and Craig Road.

Euro-Asia Apartments sold to KSH Holdings’ indirect subsidiary for S$222.18 million KSH Ultra Unity (KSHUU), KSH’s indirect 49 per cent-owned associated company, won the bid for the 84-unit development at 1037 Serangoon…

SIN Capital investors aggrieved as their fate remains cloudy in RRJ’s buyout of Fullerton Health Under the Hong Kong-based private equity fund RRJ Capital's buyout of Fullerton Health, the 3 co-founders, including David…

GIC’s 20-year annualised return at 4.2%; rebalances portfolio to keep up with inflation GIC said that it has been increasing its allocation to certain high-growth asset classes, such as private equity, that “can provide…

Rise of ‘buy now, pay later’ creates a blind spot Lenders are stuck with an incomplete view of a person’s track record as individuals could have credit histories across several BNPL providers.

Make it mandatory for AGMs to go hybrid, with live participation Sadly, as of now, most listed companies are still using Covid-19 as an excuse to conduct AGMs on a virtual mode with limited shareholder participation, say…

A*Star, NUS joint venture opens facility to boost marine and offshore engineering sector The facility, which boasts a 50 metre-deep pit, will allow researchers to simulate and better understand complex marine environment…

#BTOpinion: Buying frenzy at AMO Residence ups the ante on whether more property cooling measures are needed Could the new pricing norm for a new 3-bedroom condominium unit of around 960 square feet, which is about the s…

#BTOpinion: GCB market may be hurt by higher taxes and weaker wealth creation Regardless of the source of their fortunes, many of the super-rich buy palatial homes. However, some engines of wealth generation are stalling…

Clarke Quay to undergo S$62m asset enhancement initiative Clarke Quay has been rebranded to CQ @ Clarke Quay and will continue to operate throughout the AEI, which is due to be carried out in phases from the third quarte…

Singapore factory output growth cools to 2.2% in June amid electronics slowdown, chemicals decline Output in Singapore’s key semiconductors segment shrank by 2.6%, reversing the previous month’s expansion.

Here's a look back at the developing Chuan Park sale, the largest collective sale to have been sealed so far this year: 1. Chuan Park homeowners to get proceeds of S$1.16m to S$2.53m; some unhappy over lack of timely upd…

#BTOpinion: More information from Reit managers could comfort investors as inflation, interest rates surge Reit managers should put out information about how rising utility rates and interest rates could impact distribut…

Make an impact with philanthropy: WealthBT Ep 16 Philanthropy is almost always associated with very wealthy families. If you have less wealth but many good intentions, can you also engage in philanthropy? Genevieve Cua s…

Chuan Park homeowners to get proceeds of S$1.16m to S$2.53m; some unhappy over lack of timely updates At a 3-hour long meeting last night, some owners were unhappy over what they felt was a lack of timely updates leading…

Singapore inflation busts analyst forecasts in June; more MAS policy tightening expected The increase was sharpest for households in the top 20% of income.

SIA maintains safe distance from shareholders even as passenger load factors recover strongly #BTOpinion: With the risks associated with Covid-19 receding, companies should not be allowed to take the path of least resist…

GuocoLand CEO has his sights set on creating a multi-platform real estate company GuocoLand CEO Cheng Hsing Yao says the group is keen to beef up its investment portfolio, which will set the stage for the growth of its a…

Meyer Park launched for collective sale at S$420m reserve price This marks the first time Meyer Park has obtained the requisite 80% owners’ consent to a collective sale, despite 4 attempts in the past to go en bloc.