The Business Times

Pelosi meets Taiwan President Tsai Ing-wen; says US wants Taiwan to have freedom with security While respecting the “One China” policy, our solidarity with Taiwan is more important than ever, Pelosi said, during a joint…

Pelosi: a long history of provoking China over human rights As a junior congresswoman, just two years into her career, she was highly vocal about the June 4, 1989, Tiananmen crackdown on pro-Democracy demonstrators in Be…

5 Questions with Moovaz's founder Lee Junxian In this edition of #5Questions, digital moving concierge startup Moovaz's founder Lee Junxian, explains how his previous forays into fintech, cybersecurity and even an F&B bu…

Alibaba and Tencent face end of an era as sales start to shrink That spectacular run could officially end Thursday (Jul 28), when Alibaba is expected to record its first-ever decline in quarterly revenue - one of the few…

Alibaba, Perennial-led group to build Singapore’s tallest building, at 305 metres The URA has approved a 63-storey development comprising offices, some retail space, 215 apartments and a 11-suite hotel.

China to launch ‘targeted military operations’ after Pelosi’s Taiwan visit The exercises will include joint air and sea drills in the north, southwest, northeast of Taiwan, long range live firing in the Taiwan Strait, an…

OCBC Q2 profit rises 28% to S$1.48b; pays S$0.28 in dividends The lender also declared an interim dividend of S$0.28 per share for the period, up from S$0.25 previously.

#BTOpinion: Look out for GDP downgrade, but don’t fret over the ‘R’ word Recent manufacturing growth downgrades were likely a shock for economy watchers, who typically expect Singapore to upgrade – not cut – preliminary…

Singtel ups investment in corporate venture arm Innov8 to US$350m Singtel has upped its investment commitment to Singtel Innov8 by US$100 million to US$350 million to expand its portfolio investments into early and growt…

How hot and humid Singapore is trying to cool itself down The fear is that extreme heat could make Singapore uninhabitable - with a 2015 climate study predicting that Singapore’s daily mean temperature could rise by betw…

Changi Airport leads regional recovery; weekly passenger traffic at 55% of pre-Covid levels in July As of the first week of July, weekly passenger traffic at Changi Airport had recovered to 55 per cent of 2019’s average…

CPF interest rate floors being maintained in face of inflation: Tan See Leng The Ordinary Account (OA) interest rate is pegged to the 3-month average fixed deposit and savings rates of the 3 major local banks: DBS, UOB a…

APAC sustainable bond volume slows in H1, but outlook is resilient: Moody’s Asia-Pacific issuers are diversifying into sustainability-linked bonds from traditional green bonds.

S$60m taken in Enterprise Financing Scheme-Green loans since Oct 2021 The Enterprise Sustainability Programme has also seen over 300 local SMEs participating in awareness and education programmes, while over 40 sustainab…

This is why China is so on edge about Nancy Pelosi's visit to Taiwan Pelosi's trip caps a decades-long record of pushing back against China for its human-rights record and growing global clout. Her stop is bound to furth…

Singapore launches online marketplace for infrastructure projects Besides showcasing regional infrastructure projects, the online marketplace will also connect public and private sector parties and develop partnerships.

#BTOpinion: As tourism rebounds, the chips are falling nicely back in place for Genting Singapore Despite lingering grey clouds, Genting Singapore enjoyed boosts from Singapore’s wage support scheme, high inoculation rat…

🎧PODCAST: The art market consistently returns 7.6% to investors and contemporary art investments have outperformed the S&P 500 over the last 25 years. But investing in fine art carries big risks, and there's no interest…

#BTOpinion: Why you won’t achieve your goals by spending to save Younger millennials and Gen Z investors who have some savings and adequate insurance coverage should consider being more aggressive and increase their expo…

Singapore’s market cap up 2.5% in July as investors shrug off inflation, recession fears The combined value of the 30 Straits Times Index stocks was up 4% or S$20.4 billion from June to S$534.5 billion.

6 in 10 Singapore residents may have had Covid-19, but continued vaccination still key: Ong Ye Kung While most Singapore residents may already have had Covid-19, Ong cautioned that this does not confer ‘herd immunity’, b…

Most SkillsFuture overpayments occurred when IT system still used declaration-based approach SkillsFuture Singapore has contacted all affected parties for recovery of overpaid funds and they “will be given time to check…

MAS’ S$7.4b loss due to currency effect; does not affect performance, government budget MAS' net loss has no bearing on its investment performance, the international purchasing power of the official foreign reserves nor…

Income lags inflation for 40% of DBS’ customers; low-income group, seniors vulnerable The lowest income group spends almost the entirety of their income, with a significantly higher expense-to-income ratio of 94% in May…

Silver lining for savers and retirees as rates rise: More 3-in-1 options Topping up your Retirement Account (RA)/CPF Life is a must as the RA interest rate is the highest within the CPF at up to 6% for those age 55 and o…

#BTOpinion: Readers hated my take on bank phishing scams, but here’s what they are missing Should banks bear all phishing scam losses? While our BT senior correspondent Ben Paul thinks so here ( many readers feel otherwi…

Time to talk about talent retention in Singapore’s newsrooms Less than half (44%) of Singapore journalists recommend their own careers to others, while a third (33%) are looking to move next year, found a survey. So what…

Rising rates intensify Asean’s debt burdens, but financial crisis remains unlikely: analysts Unwinding the pandemic-induced surge in public debt will be challenging for Asean and India, while medium-term growth is expect…