The Business Times

#BTOpinion: Singapore needs appropriate laws, enforcement mechanisms to handle debacles like Noble bust Many investors may feel that Noble’s comeuppance had come too late and the penalties meted out also seem less than a…

Lim How Teck steps down as chairman of Temasek-backed Heliconia Capital, months after police arrest This also means Lim would be vacating his position as a member of the group’s audit and risk committee, as well as nomin…

How Chinese private equity firms got scammed by their own sales teams Dozens of small and mid-sized private fund management (PFM) companies in China have come forward to say they’ve been scammed out of salary payments —…

Deals fall through for 22 units at Draycott Eight, Parkview Square in Bugis Observers say this is due mainly to reasons specific to the respective deals, though geopolitical uncertainties and rising interest rates have a…

Singapore family office scene set to soar in sophistication More women are setting up family offices and taking charge of their own philanthropic initiatives - and they tend to donate to a higher number of charities vers…

Masks optional in most indoor settings from Aug 29; businesses have no plans for separate rules Nightlife businesses say they intend to follow government rules and keep masks optional. “We’ll leave it up to the individua…

Singapore sees more US-listed Chinese companies coming to its shores The bourse’s effort to woo Chinese firms comes as they face greater regulatory and delisting risks stateside, prompting a hunt for alternative venues i…

#BTOpinion: These 5 stocks have yields that match or beat Singapore government bonds ComfortDelGro, with its net cash position of S$602.6 million, may deserve a slot in an income investor’s portfolio, especially as it be…

CPFIS funds performance down 14% in the last year, but positive over 3-year period Still, CPFIS funds outperformed the MSCI World Index, which fell 13.8% in the quarter ended Jun 30.

Noble fined S$12.6m for misleading financial statements According to the authorities, Noble’s publication of materially misleading financial statements from 2016 to 2018 were likely to have induced the buying or selling…

From next Monday (Aug 29), you will not need to wear a mask indoors except on public transport and in healthcare settings. Here’s what you need to know:

[BREAKING] HSA authorises Moderna’s Spikevax Covid-19 vaccine for children 6 months to 5 years old Children aged between 5 and 11 are also now recommended to take a booster of of the Pfizer-BioNTech or Comirnaty vaccine,…

[BREAKING] No more quarantine for non-fully vaccinated travellers entering Singapore The current requirement for non-fully vaccinated long-term pass holders and short-term visitors aged 13 and above to apply for entry ap…

[BREAKING] Masks no longer needed indoors from Aug 29 except for public transport, healthcare settings Masks must still be worn on public buses and trains, as well as in indoor public transport facilities such as the boa…

Malaysia hopes to speed up revival of Singapore-KL High Speed Rail, plans for extension to Bangkok Malaysian Prime Minister Ismail Sabri Yaakob added that the Singapore-KL high-speed rail could connect all the way to Ban…

Asia-Pacific Q2 dividends decline 13% to US$39.1 billion: Janus Henderson index Singapore saw dividends rise 41.9% to US$3.5 billion as the 3 local banks increased their payouts, following the lifting of central bank res…

FTSE 100 bosses saw 39% jump in pay in 2021: study The median pay for the chief executives rose to £3.41 million (S$5.61 million) - 109 times the average wage of a full-time worker in the UK.

Sharp rebound in tourism sector fuels Vietnam’s post-pandemic economic recovery Vietnam's tourism sector is poised for strong growth over the next 5 years, with international tourism receipts expected to surpass pre-pand…

Relocation of Paya Lebar Air Base could enhance en bloc prospects of some neighbouring condos: analysts The earliest the first BTO project would be ready is about 5 years after the relocation of the air base, according t…

Top court upholds Najib's jail sentence in 1MDB scandal “Based on the foregoing, it is our unanimous view that the evidence led during the trial points overwhelmingly to guilt on all seven charges,” said Chief Justice Ma…

Japan set to allow more tourists to enter; ease Covid test rule Authorities are also considering a gradual easing of testing requirements, such as initially exempting fully vaccinated people, the Nikkei newspaper reporte…

With flush of early-stage capital, tech founder salaries are tasting less like instant ramen In South-east Asia, CEOs that have raised up to US$5 million have a median salary of US$2,600 a month. This shoots up to US$11,…

Tanglin Club appoints new president; past presidents make plea to seek court redress Chong Zhi Cheng, the club’s new president was said to have played a pivotal role in the investigation of former president Yeoh En Lai’s…

Singapore core inflation rises to 4.8% in July but official full-year forecasts unchanged July’s headline inflation - which includes accommodation and private transport costs - hits 7%, up from 6.7% in June, representing…

#BTOpinion: Big bets on expanding MBS and RWS could pay off despite economic risks For one, Singapore could gain as tight restrictions in Macau, which is pursuing a Covid-zero strategy, may drive visitors to Singapore’s…

Google beefs up Singapore investments, cloud unit inks AI partnership with govt Under Google's enhanced traineeship programme, 60 Singaporeans will receive 12 months of full-time training in digital marketing or professi…

#BTOpinion: SIA should address how it plans to manage interests of Temasek, minority investors When SIA was asked how it manages the interests of its equity holders versus those of its mandatory convertible bond (MCB) ho…

Singapore’s new talent attraction initiatives could include special visas, relocation grants: observers Singapore could roll out visas specific to a particular sector, demographic or even lifestyle – such as the hotly-di…

Malaysian ringgit losing grip to Fed’s hawkish stance, depreciates to RM4.48 against USD The currency traded at RM4.4850 against the greenback on Monday (Aug 22), the lowest since January 2017 at RM4.4975. Against the Si…