The Business Times

🎧Battling bank-related phishing scams With the growing threat of phishing scams and recent incidents involving high-profile banks, who bears the most responsibility? How can consumers better safeguard themselves? Senior…

#BTLifestyle: Living with art With its minimalist colour palette and spacious layout, “it feels like we are in a different world once we enter the home,” says the owner.

Over half of SMEs in Asean optimistic about economic outlook: study Those in Indonesia were by far the most optimistic, with 75% expressing confidence in the economy – in contrast to a minority of 42% in Singapore.

#BTLifestyle: Sotheby’s returns to Singapore after 15-year absence Demand from collectors in Singapore and across South-east Asia has grown exponentially in recent years, with participants up by 75% in the last 5 years.

#BTLifestyle: Budding talent needs time to blossom at Ce Soir Eating here feels like a cooking contest, with Singaporean chef Koh Han Jie pulling out everything in his arsenal to impress.

Zouk Group to recoup pandemic losses by end-2022; makes new F&B and nightlife plans Andrew Li, chief executive of Zouk Group, is "a hundred per cent” certain that its Singapore nightclub takings alone will cover for 2 ye…

US House gives Biden a win with massive bill on climate change, drug prices The House voted 220-207 along party lines to pass the measure titled the “Inflation Reduction Act” and send it on to Biden to sign into law.

🎧 Happier days ahead for markets? (Ep 7) With US inflation finally easing from a four-decade high, are things finally looking up for markets? Find out in this week's Market Focus: bt.sg/wUMJ Also available on Apple, Spo…

China Tourism seeks US$2.16b in Hong Kong's biggest listing so far in 2022: term sheet Shanghai-listed China Tourism is planning to sell 102.76 million shares priced between HK$143.50 and HK$165.50 each, the term sheet s…

#BRUNCH: Hell and its makeovers Is it even possible for Haw Par Villa, Singapore’s most bizarre theme park, to once again see success that matched its glory days? Perhaps.

Malaysia Q2 GDP up 8.9% y-o-y, more than forecast This was faster than the 6.7% growth forecast in an earlier poll and up from the 5% annual rise in the previous quarter.

CDL swings back into the black with record S$1.1b profit in H1 The group is actively looking at share buyback and forging ahead with expansion into other segments of the accommodation spectrum

South Korea’s Yoon pardons Samsung leader Jay Y. Lee The pardon is largely symbolic, with Lee already out on parole after serving 18 months in jail for bribery.

China’s Didi EV joint venture with Li Auto applies for bankruptcy: court Scrutiny from Beijing for suspected violation of data security has forced Didi to de-list from the New York Stock Exchange and reined in its busine…

Hong Kong population drops by record as people flee Covid curbs The city saw a decline of 121,500 residents in the year ended Jun 30, leaving the population at about 7.29 million — the biggest drop in at least 6 decades.

Singapore’s inaugural green bond issue sees public offer fully subscribed at 1.06 times All valid applicants who applied for the bonds received allotments either in full or in part.

🎧 Hope for your disrupted supply chain With analysts claiming that a ‘normal’ supply chain is unlikely for 2022, how can your small business build a resilient, diversified and green supply chain? Correspondent Howie Lim…

Need for speed as the world moves towards net zero Asia-Pacific is home to half of the world's largest carbon-emitting countries. “If Asia doesn’t get the transition right, the world doesn’t,” says Blackrock.

Singapore not expected to face technical recession despite downward revision of Q2 growth Still, given the weakened global economic environment, it should not be surprising to “see some negatives” for quarter-on-quarter…

JPMorgan gold traders found guilty in Chicago spoofing trial "They had the power to move the market, the power to manipulate the worldwide price of gold," said the prosecution in the US Justice Department's biggest case…

Thailand hikes rate for first time since 2018 to tame hot inflation The Bank of Thailand, which had been among Asia’s least hawkish central banks, finally joined most of its peers in raising rates as consumer inflation h…

Singapore’s tax revenue surges 22.4% to S$60.7b on low year-ago base The rise in corporate and personal income taxes reflected stronger earnings, as well as the deferment of tax payments in FY2020/21 to help businesses c…

Condo, HDB rents continue climb in July, but growth slows: SRX, 99.co All room types experienced rental price increases. 3-room, 4-room, 5-room and executive rents respectively rose 19.7%, 17.4%, 20.9% and 15% year on ye…

Hospitality hiring intensifies as visitors return to Singapore – but staff are hard to find The number of job listings at Hilton, Pan Pacific, Four Seasons, Accor and Marriott ranged from 81 to 229 across their respectiv…

Grab commits US$1m for scholarships, adds new centre for merchants The programme will cover tuition and study-related expenses for underprivileged children to attend primary, secondary or vocational schools as well as un…

Singapore secured S$6.3b in fixed asset investment commitments in Q2 When these projects are fully implemented, they are expected to generate S$6.1 billion of value-added and create more than 5,100 jobs in the coming yea…

Singapore upgrades 2022 trade forecast again amid higher forecast for oil and electronics trade Total merchandise trade is now projected to grow 15-16% in 2022, instead of 8-10%.

MTI narrows Singapore’s full-year growth forecast; Q2 growth revised down to 4.4% “Since May, the global economic environment has deteriorated further,” said MTI. Downside risks in the global economy “remain significant”…

#BTOpinion: Hong Kong fiddles while the world moves on Hong Kong built its prosperity and hub role on openness and connectivity; it’s hard to see what its value proposition is if it remains more difficult to travel to th…

Alibaba helps South Korean grocery pioneer take K-food to Singapore Good news if you crave frozen snacks and Korean-style cold soba from Gwanghwamun Mijin, a decades-old restaurant in Seoul.