The Business Times

#BTLifestyle: Big wins at the Singapore Garden Festival Don’t miss these gardens that won the hearts of visitors and the judges, see who walked away with top awards at this year’s show.

#BTLifestyle: Home-grown creators Meet a group of creatives who give their personal take on the made-in-Singapore label.

🎧 PODCAST: In this week's Market Focus, we take a look at notable company earnings and how geopolitical tensions have impacted the market. #marketfocus #btpodcasts Listen here: bt.sg/UCa7 For more Market Focus: bt.sg/mk…

Sembcorp may reward investors with special dividend for FY2022 as H1 profit outperforms Sembcorp’s net profit shot up to S$490 million for the half-year period from S$46 million a year ago, thanks to higher electricity p…

#Brunch: All hail the King of Fruits What’s clear these days is that the durian – an item banned in most public places – is fast becoming the new gold mine for investors.

Starburst directors charged for alleged corruption, falsification of accounts The duo – Yap Tin Foo and Edward Lim Chin Wah – allegedly instigated officers to issue falsified subcontracts and generate false invoices whic…

Singapore retail sales grow 14.8% in June from low base in 2021, but slower than previous month Most retail categories saw year-on-year growth in sales, with the wearing apparel and footwear industry registering the high…

Credit Suisse mulls cutting thousands of jobs globally, report says The Swiss bank is examining inefficiencies in its middle and back office, in addition to efforts to reshape its investment bank.

BlackRock teams up with Coinbase in crypto market expansion The focus of the partnership with Coinbase, the biggest US crypto-trading platform, “will initially be on Bitcoin”, BlackRock said.

Singapore Airlines cancels 2 flights amid live-firing military exercises around Taiwan China is conducting live-fire military exercises from Thursday to Sunday, following US House Speaker Nancy Pelosi's visit to the self…

StarHub H1 net profit falls by 10.3% to S$60.9m despite 8.7% higher revenue The gain in revenue was mainly due to higher contributions from mobile, broadband, entertainment and enterprise business, offset by lower sales…

Singapore banks see Q2 earnings bump amid rate hikes; CEOs express cautious optimism for rest of 2022 Meanwhile, China’s ongoing property debt crisis and uncertainties around Covid-19 lockdowns are additional wildcards f…

How a celebrity CEO's rule of fear helped bring down hot startup Zilingo Interviews with more than 60 people, including current and former staff, investors, and friends of the key players, suggest that Zilingo struggled…

Investor interest in apps that ‘advances’ payday grows; rising rates, regulation may cap enthusiasm “It feels like the early days of the buy now, pay later market, where the absence of regulations and market supervision…

Vacancies for financial services execs jump 76% in 2021 to 6-year high: Robert Walters Demand still far outstrips supply in this candidate-short market, with challenges including tighter employment pass and S pass requir…

TikTok expands into e-commerce in Singapore with new solution TikTok is ramping up its foray into the online shopping space and pitting itself against social media peers like Facebook and pure-play e-commerce sites.

Hundreds of ultra-rich Chinese eyeing move to Singapore, generating US$2.4b inflows: consultant The number of HNW individuals in China are so great that even if 10,000 of them left, this would only represent around 1% of…

Malaysia says ban on chicken exports expected to end on Aug 31 Malaysia now has a slight oversupply of chicken following the export ban.

Luxury brands Gucci, Tiffany dive into NFTs despite slump Tiffany will use NFTs as a digital passport to make custom physical jewellery for crypto aficionados.

Singapore to sell up to S$2.4b of 50-year bonds in inaugural sovereign green offering S$50 million of bonds will be set aside for retail investors, who can start applying for the bonds from 9am on Aug 5 to noon on Aug 10…

HDB resale deals jump 10.5% in July; prices inch up as market moderates: SRX, 99.co A 5-room loft apartment at SkyTerrace@Dawson set a new record for the most expensive HDB flat sold at S$1.418 million, while Marine Para…

VC deals in Asean at record US$20b high in 2021; uncertainty over exits in 2022 VC investments in South-east Asia in 2021 grew twice as quickly as the rest of Asia, recording US$7.7 billion in deal value from 416 deals.

Revolut launches cryptocurrency trading in Singapore Revolut said the exchange process lets customers convert 27 fiat currencies, gold or silver into cryptocurrencies in one step and with no foreign exchange fees.

DBS beats forecasts with Q2 earnings up 7%, boosted by interest rate hikes This also marks the second-highest quarterly profit in the bank's history.

#BTOpinion: Sabre rattling aside, US and China have bigger domestic challenges to deal with Pelosi’s visit to Taiwan has triggered the start of a drawn-out repricing of broader foreign exchange and equity market risks in…

Singapore firms blame lack of budget, talent for sustainability struggles: report One-third of respondents listed insufficient knowledge and difficulties in integrating sustainability with overall business strategy, as r…

COE premiums for large cars and Open category dipped slightly This is the first tender exercise under a revised counting method for COEs aimed at reducing fluctuations in supply. Analyse historical COE data with The Busi…

BT’s Top Stories from Last Week 1. Buying frenzy at AMO Residence drives debate on need for more property cooling measures bt.sg/UVNN 2. Singapore Savings Bonds applications for August issue surge by 85% bt.sg/UriM 3. Cr…

Taiwan turmoil prompts detours and delays for global shipping As China ramps up military activity in the region, shippers may need to reroute vessels around the eastern side of the island, rather than through the busy wa…

Singapore corporate governance improving; SATS maintains lead in governance index The trio of local banks were still ranked in the top 10 companies on the Singapore Governance and Transparency Index in 2022.