The Business Times

➡️ Here's what you should know from the latest round of property cooling measures bt.sg/wh7r

Barclays to pay US$361m US fine for 'staggering' blunder Barclays disclosed in March this year that it had accidentally oversold complex structured and exchange-traded notes.

#BTExplains: What’s counted in ‘net zero’ Singapore What does it mean for Singapore to be net zero? BT looks at how emissions are calculated and where businesses fit in all this.

#BRUNCH: What type of investor are you? Whether you prefer to sit back, occasionally dip into the waters, or live for market blood baths, your risk appetites affect how you invest. 💰Read more on the biases behind your i…

Blended finance can help bridge gaps, fuel green transition in Asia: DPM Lawrence Wong “Asia will be the battleground for climate change, and we need to accelerate that green transition in Asia."

New property loan limits could feed demand for smaller flats, raise rentals further, curb overall buying Since buyers of HDB flats who use HDB housing loans will only be able to borrow a smaller loan quantum now, some ma…

Hong Kong plans 500,000 plane-ticket giveaway to lure tourists: media It will probably take one to two quarters for tourists to return to Hong Kong even after the remaining curbs are cancelled.

Quick takes: Will new loan limits, 15-month wait period finally cool property demand? This latest round of cooling measures has a more severe impact on the HDB resale market, say analysts. Especially for the bigger 5-roo…

Singapore hotels’ average room rate, revenues in August slip from July highs All hotel categories saw a decline in August, with average room rates of S$123.55 in the economy segment and S$513.56 in the luxury segment.

GIC seeks Japan property deals as yen falls and tourists return GIC's recent deal to buy properties from Japanese railway and hotel conglomerate Seibu Holdings hit the low single-digit billions of dollars.

Economists split on whether MAS tightening in October will be single or ‘double-barrelled’ move One analyst says further aggressive policy tightening is needed to dampen inflation pressures, as MAS’ moves were insufficie…

DBS offers similar rate as HDB home loan for housing board flats One of the deals lets new and existing owners of HDB flats who earn less than S$2,500 a month take out a mortgage from POSB, which is part of the DBS group…

[BREAKING] Housing loan limits – including for HDB loans – tightened in fresh measures to cool property market Total Debt Servicing Ratio, Mortgage Servicing Ratio and Loan-To-Value limits hardened; 15-month wait-out per…

Optus data hack could eat into Singtel’s profit The theft of data attached to 10 million customer accounts was the result of an error by SingTel's Optus so it had to pay for the consequences, the Australian government sa…

Chuan Park owners headed for mediation over en bloc sale of development BT understands that the Collective Sale Committee representing the majority owners have appointed Senior Counsel N Sreenivasan of K&L Gates Straits…

Why job redesign continues to be relevant in the post-Covid world dNata Singapore, for one, placed its employees on a 6-month career conversion programme for air transport coordinators, enabling them to take on new or ex…

#BTOpinion: Sembcorp walks the ‘green’ talk with sale of Indian coal power assets By generating 57.6% in total returns, Sembcorp stock "isn’t shabby at all, more so given the trilemma facing utilities players to grow div…

Moveon Technologies finds new uses for proven tech as it keeps moving on Optoelectronics player Moveon, which makes cameras for Dyson vacuum cleaners and Phillips irons, splurges about S$3 million a year on research and…

HSBC doubling down on South-east Asia, targeting double digit growth HSBC has launched tech funds for Singapore and South-east Asia, as well as for India, targeting high-growth businesses.

Rolex watches on sale in UK for US visitors as pound slumps A steel Rolex GMT-Master II that sells for US$11,289 in the US can be bought for US$9,293 in the UK with US dollars - a discount of 18%.

Angela Lee ready to make MMA history in One Championship title showdown “Going up to (the) strawweight (division) and capturing this second belt has been a goal of mine for many years now,” said 26-year-old Angela Lee, w…

URA, MOH launch Parry Avenue site for private assisted living development Located within the Rosyth Estate, at least 60% of the gross floor area must be used for assisted living – including assisted living units and comm…

Ringfencing consumer prepayments by law would mean higher business costs: lawyers If prepayments were protected by law, it may result in price increases for gym memberships or decrease in service levels, says a lawyer.

Singapore food vendors launch first hawker centre in New York Look out for chilli crab, oyster omelettes, Hainanese chicken rice or nasi lemak in Manhattan's Urban Hawker food hall - all specially handpicked by KF Seetoh…

Regional pandemic beneficiaries tanking; analysts see worst yet to come “Pandemic darlings are not going back to their glory days," says an analyst.

Bank of England to start unlimited bond purchases to stabilise market “The purchases will be carried out on whatever scale is necessary to effect this outcome," the BoE said.

Central bank’s role to maintain price stability to manage inflation: Ravi Menon Maintaining price stability will “give confidence” and ensure necessary technological advancements and adjustments are not disrupted due to…

Serene Centre to go up for sale; Sultan Plaza plans to lower en bloc reserve price Serene Centre, which belongs to a single family owner, will be put up for sale via tender with a reserve price of S$120 million.

SMEs going digital, workers aiming to hone skills can get help under new schemes “If businesses do not transform, workers will not be motivated to go for reskilling… That is why business transformation and workforce tran…