The Business Times

‘Buckle up’ as inflation fight threatens growth, IMF chief warns “For hundreds of millions of people it will feel like a recession, so buckle up,” said the IMF chief. “Hopefully, if we get inflation under control, then w…

#BTOpinion: Amid frenzied buying at new home launches, developers may be signalling a peak Developers face cost pressures from rising interest rates and construction costs. But that won't matter if buyers can pay higher…

Singtel’s Optus says customer information potentially compromised in cyberattack Information which may have been exposed during the cyberattack include customers’ names, dates of birth, phone numbers and email addresses.

South Korea, Japan hold first bilateral talks since 2019, seek stronger ties The meeting took place in New York on the sidelines of the U.N. General Assembly, the first such talks between leaders of the two countries sin…

Investors keen on regional biotech, but are cautious about deal terms “It’s normal that investors tend to be more conservative and cautious...because in the past, some startups’ valuation can be a bit inflated," says an…

New city-fringe condo prices climbing closer to those in central region The prices of some condominiums in the Rest of Central Region (RCR) may even approach the S$3,000 psf level - the price level for luxury homes locat…

Federal Reserve goes big again with latest rate hike of 75 bps; Powell vows to ‘keep at it’ “We have got to get inflation behind us,” Powell said after the release of the Fed’s policy statement, adding, "I wish there wer…

🎙 PODCAST: Certain collectibles may beat inflation While many collectibles have become lucrative in recent years, only some are good hedges against inflation. Correspondent Howie Lim finds out which ones, from Nannette…

Singapore airport working with airlines to avoid travel chaos as demand returns The airport also found it easier to ramp up capacity than many rivals partly because its contractors retained 25,000 of the 35,000 workers t…

SGX launches SGX CurrencyNode FX trading venue Global banks, brokers and institutional investors can access multiple sources of over-the-counter FX liquidity anonymously through a single venue.

COE for car categories down in latest tender; motorcycle prices hit new high of S$11,589 In the category for more powerful cars and EVs, the COE price ended at S$108,051, down 4.4% from S$113,000. Analyse historical COE…

Extended Producer Responsibility frameworks embody ‘polluter pays’ principle: Grace Fu Minister Grace Fu said the government sees it as a priority to “get our economic policies right, to signal that there is a high envir…

‘Dr. Doom’ Roubini expects a ‘long, ugly’ recession and stocks sinking 40% “It’s not going to be a short and shallow recession, it’s going to be severe, long and ugly,” says economist Nouriel Roubini who expects the glob…

#BTOpinion: Fintechs eye partnerships with digital banks, expect to retain competitive edge with specialised offerings One roboadviser believes the Singapore market can accommodate multiple financial services players, an…

Goldman cuts at least 25 Asia bankers as China deals swoon The Asia reductions come after Goldman went on an unprecedented hiring spree in mainland China and Hong Kong last year.

STI companies making more of an effort to refresh their boards, but director pool still small: report 93% of seats went to directors aged over 55 and only 2% went to those under 45 last year - likely due to boards prefer…

Singapore’s largest train and bus depot to open in 2025, structural works 75% complete The facility consists of three train depots stacked on top of each other and a bus depot in a nearby building.

New ministerial roundtable will enable Singapore, India to boost ties across many fronts: DPM Wong Both sides agreed on several new areas of cooperation, including food and energy security, green technology particularly…

Chinese millionaires to double by 2026, Credit Suisse says, despite slowing economy In 2021, China had 6.2 million millionaires, up by more than a million from 2020.

#BTOpinion: More companies should formalise their dividend and investor relations policies, to improve valuations With more than 60% of Singapore’s listed companies trading below book value, it's time for local companies…

Top Glove posts first quarterly loss since listing, raises glove prices amid challenges Top Glove says its softer financial performance comes as the industry weathers an adjustment period with oversupply and excess stock…

UK's new PM vows billions in Ukraine aid, admits US trade talks off Truss vowed to rally western support at the UN over Ukraine, saying her government would match or exceed the £2.3 billion (S$3.7 billion) it plans to ex…

#BTOpinion: To keep the recovery going, let’s step on the gas for hiring flexibility Even as firms catch up on hiring, the truth is that some skilled roles are simply hard to fill, says BT's Venga Subramaniam.

Wide talent networks, continuous learning are key in future of work: Chan Chun Sing To remain competitive, 20 to 30 per cent of Singapore's workforce need to learn something new every year, said Minister for Education Ch…

Marriott coaxing workers back to office with US$600m building "People crave that interaction," Marriott chief executive Anthony Capuano said. "I'm not sure we have to pull that hard."

Pratt & Whitney, EDB to establish technology accelerator in Singapore The facility will accelerate the development and deployment of about S$31 million worth of technology insertion projects across the group’s 4 Singapor…

#BTOpinion: EY’s split shows what a big business auditing has become, but maybe it shouldn’t be Should auditing even be a money-spinning business at all? Isn’t it about time jurisdictions thought about providing it as a…

Hotel operators gear up for F1, with many almost at full capacity for the race As of Monday night (Sep 19), Marina Bay Sands had no available rooms over the F1 weekend, while Parkroyal Collection Marina Bay’s website sho…