The Business Times

Lawrence Wong to make maiden visit to India as DPM Deputy Prime Minister Lawrence Wong will first arrive in New Delhi where he will participate in the inaugural India-Singapore Ministerial Roundtable

🎥Meet Tan Ru-Ding, SPETA Gen II "It’s a drastically different world that we’re operating in right now. Things are changing very rapidly. We need to embrace this change." Tan Ru-ding, chairman of the SPETA generation II…

Ether falls as Ethereum revamp turns into ‘sell-the-news’ event “Now the excitement around the Merge is done, and we don’t have a catalyst for Ethereum in the short term,” says an industry watcher.

Hong Kong’s TR Capital opens Singapore office with eye on South-east Asia’s next unicorns Its chief executive and founder Paul Robine, who recently relocated his family from Hong Kong to Singapore, said the newest office…

How the Vietnam-Singapore Industrial Park grew 20-fold in 26 years Vietnam-Singapore Industrial Park co-chair Kelvin Teo says its decision to not exit despite the 1997 Asian Financial Crisis likely helped co-developer Se…

Longer time to open CDP accounts as more apply for fixed income products Nearly 12,000 CDP accounts opened in August 2022 alone – 6 times the typical monthly levels.

Global markets on tenterhooks ahead of US Fed’s next meeting The selling on US stock markets is likely to continue if the Federal Reserve follows through on the feared 1-percentage point rate hike at its meeting next wee…

Singapore exports grow 11.4% in August; electronics shrink for first time since November 2020 Overall, NODX to Singapore’s top 10 markets rose as a whole but exports to China, Taiwan and Hong Kong declined.

Ethereum blockchain says slashing energy use with software overhaul The new system will use 99.95% less energy, which has prompted some to view it as a major advantage as Ethereum seeks to surpass rival blockchain Bitcoi…

Departures from Changi Airport to cost more for passengers Passengers departing from Changi Airport will soon have to fork out more for fees and levies.

New private home sales tumble in August on lack of new condo launches Developers sold a total of 437 units excluding executive condominiums, 47.6% lower than the 834 units sold in July 2022.

Sea’s billionaire CEO to forgo salary as cost cuts spread “The leadership team has decided that we will not take any cash compensation until the company reaches self-sufficiency,” chief executive officer Forrest Li said…

Temasek’s CLA Real Estate sets up life sciences investment company The company is led by CEO Dr Christopher Laing, who was previously vice dean of innovation and entrepreneurship at the Duke-NUS Medical School.

Credit Suisse-tycoon clash has wealth industry holding its breath “People in the industry, not only from Singapore but all over the world, are watching the case to see what will be determined as the standard or duty of c…

Patagonia founder gives away company to help fight climate crisis “Each year, the money we make after reinvesting in the business will be distributed as a dividend to help fight the crisis,” founder Yvon Chouinard wrote…

MAS unveils financial sector roadmap; projects over 3,000 net jobs created per year S$400 million has been committed to fund grants in a Talent and Leaders in Finance programme. MAS also projects 3,000 to 4,000 net jobs…

#BTOpinion: FHT’s failed privatisation not a complete surprise as unitholders bet on tourism recovery While the privatisation by the sponsor is now off the table, Frasers Hospitality Trust still has some cards it could p…

Chuan Park en bloc sale dissenters file objection with Strata Titles Board Dissenting owners cited the method of apportionment of sales proceeds and were also concerned over "irregularities" in obtaining owner's consent…

#BTOpinion: Ask not when top talent will leave; rather, welcome those who stay There is good reason to ensure that the pass regime is not exploited by those who see Singapore permanent residency or citizenship as a mere…

JPMorgan, Bank of America cautious on job cuts as Goldman layoffs loom “You need to very careful when you have a bit of a downturn to start cutting bankers here and there because you will hurt the possibility for growth…

With only 18% of companies disclosing their CEO salaries in dollar value, SGX is pushing for companies to fully disclose the salaries of their CEOs and directors. (Here's why:

Condo, HDB rents rise again in August; volumes remain lower on-year A market watcher noted that the monthly increases for CCR and RCR rents in August were the highest over the past year.

South Korea seeks arrest of Terraform Labs founder Do Kwon Do Kwon and 5 others are located in Singapore, the prosecutor’s office said.

State land tenders for private housing, EC plots draw fewer-than-expected bids The top bid of S$626 psf ppr for the executive condo plot in Bukit Batok was 5.4% lower than the winning bid for the next-door plot at a tend…

Singapore tourist arrivals grow for 7th month in August to 728,744 China, Singapore’s biggest inbound market from 2017 to 2019, sent just 14,735 visitors in August - a far cry from the 397,070 in August 2019.

Traders start to consider even bigger Fed rate hikes after hot CPI Investors are also driving up expectations for just how high they reckon the central bank might ultimately push policy rates early in 2023 - up to 4.3%.

Retrenchments fall to a record low in Q2 while job vacancies ease: MOM Meanwhile, the number of job vacancies dipped slightly to 126,100 in June, after rising for 7 consecutive quarters, but remained at “historical high…

US dollar pushes towards fresh 24-year peak versus yen after CPI shock The dollar rose as high as 144.965 yen in the Asian session, taking it close to last Wednesday’s high of 144.99, a level not seen since August 1998.