The Business Times

11 TEL3 stations from Stevens to Gardens by the Bay to open on Nov 13, free rides on Nov 11 All 32 TEL stations are expected to open by 2025, and the line is expected to be used by some 500,000 people daily, which will l…

Billionaire Mukesh Ambani to open family office in Singapore Ambani, who is worth an estimated US$83.7 billion, has picked a manager to hire staff for the new entity and get it running within a year, sources say.

New BMW dealership comes with new generation of leader “The reason why I left law to come into business was honestly to spend more time with my dad,” said 26-year-old Charmain Kwee, executive director of Eurokars Group a…

Singapore’s August unemployment rates fall to lowest in over 6 years but MOM warns of weakness ahead The increased risk of a slowdown amidst contraction of manufacturing activity, soaring inflation and interest rate hike…

Twitter lawsuit halted so Elon Musk can close deal Twitter shares rose 1% after hours as investors appeared reassured after days of confusion.

Singapore-China ties to open up new opportunities for businesses in both countries: DPM Wong While Singapore may not be able to do much to influence the course of US-China relations, the city state will do all that it ca…

SGX will look beyond equities to stay relevant, says chairman Kwa Chong Seng “Do we want to spend all our lives on SMEs listing? We really want to be an international exchange… Our role is not to save the SMEs,” he said.

Are landed homes becoming a wealth preservation asset? Will freehold/999-year landed homes someday become like rare art pieces and collectibles, similar to GCBs and conservation shophouses, for wealthy Singaporeans? Soon…

HDB to exercise flexibility to waive wait-out period for some downgraders to purchase resale flat About half of the 450 appeals received by HDB from former and current private property owners on the 15-month wait-out per…

Luxury brands and used cars defy the worst car market in 8 years After booking record sales last year, Bentley, Ferrari and Rolls-Royce look on track to surpass 2021’s numbers with 74, 58 and 67 registrations respectivel…

Fei Siong Group inks exclusive franchise deal to develop and run Popeyes in Singapore New items will be added to the menu and existing recipes adjusted to “better suit the Asian palette”, said Fei Siong Group.

🏠 SUPPLEMENT: Public housing with million-dollar price tags They cost a million, but they are not one-in-a-million. Why are buyers willing to fork out top dollar for such flats? Find out in BT's property supplement bt.s…

CDL to start previews for Copen Grand EC in Tengah on Friday, with prices from S$1.08m It is the first residential project to be launched in the wake of fresh market cooling measures, when tighter limits on housing loans…

🏠 BT SUPPLEMENT: Which areas have the most million-dollar HDB flats? Are landed homes an asset for preserving wealth? This and more in BT's Property 2022 supplement. bt.sg/w8x3

Singapore stocks index is sole winner among developed markets this year “Until the Fed slows or pivots, developed markets probably won’t catch up with Singapore," says a currency strategist.

Record number of million-dollar flats sold in September; HDB resale prices up 1.2%: SRX, 99.co 45 flats worth a million dollars each were sold last month - the most pricey being a five-room Design, Build and Sell Scheme…

#BTOpinion: Beware embracing blockchain as a way of doing good Rather than using the usual cash or voucher system, vulnerable families in the South East District will use a blockchain system to redeem credits at merchant…

As election talks hit fever pitch, Malaysians primed for ‘feel-good’ Budget on Oct 7 Analysts expect this to be an “election Budget” or a “feel good Budget” with schemes and handouts that will take care of every level of…

Public housing with million-dollar price tags There was one HDB resale flat being sold at S$1 million or more every day, between May to August this year. 🏠 Read more in our property supplement: bt.sg/w8x3

Sats aims to ‘reduce’ size of rights issue, says CEO, after sell-off over fears of potential S$1.7b cash call “We are also very clear that we need to reduce the size of the rights issue, because we know the market doesn’…

#BTOpinion: Poor returns show expanding S-Reit market isn’t giving joy to investors For Singapore and for SGX, the increasing number of foreign listings is a win. But for local investors, the biggest Reits and strongest…

Sembmarine clinches US$3.1b FPSO contract from Petrobras The P-82, part of Petrobras’ new generation of production facilities, is characterised by its high production capacity and technologies which reduce CO2 emissions.

EnterpriseSG eyes wealthy families as local startup funding jumps 54% in H1 “The number of meetings I’ve had with Chinese high-net-worths is at a record high this year,” said an assistant CEO at EnterpriseSG.

Motorcycle COE premiums hit S$11,751, all-time high for second tender in a row; other categories down For larger and more powerful cars and EVs, the COE price ended at S$95,856 - 11.3% below the S$108,051 posted in the l…

NCS, IMDA to support 1,600 tech jobs in the next two years Under its new integrated work and study programme, NCS will hire and train 400 polytechnic graduates in areas including infrastructure, software development and…

Musk reverses again, ready to buy Twitter at original US$44b price The news comes ahead of a highly anticipated face-off between Musk and Twitter in court.

MSD announces two new manufacturing plants as part of US$500m investment over five years American drugmaker MSD said the investment will create more than 100 jobs, bringing its total headcount in Singapore to more than 1…

5 questions with Rachel Lau, South-east Asian tech realist In this edition of #5Questions, Rachel Lau of RHL Ventures shares her take on regional tech, including why the party is over for "half-assed" companies.

Global capital markets overprice risks and overreact to shocks: Tharman "We’re moving backwards each time there is a little twitch in global capital markets,” said Senior Minister Tharman Shanmugaratnam.