The Business Times

As pound slumps, cash-rich foreigners on the prowl for London homes High-net-worth international buyers holding foreign currencies - notably US, Hong Kong and Singapore dollars - are waiting on the sidelines to pick up s…

Number of S-Reit acquisitions rises in September, but appetite weakens amid uncertainty Deals are markedly smaller, with over half the acquisitions proposed last month coming in at under S$50 million.

🎙 PODCAST: Toasting fine wine’s resilience Wines’ clear capital preservation during the pandemic and its outperformance in 2021 may mean wine could very well be your hedge against inflation. But what's its outlook for t…

Policy reforms needed to reverse ringgit’s weakness, say industry observers Structural reforms are more crucial than resorting to capital controls or re-pegging of the ringgit, said Bank Negara previously.

Japan Foods unit suspended from applying, renewing work passes on MOM investigation The investigation relates to “certain past hiring and payroll practices”, which have since ceased, said the company.

Local firms’ payment performance worsens slightly in Q3: SCCB The slight deterioration in payment performance overall is no surprise and any further improvements would likely be gradual in the coming months, says SCCB.

As Opec+ meeting looms, expectations heighten over big output cuts OPEC+ is said to be weighing its biggest output cut - by more than 1 million barrels per day - since the start of the Covid-19 pandemic.

Affordability of new HDB flats much better than comparable cities: Desmond Lee If the first-timer household is earning about S$5,000, which is slightly less than the 30th percentile of resident household incomes, the pri…

90% of re-employment disputes ‘amicably resolved’ in mediation: MOM The remaining 10% were either escalated to the Minister for Manpower or to the Employment Claims Tribunals.

MAS to seed S$5m blended finance innovation grant amid call to scale up transition funding Blended finance programmes are too few and too small, with global annual flows averaging less than US$10 billion since 2015, says…

#BTOpinion: Going after stock manipulators is great but just as vital is for MAS, SGX to foster a vibrant market While effective law enforcement and tough penalties are needed, fostering an ecosystem of competent busines…

DBS raises fixed home loan rates further to 3.5% Based on DBS’ website on Tuesday (Oct 4) morning, the revised interest rate now applies across all four of the bank’s fixed rate packages with commitment periods ranging f…

Singapore’s multicultural cuisine a rising treat in Vietnam Fancy Mao Shan Wang durian ice cream in Vietnam? Now you can, thanks to food distributor L’earth who has brought Udders - and 20 other Singapore F&B brands - in…

#BTOpinion: After epic F1 weekend, Singapore shows the world it is firmly back in business One news report that went viral was about an American entrepreneur who splashed out in excess of US$30,000 for a week-long stay i…

🎙 PODCAST: How is impact investing different from ESG investing and how much of a difference can your capital make? Genevieve Cua speaks to Evelyn Yeo, head of Asia Investments from Pictet Wealth management Asia. This e…

Singapore Savings Bond’s November tranche hits record high for 1st-year rate at 3.08% The first-year rate of 3.08% and the 10-year average rate of 3.21% are all-time highs.

Keppel Infrastructure Trust targets trebling of portfolio to S$18b over next decade “With infrastructure, you cannot ignore the regulatory and political risks for investee companies,” said CEO Jopy Chiang. “It behoves us…

#BTOpinion: Amid rising rates, tight borrowing limits a blessing for Reits, homebuyers The Singapore Reit and residential property markets can face rising interest rates and slowing economic growth with some confidence,…

#BTOpinion: Staying prepared for job losses “I could go and study about it, get a certificate but at the end of the day, if I didn’t known anyone and didn’t build a network, would I have moved forward? It would be very t…

Shopback secures a further US$80m in funding from 65 Equity Partners With the investment, 65 Equity Partners will join Shopback’s board of directors and play a role in getting the startup ready for a public listing.

Changi Airport’s average weekly passenger traffic reaches 60% of pre-Covid levels in first week of September “We expect this to increase further as airlines respond to demand from travellers, following the recent border…

Rising share of EP holders in infocomms, but local PMET numbers up too: Tan See Leng 1 in 5 Singapore's Employment Pass holders are in the information and communications sector in 2021, up from one-sixth in 2016.

🏠 Thinking of taking out a million-dollar loan to buy a home? Here's what you should know with the tighter limits on property loans bt.sg/w7i4

Rich kids’ boot camps return as private banks woo next-gen wealth “I would fly around the world just to be somewhere in person,” says a 19-year-old participant from the Czech Republic who attended the Bank of Singapore s…

#BTOpinion: Sats-WFS deal: Lack of clarity on funding plan diverts investor focus from merits of acquisition Given the skittishness in the market, it seems strange that Sats did not state upfront how it will finance the…

Growth in HDB resale prices slows slightly, up 2.4% in Q3: flash estimates Year on year, resale prices are up 11.4%. Meanwhile, Q3 private home prices also rise 3.4% from Q2, led by a 7% jump in suburban condos

Sustainable investments could unlock Singapore’s US$91b of retail capital potential: report More investors are showing interest in sustainable investments - one in three polled respondents expect to have more than 15% of…

#BTLifestyle: From Singapore to London Not all broken things are to be thrown away. One Singaporean designer is turning them into pieces of art and showcasing them at London's Victoria & Albert Museum.

#BTLifestyle: The triumphant return of Calum Scott The ex-Britain’s Got Talent finalist, who performs in Singapore in October, looks forward to his time here. “I hope to experience some of the culture, music and food – b…