The Business Times

#BTLifestyle: Chef Anthony Yeoh makes neighbourly contact in Orchard Road with Summer Hill’s homestyle cooking The first bite of the Bangalow pork chop is "a lovely crunch of crust and fat-marbled meat, spilling juices l…

#BusinessofTime: The Cartier Santos Skeleton reveals its colourful side Luxury watches are getting more colourful in recent years as watchmakers and designers tap into all colours of the rainbow for their next collection…

#Brunch: Can degrowth save us from destruction? If growth aids development, why are the richest countries not necessarily scoring the best on indicators such as life expectancy and education? Perhaps the answer is degrow…

#BusinessofTime: Rolex is flying high with novelties The king of luxury watches unveils six new models in a show of optimism and innovation in a post-Covid rebound

MAS’ Ravi Menon sees opportunities in digitalisation, sustainability amid ‘tough’ global outlook While inflationary pressures should start to ease in the second half as global central banks take action, “the era of cheap…

The Straits Trading Company's transformation sparked a more than 50% rally in its stock price. How did it monetise low-return assets and recycle its capital into scalable businesses? Watch the highlights of Ben Paul's di…

Mega merger of Sembmarine, Keppel O&M simplified to ensure deal certainty, quicker completion “The sooner we can get the transaction completed, the better it would be, in the sense that we can start (reaping) the synergi…

Singapore accountancy bodies launch initiatives to support small & medium audit firms With small and medium-sized audit practices making up 98% of audit firms in Singapore, supporting them in the areas of digitalisation,…

Singapore hotels’ average room rate, revenues mark new highs in September Singapore hotels average room rate reached S$284.37 in September – the highest since 14 years ago.

📊October 28 results round-up: 1. UOB’s Q3 profit up 34% to S$1.4b on record net interest income 2. Keppel posts 24% rise in revenue to S$6.8 billion 3. CDL Hospitality Trusts’ net property income up 54.4% in Q3, bolster…

Singapore employment rises 75,600 in Q3 but momentum may be easing Non-residents accounted for majority of the employment expansion, with the increases mainly coming from the construction and manufacturing sectors.

HDB resale prices up 2.6% in Q3, rising at slower pace HDB noted that the Q3 data reflected the market condition before the recent implementation of cooling measures to promote “sustainable conditions”.

Elon Musk’s Twitter ownership begins with firings, uncertainty He fired top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for Twitte…

Private home prices up 3.8% in Q3: URA Prices of non-landed homes in the outside central region (OCR) saw the biggest jump at 7.5%, thanks to major launches AMO Residence, Lentor Modern and Sky Eden@Bedok, all of which s…

Singapore central region retail rents down 0.4% in Q3, prices slide 3.2% By the end of September, islandwide vacancy rate decreased to 7.8 per cent, from 8.2 per cent as at end June.

UOB’s Q3 profit up 34% to S$1.4b on record net interest income, CEO expects Asean to skirt recession UOB's annualised earnings per share for the quarter ended Sep 30 was S$3.30, up from S$2.46 in Q3 2021.

🎙 PODCAST: Uncompleted new homes can cost much more than completed older units in the vicinity. Are the premiums justified? Senior Correspondent Leslie Yee weighs the pros and cons of buying such homes. #btpodcasts #pro…

Meta’s spiralling rout puts it on brink of losing top 20 status Meta, which was the sixth biggest US company by market capitalisation at the start of the year, will now be smaller than companies including Chevron and Pro…

Sembcorp Marine to buy Keppel O&M directly for S$4.5b under revised terms This revised deal is S$378 million lower than if the one-for-one share exchange option was pursued, as Keppel O&M had been valued at S$4.87 billio…

Credit Suisse plans job cuts as part of make-or-break overhaul; some Singapore jobs affected It will cut 2,700 jobs or 5% of its workforce by the end of this year. Singapore will also see some layoffs, with the cuts to c…

Growth-stage startup funding slows in Singapore; early-stage deals buoy overall investments Four unicorns have been minted in Singapore this year, fewer than the 11 produced last year.

Orchard Road ‘well on the road’ to return to pre-pandemic tourism levels, hopefully by 2023: ORBA 🎄Christmas light-up is back! With full-scaled programming and new augmented reality (AR) experiences, it marks the first…

Yield on 6-month Treasury bill at decades-high of 4.19% in latest auction The risk-free fixed income instrument last reached 4% in 1989 after peaking at 4.73% in 1988.

📊October 27 results round-up: 1. Far East Hospitality Trust’s distributable income rises 12% in Q3 2. Mapletree Industrial Trust posts 3.2% decline in DPU for Q2 2022 3. Keppel DC Reit’s Q3 DPU up 5% to S$0.02585 4. iFa…

Two-thirds of local firms financially resilient, but not productive or innovative: MAS Less than 1% of firms displayed all three attributes.

Singapore’s growth to slow ‘below trend’ in 2023, dragged down by external-facing sectors: MAS The global economy is in a “precarious” state with growth weakening even as inflation stays high, in a divergence that is exp…

Singapore’s inflation to slow but stay high in 2023 as firms pass on costs: MAS “With inflation anticipated to be strong this year, growth in average resident real wages is projected to be positive, but modest," MAS said…

Singapore banks to deliver solid Q3 earnings as rate hikes finally take hold: analysts Many analysts have maintained their “buy” calls on the three banks, on higher absolute dividends for FY2022.

Singapore’s financial sector has a road map for success Singapore stands out as a regional treasury centre of choice for global businesses, with its well-developed digital and physical infrastructure and a stable socio-e…

SIA may resume dividend payout this fiscal year, redeem 2021 bonds One analyst expects SIA to resume its dividend payments from FY2023 and estimates the stock would have a dividend yield of 5.6%.