The Business Times

Blockchain.com gets Singapore licence, second crypto firm to obtain approval this week The crypto company, which was valued at US$14 billion in March, said Singapore is an attractive location to grow its institutional cu…

Crypto hackers set for record year after looting over US$3b October is now the biggest month for hacking activity in 2022, with at least US$718 million stolen just this month alone.

Temasek’s Fullerton Fund Management disposes of 1.2m Sats shares for S$5.4m The transaction reduces Investment manager Tembusu Capital's total stake in Sats – held through Venezio Investments, Singapore Airlines, and Ful…

[🏠 BT SUPPLEMENT] Investment potential of executive condominiums With limited supply of ECs, demand for new ones are likely to stay robust in the long term. ➡️Meanwhile, nearly 300 ECs yielded S$500,000 in resale profit…

Citi Private Bank sees strong growth in family office business in Asia Wealthy families’ biggest concerns? The three Rs - recession, rates and Russia.

Public transport fares to rise by 2.9%; hike capped at 5 cents per journey: MOT Half of Singaporeans will see an increase of S$0.01 for every journey, while the fare increase for adults will be capped at S$0.05 for every…

Strong Q3 demand for auction properties despite sudden cooling measures: SRI More mortgagee sale activity is expected in FY2023 as borrowers may “feel the strain” of their increased monthly mortgages amid rising interest…

Golden Energy shares have trebled this year, but potential buyout hints they are still undervalued Higher average selling price of energy and metallurgical coal have sweetened the earnings of Golden Energy and Resources

#BTOpinion: STI 10-year return beats SSB’s 3.21% interest, but only by a shade With equities declining globally, should investors cut their exposure to stocks and turn to bonds given its higher interest rates?

ECs fetching strong profits on resale as price gap with new units narrows: OrangeTee Nearly 300 ECs yielded S$500,000 in resale profit from January to August 2022

Singapore’s reopening boom draws big money and bubble fears Money and people are gushing into Singapore, pushing rents and property prices to unprecedented highs, and sending the cost of a modest Toyota to more than US$1…

Residential property rents, volumes up in September amid ‘landlord’s market’ “Due to the strong rental demand, many landlords are only keen to sign contracts of at least two-year lease terms now," notes a property analys…

[✍️Commentary] Representation from the ranks is what platform workers want A large majority (66%) of polled platform workers have been injured while working, while 84% felt that they were not adequately covered for work-…

Thai citizen pays a record S$3,850 psf for top floor of Suntec Tower One The top floor of the 44-storey Suntec Tower One was bought for S$39.7 million, setting a fresh record psf price for a whole office floor at Suntec…

Mahathir to defend Langkawi seat at Malaysia election, but no plans to become PM again The 97-year-old said he will defend his Langkawi seat at the upcoming general election, widely expected to take place in November.

Retail S-Reits see double-digit pickup; downtown malls shine Retail sales in Singapore went up by 13% year on year (yoy) in August, marking its fifth consecutive month of double-digit yoy growth.

Mass market condo sales expected to remain firm despite softening demand from HDB upgraders HDB upgraders make up a significant 39.9% of buyers of all non-landed Outside Central Region (OCR) private homes – the mass mark…

Four factors shaping Malaysia’s general election More than half of young Malaysians polled believe the country is headed in the wrong direction due to politics and economic worries.

Big-spender conferences: the silver lining to Singapore’s strengthening crypto connections The Token2049 conference, which was held in Singapore for the first time, saw 7,000 people attending – more than twice the estima…

Jumbo opens fourth franchised outlet in Vietnam The outlet is Jumbo's first in Hanoi, and is located near monuments like the Ho Chi Minh Mausoleum and One Pillar Pagoda.

SPH Media to see new editorial leadership; new editors for ST and BT The Business Times (BT) editor Wong Wei Kong takes over from Warren Fernandez, who will be leaving the company “to pursue other professional opportunit…

Luxury non-landed private residential market returns to a world without borders The luxury market rides steady over troubled waters, and will probably continue to attract a significant number of foreign buyers, despite h…

#BTOpinion: The sooner Hong Kong moves to ‘0+0’, the more it can serve as gateway to China A deep soul-searching appears to pervade Hong Kong, with many wondering if the city is paying too steep a price for keeping some…

Condo resale prices up 1.7% in September; volumes rise 1.1%: SRX, 99.co The highest transacted price for a resale unit in September 2022 was S$17.6 million at Reflections at Keppel Bay.

Singapore tourist arrivals grow for 8th straight month in September to 752,305 For the sixth straight month, Indonesia was the top source of arrivals followed by India and Malaysia.

Crypto exchange Coinbase secures Singapore digital-asset permit The Monetary Authority of Singapore (MAS) has granted Coinbase Singapore in-principle approval under the Payment Services Act to provide regulated services…

Tech manufacturers could see demand shrink amid looming recession: analysts “Most electronic products, from electronic watches to electric vehicles, are likely to be items that will see deferred purchasing if unemploymen…

Shorting is all the rage for retail investors as stocks plunge After a brutal few months, small-time traders have been trying to recoup losses by betting against the market.

#BTOpinion: Buying a home with a pricey home loan can still make sense A young adult, with no parental help, may need to be extra prudent when signing a home loan in order to bring forward their purchase of a home in whi…