The Business Times

Worst could be over for S-Reits even as analysts slash target prices DBS analysts cut distribution per unit forecasts for FY2023 and FY2024 by 7% as it revisited its estimates for the S-Reits.

#BTOpinion: High deposit rates are hogging the headlines, but the fine print tells another story With banks aggressively raising their interest rates on savings accounts, savers need to bear in mind the numerous conditio…

‘Good progress’ made in uplifting incomes of low-wage workers: MOF report Meanwhile, real income growth of the 20th percentile earners was at 2.7% per annum between 2016 and 2021 - faster than the real income growth for…

Binance sees 30% surge in trading activity on FTX implosion “Binance may benefit... because it has projected an image of strength through the crisis with the best liquidity of any centralised exchange,” notes an observer…

Singapore may need carbon credits or nuclear energy to reach net zero by 2050: Chee Hong Tat Singapore’s energy challenge will remain “for quite some time”, and the “only way out of that constraint” is if nuclear energy…

[#BTOpinion] ICYMI: Sats’ acquisition target is in the red With profitability at both Sats and Worldwide Flight Services under pressure, the risks of their proposed combination have probably increased.

Hyflux’s unsecured creditors to receive interim dividend around Dec 21 Hyflux's liquidators say they have received total proof of debt amounting to around S$1.5 billion, but the realisations from the asset sales are unli…

Trek 2000’s ex-CFO jailed, fined for falsifying accounts, forgery, other offences This comes after Trek 2000’s founder Henn Tan and fomer executive director Poo Teng Pin were convicted of charges in related conspiracies.

#BTOpinion: An ageing population is not a problem for the private homes market An ageing population need not spell peril for the Singapore residential property market, as more elderly people may be economically active an…

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Kitchen Culture director allegedly tampers with company’s Acra records The company says it has “taken swift action” to file corrective notices with Acra on Dec 2 after one of its directors attempted to change the company…

URA puts Marina South residential site up for tender The new launch is part of the government’s plans to have various possible housing options in the 45-hectare Marina South precinct so it eventually becomes a mixed-use…

Singapore retail sales up 10.4% in October, extending growth Excluding motor vehicles, retail sales for October have expanded by 14.3 per cent from the year-ago period.

FTX is latest reason why the C-suite needs a chief critical officer Time to focus less on the charisma of leaders, and show more healthy cynicism and criticism to avoid scandals like Enron, FTX and Theranos.

Three-month compounded Sora crosses 3% for the first time since 2007 With the three-month Sora now at 3.0095%, a homeowner paying 3.4% per annum in interest for a UOB floating home loan package two weeks ago would now ha…

University grads’ median pay of S$4.2k is twice the S$2k for those with ITE, secondary education: Study The wage premium of a university degree is substantial, says NUS Associate Professor Irene Ng. “We value paper quali…

Falling valuations dull the shine of private assets, curb exit options Investor surveys by alternative assets data company Preqin show most investors are expecting the value of their portfolios to fall.

Tenet EC in Tampines sells 72% of units on launch day Eligible buyers on Saturday (Dec 3) bought 447 units, which had an average launch price of about S$1,360 per square foot.

#BTOpinion: Whither the strength of the Fifa brand? When a brand has had zero competition for 30 years, it can make strange decisions.

Behind Foxconn’s China woes: Mistrust, miscommunication, Covid curbs “Nothing they said counted for anything,” said a 24-year-old worker after taking a 10,000-yuan payout Foxconn offered on Thursday.

Singapore’s Eco Events certification: how it works to minimise carbon footprints As the events industry returns to an in-person format, organisers must be accountable for their impact on the environment, says Jen Teo, ex…

#BTLuxe: A time for togetherness Cooking is a breeze for ophthalmologist Audra Fong this Christmas, since her new home in Bukit Timah is equipped with not just one, but three kitchens.

Confessions of a reformed Yolo-ing millennial "Hearing of people around me getting retrenched, or ditching their plans to quit their jobs, I am constantly haunted by the thought that it could have been me," mulls BT's Vi…

#BTLuxe: Return to Asia for Silversea Ultra luxury cruise line Silversea Cruises returns to return to Asia for the first time in over two years, bringing its signature all-inclusive sailing experiences to the region from…

Eight lessons from 11 years of owning Vicom Despite Singapore's ambition to go “car-lite”, cars remain in high demand. And Vicom’s vehicle inspection division should continue to enjoy consistent business for many years.

Inside Sam Bankman-Fried’s Bahamian penthouse after FTX’s fall Billions of dollars of customer money is missing, investigators are circling, and the 30-year-old ex-CEO admits his company broke its own rules.

#BTOpinion: The unbearable uselessness of crypto In the 14 years since Bitcoin appeared, the crypto industry has failed to produce anything of value.

Young Singaporeans need a trusted partner too Of 500 polled Singaporeans aged between 18 and 35, a third worry about investing and making losses. One of them? Get no-frills content on money, work and life with our new in…

China Evergrande expects to hit 2022 property delivery target “We have to deliver 44,000 units in December which has 29 days left. The schedule is tight and our tasks are heavy,” Evergrande chairman Hui Ka Yan said.

It’s half-time at this unpredictable World Cup Most impressive team? Japan Biggest surprise? Argentina 1 Saudi Arabia 2 BT's U-Wen recaps the highlights of an exhilarating World Cup so far.