The Business Times

#BTOpinion: Singapore’s digital banks not the game changer they promise to be Singapore digital banks have so far failed to make a splash with their entry, as they grapple with strict entry requirements and looking more…

DPM Wong to deliver 2023 Budget statement on Feb 14 Will it be angpows or tough love for Singaporeans?

SPH Reit to rename as Paragon Reit from January 2023 The name change will better reflect the trust’s vision and mission to capture unique opportunities in the Asia-Pacific retail landscape, the Reit manager said.

Office investment sales headed for slow start in 2023 as price gap, negative carry drag on deals Activity is expected to pick up when interest rate outlook clears, aiding price discovery.

Mercatus confirms sale of Singapore malls to Link Reit for S$2.16b Mercatus said sale-and-purchase agreements were entered into on Wednesday to divest the group’s entire interest in Jurong Point and Swing By @ Thomson Pl…

China reopening borders leads other countries to restrict entry The US is considering new coronavirus precautions for people travelling from China due to mounting concerns over the renewed risk of infections spreading, a…

Deliveroo sees room to grow grocery, food delivery in Singapore despite competition “Gone are the days of just throwing money at everything; we need to be much more targeted in our approach – in terms of how and where we…

Latest Singapore Savings Bond gets lukewarm interest According to the MAS website, the fiscal agent for the government received S$909.7 million in applications for the allotment of S$900 million.

Timeline: John Soh and Quah Su-Ling’s marathon trial comes to a close John Soh and Quah Su-Ling masterminded a market manipulation on the SGX that harkens back over a decade. Here's a look back at the events leading to t…

After a shaky 2022, the pound is in for another tough year From its October low of 1.03 against the US dollar, the pound has rallied by about 17% to 1.21 as at Tuesday (Dec 27) and has recovered against major currencies…

China-addicted luxury stocks cheer Beijing’s looser Covid curbs Shares in LVMH, the world’s biggest luxury group, were up 2.7% while Cartier-owner Richemont rose almost 4%.

S-Reit IPOs running scared in rising interest rate environment #BTOpinion: If the bears are right, and the world heads for a global recession with even tougher market conditions, it may well take until 2024 before S-Reit…

The world just doesn’t have enough planes as travel roars back Those sky-high airfares that many have complained bitterly about over the past few months? They are here to stay.

John Soh gets 36 years’ jail, Quah Su-Ling 20 years for penny stock fraud Soh’s sentence has been adjusted downwards by Justice Hoo Sheau Peng to ensure that the sentence is not crushing for the 62-year-old.

On-demand platforms may exit markets, undertake strategic M&A in 2023 Analysts believe the delivery industry is likely to consolidate due to its unprofitability and the rising cost of capital.

Private property market to stay resilient in 2023, city fringe to outperform Property analysts say a few “rather large projects” next year will be launched at the Jalan Tembusu and Katong areas, with 600 to 800 units and…

🎙WealthBT: Investment guardrails for your portfolio In this environment when it seems that everything in the market is down at the same time, what can serve as investment guardrail for your portfolio? BT's wealth editor…

SGX RegCo bars UOBKH from acting as issue manager, full sponsor for IPO, RTO submissions For UOBKH to reintroduce activities as a full sponsor, it will be subject to “certain requirements”.

#BTOpinion: Amid high interest rates, Reits may want to forgo acquisitions for organic growth instead Singapore Reits merit serious consideration by investors as they are well regulated and tax efficient, with high level…

Sceneca Residence in Tanah Merah to open for preview on Jan 1 Indicative prices ranging from S$958,000 for a one-bedroom unit to about S$2.99 million for a four-bedroom.

Strict rules at home push Chinese metaverse entrepreneurs, investors overseas Singapore is a particular hotspot for China’s tech talent - many Chinese coders move to Singapore for web3 projects or work on them remotely f…

Phillip Capital issues new asset-backed wine-based token Liquid assets take on a whole new meaning.

#BTOpinion: Investors would be better served if offer announcements had to reference book values Offerors typically claim they are offering shareholders a chance to realise their investments at a premium. They have littl…

Chinese jubilant, plan trips abroad as inbound Covid quarantine set to end “It’s over... spring is coming,” said one top-voted comment on social media site Weibo.

Office leasing activity to take a hit, shadow space to rise next year The Singapore office market has swung from exuberance to caution amid a rapid rise of interest rates and inflation, and a recalibration of tech growth…

Consumers shop more ‘consciously’ this festive season amid inflation, GST fears: businesses “There is a feeling of nervousness among everyone in Singapore at the moment with the rises in rental prices, inflation, (and) t…

China to scrap quarantine for overseas arrivals: health authorities Travellers would only need a PCR test taken 48 hours pre-flight to enter China.

First flight from Singapore to Beijing on Dec 30; more such flights on SIA in coming months After close to three years, SIA is reinstating its Singapore to Beijing passenger service every Friday on a fortnightly basis.

PODCAST: Prospects for Orchard Road properties Are there rich pickings for Orchard Roads malls by targeting the luxury market? Also, is Orchard Road appealing to home buyers and office space users? Leslie Yee discusses.…