The Business Times

Business travel and meetings to do heavy lifting in Singapore’s tourism recovery The outlook for 2023 is “one of cautious optimism for sustained tourism recovery supported by a healthy pipeline of events and elevated tou…

⚽️Tourists leaves Qatar in droves as World Cup nears end With just a few countries left in the Qatar World Cup as Argentina faces off against France or Morocco in the final, crowds at popular tourist spots in Doha are no…

Singapore business confidence hits one-year low for Q1 2023: SCCB Growth prospects for sectors such as transportation and services are expected to remain positive in 2023, and externally-oriented sectors to remain subdue…

MAS bans ex-Great Eastern agent for cheating S$58,000 from clients One of Selvarajulu S/O Subramaniam's victims, who had been his friend for 15 years, gave him S$14,000 after hearing that he had lung cancer which was a l…

#BTOpinion: Chip Eng Seng shareholders should reject the raw deal offered by the Tangs As a shareholder, BT's Leslie Yee will reject the offer because the price is "too low" and "shareholders deserve a deal that better r…

Condo, HDB leasing volumes fall as November rentals climb: SRX, 99.co November condo rents rose 2% from the previous month and 34% year on year, driven mainly by contributions from the Outside Central Region (OCR).

Economists downgrade Singapore’s 2023 growth forecast to 1.8%: survey Inflation in 2023 is now expected at 5.4% for headline inflation – up from 3.5% in the last quarter’s survey.

Corporate governance improves among Singapore companies Top scorers include Netlink NBN Trust, United Overseas Bank, Comfortdelgro and — before it was privatised — Singapore Press Holdings.

Hong Kong reopens further into an uncertain 2023 Analysts expect Hong Kong’s economy to shrink this year, with growth only picking up significantly in the second half of next year.

Far East Organization sells Tuas logistics warehouse building for S$120.6m Things may have quietened on the property investment sales front with the year-end holiday season, but there are still some mid-sized deals takin…

Temasek-backed Amber Group buys regulated crypto platform Sparrow Exchange The acquisition comes amid a turbulent time for Amber, which is among digital asset companies caught up in the market turmoil caused by a collaps…

IIX raises US$50 million with first ‘orange bond’ for women’s livelihoods The proceeds will support some 280,000 to 300,000 women across Asia and Africa to transition to “more sustainable, climate-resilient” livelihoods.

Companies can get extra S Pass, work permit quota if they meet criteria on “economic priorities”, local workers “We wanted to provide enterprises that are very innovative, have made significant investments and have also…

S&P downgrades SingPost outlook to ‘negative’ on weak postal and parcel business This came after letter mail volumes declined sharply during Covid-19 as companies moved towards online correspondence, said S&P, noting tha…

Singapore tourist arrivals dip from post-Covid record to 816,254 in November This breaks a nine-month growth streak.

China-HK to start quarantine-free travel in January: report Travel could resume as soon as Jan 9, the report said, citing unnamed people from the Guangdong health commission.

Real estate platform Ohmyhome expects to raise over US$14.6m in IPO It intends to do so by issuing 3.25 million shares under its Cayman-Island-incorporated entity, Ohmyhome Limited, at between US$4 and US$5, its midpoint…

Condo resale volumes continue decline in November; prices up 1.1%: SRX, 99.co Resale prices rose 1.1% on the month, with the highest transacted price for November being S$19.89 million for a unit at Marina One Residences…

Former FTX CEO Bankman-Fried arrested in The Bahamas: official It marks a stunning fall from grace for the 30-year-old entrepreneur who rode a cryptocurrency boom to create one of the world’s largest cryptocurrency excha…

Singapore’s F&B space could see uptick in M&A activity; more businesses up for sale or seeking growth capital “For those who still want to hang around in this business, it makes sense to find good partners to diversify t…

SIA to adjust conversion prices of 1.625% convertible bonds, MCBs in view of dividend SIA will adjust the conversion price of its 1.625% convertible bonds due 2025, from S$5.743 to S$5.6309.

World’s top money managers see global stocks recovering in 2023 After being hammered this year as interest rates climbed, US technology stocks may also come back in favour, according to market players surveyed.

#BTOpinion: Signing anchor tenants may not be a blessing for commercial property owners Major office and retail property landlords need to carefully balance filling up space with anchor tenants on sweet deals, with signi…

Payments company Adyen retains hiring pace despite tech slowdown “Over the past year, sometimes people were hiring so fast. And that’s something we’ve never done," says Ingo Uytdehaage, CFO of Adyen.

Customers of payment platform Get unable to use cards or withdraw money Get, which offers customers a pseudo bank account and debit card and has been heavily promoted by teenagers on TikTok, is not currently licensed by…

✍️Editorial: Target financial literacy education at the young to address crypto gambling In a recent survey, 40% of Singaporeans in their 20s and 30s are still keen on crypto bets in 2023, with many wishing to retire “in…

Fed’s message that rates will stay on hold for ‘some time’ clashes with 2023 rate-cut bets The central bank looks set on Wednesday (Dec 14) to increase its benchmark rate by 50 basis points after four straight 75 basis-p…