The Business Times

Marina Gardens, Jurong Lake sites among 7 new housing plots to go up for sale in H1 2023 In all, the seven new sites in both the confirmed and reserved lists can generate 2,075 private homes

Malaysia opens probe into alleged misuse of RM600b in govt funds News of the probe comes as Prime Minister Anwar Ibrahim is reviewing projects and plans approved by past administrations.

Here’s what billionaires want to do with their money When it comes to commercial and investment opportunities, billionaires have the most positive outlook on the energy sector and Asia economies for the next five years.

China’s economy is in for a bumpy ride as Covid zero comes to an end Infections are likely to surge, forcing workers to stay home, businesses may run out of supplies, restaurants could be emptied of customers and hospita…

#BTOpinion: Singapore’s other pure-play Reits trading below book could do with strategic reviews too Most of the 10 S-Reits that are trading at the biggest discounts to book value are focused on a single asset class with…

Latest Singapore’s six-month Treasury bill offers decades-high yield of 4.4% The cut-off yield on the latest six-month Singapore’s Treasury bill that closed on Thursday (Dec 8) shot to 4.4% - the second highest since the…

Qatar draws 765k visitors, well short of expected 1.2 million target A huge surge in visitors at this stage is unlikely with only eight teams staying on in Doha, and eight games left.

Ensnared by celebrity endorsers, ease of use and an alluring nerd, FTX clients across Asia now pay the price A 31-year-old woman in Hong Kong, who had US$20,000 locked up in FTX, recalls thinking, "Sam (Bankman-Fried) ha…

HDB resale volumes recover slightly in Nov; prices inch up: SRX, 99.co Notably, the number of million-dollar HDB flat transactions dropped by 35% to 26 in November, from 40 in October.

MND increases supply of private homes, commercial space on confirmed list for H1 2023 A 6.8-hectare white site in Jurong East will be launched for sale in June to a master developer for progressive development into offic…

These are not the most expensive cities…unless you are an expat Only for those who send their children to an elite international school, have a live-in helper, and a taste for three-course gourmet dinners.

Wage growth in 2023 to stay robust even as slowing economy cuts labour demand One industry player believes that wage rises will plateau in 2023. "Even though businesses have to raise wages to be competitive, it doesn’t m…

Vehicle buyers to pay more as LTA increases its fees; registration fee up 59% to S$350 LTA said the hike was necessary to keep up with administration costs, adding that the last revision was in 2017.

China announces nationwide loosening of Covid restrictions Under the new guidelines, the frequency and scope of PCR testing – long a tedious mainstay of life in zero-Covid China – will be reduced.

COE premiums fall across the board, large car category sees biggest dip of 7.4% The biggest fall was in Category B, for cars above 1,600cc, which dropped by S$8,380 to S$105,501. Analyse historical COE data with The Busi…

MAS bans former UOB, OCBC bank staff who cheated seven people of almost S$2m Han Delong deceived seven customers into transferring nearly S$2 million to his personal bank accounts by promoting fictitious fixed deposits a…

Asean’s growth to slow in 2023, but region remains a bright spot in a slowing world The growth of economies including Indonesia, Malaysia, the Philippines and Singapore is expected to moderate to 4.4% in 2023, from a pro…

#BTOpinion: Closing the gap of adequate work injury compensation for platform workers The Advisory Committee on Platform Workers has made 12 recommendations to strengthen protections for gig workers. Let us do right by p…

HDB gives BTO cost breakdown; says pricing not linked to development cost HDB provides the breakdown of costs of building new BTO flats in FY2021/22, following parliamentary questions over the pricing and development cos…

Singapore unemployment rates hold steady at pre-Covid levels in October The Ministry of Manpower notes that among a group of 67,700 unemployed residents in October, 60,800 are citizens.

5 Questions with journalist turned crypto investor, Jon Russell "The recent collapse of FTX will hurt investors based in Asia, but ultimately the future of the industry is all the brighter if business standards are raise…

Beijing drops Covid-19 testing burden as wider easing beckons “Beijing readies itself for life again”, says a local newspaper, adding that people were “gradually embracing” their newfound freedoms.

Morgan Stanley will cut about 2,000 jobs ahead of potential US recession “We’ve learned some things during Covid about how we can operate more efficiently."

Making SRS part of your grown-up Christmas list The Supplementary Retirement Scheme (SRS) is a nifty hack to lower your tax bill and save more for your retirement.

Choppy waters ahead for shipping, but rates to stabilise above pre-pandemic levels Freight demand has softened due to lower end-consumer demand, fears of a recession and built-up inventories.

Overseas football fans at Qatar World Cup feel currency pain A bottle of beer there is nearly 10 times the price of what it costs at a convenience store in South Korea.

Workforce challenges can be solved through tripartism, say speakers at regional meeting Manpower Minister Tan See Leng said that through tripartism, Singapore was able to introduce job-saving measures and ensure responsi…

#BTOpinion: Don’t fear the credit card Consider using credit cards that contribute to higher interest rates on your savings account, especially as interest rates are rising and banks are jostling for deposits.