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The Business Times

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South-east Asia's leading financial news site.

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Пости за Лютий 2023

318 публікацій

Latest 6-month T-bill offers 3.88% yield; March Singapore Savings Bond opens with 10-year average return of 2.9% Yields for T-bills have been falling in recent months and seemed to have peaked, while interest in the Sing…

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Singapore property market braces for surging Chinese demand, immigration interest Chinese have been the largest foreign buyer group in Singapore since 2016 and made up 6.9% of foreign purchases of private apartments last…

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DBS to subsidise 5 million hawker meals amid rising food prices Singaporeans and residents who use DBS’ mobile wallet app PayLah! to pay for their meals will receive a subsidy of S$3. The subsidies, available every Frida…

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Share prices of Singapore banks dip following expectations of Fed rate hikes ending The local banking trio were all trading in the red, with DBS leading the fall with a 1.5% decline.

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Bukit Sembawang’s chief operating officer resigns just one year into job Chief operating officer Charles Chow has resigned from his role to pursue other career opportunities, said the company.

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Federal Reserve delivers small 25 bps rate hike, still anticipates ‘ongoing increases’ in borrowing costs Fed Chair Jerome Powell emphasised that recent progress on inflation – while “gratifying” - is still insufficient…

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Tin Pei Ling joins Grab Singapore as director of public affairs and policy Tin, who is the MP for MacPherson, joined the Nasdaq-listed company in January, Grab confirmed on Wednesday (Feb 1).

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#BTOpinion: ComfortDelGro’s venture arm may need fuller autonomy if it is to live up to its potential ComfortDelGro's venture arm has not made investments at a regular pace compared to its peers. Having a separate head a…

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WhiteCoat sets sights on regional health passport; seeks fresh US$25 million in funding WhiteCoat aims to create a regional healthcare passport - a first - that allows for cross-border consultations via a single app, wit…

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Grab Singapore grapples with driver shortages Grab's attempts to scale up its supply comes as commuters face longer waiting times and fare surges due to the driver shortage.

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#Budget2023 lookahead: Climate tech investments, positioning Singapore as ESG arbitration centre: PwC’s Budget 2023 wishlist Encouraging climate tech breakthroughs will not only facilitate Singapore’s green ambitions, it…

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EMA to consult public on proposed enhancements to electricity retailer regulatory framework EMA said the proposed enhancements “seek to strengthen the resiliency of all retailers, in particular their ability to withstand…

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More companies tap EnterpriseSG to expand overseas in 2022 as borders reopen Some 2,000 firms ventured abroad in 2022, a 25% increase from the last two years, when international borders were not largely closed during the…

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Exxon beats estimates, posts record US$56b 2022 profit Full-year profit of US$55.7 billion far exceeded Exxon’s prior record of US$45.2 billion in 2008, which at the time marked the biggest in US corporate history.

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UOB, BT kick off award for those who walk the sustainability talk Nominations are now open for the inaugural Sustainability Impact Awards, which were inspired by what BT Editor Chen Huifen described as an attempt to comb…

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Malaysia bags RM13 billion in foreign direct investment from three investors after Singapore mission Sea, one of the three companies, committed to expanding its investments and creating over 2,000 jobs in Malaysia.

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Singapore to buy electricity from Malaysia for first time from second half of 2023 Local power producer YTL PowerSeraya will purchase 100 megawatts of electricity over two years from TNB Power Generation’s gas-fired plan…

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Property auctions, mortgagee sales seen surging in 2023 on rising bankruptcies Industry watchers forsee more “distressed sales” in 2023, especially in its second half, when borrowers start feeling the strain of their inc…

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