The Business Times

#BTProperty2023: Core Central Region condominiums: long-term repricing potential Is it time for the Core Central Region properties to shine? Probably, given the influx of wealth into Singapore and ongoing efforts by the…

#BTLifestyle: Sneaker wonderland Step into street culture with the ArtScience Museum’s latest exhibition Sneakertopia, which features over 100 limited-edition sneakers.

Banks tweak card offerings to compete with buy-now-pay-later players To compete with emerging BNPL (buy now, pay later) players, several banks have introduced new cards or features that resemble BNPL products.

Malaysia unveils record RM388 billion budget; higher tax on the rich The budget includes a new luxury tax, excise tax on vape products, an increased tax rate for high-income earners, and a tax reduction for the middle-in…

#BTLifestyle: A house for parties and private retreats Nicknamed 'The House of Many Faces', this terrace house is a place for social gatherings and quiet contemplation.

#BTLifestyle: J.Man’s cooking comes full circle at Mod-Asian eatery Chef Jay Teo makes a solid comeback with a menu inspired by Singaporean flavours. Expect kaya toast macaroons and fluffy brioche-like rolls filled with…

Temasek, other institutions sued for ‘aiding and abetting’ FTX fraud The class action lawsuit, which named Temasek, claimed that “defendant venture capital firms wielded their power, influence and deep pockets to launch…

Singapore’s total fertility rate hit record low in 2022, help for aspiring parents Even as Singapore’s total fertility rate (TFR) hit a historic low of 1.05 in 2022, the government will support those with marriage and pa…

#BTOpinion: Credit – what is it good for? Young adults are gaining easier and earlier access to credit with new products such as Buy Now Pay Later, but may not be getting to grips with the consequences.

Economists still expect monetary policy tightening in April Maybank economists expect core inflation to “remain sticky and fall slowly in 2023” partly due to the planned expansion of the Progressive Wage Model to include…

Nearly 30 residential projects carrying 1,400 unsold units face critical sales deadline in 2023 For residential projects with five or more units, property developers are subject to an Additional Buyer’s Stamp Duty of 40%…

Replacing unproductive jobs is part of healthy economic growth: DPM Wong “This churn is an integral part of healthy economic growth... But it does create uncertainty for workers, because workers will need to reskill and…

Latest Singapore Savings Bond less than half subscribed The latest tranche of Singapore Savings Bond (SSBs) allotted on Friday (Feb 24) received a total of S$261.1 million in applications, out of the S$600 million offere…

Singapore cannot cut land prices to tackle housing costs: Lawrence Wong “If you were to try to artificially reset the housing market in this manner, you will risk destabilising the entire property market," said DPM Wong,…

Singapore has no ‘fiscal slack’ but must be careful with corporate tax moves: Lawrence Wong “We want to help Singaporeans tackle cost of living pressures, but we must be careful not to inadvertently generate more demand…

#BTProperty2023: Gems await buyers in HDB resale market The HDB resale market still provides options that suit various budgets - if buyers adjust their expectations and consider more affordable units in less central loca…

Malaysia's Pet World Nutritions eyes Singapore IPO as early as end-2023 The offering could give a lift to Singapore’s IPO activity, which amounted to only US$68.7 million last year, versus US$1.94 billion in 2021.

Hong Kong’s rich are ready to party again as VIP events multiply “It’s nice to see all my friends at these parties again; feels more exclusive than when it was all online,” said a woman who attended a Sotheby show and ow…

James Dyson taps top DBS banker Tan Su Shan to advise US$16 billion empire Tan Su Shan's appointment is one of the most high-profile for Dyson’s holding company. She is DBS’ group head of institutional banking.

OCBC’s Q4 profit up 34% at S$1.3 billion; final dividend at S$0.40 The final dividend of S$0.40 per share brings the total dividend for FY2022 to S$0.68 per share – up S$0.15 from the previous year.

MPs worry about impact of higher resale grants, suggest more support for families MP Gan Thiam Poh was concerned that the increase in CPF housing grants for first-timers may mean a sudden rise in resale prices, which wou…

Grab’s FY2022 losses drop 51% to US$1.7b, brings forward adjusted Ebitda breakeven guidance Grab CEO Anthony Tan said Grab focused on "capturing the rebound in mobility demand, optimising our costs, reducing our cost-to-…

Watchfinder cuts prices 15% as Rolex and Patek Philippe values slide “There is pain for sure. You see supply going up significantly for models that we would literally have killed for just a couple of months before,” said…

#BTOpinion: Smart money is on Singapore Airlines to build on its stellar results The carrier, flush with cash of S$15.4 billion, appears likely to redeem the mandatory convertible bonds issued in 2021 - and may even be a…

Singapore CEOs likely to get even richer after being forced to reveal pay “The result of disclosure has been a ratcheting up in pay - companies copy the pay practices of other companies as they fear being left behind wit…

Labour MPs suggest more support for the self-employed, unemployed MP Yeo Wan Ling said that self-employed persons face a paradox: they must upskill to earn more, but doing so takes time and eats into their income.

Make more profitable companies pay more in taxes, says NCMP Hazel Poa This is in contrast to the current situation, where those with the highest profits pay the lowest percentage of their profits as tax, said Poa.

IHH Healthcare chief Kelvin Loh’s surprise resignation follows slew of boardroom changes The 49-year-old healthcare veteran was believed to have been on leave since early January prior to his “voluntary resignation”, sou…

Singapore inflation higher in January; headline at 6.6%, core at 5.5% The month-on-month step-up in core inflation for January, due in part to the one-off increase in price levels following the GST hike, was expected.