The Business Times

Iras raises penalties for late tax filers in 2023 PSA: File your tax returns before April 18 or face a fine of up to S$5,000.

US sanctions firms in Singapore, Malaysia over Iran petrol links Singapore is an important hub for the oil and gas trade and media reports have surfaced of local companies helping countries like Iran and Russia evade US…

Sembcorp to establish another 5 Vietnam Singapore Industrial Parks with Becamex Sembcorp Industries and Becamex IDC Corporation will co-establish five Vietnam Singapore Industrial Parks in Vietnam, valued at approximatel…

Frasers Property posts pre-sold revenue of S$2.7 billion as at Dec 2022 Frasers Property noted that sales of launched projects continued to strengthen despite property curbs introduced in December 2021 and September last…

Meyer Park sold to UOL-Singapore Land Group JV for S$392.18 million in third en bloc attempt Depending on the apartment size, each unit stands to receive approximately S$5.25 million to S$7.26 million from the collective…

#BTOpinion: Bukit Sembawang ticks all the right boxes, so why aren’t investors biting? Bukit Sembawang may face challenges if a global recession occurs, as buyers may prefer prudence over splurging on luxury properties.

Security agency Apro disputes NTUC announcement of its right-sizing exercise; union stands by its actions Apro disputed NTUC’s characterisation of it as attempting to reset the wages or employment terms of workers.

Will ACS (Primary) move turn Tengah into the new Bishan? Raffles Institution and Catholic High relocated to Bishan in the 1990s, when Bishan was still being built up. Prices of HDB homes there have since skyrocketed. Wil…

Economic cooperation a ‘key pillar’ of the Singapore-Vietnam relationship: PM Lee Bilateral trade between Singapore and Vietnam has grown steadily over the past decade to reach S$31.3 billion last year.

SGX posts 30.1% rise in H1 profit to S$284.6 million SGX said the increase in net profit came on the back of a 9.6% growth in revenue to S$571.4 million, driven mainly by an increase in derivatives trading and clearing r…

Anglo-Chinese School (Primary) to move to Tengah and take in girls from 2030 The relocated ACS Primary will start operations in 2030 with only new Primary 1 pupils, in other words, those born in 2023.

Singapore scores record high of S$22.5 billion in fixed asset investment commitments in 2022 But the same level of investment inflows is not expected this year in view of global macroeconomic uncertainties, increased com…

[BREAKING] Covid-19 testing, treatment no longer fully subsidised from Apr 1; vaccines still free From Apr 1, there will no longer be a full subsidy for Covid-19 treatment in hospitals and Covid-19 Treatment Facilities.…

[BREAKING] Masks no longer mandatory, Covid-19 border measures removed as Singapore enters Dorscon Green Singapore will move from Dorscon Yellow to Dorscon Green on Feb 13. Mask-wearing will no longer be legally mandated…

HDB resale prices accelerate in Jan as million-dollar units nearly double: SRX, 99.co The number of flats that transacted for at least S$1 million last month rose to 40, nearly double from the 28 transactions recorded in…

Singapore’s median household income edges up 0.2% in real terms in 2022, amid high inflation The median monthly income from work was S$10,099 for resident employed households, up from S$9,520 in 2021.

Singapore banks to see margin growth, may deliver special dividends for Q4: analysts Based on current surplus capital levels, DBS and OCBC likely have the most upside potential for special dividends, say analysts.

Temasek prices 4-year euro bonds at 3.25% and 10-year bonds at 3.5% Temasek noted strong interest in the bonds from high-quality institutional, accredited and other investors.

Singaporeans will not have to worry about having an affordable home to call their own: PM Lee PM Lee Hsien Loong said the government is working to ramp up the supply of flats, cool the resale market and keep flats afford…

🎧 BT Future of Finance: Sticking to your guns in uncertain times With a brooding recession predicted for the US, how will the continuing volatility affect your portfolio and your life? For more insights, we speak to Mic…

OCBC’s police report: Who is Susilo Wonowidjojo, and what’s the story with Gudang Garam? Listed by Forbes as Indonesia's 14th-richest man, Susilo Wonowidjojo is facing fraud allegations relating to some 232 billion rupia…

Singapore’s government revenue would lag spending in FY2026-30, if not for Budget 2022 tax changes Government spending is projected to rise to about 19-20% of GDP in FY2026-2030, driven by healthcare and infrastructure s…

COE premiums up for commercial vehicles and motorcycles in first tender under new quota The motorcycle premium was S$11,602 - 4.5% more than last round’s S$11,101.

Federal Reserve’s Powell says job strength shows inflation fight may last ‘quite a bit of time’ The current 3.4% US unemployment rate may be beyond “maximum employment” and likely would need to rise for inflation to retu…

#BTGarage: 5 Questions with quantum scientist Dr Tan Si-Hui "If you think you understand quantum mechanics, you’re fooling yourself and closing yourself off to possibilities that can lead to future discoveries." In this…

Sias queries Sembmarine on financials, board accountability relating to KOM deal The queries come ahead of Sembmarine’s extraordinary general meeting next Thursday (Feb 16) where shareholders would vote on the deal.

Union intervenes to stop security agency from demoting 300 officers to ‘reset’ their wages The demotions came as the agency, which is unnamed, no longer had the contracts to keep these officers at their current job ranks…

Singapore, Dubai to lead price growth in prime residential markets amid slowdown worldwide Singapore will be one of the cities worldwide to post some of the highest prime capital value growth in 2023, according to Savill…