The Business Times

Scoot to ride China’s reopening to ramp up capacity above pre-pandemic levels “One country that we were eagerly waiting for reopening was China,” said Scoot’s CEO Leslie Thng. “When China was not opened, it was difficult…

Singapore among top cities for ultra-prime residential property sales in 2022: Knight Frank 1. London 2. New York 4. Hong Kong 6. Singapore

Global Investor Programme minimums rise to S$10 million for business investment, S$25 million for funds EDB says the changes would encourage GIP investors to deploy more funds in the local financial system and generate m…

Five-cent plastic bag charge from July 3 at large supermarket chains The move applies to supermarket operators with an annual turnover of more than S$100 million: NTUC Fairprice, Sheng Siong, Cold Storage, Giant, and Pri…

US$1 billion AUM in just 4 months: Farro taps Singapore’s wealth clans “We’re looking at adding another 50 families in the next 18 to 24 months with an average AUM contribution of US$30 million each," said the multi-fami…

Empowering Singaporeans to manage ‘career health’ while supporting vulnerable workers Singaporeans must take charge of their “career health” by taking “deliberate and purposeful steps” to stay ahead of the competition, s…

Nearly half of S-Reits suffer DPU declines in H2 – more pain for investors lies ahead Of the 35 S-Reits that reported gross revenue figures for the latest quarter or half-year period, 26 saw an improvement – mostly due t…

#BTProperty2023: Mass-market condos’ demand and prices supported by firm fundamentals HDB upgraders prefer mass-market condominiums as they are the most affordable type of private housing, with a typical 3-bedroom unit r…

World’s rich take advantage as US$1 trillion property market craters Wealthy individuals, family offices and closely held companies spent US$455 billion last year on commercial real estate.

Interest rates on latest Singapore Savings Bonds rise again; 10-year average return at 3.15% Interest rates on the latest issuance of Singapore Savings Bonds (SSBs), which opened on Wednesday (Mar 1), have risen again, f…

Singapore’s market cap down 4.3% in February amid earnings hit, persistent inflation worries In February, Keppel Corporation was one of the biggest losers in value month on month, losing S$3.8 billion to hit a market cap…

‘Non-traditional source’ work permit holders subject to 8% quota, must earn at least S$2,000 The sub-quota guards against overreliance on such workers and ensures that employers diversify their workforce, while the salar…

Indonesian palm oil tycoon fined record 41.9 trillion rupiah, first graft penalty based on losses to economy Surya Darmadi bribed officials to allow his companies to grow oil palm trees on land previously declared as nat…

How 5G disappointed ‘pretty much everybody’ 4G is good enough for most people, and 5G jargon is often impenetrable. Terms like “low latency”, “network slicing”, “zero rating” and “massive IoT” are unlikely to get the pul…

Grab’s cash-advance scheme deemed to have sufficient safeguards: MinLaw This was in response to a query on the scheme’s regulation, which has stirred debate over the high admin fee charged to gig workers for cash advance…

Sembmarine: Out with the old, in with the new If Sembmarine overcomes the massive integration challenges ahead and steps up the order book momentum with its newly-created girth, the medium to longer term is set to look b…

Changes for stricter Bar exam and longer training for Singapore law grads pushed to 2024 The Ministry of Law said that the deferment “takes into account the impact of the Covid-19 pandemic, and provides more time for ind…

Modern services get boost to create 100,000 jobs, as Singapore strengthens its business hub status In the face of rising costs, biting resource constraints and a more challenging international environment, companies and…

Keppel O&M chief Chris Ong appointed CEO of combined O&M entity Sembmarine announced that the combination closed on Tuesday. With this, Keppel O&M is a wholly-owned subsidiary of Sembmarine.