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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 Березень 2023

319 публікацій
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🎥 Fair for leasing agents to charge tenants a commission? Are tenants in for more pain as leasing agents now charge them a commission? Here’s why leasing agents see such fees as an edge over direct tenants who approach…

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Laid off or 'managed out'? The Ministry of Manpower announced recently it will investigate cases of employers misclassifying employees to avoid employer obligations. In a previous #brunch piece, we look at other subtle w…

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Defensive equities, high-grade fixed income, gold to outperform amid US banking system concerns Analysts expect the Singapore market to mirror a retreat in US equity indices as banks drag on markets, while defensive stoc…

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Apple to splash US$1 billion a year on films to break into cinemas It's part of an ambitious effort to raise its profile in Hollywood and lure subscribers to its streaming service.

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#BTLifestyle: Hong Kong affirms pole position as art market hub with sizzling sales figures There were several million-dollar transactions on the first day including a Yayoi Kusama dotted pumpkin sculpture that was sold…

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One floor at upcoming office project Solitaire on Cecil sold for S$52.3 million The 12th floor of the upcoming project Solitaire on Cecil has been sold for a record-breaking S$4,196 per square foot.

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#BTLifestyle: Osaka star chef makes shaky Singapore debut with grill concept at Hanazen Yusuke Takada of La Cime may need more time to bring his French-inspired kushiyaki eatery up to the level diners expect.

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Jobs portal Indeed shuts Singapore tech office amid global layoffs The company is closing its Anson Road tech office as it battles a slowdown in business, with more than 200 Singapore-based employees losing their jobs.

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Irrational market blamed for Deutsche Bank share plunge; Citi analysts warn of self-fulfilling prophecy Deutsche Bank shares plunged the most in three years on Friday (Mar 24), suggesting that a week of soothing words fr…

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Asean-China economic cooperation can progress faster when political issues are also worked on: PM Lee He said that accommodating China’s rise on the global stage required statesmanship and give-and-take by all parties.

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‘Clean’ comedian Jim Gaffigan returns to Singapore for one night only Three-time Emmy-winning funny man returns to Singapore on Apr 2 with his current Dark Pale Tour. 🎟 BT is giving away three pairs of tickets to subscr…

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UBS offers retention packages to Credit Suisse Asia wealth bankers: sources UBS promised retention packages to wealth-management staff in Asia at Credit Suisse, as the bank tries to stem a talent exodus after the takeove…

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TikTok CEO grilled over ties to China “Congressman, first, I'm a Singaporean,” said TikTok CEO Chew Shou Zi when asked if he and all China TikTok employees are required by Chinese law to handover data to the Chinese gove…

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#Brunch: Where can Singapore take the lead in alternative proteins? Even after overcoming technological challenges, high production costs and regulatory roadblocks, will Singapore ever be a hub for mass production?

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Why Apac banks have limited exposure to recent US bank failures Fitch Ratings claims that direct exposures to the recent failures from Silicon Valley Bank and Signature Bank appear to be limited for banks in the Asia-Pac…

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Hong Kong mansion receives Asia record offer A buyer from mainland China has offered HK$1.2 billion (S$202.8 million) for it, which would mark a new Asia record for price per square foot, at HK$255,000 (S$43,100).

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Singapore’s February factory output down a sharp 8.9% in fifth month of contraction Singapore's factory output contracted more sharply in February, dragged by a steeper production decline in pharmaceuticals and electroni…

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Singapore-based crypto companies account for most of industry’s layoffs Singapore is used to being at the top for many things - including beating the industry’s layoffs in major cities such as San Francisco (Bay Area) wh…

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Economists split on monetary policy tightening in April after February inflation data “If systemic impact and contagion risks on the US and global financial sector continues to be reduced by actions from the major centra…

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Fewer job options for bankers following Credit Suisse takeover Displaced investment bankers may also face some hurdles marketing their skillsets to the local trio of banks, which are likely to be cautious. “The Singapore…

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Construction deadline for MBS’ S$4.5 billion extension pushed back again to April 2024 This is the second time the construction deadline for MBS’ extension is being pushed back.

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UOB chief executive Wee Ee Cheong’s 2022 salary rises 30.2% to hit S$14.2 million Wee said in the annual report that 2022 was a strong year financially for the bank.

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C&C adds foodpanda to electric two-wheel vehicle battery swapping pilot Cycle & Carriage Singapore will lease Gogoro 2 Series Smartscooters to foodpanda riders, who can swap out depleted batteries for new ones in seconds…

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#BTOpinion: The ongoing banking debacle is not a rerun of the global financial crisis – neither its good nor its bad bits The good news is that the current banking crisis may be much less damaging than the global financi…

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From Facebook intern to TikTok CEO: Who is Singaporean Chew Shou Zi? On Thursday (Mar 23), he will testify before the US House Energy and Commerce Committee as he faces tough scrutiny over TikTok’s data practices and all…

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Over 120 staff of job site Indeed laid off in Singapore as hiring boom cools US-based job search platform Indeed retrenched workers across several teams in Singapore including software engineering, product development an…

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📌[Exclusively for BT subscribers] From now till 31 March, we are giving away Takashimaya shopping vouchers worth $50! Guess the correct answer and stand a chance to be one of the winners in this quiz. Click here for the…

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Singapore headline inflation eases to 6.3% in February; core holds steady at 5.5% The authorities noted that prices of energy commodities have declined recently, though regional inflation will remain supported by resilie…

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Participation in SkillsFuture Singapore programmes falls in 2022; still higher than 2019 The top three areas of training were F&B, information and communications technology, and security and investigation.

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CDL, MCL to start previews for Tembusu Grand at prices from S$2,296 psf Located along Tanjong Katong Road, one-bedroom units with a study, sized from 527 sq ft to 646 sq ft, will start at S$1.248 million, or about S$2,36…

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