The Business Times

Pent-up demand floods Malaysia’s events industry as corporate ‘revenge spending’ continues “Companies and individuals have allocated the budget and are willing to spend after postponing their business events, annual dinn…

What sets Singapore banks apart from Credit Suisse: Phillip Securities The local banking trio has managed to remain profitable with a positive ROE of about 12.5 per cent, versus Credit Suisse’s negative ROE of 16.1 per c…

Reality check for landlords as rents may have peaked; viewings decline Agents pointed to the gap between landlords’ expectations and what tenants are willing to pay.

MAS says Credit Suisse’s Singapore operations unaffected, local banking stability to remain intact Customers of Credit Suisse will continue to have full access to their accounts, while the bank’s contracts with counterpa…

🏦 Here are the latest developments with Credit Suisse: 1. Credit Suisse perpetual securities’ prices fall to distressed levels 2. Central banks try to calm markets after UBS deal to buy Credit Suisse 3. Credit Suisse sa…

Bailing out retail or commercial banks is bad business for central banks Critics say the bailout creates a moral hazard - the government inadvertently incentivizes risk-taking by setting the precedent of a rescue and wou…

Tighter rules for corporate finance advisers may weigh on listings’ attractiveness But some believe trading fewer listings in favour of quality may be helpful for the market.

#BTLifestyle: Luxury leather bags could be your next cash cow A fashionable investment: Heritage brands and classic styles like Hermes’ Birkin and Chanel’s Classic Flap in quilted caviar leather will always remain the mo…

Women more likely to bag jobs paying US$100,000 despite fewer applications Women tend to hold back from applying for jobs unless they’re 100% qualified, while men tend to apply for positions even where they don’t meet al…

#BTOpinion: Delisting plans by Golden Energy, Boustead Projects a test of SGX’s rules, stated views SGX should devise a strategy to manage companies that attempt to slip away from the public market without properly compe…

Singapore’s Q2 business outlook deteriorates for fifth consecutive quarter: Singapore Commercial Credit Bureau The outlook for local businesses deteriorated slightly owing to a slowdown in manufacturing and wholesale tra…

PwC’s 4,000 legal staffers get AI assistant as law chatbots gain steam PwC said AI will not provide legal advice to its clients and “will not replace lawyers”.

#BTLifestyle: Mining the past for artistic inspiration From the 1851 novel Moby Dick to classic Surrealist paintings, past artistic legacies provide fertile ground for three solo shows.

Thomson Medical’s ‘young-blood’ duo set to pump up firm’s expansion game "We don’t want to be complacent about our current positioning... and want to see ourselves basically as a platform for South-east Asia,” said Thoms…

#BTLifestyle: In a parallel universe, these Oscars 2023 nominations could have won These acting nominees were never going to win. But their performances lifted low-key dramas to another level.

#BTLifestyle: Reiwa Soba Kappo: Spicy Japanese noodles and izakaya fare in Chinatown eatery The food is serviceable at best, but the prices are reasonable and it boasts a warm Japanese charm plus healthy buckwheat noodle…

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UBS explores buying all or parts of Credit Suisse Swiss officials are pushing UBS to look at various ways it could be involved with a solution for Credit Suisse and it is unclear whether any deal will result, sources say…

Further weakness ahead for Singapore exports after 5 months of contraction: economists Economists continue to expect weakness in global demand on the back of further monetary policy tightening and worries about economic…

Sentosa Cove property sales pick up in H2 2022 Bungalow sales in Sentosa Cove have jumped almost 60% in value to S$207.5 million, with 10 units sold in the July-December 2022 period.

China decides to protect Hong Kong as a financial centre Hong Kong has noticed a marked outflowing of wealth management operations to Singapore and is now putting together a well-funded campaign to try to reverse the tre…

ST Engineering wins S$430 million rail services contract in Taiwan The contract will add to ST Engineering Urban Solutions’ global track record of 200 smart metro projects in more than 50 cities.

#Brunch: Are young Singaporeans spending too much? Young adults are often written off as self-indulgent and financially irresponsible, blowing their money on Grab and S$7 coffee instead of saving for the future. BT's Ry-…

Last Qing emperor Puyi’s Patek Philippe to go on auction It’s not known how Aisin-Gioro Puyi obtained the watch, which was finished by Patek Philippe in 1937, but he managed to keep it throughout his turbulent life after…

Keppel and Cambodian group ink pact to create Singapore’s largest cross-border electricity contract It's a move that marks Singapore’s largest cross-border electricity contract and progress in the city-state’s decarbonis…

Thrive celebrates official launch at Projector X What does thriving in life mean to you? Over 150 young adults and industry professionals attended the official launch of Thrive, the young audience initiative of The Busin…

Singapore banking trio’s exposures to Credit Suisse are insignificant: MAS MAS notes that Credit Suisse operates a branch in Singapore, but its main activities are private banking and investment banking, and it does not…

Major US banks inject US$30 billion to rescue First Republic Bank Some of the biggest US banking names including JPMorgan Chase & Co, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley poured US$30 billion into…