The Business Times

Singapore key exports contract 15.6% in February Non-oil domestic exports declined by 15.6% year on year in February, an improvement from the 25% tumble in January, on the back of contractions in electronics and non-elec…

Singapore’s F&B industry back to pre-Covid levels but cautious outlook remains New entrants to the high-end scene mean more competition; inbound tourism isn't making up for Singaporeans who are travelling rather than din…

#BTOpinion: Ho Bee hasn’t clinched a Singapore residential plot in over a decade. That may be a good thing Ho Bee Land was a stock market darling from 2006 to 2010, reaping bumper profits from developing homes in the Sen…

Singapore, Indonesia ink agreements on tech talent, smart cities during Jokowi’s visit Singapore Prime Minister Lee Hsien Loong said bilateral relations are in “excellent order”, with both countries having taken a “major…

LTA revises toll charges at Tuas Checkpoint effective Mar 31 This will apply to all vehicles except motorcycles.

Cut-off yield on latest six-month Singapore Treasury bill drops to 3.65% This was the lowest since last September’s 3.32%.

GIC, Temasek join US$6.5 billion fundraise of US fintech Stripe Stripe emphasised that it “does not need this capital to run its business”, but the fundraise gives employees “the opportunity to access the value they’ve h…

Credit Suisse: What exactly is going on? Shares of the bank plunged to an all-time low after its top investor ruled out further assistance, leading to the government, central bank and financial regulators stepping in to…

Taiwan shipping giant Evergreen to give staff 11-month mid-year bonus after massive year-end payout This brings the potential combined bonuses for 2022 to more than five years’ pay.

Changi Airport regains crown, named world’s best airport for 12th time The airport was also named best in Asia, best in the world for leisure amenities, and best in the world for airport dining at the 2023 World Airport…

Credit Suisse crisis hits crucial stage as banks seek protection Its stock fell 31%, hitting new record lows, and prices on its benchmark bonds sank to levels that indicate the lender is in deep financial stress — someth…

Credit Suisse hits record low, biggest backer says can't put up more money Credit Suisse shares slid by as much as 10.5% to a new record low, as its largest investor said it could not provide the Swiss bank with more fin…

Heritas, DBS tackle “severe underfunding” of social enterprises with new impact fund The Asia Impact First Fund is expected to provide growth-stage capital to 10 to 15 Asian social enterprises, with cheque sizes of up to…

Facebook-parent Meta to lay off 10,000 employees in second round of job cuts “We expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired,” said CEO…

Wing Tai buys Holland Tower for S$76.3 million Holland Tower was put up for collective sale via public tender in February 2023 and its owners were seeking S$76 million for the property or S$1,739 psf ppr.

SVB collapse puts spotlight on S-Reits’ balance sheets With widespread anticipation of tougher credit conditions, this could be troublesome for Reits – a favoured asset class among investors in Singapore.

New private residential units sold in February up 9.9% from January, but still down 20.3% year on year “Buyers are viewing the marginal increase in buyer’s stamp duty as a wealth tax, and it is not deterring them from bu…

Michelle Yeoh: The crisis that changed my life 8 years ago keeps happening "I’m 60 years old and I just won my first Oscar. I know something about perseverance." You may have heard about Michelle Yeoh and the Oscars, but…

Biotech startup works to close Singapore’s food-waste loop with black soldier flies Larvae digest food waste and excrete nutrient-rich “frass” that can be used as fertiliser. The larvae themselves are harvested and turne…

Coinbase bets on Singapore despite rocky year Crypto exchange Coinbase remains bullish about its prospects in Asia as it embarks on international growth, even as investors lick their wounds from the crypto market plunge.

Singapore’s total employment growth hits record level in 2022 on return of foreign workers Total employment grew by an unprecedented 227,800 last year, reaching 2.9% above its pre-pandemic level in 2019.

Fed seen raising rates by 25 bps next week and in May Expectations shifted abruptly after a bank run triggered the failure of two banks and a dramatic move over the weekend by the Fed and other US regulators.

B2B startups look more attractive in tough climate, but VCs need different skills for this game B2B startups typically have better capital efficiency and are less likely to burn cash to acquire new customers.

Regret and blame in Silicon Valley after bank run “I am so angry. And sad and scared. Just remember, we did this collectively,” tweeted a startup entrepreneur.

#BTOpinion: Local banking trio not recession proof, but long-term growth prospects look good While timing the market is tricky, buying Singapore equities merits serious consideration, says BT's Leslie Yee, adding that DB…

Banks, STI stocks come out tops as Singapore Q4 corporate earnings rise 24.6% Of the 367 SGX-listed companies that released their full-year results, 262 companies ended the year in the black, and 105 in the red.

As Sea awes investors with profits, its challenge is sustaining momentum While CEO Forrest Li expressed caution on “near-term fluctuations” due to macro factors, he added that he is “highly confident" in the long-term gr…

After mega-IPO, Thailand pet food giant ITC takes aim at premium market i-Tail Corporation's new cattery, with 48 cats "employed" to test the company's premium cat food, will open in March 2023.