The Business Times

TikTok added to list of Internet companies with additional Pofma responsibilities TikTok will now have additional obligations to help combat fake news, including preventing abuse by bots and ensuring online transparency…

The Marq sets record $100,000 rental amid softening in wider market At The Marq on Paterson Hill, a four-bedroom apartment of 6,300-6,400 sq ft was signed at S$100,000 in a lease starting from October 2022. It is a 25% j…

Temasek’s SeaTown invests S$150 million to set up medical group Foundation Healthcare It is estimated to have a pro forma revenue of over S$130 million, making it one of Singapore’s largest private healthcare groups, Sea…

Singapore tourist arrivals rise to 957,605 in February The month’s increase “highlights an expectation of a sustainable recovery pattern”, said Colliers’ executive director of hotels and leisure in Asia.

Webtoons are comics for your phone, and they are driving investments into the entertainment media industry A key factor for webtoons’ rising popularity is its easy access through smartphones, and well-suited for an audie…

OCBC and UOB customers can tap CPF funds to buy T-bills online from Mar 31 and Apr 22 respectively OCBC and UOB's CPF Investment Account investors, like DBS or POSB customers, will soon be able to buy Treasury bills thro…

Xi clinches third presidential term amid host of challenges Nearly 3,000 members of China’s rubber-stamp parliament, the National People’s Congress, voted unanimously for Xi in an election where there was no other candid…

Sea cuts more jobs at Shopee days after posting surprise profit The latest cuts affect fewer than 500 full-time and contract workers in Shopee’s customer service team in Indonesia.

#BTThrive: Join us at Thrive's first-ever hangout on 16 March! 🥳🎉 Adulting's tough, but you don't have to do it alone. 🍻 Join The Business Times' Thrive community and navigate career, money and life. There'll be food,…

Singapore keen to facilitate US-China dialogue amid tensions “We will also do our best to facilitate dialogue and engagement with the US and China through our businesses... so that we can foster a collaborative relations…

Grab’s finance chief reduces stake through US$1.1 million share sale “The sale was done strictly to cover tax obligations. This is a common practice by executives of listed companies," Grab said.

Former Malaysian PM Muhyiddin charged with abuse of power, money laundering Muhyuddin, who led the country for 17 months between 2020 and 2021, becomes the second Malaysian leader to be charged with crimes after losing p…

Tightening by central banks not about to end, says MAS’ Ravi Menon He said expectations that monetary policy tightening will end soon or even start to be eased are “excessively optimistic”.

Ex-Goldman banker sentenced to 10 years in 1MDB scandal “Roger Ng was a central player in a brazen and audacious scheme that not only victimised the people of Malaysia, but also risked undermining the public’s confidence…

#BTOpinion: Global tax changes are a chance for Singapore to rethink investor incentives The next generation of business incentives could bring together domestic and regional strengths, offering investors the best of bot…

SPH Media comments on recent senior hires, outlines approach towards talent SPH Media has addressed comments from the public about its hiring of former staff from IT services and consulting firm Accenture.

Rolex, Patek investment beats S&P gains over five years Prices for Rolex, Patek Philippe and Audemars Piguet watches appreciated by an average of 20% a year since mid-2018, outpacing the S&P 500 Index.

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#BTOpinion: Venture-backed tech unicorns are behaving like normal businesses, finally They are now feeling a burning need to reorder their priorities and focus on what ultimately matters to the survival of a business: pr…

The pursuit of economic growth in an environment of rising costs “Growth remains paramount, because if we do not grow the economy, and we have a shrinking pie, things will be much more difficult for Singapore,” said Fina…

Malaysia’s ex-PM Muhyiddin to be charged with corruption Muhyiddin and his party have faced graft investigations since losing to Prime Minister Anwar Ibrahim in a tightly contested election in November.

HDB resale prices flatten in February, ending 31-month rally: SRX, 99.co Resale prices stopped increasing for the first time since June 2020, holding steady in February 2023 compared to the month before, according to fla…

DBS chief Piyush Gupta’s annual salary rises 13.2% to S$15.4 million in 2022 DBS said Gupta’s latest annual remuneration comes in recognition of his performance for 2022, which represented a breakout year financially des…

Surbana Jurong names Aecom’s Sean Chiao as new group CEO Surbana Jurong is confident that it has found “the right leader” in Chiao, after undertaking “a rigorous global search for a group CEO”.

Puzzling that CPF nomination automatically revoked by marriage but not divorce, says judge An 80-year-old man, who had been divorced for 36 years, made two unsuccessful attempts via the online CPF portal to nominate his…

Diversification is key as healthcare S-Reits adjust to end of pandemic: analysts The last two years have been good years for healthcare S-Reits, but they must capture new growth pillars as the sector normalises and the e…

Cycle & Carriage is bringing Chinese EV brand Ora to Singapore C&C believes Ora’s entry in Singapore will allow the group to tap a new customer segment that is “younger, more value-oriented, appreciates safety features,…

JTC reviewing self-storage operators’ use of industrial space JTC Corporation's review comes amid rising demand for self-storage services, and a corresponding surge in demand for industrial space by industry players.

China’s students leap ‘Great Firewall’ to get homework help from ChatGPT “My mum would stay up late until I finished all my homework, and we would fight constantly. Now, ChatGPT helps me to do the research quickly,” says…

COE premium for commercial vehicles hit new high for third time in 2023 At S$91,101, the premium for commercial vehicle COE – applicable for vans, trucks and lorries – was 3.8% higher than the S$87,790 posted a fortnight…