The Business Times

Lawyers seek funder for Credit Suisse AT1 bondholders’ class action If the bondholders are successful, they will not have to pay for the suit and will have a chance of getting perhaps 15-20% of their monies back, said a…

S-Reits losing appeal: Average yield of 6% is not good enough Investors should expect a yield of over 7% from S-Reits overall, based on the historical yield spread and the 10-year government bond yield.

Singapore-Malaysia QR code payment link a boost to cashless drive A food court operator in Johor Bahru said the greater convenience will enable more Singapore tourists to spend more freely “as they can order as much as t…

Singapore should avoid further GST hike, as high costs hurt competitiveness: Louis Chua Noting that wage growth for full-time workers barely outpaced inflation last year, Workers’ Party MP Louis Chua hoped the government…

COE premium for smaller cars surges to S$103,721, open category premium at S$124,501 A new record was also set for larger cars and more powerful EVs, with the COE premium ending at S$120,889, a 2.02% increase over the pr…

Amid global storms, Singapore must ‘double down’ on staying open: PM Lee He said that Singapore must not let these pressures create fault lines in society — be it “haves” versus “have nots”; “liberals” versus “conservati…

Striving for a sustainable future BRANDED CONTENT: From energy efficient products to community giving, Mitsubishi Electric Asia is working towards creating a vibrant and sustainable society for all.

New York tops world’s richest cities, Singapore is fifth The number of Singapore millionaires between 2012 and 2022, grew 40% to 240,100.

Meta prepares more layoffs across Facebook, WhatsApp, Instagram The move is part of a cost-cutting push that will eventually whittle away 10,000 positions at the company. A further round of cuts is set to follow in May.

Charting a better way to sustainability BRANDED CONTENT: Financial services group Singlife has made great strides in its journey to become a sustainable business.

Disney is poised to eliminate thousands of jobs next week The cuts will span TV, film, theme parks and corporate positions, and affect every region where Disney operates, sources say.

Emerging green technologies could change the way we live in the future BRANDED CONTENT: This investment firm aims to drive change across all sectors, from the fuel that powers our flights to the food we eat.

Rapper Michel says Jho Low paid US$20 million for Obama photo op Grammy-winning rapper Pras Michel told a federal jury in Washington that Low hired him to be a “celebrity surrogate” to get the photo.

Tech, banks in focus for Q1 reporting season, with economic weakness likely to weigh on earnings Earnings for Singapore's banking trio are expected to be resilient in Q1, but investors will be interested in their outlook…

🎥 Why are we paying for bad decisions made by banks? "The message the governments are sending out is you can have your funds and take these risks, and we'll be there to bail you out no matter what you do." Are banks too…

‘Far-reaching reforms’ needed to tackle economic pessimism before fertility falls further: Leon Perera WP MP Leon Perera added that studies have shown only 36% of respondents in Singapore feel that their families will be…

Three-day Paddock Club tickets at F1 Singapore GP snapped up despite price crossing five figures Tickets are going at $11,016 this year, more than a 10% increase from $9,898 in 2022.

Singapore to boost mid-career support, make training ‘more accessible’ Training will be made “more accessible” for working adults with competing commitments, while mid-career workers will get more targeted support such a…

UOB invests S$500m in Punggol Digital District tech and innovation centre UOB will build a 300,000 square foot centre to house around 3,000 staff in technology, innovation and digital roles to further the bank’s digital…

Katong Shopping Centre up for en bloc sale at S$638 million This is the third en bloc attempt for the owners of Katong Shopping Centre.

MAS chief Menon set to leave; Chia taking top job Ravi Menon, MAS' longest-serving chief, is poised to leave the central bank this year, sources say. Chia Der Jiun, one of his former deputies, is tipped to be his success…

China’s economic recovery picks up speed as Covid-19 curbs end GDP grew 4.5% year-on-year in the first three months of the year, faster than the 2.9% in the previous quarter and beating analyst forecasts.

Luno ceases Singapore crypto exchange, withdraws licence application Luno Singapore has advised customers to withdraw all cryptocurrency and Singapore dollars from their Luno Wallet by Jun 19, 2023.

#BTOpinion: OCBC’s metaverse branch shows virtualisation is tough Unintuitive, slow, glitchy and overall disappointing was how BT's Ben Cher found his first foray into OCBC's new metaverse. Perhaps it's more of a brandin…

Keppel Infrastructure Trust to launch equity funding exercise to raise at least S$240 million This comprises a private placement at a price between S$0.464 and S$0.477 per placement unit and a non-renounceable preferenti…

Buying sentiment turns cautious as Q1 new home sales fall below that of last year While sales of new private residential units continued rising in March, analysts note buyers are becoming wary ahead of a flood of new lau…

Integrated Shield riders: Fresh focus on cancer drug cover, brace for premium hikes IP riders now have additional cancer drug benefits far more than the base plans, raising the question of whether current premiums are su…

#BTOpinion: The rationale and risks of owning 1% in a Singapore private home While there are sound reasons for family members to jointly own a home, minority owners should be aware of potential risks - especially when wa…

Economic growth ‘non-negotiable’ for Singapore, even with shifts in social compact: DPM Wong “If we don’t grow the economic pie, there will be fewer jobs and less scope for social support. So please do not be mistaken,”…