The Business Times

Temasek caps exposure to early-stage companies at 6% One way Temasek manages risk is by diversification, with about half of its early-stage investments spread across 200 companies, including FTX.

Special and MediSave Account interest rate to increase in Q3 2023, other CPF accounts unchanged The interest rate for the Special and MediSave Account of CPF members will increase to 4.01% per annum, up from 4%, for the…

High inflation chips away decade-high growth in salaries in 2022, with real wages growing just 0.4% With headline inflation at 6.1% in 2022, real wage growth was just a marginal 0.4%.

Singapore housing agents reap bumper commissions in 2022 even as sales volume slows At one agency, agents earned a median monthly commission of S$5,000 last year, compared to S$3,160-S$3,420 in the last market peak in 20…

Temasek cuts employee compensation after failed FTX investment Temasek said that while it found no misconduct by its investment team, it and senior management took “collective accountability” and had their compensation l…

Nearly 3,000 flats in Tengah to be offered at May 30 BTO launch When Anglo-Chinese School (ACS) Primary moves to the town in 2030, it will be located within 1 km of Parc Meadow @ Tengah, the largest housing project in th…

Global dividends hit first quarter record US$326.7 billion Companies worldwide doled out a record US$326.7 billion in dividends to shareholders in the first quarter, pushed up by banks, oil giants and automakers.

Congrats, college grad. Good luck finding that dream job It took nine months and more than 100 job applications for a computer science graduate from Harvard University to land a job offer. The trick? Pivoting away from b…

The Reserve Residences sells 520 units, or 71% of project, at average S$2,460 psf All one-bedroom units were sold, with 99% of buyers being Singaporeans and permanent residents.

#BTLifestyle: Sifa 2023: Mixed bag of hits and misses One highlight is Belgian work £¥€$ (Lies), which invites the audience to a croupier’s table to play a high-stakes game involving the global economy.

#BTLifestyle: Food review: Tinto brings casual Spanish fare and garden flair to Dempsey in Daniel and Tamara Chavez’s new venture Food is secondary to ambience but it all adds up into a pleasant package at this new eater…

Private banking transformation starts with its underlying philosophy: UOB’s Chew Mun Yew Chew Mun Yew, UOB's managing director and head of private wealth, has taken a unique career path, with stints as a philosophy teach…

Why Singapore depository receipts (SDRs) are quite different from Clob In 1998, Malaysia banned trading of Malaysian shares on Clob International as an unrecognised exchange, leaving many retail Singaporean investors stu…

South-east Asia palm oil stocks battle lower revenue, earnings amid weakening CPO prices Palm oil futures have fallen year to date, softening after a prolonged period of strength last year. And more troubles lie ahead, w…

China’s US$23 trillion local debt mess is about to get worse China’s total government debt is estimated to be about US$23 trillion, a figure that includes the hidden borrowing of thousands of financing companies set up b…

#BTLifestyle: F&B group behind 1-Altitude to open 7 lifestyle concepts in Melaka skyscraper 1-Altitude Melaka will sit atop the highest point in the coastal state’s tallest building.

#BTOpinion: CapitaLand Ascendas Reit’s recent buy highlights risk of buying properties with short lease Managers of Reits need to ensure that the weighted average land lease to expiry of property portfolios are not too s…

#BTLifestyle: The Singapore luxury handbag label that’s been quietly gaining fans among royalty and high society “If I cannot get something, I’ll try to think of a way to make it myself,” says Ling Fu who started her own…

#BTLifestyle: New restaurants showcase chefs’ personal takes on heritage cooking Several new restaurant openings see chefs drawing on their own cultures and memories to create cuisine that's close to their hearts. Here's…

#BTOpinion: Clearer guidelines needed to help investors requisition EGMs In some cases involving SGX-listed companies, parties have been known to disagree on nearly everything, resulting in a stalemate. Surely, there mus…

Land parcels in 6 areas may be rezoned for residential development “The Crawford Street/North Bridge Road site will give people a chance to live in the city centre by the river. It may possibly be a Prime Location Public…

#Brunch: Group buys offer strength in numbers, but are they still a win-win? Neighbours are banding together for mass purchase events- at one condominium, residents receive group discounts and gifts from home retailer Ha…

Singapore court orders Credit Suisse to pay tycoon damages that could amount to hundreds of millions of dollars The ruling marks a major setback for Credit Suisse after billionaire Bidzina Ivanishvili sued the bank’s tru…

‘Food from air’ makes global debut in Singapore Produced from air, water, electricity and microbes, this turmeric-like powder can be used to make bread and pasta.

SP Group to provide cooling services to more areas in Marina Bay An extension of the piping infrastructure along the Singapore Riverfront and Marina Bay area will enable more buildings to easily connect and access chille…

Singapore High Court grants sale order to Chuan Park’s S$890 million en bloc The judge concluded that there was no evidence the deal was not arrived at in good faith by its collective sales committee.

Emerging US debt deal would raise limit, cap spending for two years Under the terms of the emerging agreement, defence spending would be permitted to rise 3% next year in line with Biden’s budget request.