The Business Times

#Brunch: Singapore’s hungry, hungry e-waste recyclers With its still-fledgling local market, Singapore’s used-battery processors must look abroad to sate their appetites.

Boom time for organisers as concerts roar back to live The surge in demand comes as both die-hard fans and casual listeners alike flock to concerts after three years of missing out on live performances.

Apac investors eyeing active funds exposed to beneficiaries of decarbonisation: BlackRock Apac investors are also interested in the roles of private equity and private credits in facilitating decarbonisation in the regio…

Developers dangle discounts to move sales of upmarket condos The lowest price transacted at The Atelier was about S$1.42 million, for a 10th floor unit of 549 sq ft sold in April 2023, compared to S$1.49 million for an 8…

Singapore’s world-class gastro cred imperiled by staffing woes While costs of energy, ingredients and rents have risen worldwide, Singapore’s restaurateurs also face a sustained cost increase that has been exacerbated by…

Singapore and Kenya sign three new deals, agree to ratify investment treaty soon The MOUs will see the countries collaborate on climate change, information and communications technology, and skills development.

Laid-off tech workers still in demand elsewhere – but may not be in jobs they prefer An economics professor at Singapore University of Social Sciences, warned that redundant tech workers “can stay in the (infocomm techno…

#BTOpinion: Icing on cake for Keppel’s many reboots in recent years Needless to say, it is worth watching if Keppel lands the “hat trick” in the restructuring boon of Temasek-linked companies.

Grab cuts Q1 losses by 43 per cent, revises adjusted Ebitda range upwards Revenue rose 139 per cent in Q1 2023 to US$525 million from US$228 million a year prior.

Fund managers parked more money in real estate in 2022: survey The survey found increasing concentration among the biggest managers, with the combined AUM of the top four managers accounting for almost 28 per cent of the…

Tat Hong eyes A$800 million sale of Australian unit in review of strategic options While the company has identified growth areas in Australia, like the equipment rental business, it might need some “financial muscle” to…

Singapore has to be consistent, credible and principled in navigating China-US rivalry: DPM Wong Asked about Singapore’s relationship with China, Wong said: “We value greatly the ties that we have with China. And it is a…

Jailed Angola tycoon fails in bid to have money released from US$558 million Bank of Singapore account Carlos Manuel De Sao Vicente had a Bank of Singapore (BOS) account containing more than US$558 million (S$749 million…

Tech manufacturing counters take a beating in Q1 on weak end-consumer demand The demand and supply mismatch has thus developed into an oversupply of components, including PC and chip inventories in 2022.

Wholesale electricity tariffs rise as energy demand surges amid high temperatures With the recent warmer weather, electricity demand had also trended upwards, possibly due to the increased usage of air-conditioners said…

Hong Kong targets young talent, tech sector in post-Covid push To draw back talent, the government has rolled out a special visa programme, which has hooked tens of thousands of applicants.

Singapore GDP growth moderating but has ‘ample fiscal space’ against downside risks: IMF The labour market has been tight across sectors, even if bottlenecks have started easing with the return of foreign workers.

SIA to pay bonus of about 8 months to rank-and-file staff following record profit Singapore Airlines will be rewarding eligible employees with a profit-sharing bonus of 6.65 months, and a maximum total of 1.5 months of e…

Thai elections: Voting done, now more politics Despite the popular preference for reformist pro-democracy parties over those led by former generals, possibilities still swirl about who will form the next government.

SIA expects robust demand for near-term, peak periods this year The demand for air travel in the near term is underpinned by the recovery in air travel in East Asia, SIA had said on Tuesday.

S$1.56 billion in Enhanced CPF Housing Grants given out to nearly 50,000 households since 2019: HDB From September to December 2019, about 1,500 households received S$42 million in EHG, which provides up to S$80,000 to l…

Open category COE hits record S$125,000; car COE premiums fall in first tender after quota increase The COE premium for motorcycles bounced back up after the drop seen at the last tender exercise two weeks ago.

Singapore key exports to extend slump on broad-based weakness, slow China reopening: economists Economic slowdown is expected in developed markets, due to the tighter monetary environment.

#BTOpinion: If we want affordable COEs, islandwide road pricing is the way to go "Make drivers pay more for driving, but tax them less upfront when getting a car." The COE as a one-size-fits-all traffic management tool i…

CapitaLand Ascendas Reit’s private placement closes at S$2.727 apiece; upsizes placement to raise S$500 million Approximately S$139.5 million of the gross proceeds will be used to partially fund the acquisition of Seagat…

Slower growth and fewer perks – the new buzzwords for tech unicorns Move fast, break things and enjoy the free-flow kombucha. This was once the ethos of tech unicorns, which focused on hyper growth over profitability whi…

Malaysia eager to reel in Asia’s wealthy with tweaks to visa scheme Since the scheme’s inception in 2002 until 2019, nearly 49,000 people have been successful in their MM2H applications. The peak was in 2017 when more th…

Singapore key exports contract 9.8% in April in seventh straight month of decline Singapore's non-oil domestic exports to most of its top 10 markets declined in April, except for shipments to South Korea, the EU and the…