The Business Times

Lawrence Wong meets Chinese Premier, takes over as leader overseeing cooperation with China It was the first meeting between DPM Wong and Chinese Premier Li Qiang since they were both promoted in 2022 to the second-most…

Sea posts another profitable quarter with US$87.3m in Q1 net income Sea reports US$87.3 million of net profit for Q1 ended March 31, a reversal of the US$580.1 million net loss in the year-ago period.

Bayern Munich, Liverpool among five teams to grace Festival of Football in Singapore in July They join Tottenham, Roma and Leicester to play at the National Stadium. Tickets for the individual matches start at S$99 each.

SIA posts record full year earnings as demand recovery pushes group to S$1.2b H2 profit The group posted its highest full-year net profit in its 76-year history to S$2.2 billion for FY2022/23, reversing from a net loss o…

This slow-burn financial crisis could still bring on a recession American banks are still falling like dominoes - with First Republic Bank the most recent casualty, and PacWest Bancorp next in line.

Tanjong Pagar site up for en bloc sale again at unchanged S$216 million reserve price The 999-year leasehold site was first offered for collective sale on Jan 19, but the tender closed with no bids on Mar 22.

Morgan Stanley weighs cutting 7% of Asia investment bank jobs Its China team is taking the biggest hit as deteriorating relations with the US and weaker economic growth curb dealmaking.

When robots take over your portfolio (and hopefully make you rich) First they came for your jobs, now they are coming for your portfolios.

ComfortDelGro Q1 earnings fall 56.9% to S$32.8 million despite revenue uptick The company’s revenue inched up 2.1%, while operating profit on a year-on-year basis was down 51.6%.

#BTOpinion: Sats should allay concerns following departure of WFS CEO It's a surprising U-turn in such a short time, says BT's Peck Gek, particularly so when Sats had first sought to assure investors about the continuity…

When hirers get fired – laid-off tech recruiters face a tough job market Some have started their own recruitment businesses, while others are willing to take a 50% pay cut, and three to six month contracts.

Thye Hua Kwan entities granted options to buy 2 office floors at Solitaire on Cecil for S$103.2m Investing in freehold prime S’pore offices is aimed at providing sustainable rental income to the charities.

#BTOpinion: After The Continuum, weak take-up in any new launch will cast a pall on the private housing market Poor sales at any upcoming major housing project launch could help halt the winning streak for private home p…

SIA Group flies nearly 2.7 million passengers in April, pace of recovery slowing SIA has had a 205% jump in passenger numbers to 2.7 million in March; and for February, the surge is 338% to 2.4 million.

Singapore cruise demand stays strong as fly-cruise visitors return on reopened skies There's also rising demand for fly-cruises, in which passengers fly to Singapore to begin a cruise here.

Foreign buying in private homes at five-year high in Q1, just before rollout of cooling measures The number of non-landed luxury homes in the prime Core Central Region bought by foreigners spiked by 123.9% to 159 units i…

TikTok launches tech programme to train 5,000 students over 5 years The programme is a free three-week intensive technical bootcamp for tertiary-level students.

Blossoms by the Park, Tembusu Grand launches push new home sales up 80.3% in April This marks the fourth consecutive month of increase in new home sales, even after cooling measures aimed at curbing investment demand wer…

Record temperatures, heatstroke cases engulf South-east Asia In Malaysia, as many as 14 heatstroke cases were reported, including the death of a child, which prompted the Health Ministry to issue a public advisory.

Kallang roar comes alive as Blackpink dazzles the National Stadium Blackpink "Shut Down" the National Stadium over the weekend with their high-octane, 105-minute set.

Sea’s path to profit paved with layoffs, single-ply toilet paper Business-class flights were banned, snacks disappeared from offices, luxury tea brand TWG was replaced with Lipton. And in some restrooms, two-ply toilet p…

Funding crunch in Apac commercial real estate opens doors for local property players A CBRE report shows that Singapore is the lone exception in the region, with no expected funding gap from now to 2025.

Singapore firms more pessimistic after poorer Q1 performance: survey All three business performance indicators were down from a quarter ago, with net balance for sales taking the biggest hit, tumbling 20 percentage point…

Private-market assets are all the rage, but are they worth the bragging rights? Alternatives such as hedge funds, private equity and private debt – how appropriate are they for individuals who qualify as accredited, but…

#BTOpinion: Chinese tech IPOs’ complicated comeback While global investors would love to ganbei to a fresh wave of stockmarket debuts, many are still keeping a sober watch on geopolitical and economic volatility.

Demotivated and coasting at work? Don’t settle in that funk If you are struggling to get your tasks done despite a manageable workload, or if you find yourself perennially bitter or resentful about your managers or colle…

How we learnt to stop fearing inflation – and start investing An Endowus study found that inflation and rising prices of goods and services remain the biggest financial concern in 2023 for most respondents in Singapore (…

#BTLifestyle: Chefs say Paris 2024 Olympians will have their cake, and eat it too Some 15,000 athletes will get to feast on fresh baguettes, gourmet dishes and environment-friendly French cuisine when Paris hosts the Sum…

4 in 5 businesses in Asia want to expand overseas but face challenges: UOB study Difficulties in finding the right partners to work with, lack of in-house talent, as well as lack of legal and regulatory compliance were a…