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The Business Times

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South-east Asia's leading financial news site.

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Пости за Червень 2023

300 публікацій

SPH Media files police report following investigation into overstated circulation figures A committee was tasked in January to audit the media group’s circulation numbers, after an internal review found circulation numbe…

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COE prices stable while Category B hits a new record The premium car category, Category B, hit a record high of S$121,000.

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Central in Lima is world’s best restaurant; Singapore’s Odette jumps to 14th spot The spotlight was on Peru’s capital city at The World’s 50 Best Restaurants awards as it took the No. 1 title and earned more slots in the…

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Singapore startup Charged aims to sell 2 million electric motorcycles a year Headquartered in Singapore with offices and a production facility in Indonesia, Charged was founded by automotive industry veteran Chang and co…

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Meet Alibaba’s next chairman: Joseph Tsai, Brooklyn Nets owner and blockchain investor The Taiwan-born, US-educated Tsai is well-known and liked on Wall Street, and his American ties are rare among Chinese business leade…

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Hodlnaut’s managers file to wind up the crypto platform This marks a potential end of the road for the embattled crypto-lending platform, about a year since it applied for judicial management.

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Government bumps up supply of private homes for full-year 2023 to highest in decade The supply of private homes on the confirmed list, including executive condominium (EC) units, will rise by 26.2% to 5,160 units in the…

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Postal decline ‘is a structural issue and requires a structural solution’: SingPost chairman This comes as SingPost recorded a full-year loss of S$15.9 million for its postal services for the financial year ending Mar 31…

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Taylor Swift to play three nights at National Stadium in March 2024 Swifties, get ready to shake it off for 3 nights in March 2024.

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Grab cuts over 1,000 staff in biggest layoff since pandemic; CEO cites ‘fundamental step-changes’ in operations In a letter sent to employees late on Tuesday, CEO Anthony Tan said the cuts were not “a shortcut to profita…

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Singapore is most expensive city for high net worth individuals to live well: Julius Baer report Singapore’s rise to become the most expensive city may be a reflection of rising property prices as well as the high cost o…

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ValueMax launches unsecured digital commercial paper at 5.15% to raise up to S$20 million ValueMax, which offers pawnbroking and secured moneylending services, said that it expects to raise S$10 million to S$20 million f…

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#BTOpinion: If Sheng Siong can’t add an independent director, maybe it should cut a family member instead While Sheng Siong may be one of the better examples of family-run listcos, SGX’s queries should be a wake-up call…

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Alibaba names new chairman, CEO in surprise succession plan Alibaba announced a new chairman and chief executive, unveiling a surprise plan to replace Daniel Zhang at the helm of a company that’s been bleeding market sha…

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Two former execs get Singapore jail terms in first conviction for Wirecard case This is the first Wirecard-related conviction in Singapore and globally.

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Singapore’s Grab plans biggest round of job cuts since pandemic The reductions are set to be announced as soon as this week and are likely to surpass a 2020 round that shrank staff by 5%, or about 360 employees, sources…

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Coldplay breaks record for most tickets sold in Singapore It will be six nights of Paradise for fans in Singapore in January.

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EY impacted by global cybersecurity breach, including Singapore office EY has been hit by a cybersecurity breach involving the use of a file sharing service, with investigations still ongoing on the impact of the breach.

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Singapore Airlines trounces Hong Kong’s Cathay Pacific in battle for the skies Their valuations are revealing – Singapore Airlines' market value of US$17 billion is almost three times that of Cathay’s. Four years ago the…

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Surge in demand for air-con repair and servicing as Singapore swelters “Many customers feel that the air-con isn’t cold, so they ask for more servicing,” says one industry player who sees a 50% increase in requests for r…

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ComfortDelGro to charge 70-cent platform fee from July 1 for rides booked via its app ComfortDelGro said that it is introducing the platform fee for app bookings so that it can continue to improve the quality of its poin…

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EMA to introduce temporary price cap on wholesale power prices from Jul 1 The cap, which will take effect from Jul 1, comes as Singapore households and businesses face sky-high electricity costs amid the global energy cr…

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Xi says China, US ‘made progress’ during Blinken visit President Xi also hoped that US diplomat Antony Blinken’s visit would make “more positive contributions” to stabilising China-US ties.

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Civil servants to get 0.3-month mid-year bonus, junior officers to get up to S$400 lump sum: PSD The payouts follow close consultation with public sector unions, PSD said. Last year’s mid-year bonus payout amounted to 0.…

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Singtel, Ocean Network Express pledge S$1 million each to NParks initiative Singtel’s S$1 million contribution will go towards the enhancement of an existing lagoon into a tidal pool to retain seawater during low tides.

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#BTOpinion: Supply is ample, yet there is value in Singapore property Perhaps more land occupied by golf courses or factories in older industrial estates could be re-purposed for housing needs. Or schools even, if they s…

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Blinken opens rare Beijing visit in bid to lower temperature US Secretary of State Antony Blinken began talks in China on Sunday (Jun 18) on the highest-level trip by a US official in nearly five years as the two powers…

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No Signboard controlling shareholder requisitions EGM to remove directors amid legal dispute Restaurant operator No Signboard has received a letter and notice of requisition from its controlling shareholder, GuGong, for…

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China bankers told to shun flashy clothes, 5-star hotels in austerity drive Stop posting pictures of expensive meals, clothes or bags on social media, one mutual fund is telling its staff, in a bid to avoid attracting re…

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#BTOpinion: Why my bearishness has been wrong so far Tread cautiously despite the current bull market, urges BT's Ben Paul, as it may just be a matter of time before the market rolls back. ➡️Is the Singapore market still…

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