The Business Times

These are the world’s 20 most expensive cities for expats in 2023 Skyrocketing rents saw Singapore climb from 13th place last year to 5th this year in ECA International’s Cost of Living Rankings for 2023.

Rental demand for Johor homes surges amid soaring Singapore rents; Q1 sales volume beats pre-pandemic levels Increasing demand has pushed home rentals in Johor Bahru higher, with some even rising more than 50% from 2021…

Fangiono family of First Resources racks up four Nassim bungalow buys this year The family that is said to be buying three Nassim Road bungalows from Cuscaden Peak Investments at a record land rate, had earlier this year…

Singapore households’ net worth up in Q1 with rising property prices; liabilities fall Residential property asset growth at 11.7% outpaced the 2.5% mortgage growth. This means greater wealth for those who already own pro…

Why market returns can run ahead of CPF OA rate Fear of investment loss keeps most CPF members from investing. But failure to invest lets inflation eat into savings, resulting in a smaller retirement nest egg

South-east Asia green investments fall 7% despite rise in commitments: Bain-Temasek report The fall is concerning as an estimated US$1.5 trillion is needed for Southeast Asian countries to fulfill NDC targets by 2030.

‘This deal never existed,’ says witness from Unipec on oil contract with Hin Leong The alleged $55.8m contract is a key element in the criminal trial against former oil tycoon Lim Oon Kuin, accused of cheating and forger…

10 companies added to watch list as SGX RegCo resumes half-yearly review post Covid The companies added to the watch list had accumulated losses in their last three financial years.

Singapore banks caught in grey area as regional financial sector moves to OK coal phase-out Self-imposed coal policies make it unclear if DBS, OCBC and UOB will be able to take advantage of new opportunities.

Don’t ask us to come to the office more, or we will quit: survey More than half of the 1,320 financial professionals and 265 retail investors surveyed, preferred a hybrid arrangement, while only about 20 per cent favour…

Sadness, shock: Horse-racing fraternity overwhelmed by news of Kranji racecourse closure “Horse racing is in my blood and there is little else I can do. I feel sick to my stomach after hearing about the closure,” said Ja…

Sembcorp unit signs S$1.9b agreement to import piped natural gas from Indonesia Despite the agreement, the company, however, said it remains “committed to supporting Singapore with a stable and resilient supply of energy…

Redevelopment of Singapore Turf Club site could yield 20,000-40,000 new homes: analysts The area's proximity to Kranji MRT station and the Causeway makes housing attractive, with redevelopment potential for retail and ho…

From 1842 to final home stretch: A history of Singapore’s horse racing Over the decades, Singapore’s horse racing lost its glamour to other attractions while betting fans flocked to Singapore’s glittering casinos. As Sin…

Singapore super-prime residential sales rebound in Q1, face slower sales ahead: Knight Frank By volume, Singapore’s super-prime residential property transactions in the first quarter of this year surpassed sales in citie…

All-electric, China-made Lotus Eletre SUV could spearhead brand revival The car will be sold in three versions, the Eletre, Eletre S and Eletre R, with pricing expected to start at S$500,000 with a Certificate of Entitle…

Singapore Turf Club to close in 2027, freeing land in Kranji for housing, other uses No horse run: The horse-racing venue will host its last race meeting on Oct 5, 2024 and the facility will close by March 2027. Its last…

#BTOpinion: Property groups will champion going green, but not building social inclusiveness Property groups could do more to promote social inclusiveness - perhaps some units in new condominium projects should be reserv…

Navigating to Net Zero in a Fast-Changing World | webinar highlights What would achieving net zero mean and what benefits could it bring for businesses? How are leading players in different sectors mitigating challenges…

UBS expects to seal Credit Suisse takeover as soon as Jun 12 “We have to be also clear ... this is an acquisition not a merger,” UBS CEO Sergio Ermotti said, warning of “painful” cost and job cuts to come.

Singapore retail sales up 3.6% in April; most industries record y-o-y gains It extends last month’s growth, with the food and alcohol, and cosmetics, toiletries and medical goods industries posting the highest growth.

#BTOpinion: The hefty (BTO) price of being a romantic If I were brutally focused on the numbers, says BT's Jun Yuan, I would have said “I love you” on the second date and asked “BTO ai mai (would you like to BTO)?” on th…

How defensive investing can help protect financial goals BRANDED CONTENT: Expert shares financial strategy that aims to withstand market volatility. Brought to you by HSBC

#Commentary: Housing affordability or a premium for good housing? Given the high prices commanded by private housing, particularly new launches, how can many Singaporeans afford such homes? Notably, most of the buyers of…

#BTOpinion: Waiting for Temasek’s largesse to pay off Keppel, Sembcorp and SIA have delivered big returns this year but not so much for Seatrium and Sats. A lot ultimately hinges on the boards and management of the compa…

DFI puts Jelita Shopping Centre on the market with S$85 million guide price DFI is looking to enter into a long-term leaseback agreement with the prospective buyer.

Top priority for countries in coming decade is to prevent conflict in Asia: Ng Eng Hen While few would disagree that simultaneous conflicts in Europe and Asia would be catastrophic for an entire generation, “unfortunatel…

#BTOpinion: F&N may slake investor thirst as mercury soars While F&N has fallen off the radar of many investors over the past decade, the market value of its shares could rise significantly as it continues developing its…

Shangri-La Dialogue ends with little sign of thaw between US, China Singapore Minister of Defence Ng Eng Hen has encouraged the two superpowers to reopen the lines of communication, echoing calls being made by Asian lead…