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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 Липень 2023

316 публікацій

Tan Kin Lian submits presidential election forms; will decide after other candidates confirmed The 75-year-old former chief executive of NTUC Income who contested the 2011 presidential election said he believes he meets…

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EU’s new AI Act could add to compliance costs for Asean firms: industry players Legislation is also likely to mark beginning of uneven regulatory approaches to technology that companies have to navigate.

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MAS proposes single family offices seeking licensing exemptions must incorporate locally, report annual assets This move is aimed at increasing surveillance and defense against money laundering risks in the sector.

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EMA to raise entry bar for electricity retailers to ensure credibility, financial strength EMA is set to introduce new requirements for electricity retailers, ensuring that only those with "sufficient financial strength…

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#BTOpinion: Sound reasons to support lofty rents for Singapore homes As long as Singapore grows in attractiveness as a live, work and play destination, home renters will have to get used to paying high rents.

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Employment discrimination declines further in 2022: MOM Despite reported discrimination going down, ageism remains the most common form of discrimination reported by jobseekers.

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Condo, HDB rents rise; rental volumes recover in June: SRX, 99.co Year-on-year, condo rents climbed 24%, while HDB rents were up 24.6%.

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More equitable access to housing types for singles being studied: Desmond Lee Ideas such as "rent-to-own" models and purchase of flats with shorter leases are being considered in light of societal changes such as late ma…

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Asia’s richest families fuel race for lucrative finance jobs One family office executive said their job ranges from screening investments and interacting with heads of state to booking plane tickets and arranging caterin…

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Insurers’ Shield portfolios mostly in the black; premiums of private hospital riders rise Claims costs are rising as policyholders resume non-critical procedures.

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Wilmar to sell entire 30.1% stake in Moroccan sugar producer Cosumar for S$812 million The total cash consideration for the sale is about 5.96 billion Moroccan dirhams (about S$812.3 million).

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Singapore sovereign wealth fund GIC said its 20-year annualised real rate of return was 4.6%, the highest in eight years. How did GIC boost its portfolio resilience amid sticky inflation and geopolitical risks? Read more…

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#BTLifestyle: Hollywood talent manager sees rising demand for Asian actors “I’m seeing more projects out there for Asian actors. And they’re not just in ‘traditional’ roles like ‘waitresses’ or ‘medical examiners’," says…

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Best foot forward: Local shoe brands take on a post-Covid world 'Buy less, but buy better': With more returning to the office and retail sales picking back up, the founders of three local companies share how they survive…

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McLaren Artura review: Artful plug-in coupe that does it all It produces a formidable 680 horsepower - quick enough to elicit a swear word the first time you nail the accelerator. Price: S$1,334,000 with Certificate Of E…

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The Different One: Postecoglou looks to restore the glory days to Tottenham "I manage my own way... Anyone who knows my history and the way my teams play football will know, wherever I’ve worked at, I bring that differen…

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Inflation weighs on Asian bond sentiment, despite expected pause in Fed rate hikes “Asian corporate bonds are currently in a sweet spot,” said a Loomis, Sayles & Co senior credit analyst, adding that investors can enjoy…

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Invest in AI? GIC CIO says it ‘pays not to put in too much, too broadly, too early’ “What we found in a lot of these technology waves is that it pays to not put too much in too broadly, too early, because it’s actually v…

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How to get the most out of annual general meetings AGMs are a great place to find out about management’s plans to grow the business, stakeholders should treat this as a once-a-year chance to pick the leaders’ brains.

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🎥 AI’s critical role in Singapore's semiconductor industry Can Singapore's semiconductor companies benefit from the AI boom even if they do not directly produce chips that are used in AI applications? Read more: bt.sg/5…

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#BTLifestyle: Design solution: How new and interesting spaces were created in this family home The star feature of this Balmoral Road penthouse is a retrofitted mezzanine floor, floating above the television console-cum-…

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#BTLifestyle: Michelin chefs Mano Thevar and Sun Kim bring heartfelt Korean-Indian cooking to Tambi Flavours are robust and in your face. Expect caramelised charred pork rib served with fragrant spiced biryani and crispy…

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#Brunch: Ballooning costs can’t quash their dreams of studying abroad Singapore students are looking for overseas degrees in numbers that exceed pre-Covid levels despite sharp increases in fees in major overseas universi…

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Wing Tai calls off S$76.3 million Holland Tower en bloc purchase Wing Tai said the contract was rescinded as certain conditions were not fulfilled.

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Businesses, schools should work together to bridge industry-academia gap: Chan Chun Sing Companies should be sharper about the kinds of skill sets and competencies they want from their people, rather than just looking at…

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Pump prices in Singapore rise across the board Fuel pump prices have risen across the board after Caltex initiated an increase three weeks ago, with Shell swiftly following suit.

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Merger-related provisions, expenses drag Seatrium deeper into the red with S$264.4 million H1 loss However, the company's top-line figures and revenue from various segments suggest a more optimistic outlook.

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GIC cuts key quant unit in ‘tough’ overhaul of investment teams While some members of the Systematic Investment Group (SIG) will be reassigned within GIC, others are expected to leave amidst the reshuffle.

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Fed chief Powell has reason to celebrate as US inflation continues to moderate With market reactions and economic threats from overseas, Powell's hefty inflation victory may be challenged by the stock market's elation ov…

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