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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

COE prices dip in all categories except for Category A cars The price for Category A, for mainstream cars, rose 0.8 per cent or S$794 to S$97,000.

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Over 1 million queue numbers issued for Taylor Swift tickets within 10 minutes of UOB pre-sale It's Been A Long Time Coming

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MAS broadens tax incentives to encourage single family offices to invest in Singapore Single family offices will also now be required to have at least one non-family member as one of the investment professionals it needs…

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MAS allocates 2% of its portfolio to climate transition MAS has decided to “start small”, but has plans to scale up as it gains confidence in the effectiveness of the climate indices it has used to tilt its equities port…

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MAS records largest ever loss of S$30.8 billion following policy tightening to bring down inflation This is the second year MAS has recorded a net loss, following a net loss of S$7.4 billion recorded in FY21/22.

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Singapore economy set to bottom, may spark STI re-rating GDP growth could rebound in six to 12 months, says this analyst, who also expects the STI to arrive at a target index level of 4,070 by end-2025.

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EVs move closer to price parity with normal cars as cheaper models enter Singapore New entrants have increased the range of EVs priced below the S$160,000 mark, the current price of a typical mainstream sedan.

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MOM clarifies CPF Board has no intention to consider scheme to insure members against scam losses This comes after Minister of Manpower Tan See Leng suggested in Parliament that insurance to assist in the recovery of mon…

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Musk, Zuckerberg lead US$852 billion wealth surge among world rich Each member of the Bloomberg Billionaires Index made an average of US$14 million per day over the past six months.

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CPF rate pegs being watched to ensure they ‘remain relevant’ in rising rate environment: MOM Other interest-bearing products, such as deposits with conditional interest rates, are not comparable with the OA, adds Ministe…

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Singapore’s a magnet for mega stars like Taylor Swift, Jacky Cheung: Here’s why Partnerships, investments, government support and a good track record all play their part in bringing in high-quality events. 🎫 UOB’s bet o…

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Singapore private home prices slip for first time in 3 years but it may be too early to call market peak The second-quarter decline is the first drop since Q1 2020 and contrasts with the 3.3% rise in the previous quarter…

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Zipmex sues investor, proposes new scheme after US$100 million deal fails Singapore-based crypto company Zipmex has taken legal action against its Thai investor, V Ventures, for allegedly backing out of a US$100 million…

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Inchcape Singapore CEO Jasmmine Wong leaves after six years She was appointed as Inchcape Singapore’s first woman managing director in July 2017, after a role at Nestle.

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New and refreshed SkillsFuture programmes help companies, workers update digital skills “With frequent tech disruptions, shortened half-life of skills and knowledge, and new jobs emerging every day – our workforce must r…

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Singapore birth rates hit record low in 2022; number of deaths the highest since 1960 The number of live births in Singapore fell from 38,672 in 2021 to 35,605 last year.

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Singapore PMI inches up in June but remains in contraction for 3rd straight month Local manufacturers are bracing for a dour outlook going into the second half of the year, amid uncertainties in the global economic envir…

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Ridout Road rents stir debate on valuation of black-and-white houses in property circles Some industry players question how the rents were assessed and priced, while others are asking why the rent on Law Minister K Shanm…

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About 250 property buys a year by foreigners exempted from ABSD under FTA obligations: DPM Wong These transactions accounted for about 2.5% of all property transactions that attracted ABSD during the period, with the amo…

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Shanmugam, Vivian have done nothing wrong and retain my full confidence: PM Lee on Ridout Road PM Lee Hsien Loong said there is nothing wrong with Cabinet ministers K. Shanmugam and Vivian Balakrishnan renting the bungal…

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OCBC expects to add S$3 billion in revenue from its Asean-Greater China strategy by 2025 Speaking on the bank’s positioning in Greater China, OCBC group CEO Helen Wong said: “It’s not about focusing on one geography, it’…

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Crypto service providers not allowed to facilitate lending, staking services on retail clients’ assets: MAS The measures are part of a slew of proposed amendments to the Payment Services Regulations, following several hi…

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#BTOpinion: MAS’ and other central bank moves are massively overrated Don’t fret central bank talk: “hawkish”, “dovish”, or undecipherable. Remember central banks don’t drive economic or market conditions, but are driven…

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Public servants with privileged info to declare before renting government properties: SM Teo These properties include commercial and residential state properties such as black and white bungalows, terraces, factory or of…

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Singapore exploring master leases of up to 60 years for black-and-white bungalow estates The idea of letting private developers become master-leaseholders is another way in which SLA seeks to “maximise the opportunities…

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Ridout Road bungalows: Shanmugam decided to put family home up for sale, Vivian wanted family under one roof He did so because he found that too much of his savings was tied up in one house and was advised that it would…

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Temasek’s investments into Sembmarine were made after due diligence: Indranee Rajah This due diligence took into account Sembmarine’s public disclosures that had already been made prior to the rights issues, said Indrane…

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Lawrence Wong to replace Tharman as chairman of MAS, GIC committee Gan Kim Yong, Minister for Trade and Industry, will succeed Wong as deputy chairman.

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Singapore’s star banker Piyush Gupta creates succession dilemma for DBS Piyush Gupta is in many ways the Jamie Dimon of Singapore, the highest-profile banker leading the country’s largest lender and surrounded by success…

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Singapore private home prices down 0.4% qoq in Q2: URA flash estimate It is the first drop since Q1 2020 and contrasts with 3.3% rise in previous quarter, amid signs of moderation in market.

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