The Business Times

Singapore headline inflation falls to 4.1% in July; core inflation drops to 3.8% The decline was largely caused by a smaller increase in food prices and a fall in electricity and gas costs.

#BTOpinion: Consider tightening regulations on financial advisers In an ideal world, insurance companies would be barred from giving financial advice – likely to be self-serving – and other companies would provide financ…

Presidential campaigns kick off after three candidates confirmed Tharman's “Respect for all” Ng's “United for our future” Tan's “Bring back trust, give us hope”

Ex-director nabbed in money-laundering raid not involved in daily operations: No Signboard No Signboard also confirmed that none of the members of its board have been in contact with Su Haijin since his resignation from…

More than two-thirds of S-Reits report DPU decline in H1; analysts see tougher H2 Higher financing costs continued to wreak havoc on S-Reits in the first half of 2023, and market watchers believe the worst is yet to be.

Deutsche Bank is creditor to alleged launderers’ Singapore firm Deutsche Bank is a creditor to a Singapore company whose two directors were arrested for their roles in an alleged money laundering and forgery ring.

How SoftBank’s Arm plans to ride the AI wave to biggest IPO of 2023 Arm, which designs key parts of the chips powering almost every smartphone on the planet, is set to be the biggest IPO of 2023, valued at between US$60…

#PE2023: 5 Questions with Tan Kin Lian “I want to be able to listen to the people, understand their main concerns and bring them to the attention of the government.” BT speaks with former NTUC Income CEO Tan Kin Lian on…

Some suspects in billion-dollar money-laundering case have hired lawyers One of them, 40-year-old Su Haijin, is being represented by Lee & Lee’s co-head of its litigation and dispute resolution department.

Singapore plans to raise another US$1.3 billion via its green bond Singapore’s planned offering is part of a bid, announced last year, to raise as much as S$35 billion of environment-focused financing by 2030.

Over two-thirds of Singapore consumers expect economic downturn amid rising inflation: UOB study Rising inflation and increased household expenses are their two main worries, with 71% of them concerned about inflationary…

Hong Kong investor starts property fire sale after wife arrested A Hong Kong businessman is offloading properties ranging from a hotel to luxury apartments, after his Vietnamese wife became embroiled in one of the city's…

[Breaking] Three-way contest underway for Singapore’s ninth president Former GIC chief investment officer Ng Kok Song, former senior minister Tharman Shanmugaratnam and former chief executive of NTUC Income Tan Kin Lian…

#BTOpinion: As race to the Istana heats up, look past the election rhetoric At close of nominations on Tuesday, three men with over a century of work experience between them will likely get the green light to contest the…

NoonTalk posts S$1.1 million H2 loss, bringing full-year red ink to S$3.2 million NoonTalk, led by founder Dasmond Koh, reported a net loss of S$1.1 million in the six months ended Jun 30, 2023, reversing a net profit of…

#BTOpinion: Reits, business trusts should avoid raising new equity to fund acquisitions As the market is jittery now, their managers should focus on selling assets first and recycling capital raised to fund new property…

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Rental curbs, S$14,000 income cap on resale buyers put in place for new HDB Plus flats There is also a 30-month waiting period for private homeowners looking to buy a Plus flat after they sell their private property.

#BTOpinion: HDB changes rightly emphasise homes are for living, but don’t snuff out wealth creation Could a situation ever arise in Singapore like that in many parts of China today, where people are reluctant to buy home…

mm2 Asia to shut Cathay Cineplex at Parkway Parade from Aug 27 This comes after the company ceased operations at the iconic The Cathay building on Jun 26, 2022, and Cathay Cineleisure Orchard on Jun 30, 2023.

Non-profit calls for Singapore’s hydrogen investments to steer clear of non-green sources The non-profit suggests blue hydrogen investments might lead to uneconomic assets and carbon lock-in, encouraging investor scrutin…

Anwar weighs suing Goldman Sachs over 1MDB Anwar said the issue was complex and a lawsuit in the US would cost the government a fortune. “But you steal from the people, I will have to get it back,” he added.

Why South-east Asia still holds much promise for startups and venture capital Valuations have been crushed and funding pulled back, but there’s room for optimism especially in climate tech.

LHN (Coli)-woos investors with more rooms, divestments as it seeks transfer to big board Despite the pandemic, co-living operator LHN has seen exponential demand growth, with Coliwoo commanding a 32% market share and a b…

Raffles Education faces S$500,000 claim; EduTrust certification suspended on administrative error Raffles Assets plans to defend the application and file a counterclaim against NPS International School for breach of the…

Singtel Q1 net profit down 23.1% to S$483 million on exceptional loss from Airtel The net exceptional loss came from Bharti Airtel as it recorded significant foreign exchange losses from a steep devaluation of the Nigeri…

Reebonz Building sold for S$39 million to entity held by Tan family of Sunray Woodcraft Construction Online luxury marketplace Reebonz went into creditors’ voluntary liquidation nearly two years ago.

HDB changes may divert demand to existing resale flats, shrink upgrader pool for private housing: analysts “Existing 5-room resale flats would come with the relatively shorter five-year MOP. Demand for such flats could r…