The Business Times

Recession unlikely in 2023 after Singapore reports slight growth in Q2: economists Despite the softer-than-expected Q2 GDP figures, private-sector economists still believe Singapore's growth momentum will pick up in the…

Sembcorp to join MSCI Singapore Index on Sep 1 The inclusion comes after its market cap crossed the S$10 billion mark. It stands at about S$10.6 billion as at Aug 10.

China, Singapore to hasten full resumption of direct flights: China foreign ministry China's foreign minister Wang Yi, who met with Singaporean counterpart Vivian Balakrishnan on Thursday, said both countries would close…

[BREAKING] Presidential Election writ issued; Nominations on Aug 22, Polling Day on Sep 1 Singaporeans will head to the ballot boxes on Friday Sep 1 to vote for the country’s ninth President, if more than one person qual…

Commentary: Uber’s first Gaap profit suggests Grab has long road to profitability If Uber’s path serves as a guide, Grab may achieve a quarterly operating profit sometime only in 2025 – or later.

Tan Kin Lian launches bid for presidency, backed by former opponent Tan Jee Say Tan Kin Lian said that if elected, he would "play an active role" in dealing with the president's "two key duties" of safeguarding the reser…

Biden fears China is ‘ticking time bomb’ posing danger to world “It has the highest unemployment rate going.. So they got some problems. That’s not good because when bad folks have problems, they do bad things,” says US…

CDL chairman Kwek promises to do more as H1 profit falls 94% "We make mistakes sometimes, once in a blue moon. But that is good; we are not perfect," says CDL executive chairman Kwek Leng Beng.

Singapore downgrades 2023 export forecasts on worse-than-expected showing to-date Total merchandise trade is now projected to shrink 9-10% in 2023, instead of 6-8%.

Singapore’s full-year growth forecast narrowed to 0.5-1.5%, as Q2 growth revised lower Singapore's economy grew 0.5% year on year in Q2, a notch lower than the advanced estimate of 0.7%.

Liquidators of Hin Leong, top creditor HSBC seeking repayment in civil suit The liquidators are asking Lim Oon Kuin as well as his children to be “personally responsible” for all the company’s debts.

WeWork says no plans to exit Singapore but landlords watching closely “Singapore is and remains a key market for WeWork. We have no plans to exit any of our 14 locations, which continue to track high occupancy,” a WeWork…

Singapore knocks on the doors of a paradigm shift Shorter business cycles, range-bound asset values and volatile markets are set to become commonplace. There is no room for complacency.

Luxury-car COE categories hit record prices Prices for Category B rose the most in this round: 7.5 per cent or S$8,888 to S$126,889, a new record.

China’s Internet giants order US$5 billion of Nvidia chips to power AI ambitions: FT Baidu, TikTok-owner ByteDance, Tencent and Alibaba have made orders worth US$1 billion to acquire about 100,000 A800 processors from th…

#BTOpinion: Gojek-Deliveroo tie-up presents chance to dislodge Grab Gojek could lean on Deliveroo’s already established relationships with restaurants while Deliveroo could tap on customers and riders who were already fa…

‘A fighting chance’: Why Mirxes chose Hong Kong over Singapore for its IPO Chief executive Dr Zhou Lihan explained, "If we raise at a lower valuation that doesn’t give us enough ammunition, it actually defeats our entire…

HDB resale volumes rebound in July, prices stay on the uptrend: SRX, 99.co By flat type, 45.2% of overall volumes for July came from four-roomers. Five-room flats contributed to 24.8%, with 23.8% from three-room resale t…

CDL H1 profit falls 94.1% to S$66.5 million on absence of divestment gains This was mainly due to the absence of significant divestment gains booked in H1 2022, as well as greater financing costs and impairment losses fo…

No-agent property platforms sprouting up but they’re not eating agents’ lunch yet Kucing, a peer-to-peer platform which is agent-free, believes that there is a gap in the market where “frustration exists on both sides fo…

Singapore firms less pessimistic about H2 prospects: BT-SUSS poll The survey consultants expect Singapore's GDP to pick up in the third quarter on signs that the manufacturing contraction is bottoming out.

27,000 turn up to celebrate Singapore’s 58th birthday at the Padang It also marked President Halimah Yacob’s last parade as Singapore’s eighth president.

Preparing for retirement is about more than just money If you find the transition challenging, you are still unprepared for retirement.

Is following your work passion overrated? Research shows an overemphasis on passion in work can result in identity struggles and encourages unpaid extra hours.

Parallels between Grand Slam tennis and the Singapore stock market Just as the ATP tennis ranking is important for a player’s brand, the Singapore Governance and Transparency Index (SGTI) is crucial to how companies are…

#BTOpinion: Sembcorp may find it tough to stop buying renewable capacity Sembcorp has committed to invest close to S$2 billion on acquiring solar and wind farms in China, India and Vietnam, in a bid to pivot its business…

✍️Editorial: Presidential election: Focusing on independence perhaps misses the point How important should non-partisanship matter for voters, given that the president does not have executive powers, and does not make or…

Weak valuations, liquidity on SGX could drive further listings outside Singapore in vicious circle “If this issue is not properly addressed, it could in turn perpetuate the perception that the Singapore market is not an…

UBS to cut two-thirds of Credit Suisse Asia investment bankers About 200 jobs at the global banking division in Asia will be axed over the next couple of months.