The Business Times

PM Lee’s National Day Rally to address public housing concerns, CPF savings for older workers In the pre-recorded message, PM Lee said that good and affordable public housing remains one “major aspiration” of Singaporean…

OCBC prices S$550 million perpetual capital securities at 4.5% OCBC expects the capital securities to be rated Baa1 by Moody’s Investors Service, BBB- by Standard & Poor’s Rating Services and BBB+ by Fitch Ratings.

Making Singapore a cherished home requires renewed focus on improving citizens’ lives: Pritam Singh “Just like how the remake of Home comes at a time when Singapore and the world at large are at a different juncture from…

DBS chief Piyush Gupta sells S$3.4 million worth of shares in bank He sold 100,000 of his shares a day after DBS trounced forecasts to announce a record S$2.69 billion in net profit for the second quarter of 2023.

#BTOpinion: Investors should be wary of taking a bite into Sakae despite price surge Minority investors should be wary of buying into the price surge and carefully consider Sakae’s prospects against its peers.

Malaysia moots voluntary progressive wages in labour reform About 12% of Malaysia's workforce earn less than RM2,000 (S$589) a month, and most laborers will only reach a maximum monthly salary of RM3,500 (S$738) in their…

Hostel-like living quarters in the pipeline for new foreign healthcare workers The hostel-like accommodation will be for foreign healthcare workers when they first arrive in Singapore, before they transit to housing opti…

With Singapore rail link on the way, Johor Bahru properties in hot demand “Property developers are tapping into the positive news of the Johor Bahru-Singapore rapid transit system (RTS) and are rolling out new projects,”…

Chip shortage in rearview mirror but car dealers still face other supply chain issues The situation for car deliveries has improved but fluctuations are still common. Car deliveries have become hard to predict, with a gl…

Tharman Shanmugaratnam submits presidential election eligibility forms In July, former senior minister Tharman Shanmugaratnam officially launched his bid for the presidency, themed “Respect for All”.

Grab and 2 platform worker groups team up to boost skills, productivity and dialogue The MOU comes after the government accepted TWG’s eight recommendations on allowing platform worker representative bodies to seek a leg…

E-commerce complaints in H1 rise 54% year on year: Case This has led to the planned launch of a new CaseTrust accreditation for e-firms to provide a safer shopping experience.

EMA and Shell debut first solar-powered green EV charging stations The three stations are: Shell Lakeview (Thomson), Shell Pasir Ris, and Shell Tampines. Lakeview is now open to the public for EV charging.

#BTOpinion: Let Singaporean private homeowners own resale HDB flats too Allowing Singaporean private homeowners to buy resale HDB homes at non-subsidised prices for living can help boost socio-economic integration, says…

Ascott plans to double number of global-branded properties in China by 2028 Despite 2022 pandemic restrictions, Ascott saw strong growth in China, with plans to open 20+ new properties this year.

#BTOpinion: High interest rates could help investors, but you can’t avoid taking risks Equity investing seems daunting and stock markets – volatile as they are – appear a far riskier way to invest compared to bonds but s…

Removal of Sabana Reit’s manager passes through with 57.5% in favour Unitholders have voted to remove Sabana Real Estate Investment Management (SREIM) as manager and push for internalisation.

SIA ramping up capacity; flights to Beijing and Shanghai restored to pre-pandemic frequencies Key cities in China, India, Australia, and more on the list for boosted services starting from Mar 2024.

Reinsurance rates to climb on double whammy of climate change, market conditions Reinsurer Munich Re warns of growing risks, market volatility and geopolitical uncertainty that are driving premiums upward across all asse…

Singapore banks look to wealth segment, interest margins growth after strong Q2 results Despite warnings of economic slowdown, resilience shines through as banks report robust net interest incomes and anticipate growth t…

Frustrations mount over defects popping up in brand-new condos New condo units tend to have more faults than BTO flats due to more fittings, from wardrobes and bathroom fixtures to air-conditioners and even dishwashers.

The LakeGarden Residences sells 71 of project’s 306 units at S$2,120 psf average during launch An industry watcher puts the project’s comparatively modest launch performance down to “homebuyers experiencing some degree o…

Tupperware pops with 800% surge as meme trade burns shorts Tupperware has soared more than 800% over the past two weeks as investors pile into the stock, dinging short sellers and sparking excitement across retail trader…

#BTLifestyle: Celine’s exotic-skin bags scale new heights in luxury Supple and lightweight while still being durable, lizard skin is a great way to incorporate exotic skins into one’s everyday wardrobe.

Time for lab-grown fish balls instead of burgers? More cultured meat firms and researchers need to consider regional culinary preferences across Asia, such as fishballs or dumplings.

#BTLifestyle: Best cultural events to rouse your Singapore spirit From the grand National Day Parade to a terrific YouTube video, here are some things to evoke your love of the country.

‘Don’t waste my time’ Only hold a meeting if you require input for complex issues from multiple individuals, or need to disseminate extensive or confidential information to a group, advises a recruiter.

Jollibee to open Tiong Bahru Bakery and Common Man Coffee Roasters in the Philippines Jollibee Foods will hold 60% of the joint venture while Food Collective will own the remaining 40%.

Prioritising social grace in Singapore According to a trust and credibility survey, nearly half of Singapore residents believe that the level of civility and mutual respect today is at an all-time low in Singapore.