The Business Times

#BTExplains: How Singapore’s water tariffs compare with other countries Singapore ranks 55th out of 188 countries in terms of water price as at July 2023. Its current water tariff is also more than five times those of it…

RWS fined S$95,000 by GRA for breaching anti-money laundering rules again The breaches relate to the casino operator’s failure to perform customer due diligence (CDD) measures and enhanced CDD measures.

[Commentary] F1, major events shouldn’t ignore attendees’ travel emissions A look at the sustainability report of Singapore GP shows a disclosure gap when it comes to the emissions generated by spectators.

Singapore rises to fifth place in Global Innovation Index 2023 Singapore has moved up two spots to fifth place in the Global Innovation Index, leading the South-east Asia, East Asia and Oceania region.

Singapore to raise water price by 18% by April 2025 as costs climb Singapore will raise the price of water by 18.2%, or S$0.50 per cubic metre, in the next two years to keep up with “substantially” higher costs of produc…

Meatable to launch first cultivated pork products in Singapore by Q2 2024 The Dutch company chose Singapore as its first market because the country was the first to legalise and approve the sale of cultivated meat produc…

Amid concerns of a Chinese debt trap, Indonesia’s first high-speed railway to finally open There are concerns that Indonesia may get entangled in a Chinese debt trap, especially after the budget ballooned to US$7.3 billi…

#BTExplains: How are CPF interest rates determined, and how have they trended? The interest rate for CPF Special and MediSave Accounts (SMA) will increase to 4.04% per annum in the fourth quarter of this year. Here's how…

Condo, HDB rental volumes fall in August as rents soften: SRX, 99.co Condo rents were 17.3% higher on the year while HDB flat rents were up 20.8% on the year.

Support for adult education, ITE grads among upcoming Forward Singapore proposals: DPM Wong Deputy Prime Minister Lawrence Wong laid out three priorities: improving the lives of those in the middle, helping the lower inc…

MAS proposes transition credits as new asset class to finance early coal retirement The ultimate goal is to generate enough demand for these credits among companies and governments that are seeking to offset their emissi…

CDL should consider splitting its business, listing a trust to realise shareholder value The stock is severely undervalued, trading at 34% below its end-June net asset value per share of S$10 as at Sep 26.

TD Ameritrade Singapore to stop serving retail investors from Dec 1 Trading platform TD Ameritrade Singapore will pivot away from serving retail investors to focus on accredited investors instead.

PODCAST: How does flexi work arrangements help give employees purpose and balance? Find out from Dean Tong, head, group human resources at UOB. This episode of Future of Finance podcast is presented by UOB. Listen here:…

China’s travel recovery picks up pace with Golden Week holiday International outbound air ticket bookings by mainland Chinese for the upcoming Golden Week place Singapore as the sixth top international destination by boo…

OCBC to discontinue Pay Anyone app; services consolidated on main digital banking app OCBC will discontinue the OCBC Pay Anyone app in October to provide an improved app experience, it said.

DBS PayNow transactions experience delays on Tuesday In its Digibank app, DBS said that customers experiencing delays in their Fast or PayNow transactions should not repeat their transactions.

#BTOpinion: Champagne days for Singapore hotels, but climate change poses a big risk Singapore, which relies heavily on air connectivity to draw visitors, will be hit hard if global aviation is a victim of the fight agai…

Condo resale prices reverse slide in August, led by suburban gains: SRX, 99.co Year on year, condo resale prices were 7.6% higher.

Singapore’s factory output dragged by electronics weakness, down 12.1% Output from the linchpin electronics cluster tumbled 20% year on year in August.

#BTLifestyle: An afternoon of wine and art with BT 30 BT readers are invited to enjoy a tour of art, wine and canapes at Singapore’s high-end art gallery cluster, Gillman Barracks. This exclusive event will take place on…

UOB, DBS roll out new anti-malware app features in fight against scams DBS and UOB say their new anti-malware features do not monitor customers’ phone activities, nor collect or store any personal data.

Year-end peak shipping season expected to be flatter amid global headwinds Industry players cite high inflation, rising interest rates limiting consumer demand, and excess retail inventory from 2022.

Tech-enabled coffee chains eyeing Singapore as prized battleground for supremacy How will the new brands differentiate themselves? Companies often suffer a quick death when they fail to localise, and Singapore coffee-dri…

PODCAST: How responsible is your portfolio? Learn about key themes like circular economy, biodiversity, energy transition and health in responsible investing. Evelyn Yeo from Pictet Wealth Management Asia shares some ins…

Grab shutters investment products AutoInvest and Earn+ “The decision follows an extensive review which concluded that the business would not be commercially viable,” said Grab in an email to customers.

#BTOpinion: SingPost, SBS Transit may not see lasting boost from transport fare, postage rate hikes Companies that cannot respond to demand and costs with their own pricing strategies may suffer protracted periods of sub…

#BTOpinion: As Singapore’s society evolves, our attitudes towards ‘basic needs’ can change too Surely it is a good thing if Singaporeans need no longer worry about ensuring fundamental survival, but see a life which meet…

Singapore investment banking fees down 20% year to date, M&A value falls to decade low The value of M&A activities involving Singapore fell 65% to US$35 billion - the lowest first nine-month total since 2013.

Singapore headline inflation falls to 4% in August; core inflation drops to 3.4% Singapore's headline and core inflation continued to fall in August as expected, with majority of categories recording lower inflation.