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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 Вересень 2023

291 публікацій

Founder of Chinese gambling website linked to Singapore’s S$2 billion money laundering case Wang Bingang, who formed a gambling site in 2012 when he was only 23 years old, started churning out millions in two years.

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Mercatus said to have put 18 assets in HDB estates up for sale at S$265m guide price The 18 properties add up to about 170,000 sq ft of space, and about 80% of the space is leased to NTUC FairPrice.

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Lawrence Wong to become deputy chairman of GIC from Oct 1 Prime Minister Lee Hsien Loong is the current chairman of the GIC board.

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Criminal groups from China spreading out to South-east Asia, including Singapore: experts Criminal syndicates from China are setting up bases in countries like the Philippines, Australia and Singapore to launder their il…

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Singapore unlikely to make caregiving leave mandatory despite NTUC recommendation: observers Employers say they understand the increasing necessity of caregiving leave, but that it would be challenging for them to bear t…

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Apple’s iPhone 15 goes on sale in test of holiday resurgence Apple shares rose 1.4% per cent to US$176.42, bringing its year-to-date gain to 36%.

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Can old dogs learn new tricks? A look at BT’s journey to attract Gen Zs "Anything too polished could be deemed inauthentic in today’s raw TikTok world." From memes to street interviews, the editor of BT's young audience…

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Are Apple’s carbon-neutral goals a genuine commitment to sustainability? Apple recently turned heads with its five-minute clip on sustainability initiatives, but how much emphasis should investors place on such sustainab…

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#BTLuxe: Amanda Toh-Steckler: Taking on haute couture with Dior “I don’t put on clothing just to impress others... To me, fashion isn’t just about looking good; it’s about being yourself,” says the owner of Killiney Kopi…

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An opera about Steve Jobs is opening in San Francisco In 20 short scenes, spanning Jobs’ youth in the 1960s to his death in 2011, music helps audiences experience the conflicting facets of the tech titan.

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#BTLuxe: How does an architect build his own home? For Chaw Chih Wen, it means pushing the envelope to design a home that makes a profound statement about sustainability.

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Tuas water reclamation plant on track to open in 2026 amid rising costs, boosting recycled water supply Expected to be operational in 2026, the plant can treat 650,000 cubic m of domestic sewage water per day – enough to…

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Bernard Arnault built a luxury empire on ‘desirability’. Who will inherit it? Arnault made weekend inspections of LVMH properties with his children a routine for more than 30 years, and paired each child with a mentor as…

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#BTLuxe: Alfred Sun talks career, growth and style You might know 31-year-old Alfred Sun from his music or the Chinese reality show 'We Are Young', but he's also a bona fide style icon. Read more: bt.sg/SZY6

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#BTLuxe: Building a dream home in Bali Away from the bustling centres of Seminyak and Canggu, architect Ian Chee built his perfect getaway on the shores of Saba Beach. Thinking about owning a holiday home in Bali? Here’s…

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#BTLuxe: Mint Pattarasaya: A classic girl-about-town At age 30, Mint Pattarasaya is already a triple threat - from runways to recording studios, the multi-talented Thai model-singer does it all.

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#BTLifestyle: Noa Lounge’s colourful Mediterranean fare brings in the chi-chi crowd Chef-owner Alain Devahive brings solid cooking into the trendy Mondrian hotel F&B enclave, says our resident food critic Jaime Ee who ra…

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Singapore residential property market ‘fairly valued’: UBS A skilled service worker in Singapore needs an average 10 years of income to be able to buy a 650 sq ft flat near the city centre, UBS says.

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Carousell well-capitalised, with ‘healthy’ narrowing of losses: CEO “While we continue to grow our revenue very healthily, we’re also actually seeing a very healthy decline in our losses this year,” said chief executive…

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Sheng Siong to open 6th store in China The new store, which will be located at the Yunnan Aegean Shopping Park, is expected to be operational before the end of the second quarter of 2024.

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Blockbuster movie scares Chinese tourists away from Thailand No longer a happy land of water fights and delicious food, Thailand's image among Chinese tourists is now one of dangerous illegality and seedy scam border com…

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Foodpanda lays off Asia-Pacific staff amid plans for partial sale of business Without citing how many employees are affected, foodpanda chief executive Jakob Angele said that the company’s priority is to become “leaner,…

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#Brunch: Why your credit score matters Despite growing financial literacy, some working adults in Singapore remain unaware of their credit score. In an informal poll, some respondents asked what a credit score was, while…

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#BTLuxe: A reclusive home for a multigenerational family This three-storey dwelling for a 12-member, multigenerational family seems intimidating at first, but step inside and it’s a world of difference.

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Felipe Massa wants Singapore’s first F1 title overturned because of Piquet’s ‘deliberate crash’ Brazilian driver Felipe Massa wants to overturn the result of the 2008 race in Singapore, as he believes he lost the F1 cham…

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Gloomy predictions from Fed chair Powell mean no future shocks Market bulls might take comfort that Federal Reserve chairman Jerome Powell has not said he will hike rates until the US goes into recession.

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S$2.4b raised from Government’s first sovereign green bond to go to Jurong Region, Cross Island lines: MOF 30% of the proceeds from the bond has been allocated to finance capital expenditure on the Cross Island and Juron…

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MAS to increase deposit insurance cap to S$100,000 from April 2024 MAS will raise the maximum deposit insurance coverage per depositor to S$100,000 from S$75,000, with effect from Apr 1, 2024, in response to feedback rec…

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#BTOpinion: The great monetisation of corporate Singapore Singtel, for one, unlocked S$2.8 billion from asset recycling, owing in a big way to its partial divestment of regional associate Bharti Airtel.

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Associates of money-laundering suspects linked to 19 units at Canninghill Piers They are also connected to two units at Gramercy Park and a S$26 million super penthouse at South Beach Residences.

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