The Business Times

COE premiums breach S$150,000 for the first time The price for open category COEs hit an all-time high of S$152,000. Meanwhile, prices for Category B rose to S$146,002, also setting a new record.

Legacy building through landed homes District 19, particularly the Serangoon Gardens and Hougang neighbourhoods, accounted for the highest number of landed home sales from 2020-2022.

Prices of agri commodities could hit new highs from severe El Nino weather Industry watchers are bracing themselves for a particularly intense spell this year, and say the resulting price spikes could be severe.

Pinduoduo’s Temu jumps into S-E Asia e-commerce arena Temu entered South-east Asia first via the Philippines on Aug 26, then Malaysia on Sep 8. And Singapore may be its next market.

HDB launches 6,800 flats across 8 projects in October BTO exercise HDB also introduced a new priority category in this BTO exercise to enhance support for a subset of first-timer families with children aged 18 and below,…

Singapore unveils carbon credit criteria; new double-counting safeguards could exact a price Companies looking to offset their taxable emissions here must be prepared to pay a premium over voluntary credits, say market p…

US House speaker Kevin McCarthy ejected in brutal, historic rebellion It is the first ouster of a speaker in the House’s 234-year history.

#BTOpinion: CPF’s unconditional withdrawal limit should not be raised CPF is not meant for immediate or short-term use, and we should not allow retirement savings to be depleted too easily without good reason.

Singapore’s PMI back in expansion mode in September Singapore's overall manufacturing sentiment headed back into positive territory for the first time in six months, suggesting that the manufacturing slump may have botto…

Rolex prices drop as cheaper watches outperform: Subdial Index Over the previous six months, lower-priced, entry-level timepieces have outperformed the overall market as well as the Rolex and Patek Philippe indexes.

Singapore hotel takings, average room rates slip in August August’s lower figures came as tourist arrivals dipped in August to 1.31 million due to a seasonal fall in tourism demand.

2 property agents found guilty of failing to comply with anti-money laundering regulations: Indranee One of these property agents was handed a financial penalty of S$4,000 and had her registration suspended for four mont…

Acra to introduce penalties on service providers, restrictions on directors next year Acra is investigating the role played by the registered filing agents involved in the money-laundering case and will take enforcement…

Low number of approvals for foreigners to buy landed homes on Singapore mainland: Indranee The government approved 34 applications by Permanent Residents (PRs) seeking to buy landed homes on the Singapore mainland last y…

Assets seized, frozen in anti-money laundering probe swell to over S$2.8 billion Second Minister for Home Affairs Josephine Teo said Singapore’s anti-money laundering enforcement agents first picked up signals of a case…

More structure needed before MAS’ proposed transition credits can fuel coal’s phase-out Transition credits can help cover the losses faced by stakeholders if an operational coal plant is retired early.

#BTOpinion: Interest rates staying elevated for a longer time will hurt demand for Singapore homes If higher interest rates for buyers who rely heavily on home loans take the fizz off new home sales, expect cash-rich pot…

PropNex chief: “I want people to benefit just as I benefited (from real estate)” Ismail Gafoor’s PropNex has grown to become Singapore’s largest real estate group with a market capitalisation exceeding S$640 million. 💲M…

VTAC to combine with livestreaming operator 17Live at S$1.2 billion valuation Special-purpose acquisition company (Spac) Vertex Technology Acquisition Company is drawn to 17Live's technology-driven business in the consum…

MP Tin Pei Ling joins fintech firm after 7 months at Grab Tin Pei Ling’s move to DCS Card Centre, formerly known as Diners Club Singapore, follows her stint at Grab, where she was director of corporate development.

🎙 BT Money Hacks: Investing during recession can be rewarding No sense waiting for big brains to confirm there’s a recession. Why not take matters into your own hands and invest like there is? Howie Lim gets insights fr…

#BTExplains: Inflation and its trajectory for Singapore In Singapore, price pressures in several major sectors have started to ease, but prices remain high compared to pre-pandemic rates.

Singapore Savings Bond 10-year average yield reaches year-to-date high of 3.32% Interest rates for the SSBs have risen consecutively for the past four tranches, after yields dropped to a low of 2.81% in June this year.

#BTOpinion: SGX should not grant Boustead Singapore’s request for more time to comply with delisting order Boustead Singapore should also not be allowed to include the Boustead Projects shares held by chief executive Won…

#BTOpinion: Find a loan before a home, not other way round With rising interest rates, it is important to decide on your loan before looking for a property.

MAS working with DBS to find root cause of PayNow disruption MAS “expects banks to have the ability to recover quickly from any system disruption, and to address and resolve the impact to customers swiftly and transparen…

How green solutions can help S'pore industrial companies' ESG goals BRANDED CONTENT: Solar power plants and photovoltaic inverters are some examples that can help firms in their sustainability journey, while meeting the…

GCB of Three Arrows’ Zhu Su being used for wife’s urban farming company The backyard of the 31,862 square-foot property has been turned into the 'Yarwood Homestead' urban farm - with rows of crops, a space for chickens a…

Clearing the air about prenuptial agreements More couples are entering into prenups, sometimes at the insistence of parents anxious to ringfence family wealth in the event of a contentious divorce.