The Business Times

COE prices plunge by up to S$40,000 on quota bump Prices for Category B fell by S$40,000 to S$110,001, while prices for Category E decreased by S$32,992 to S$125,011.

Another BNPL player croaks; Pace in liquidation due to liabilities The inability to continue due to liabilities was cited as the reason for voluntary winding up in a resolution signed by founder and chief executive Turoc…

Singapore retains world No 2 spot on talent competitiveness index, ranks first in Asia-Pacific For the third consecutive year, Singapore came in behind Switzerland, which has taken first place on the index since 2013.

#BTOpinion: Growing private-hire car population, surging trips a roadblock to Singapore’s car-lite goal? With PHV rental more affordable than owning a car, would aspiring car owners use PHVs more often, instead of taking…

Singapore healthcare stocks: no more a defensive play as pandemic boost fades An ageing society may lift private healthcare providers while glove makers face struggle to regain outsized relevance.

Law Society elects Sam Hui Min Lisa as president She will be the Law Society of Singapore's third female president in the history of the society.

Real median income in Singapore falls 4.5% in first half of 2023 due to inflation, weaker outlook The drop in real incomes was felt by workers across different job sectors, as inflation outpaced wage increases.

Structural policy shifts needed to tackle cost of living: WP MPs Responding to opposition calls for Singapore to review its policies in light of inflation, Senior Minister of State for Finance Chee Hong Tat said that exi…

SIA posts record H1 earnings of S$1.4 billion; to redeem additional 25% of June 2021 MCBs The higher net profit came despite a 15.3% year-on-year rise in net fuel costs.

Going international; connecting globally BRANDED CONTENT: HSBC at the forefront of global trade. bt.sg/S3fu

Savills deputy MD Galven Tan resigns; will join Knight Frank as CEO Tan, who will be leaving after four years at Savills, said he has “thoroughly enjoyed” his time there.

OCBC says app, Internet banking have resumed after ‘intermittent technical issues’ hit services The bank’s funds transfer and PayNow services on its app and Internet banking platform were restored at about 2.30 pm, follo…

Construction at Su Baolin’s Sentosa Cove villa stalled as money-laundering probe continues He had submitted plans to build a two-storey detached house with a swimming pool, before his arrest in August.

Fleeting investor interest spells trouble for sustainability-linked bonds Sustainable bond proceeds went down for the first time in 2022 - a 21% drop to US$692 billion from the previous year.

WeWork files for bankruptcy in US, no plans to downsize or shut Singapore locations “There are no plans to downsize or shut down any of the locations here for now even as we are in a real estate rationalisation exercise…

Do green buildings command better prices? The evidence is limited, although other benefits add up Many valuers may lack the full understanding or ability to assign a premium for the Green Mark or other certifications on…

Singapore may add provision on culture to corporate governance code MAS managing director Ravi Menon says boards can do more to build trust, especially in assessing their own performance.

Israel-Hamas conflict has limited economic impact on Singapore unless it turns regional: DPM Wong “We must be prepared for more uncertainties ahead, and we are updating our drawer plans, should the situation take a turn…

2.5 million payments, ATM transactions failed in DBS, Citi disruptions on Oct 14 Asked if MAS's regulatory approach was sufficient to get banks to improve their digital resilience, Minister of State for Trade and Industr…

Want to retire with S$1 million? It’s achievable, but might not be enough One million dollars today will be worth about half that in 30 years’ time, assuming an inflation rate of 2%.

DBS maintains ROE expectations of 17% next year as it seeks to strengthen infrastructure Chief executive Piyush Gupta said DBS was already hiring more talent to solve some of its problems, which were “deep down and lengt…

How a clear purpose can help businesses navigate global complexity BRANDED CONTENT: One company shares its 10-year roadmap, which guides its decision-making, strategic planning and more. bt.sg/S3TR

Private-hire demand ‘unlikely’ a main driver of high COE prices: Chee Hong Tat Chee added that high COE prices are unlikely to be caused by foreigners, who won just 1% of Category A COEs and 4% of Category B ones over th…

#BTOpinion: Demand may be strong, but don’t overbuild 5-room BTO flats HDB could impose a property tax surcharge on two-person households who buy BTO 5-room flats, says BT's Leslie Yee. This can be refunded, with interes…

Singapore proposes law to govern how President, ministers accept foreign appointments in private capacity “Accepting such positions can enhance Singapore’s international standing and help to advance our national interest…

Leasing volume of luxury homes up in Q3 while transaction volumes fall: Huttons Asia Rents of non-landed luxury homes increased by almost 20% to S$15,894 per month.

#BTOpinion: Corporate governance gripes may fade if chronic undervaluation of stocks is addressed If there is no upside to being listed, companies will naturally resent the cost and effort of maintaining their listed sta…