The Business Times

News Analysis: Even as Singapore’s inflation cools, bringing it all the way back down will be tough “The disinflation trend should continue in 2024, but the last mile looks stickier than expected,” said HSBC Asean econom…

China Evergrande ordered to liquidate, owing US$300 billion “It is time for the court to say enough is enough,” said Hong Kong justice Linda Chan. This comes as Beijing is grappling with its worst property market in nine…

Lumina Grand EC sells 53% of units on launch weekend at average S$1,464 psf Located at the junction of Bukit Batok West Avenue 5 and Bukit Batok Road, the three-bedroom units were priced at S$1.338 million, while the fou…

MAS maintains monetary policy as expected, lowers headline inflation forecast “Barring any further global shocks, the Singapore economy is expected to strengthen in 2024, with growth becoming more broad-based,” said MAS.

Drowning in work? Whose fault is that? When a culture is so ingrained, it really becomes hard for an individual employee to buck the system without seeming, well, dishonorable. Or soft. So those who struggle in intense e…

US media layoffs top 3,000 in past year as digital ads disappoint Time magazine cut 15 per cent of its staff. Conde Nast, publisher of Vogue and The New Yorker, has let go 5 per cent.

#BTLifestyle: Nine health and wellness trends to watch in 2024 Experts weigh in on what we’re likely to see this year.

#BTLifestyle: Victor Liong pairs Aussie and Asian food with mixed results at Artyzen’s Quenino restaurant The Melbourne chef-restaurateur tries his hand at capturing Singapore’s food heritage but barely skims the surface…

Use of ez-link, Nets FlashPay cards on public transport to stay till at least 2030: Chee Hong Tat To keep this card-based ticketing system going for six more years, an estimated S$40 million will be needed for new equipm…

#BTLifestyle: Wild, wacky, wondrous: Under-the-radar shows at Singapore Art Week Away from the tentpole events, these smaller exhibitions deserve your love too.

Mixed views on how much Singapore-China visa exemption will boost tourism Even before the announcement, as at Jan 24, bookings by Chinese travellers to Singapore for the Chinese New Year (CNY) period were up more than 14…

Thailand’s wealthy Chearavanont siblings aim to take CP Group conglomerate to new heights The merger between CP’s telecoms unit True and Norway’s Telenor-owned Total Access Communications (DTAC) beefed up the Chearavanon…

S$1.57 million Toa Payoh HDB flat sale marks new resale high The transaction topped the previous high achieved by a four-room jumbo Housing and Development Board (HDB) flat at 50 Moh Guan Terrace which changed hands for…

Singapore SMEs see little need for climate disclosure help, as few big clients ask for such reports Of the seven manufacturing SMEs to which BT spoke, none had chief sustainability officers (CSOs); only one had dedicated…

SGTech launches guide to help SMEs better leverage GenAI SGTech flagged rising demand for applied AI skills such as data analysis and data visualisation.

Metro stretches its balance sheet with bite-sized commercial property deals “Metro currently has no intentions of becoming a full-fledged property developer,” group chief executive Yip Hoong Mun told The Business Times.

Robotic arms, unmanned shops at SMRT’s revamped retail innovation hub Among the concepts at Hive 2.0 are six “autonomous retail” set-ups which allow customers to buy items with little to no human intervention.

#Brunch: Second-hand luxury thriving in Singapore as bag prices surge In 2019, a used medium Chanel Classic Flap sold for S$5,800. In 2023, a piece of the same model sold for S$12,800. Why is the second-hand luxury marke…

Eight shophouses linked to money laundering probe put on the market Three of the properties are now being marketed at S$61.1 million.

DBS to roll out money lock feature on existing bank accounts Locked funds cannot be digitally used or moved, and require physical verification to be unlocked.

Singapore reviews local qualifying salary; more funding for employers to raise wages in Budget 2024 The local qualifying salary, currently set at S$1,400, is the minimum that companies must pay their local employees if t…

Singapore’s factory output shrinks 2.5% in December The reading also registered a decline from the previous month’s revised figure of 0 per cent.

Asean shipping counters rise, but uplift unlikely to be sustainable amid overcapacity The crisis in the Red Sea began just as freight rates were normalising from their pandemic spike, but now costs for sending shipments…

High Street Centre owners in private talks after close of S$748 million en bloc tender This is the second time the 99-year leasehold development was launched for collective sale. It was first put up for sale in June 2020…

Here's the latest on Singapore's property market: Private home prices up 2.8% while rents fall 2.1% in Q4; prices up 6.8% for the year HDB resale prices rise 1.1% in Q4 as growth slows; up 4.9% in 2023 Retail space rents…

OCBC to roll out Money Lock for time deposits from end-January “Prevailing interest rates continue to apply to locked funds so OCBC Money Lock users will not miss out on bonus interest earned on their total balances for…

Porsche Singapore ditches traditional showroom, relying solely on lifestyle-focused space Much of its floor space of 8,500 square feet is given over to a fashion and accessories boutique, cafe, library, and open spaces t…

Top banker pay sinks below US$1 million in Asia as bonuses vanish Total compensation for many senior bankers in Asia ex-Japan fell to US$700,000 to US$800,000, well below the US$1 million or more they have typically earn…

Google layoffs set the stage for AI battle among titans Increasingly, we are seeing a trend of companies having to rethink their businesses and long-term investments. One example is the AR and VR industry that never real…