The Business Times

Singapore-China mutual visa exemption to start on Feb 9 in time for CNY holidays China now has “comprehensive” mutual visa exemption arrangements with at least 22 countries including Singapore.

Latest one-year T-bill offers cut-off yield of 3.45% Yields have fallen since the previous one-year tranche of the T-bills, which had offered a cut-off yield of 3.7 per cent. 📉 T-bill tracker: bt.sg/ST57

Higher casino earnings drive Marina Bay Sands topline growth for Q4 Net revenue for the Singapore integrated resort came in at US$1.1 billion, up 55.6 per cent from the US$682 million recorded in the previous correspondi…

Singapore condo resale volumes fall again in December, prices inch up: SRX, 99.co Resale prices were up 0.6% month on month for units in the Rest of Central Region (RCR) and 0.5% higher for units in the Outside Central R…

Lazada CEO heads Alibaba’s South Asian arm in the latest executive shuffle James Dong, 44, who heads Alibaba’s South-east Asian arm Lazada Group, will replace Daraz founder Bjarke Mikkelsen as acting CEO with immediate e…

Suburban properties chalk up biggest resale gains in Q4 as prices outperform Clementi Park unit tops Q4 gains with S$2 million profit after 6 years.

#BTExplains: When one plus one equals three: Why price hikes might be greater than the GST bump BT examines how a higher GST rate affects businesses – and why a disproportionate price hike is not equivalent to profiteeri…

Singapore’s semiconductor players to keep hiring; opportunities for ITE students under new MOUs In total, 500 students are expected to benefit over the next three years.

After losing favour with China travellers, Thailand pulls out all the stops to woo them back Analysts say, however, that the country’s goal of attracting 8 million Chinese visitors in 2024 is a stretch.

#BTOpinion: Could intensifying competition in Orchard Road be driving Wharf to sell Scotts Square? As more new developments emerge there, older and smaller assets in the area may reel from stiffer competition. The changi…

Capri, Citadines properties in advanced sale talks as hospitality returns to investors’ radar Prospective buyers conducting exclusive due diligence for Citadines Mount Sophia and Capri by Fraser, Changi City among other…

Stickies Bar to apply for interim judicial management; about 40 mediation claims filed over unpaid wages The proposed debt restructuring exercise comes after many employees did not receive their wages for December, six c…

Economists expect unchanged monetary policy in January even as December core inflation edges up to 3.3% DBS economist Chua Han Teng said the uptick was mainly due to higher services inflation in December – the highest si…

#BTOpinion: Arrival of active ETFs a likely winner for local investors and SGX Investors should still be disciplined and allocate their portfolio accordingly, rather than hoping an active strategy would be a sure-win bet…

Licence of property agent who brokered S$26 million penthouse deal not renewed Rochelle Chow Shuting’s real estate agent licence was not renewed by the Singapore Realtors Inc (SRI) after she was sentenced to 16 weeks’ ja…

Sign up for the BT Property Outlook Seminar 2024 today! Hosted by BT's Leslie Yee, Propnex CEO Ismail Gafoor and Savills Executive director Alan Cheong will share more on investing in property and buying at the right tim…

#BTOpinion: When private-hire vehicles operate like taxis, they should not bid for passenger car COEs A separate COE category for PHVs would properly recognise their status as cars with a commercial purpose.

AXS to allow payments in digital currencies in tie-up with crypto payment firm Users can choose to pay in either Bitcoin, Ether, Tether or USD Coin.

31 Midpoint Orchard units up for sale at S$281 million guide price The total estimated floor area of the units spans 22,614.95 square feet, which translates to a per square foot (psf) pricing of around S$12,425.

Singapore hedge fund Asia Genesis shuts after ‘big mistake’ on China trade The fund is returning money to investors after losses on long Hong Kong and China equities positions as well as short Nikkei bets.

Singapore’s headline inflation averaged 4.8% in 2023, core inflation at 4.2% In December, headline and core inflation inched up sequentially, instead of falling marginally as expected.

MOH finds more process lapses at Cordlife, requires rectifications by end-May MOH highlighted in its letter on Monday the cord-blood bank’s ineffective incident reporting frameworks, inadequate training and competence of…

Two units at The Ritz-Carlton Residences sold for S$16.5 million each, or $S5,397 psf It’s the first time since June 2023 that prime prices have crossed the S$5,000 psf mark.

Vizzio CEO’s fabricated credentials, inflated client list haunt startup Meanwhile, several entities whose logos are listed as clients on Vizzio’s website have clarified that they are not customers of the company – or at…

#BTOpinion: IFAs should use appropriate valuation basis to assess companies in take-private deals Many companies own assets with private-market valuations that are plainly visible to public investors.

PODCAST: How can you size up the markets and risks more clearly, in order to invest profitably in 2024? Genevieve Cua gets insights from Kelvin Tay of UBS. This episode is brought to you by UBS Wealth Management. #wealth…

Three questions Gen-X have for Gen-Z, and vice versa "Compared with other generations, Gen-Z individuals are more vocal about their workplace well-being and willing to question traditional rules that seem outdated," said…