The Business Times

"From a town centre into a city": Eyes on Johor as it seeks to be ‘Malaysia's Shenzhen' Johor's strategic location near to Singapore has attracted many multinational companies to Malaysia’s southern tip, including tech g…

#BTExplains: Here's what you need to know about the JB-S’pore Rapid Transit System Link. Check out the infographic:

Singapore, Malaysia ink MOU on Johor-Singapore Special Economic Zone Both sides are exploring initiatives such as a passport-free QR code clearance system at the land checkpoints to facilitate more efficient clearance of…

‘Money lock’ activated for about 38,000 Singapore bank accounts, protecting over S$3.2 billion in savings Launched by local banks in November, the feature helps to mitigate losses if a customer’s digital access to bank a…

Construction of JB-Singapore RTS railway shuttle link 65% complete; on track for end-2026 start When operational, the RTS Link – with an estimated project cost of RM10 billion (S$2.9 billion) – will have the capacity to…

OCBC prices S$450 million in 4.05% perpetual capital securities, first callable in 2029 The perps are to be issued on Jan 16, 2024, and listed on the Singapore Exchange the day after.

WP MP proposes scam victims should bear no more than S$100-S$500 of losses Prof Jamus Lim called the Monetary Authority of Singapore’s loss-sharing framework for phishing scams “fundamentally unfair”.

Frasers Property majority owners could sell company, assets amid review: WSJ The review is in its initial stages, according to the report.

PM Lee to visit Johor to attend Rapid Transit System Link commemorative ceremony Malaysian Prime Minister Anwar Ibrahim will also attend the ceremony, which will commemorate the completion of the connecting span between…

BlueSG offers users one-month subscription waiver following apology over service disruptions The subscription waiver will cover the January billing cycle from Jan 1 to 31.

How mid-cap firms can fund their decarbonisation journey Transition financing and sustainability-linked loans can help build their green practices, potentially attracting more investors. Brought to you by Maybank bt.sg/S…

#BTOpinion: Heat stress from climate change could worsen social inequality Tackling heat-stress inequality will no doubt involve substantial costs, which will need to be budgeted for. Failing to do so could ultimately ex…

BlackRock cuts 3% of global workforce, citing dramatic industry shifts The world’s largest asset manager said it still expects to have a larger staff by the end of the year, even with the cuts, as it expands certain part…

South-east Asia poised for better growth in 2024, with Indonesia leading the charge While Indonesia is expected to grow more than 5%, analysts are cautious on Thailand’s performance due to its weaker-than-expected touris…

CPIB completes graft probe involving Iswaran; matter now under review by Attorney-General’s Chambers “I understand that there is much public interest in this matter. I want to give my assurance that this case will be put…

Better year expected for S-Reits as data centre, hospitality players top volatile 2023 As interest rates retreat, DBS Group Research thinks it is time for investors to invest – or invest more – in S-Reits.

Blackstone’s first private equity fund for rich individuals gets US$1.3 billion Dubbed BXPE, the fund will invest in private strategies including startups, fund stakes and the buyouts that Blackstone chief executive offi…

JD.Com’s Dada identifies ‘suspicious practices’ in internal audit Dada said an estimate of about 500 million yuan (S$95 million) of revenues from online advertising and marketing services may have been overstated for the…

Government not ruling out separate COE category for private-hire cars: Chee Hong Tat The move has to be studied carefully, however, to avoid affecting the supply of COE for vehicles in other categories, he said.

There's a new unicorn in town Singapore semiconductor company Silicon Box has raised US$200 million in a Series B round, bringing its valuation to over US$1 billion less than three years after its founding.

Are you a delivery worker? Your tax deduction claims this year may be simpler. Delivery workers who earn S$50,000 or less can now claim deductions based on a fixed percentage of gross annual income earned, rather than th…

Shell flags Q4 writedown of up to US$4.5 billion, mainly on Singapore assets The assets include a 237,000 barrel-per-day refinery and a one million metric-ton-per-year ethylene plant on Singapore’s Bukom and Jurong islan…

Biotech firm says much of the world will be on obesity drugs in 50 years The latest generation of obesity treatments are on track to generate global sales of US$80 billion by 2030.

#BTOpinion: Let local couples jointly own two private homes without incurring ABSD Consider helping local couples with aspirations to own two homes here - let citizen couples enjoy the same tax position when jointly buyi…

After turbulent 2023, Vietnam braces for another uncertain year The country’s gross domestic product (GDP) grew by 5.05% in 2023 – well below the government’s official growth target of 6.5%.

Xi’s solution for China’s economy risks triggering new trade war China’s leaders are pouring money into manufacturing as property-related activity, which once spurred about a fifth of the economy’s expansion, turned into…

Iswaran’s corruption probe has had ‘big impact’ on West Coast GRC: Desmond Lee Iswaran, who is in charge of the West Coast ward in the GRC, was arrested by the Corrupt Practices Investigation Bureau (CPIB) on Jul 11, 202…

#BTOpinion: CapitaLand’s profit warning points to a sobering reporting season for Reits with foreign exposure Instead of chasing the market, investors should critically assess everything the managers and sponsor groups o…

The Business Times and Tech in Asia marriage: Here’s what you can expect Bundled subscriptions and new events are on the cards for the tie-up.