The Business Times

#SGBudget2024: Firms hiring foreigners must pay locals minimum S$1,600 wage, up from S$1,400 Local employees, who work at companies that hire foreign workers, must now be paid a minimum part-time hourly rate of S$10.50 p…

#SGBudget2024: S$4,000 top-up to SkillsFuture for Singaporeans aged above 40, monthly training allowance introduced Additionally, Singaporeans aged 40 and above will receive full government subsidies to pursue a second d…

#SGBudget2024: S$2 billion funding to support financial sector development, S$3 billion more into R&D Financial support for Republic’s artificial intelligence (AI) capabilities, in the form of S$1 billion in funding over…

#SGBudget2024: S$1.3b support package to help businesses manage costs Called the Enterprise Support Package, it comprises a corporate income tax rebate; enhancements to the Enterprise Financing Scheme (EFS); and an exten…

#SGBudget2024: Additional S$1.9 billion for Assurance Package, all Singaporean households to get extra S$600 CDC vouchers Eligible Singaporeans will receive a one-off cost-of-living special payment of between S$200 and S…

#SGBudget2024: Forward Singapore exercise a ‘crucial roadmap’ to chart Singapore’s way through less stable external environment “Overall, we are cautiously optimistic that 2024 will be a better year,” Finance Minister La…

Watch BT's live stream of Budget 2024 statement from 3.30 pm, Feb 16 Watch Deputy Prime Minister and Finance Minister Lawrence Wong deliver this year's Budget statement here: Or read our coverage here:

SIC flags breaches by advisers Allen & Gledhill, DBS during 2022 Mapletree merger The breaches involved a whitewash waiver to make the general offer for a trust scheme of arrangement, which resulted in the merged entity…

Temasek divests 1.1% stake in Indian hospital chain for 3.95 billion rupees: sources After trimming three million shares via its unit Dunearn Investments, it still retains a stake of about 17 per cent in Medanta.

No Signboard interim CEO’s stake in white knight Gazelle Ventures raises conflict-of-interest risk Interim chief executive Lim Teck-Ean is also a substantial shareholder in white knight investor Gazelle Ventures, a sourc…

Singapore exports up 16.8% in January, lifted by jump in non-monetary gold shipments On a seasonally adjusted monthly basis, NODX grew 2.3% in January to S$14.9 billion, from the 1.7% contraction in December.

SIA passenger traffic for January up 14.4%, slower than passenger capacity growth of 16.5% The flagship airline’s revenue passenger-kilometres rose 14.3 per cent to 9.6 billion from 8.4 billion year on year.

Amid funding crunch, smaller Indonesia startups face hard decision to sell or shut down An increasing number of startups that have secured seed funding, but have run out of cash, are selling their entire businesses to la…

Carousell co-founder Lucas Ngoo to step down Ngoo said that he will remain with Carousell in the capacity of co-founder and board director.

Latest Singapore 6-month T-bill offers cut-off yield of 3.66% This was compared to the cut-off yield of 3.54% offered in the previous six-month auction, which closed on Feb 1.

New private home sales double in January after year-end dip Still, the latest January sales figure is 28.5% less than the 393 units sold in the same month in 2023, and is also the lowest January sales number since 2009.

#BTOpinion: Budget 2024 should keep cost-of-living handouts targeted to avoid fuelling inflation It would be unsustainable to dole out inflation-related help that ends up keeping inflation higher for longer and necessita…

Time to review planning to increase supply for senior living: Redas S'pore needs to review whether it should have a seperate zoning for senior living amid increased demand and demographic shifts, the Real Estate Develope…

Watch the livestream of Singapore’s Budget 2024 statement, which will be delivered in Parliament at 3.30 pm on Feb 16 (Friday). Click “Notify me” to receive an alert when the stream begins. For more of BT's #SGBudget2024…

Singapore upgrades 2024 NODX forecast to growth of 4 to 6% NODX is now tipped to grow by 4 to 6% year on year in 2024, compared with November’s forecast of a 2 to 4% growth.

Six things to look out for in Budget 2024 From managing costs of living to bolstering small business, potential moves have been foreshadowed by the government, not least at the release of the Forward Singapore report las…

PMO deputy secretary Cindy Khoo appointed new managing director of Enterprise Singapore In addition to Khoo, MTI has appointed six new members to the board of EnterpriseSG, who will assume their roles on Apr 1.

Singapore’s 2023 GDP growth revised down marginally to 1.1%; 2024 forecast kept at 1 to 3% Advance estimates released early in January had put full-year growth at 1.2%, moderating from the 2022 full-year growth figure of…

PODCAST: Generative AI, blockchain technology. How will tech help keep your business ahead of the competition? HSBC Singapore's Priya Kini shares more. This episode of Tech in Finance is presented by HSBC Singapore. #btp…

Udders tailors its scoops of ‘Made-in-Singapore’ ice-cream for markets abroad The homegrown ice-cream maker aims for overseas sales to account for 60% of its overall revenue in the next three to five years, up from 20% n…

Keppel to build 43 MWp solar PV system at Changi Airport It will be the largest single-site rooftop solar PV system in Singapore.

Unofficial Indonesia election vote count shows frontrunner Prabowo holding early lead Various surveys conducted after the polls closed showed that the 72-year-old Prabowo – a frontrunner in numerous opinion polls during…

More firms want support to cope with inflation, adopt sustainable practices; higher SkillsFuture credits in Budget 2024: UOB survey 84% of businesses said they were somewhat or highly affected by inflation, with its effe…