The Business Times

Singapore’s median household income up 2.8% in real terms in 2023 The median monthly income from work was S$10,869 for resident employed households, up from S$10,099 in 2022.

#BTOpinion: No hope, no way out for No Signboard’s investors short of exit offer or winding up company No Signboard should consider putting investors out of their misery.

New ETF enables S’poreans to explore high-growth Chinese stocks BRANDED CONTENT: Innovation focused and listed on the SGX mainboard, the CSI 1000 ETF is also the first of its kind to be listed outside of mainland China.…

DBS Q4 profit falls 3% to S$2.27 billion; proposes S$0.54 per share dividend, 1-for-10 bonus issue The lender declared a dividend of S$0.54 per share for the period, up from S$0.42 per share in the previous Q4.

HDB resale prices jump 1.5% in January amid strong volumes: SRX, 99.co Prices for all room types rose over December 2023 levels, with five-room flats booking the largest increase at 2.1%.

Singapore AI fintech investment surges in H2 despite global funding winter: KPMG Funding for artificial intelligence (AI) technologies in Singapore’s fintech sector surged 77 per cent in the second half of 2023, despite…

Why is Big Tech still cutting jobs? The layoffs continued even as sales and profits jumped and share prices spiked.

OK Lim was in ‘complete control, made all decisions’ for company: Hin Leong ex-employee When asked she agreed with OK Lim saying he was not involved in the company's day-to-day activities, Seng replied: “That’s not true,…

Higher property tax revenue in 2024, mainly from non-owner-occupied homes: Chee Hong Tat Singapore's residential property tax revenue is projected to grow by around S$600 million this year, higher than the originally ant…

With ‘tough year’ ahead, NTUC calls for support for displaced workers, caregivers in Budget 2024 “It’s going to be a tough year for our workers,” said NTUC secretary-general Ng Chee Meng. “We are already starting to see…

Alibaba’s 80% loss may extend on competition worries China’s online retail market has grown crowded, with stalwarts Alibaba and JD.com facing new entrants including Douyin Mall, run by TikTok owner ByteDance.

Attractive dividend yields to prop up DBS, OCBC, UOB shares as earnings soften in Q4 Analysts said the lenders are likely to continue posting attractive dividend yields for Q4, which should provide support for their shar…

Tech layoffs continue to roil industry with 32,000 jobs cut Although economic factors are the main reason for tech layoffs, many companies are citing the race for artificial intelligence (AI) as a factor, as they are shi…

HDB approves 25% of appeals to waive 15-month waiting period for condo downgraders Of the 3,470 appeals HDB received between Sep 30, 2022 and Dec 31, 2023, about 850 were approved.

#BTOpinion: Executive condo prices are stretching affordability limits. Is it time to refine the model? The EC model should be refined to better meet the needs of driven young Singaporeans in buying their dream homes san…

Japanese capital pours into South-east Asia, seeking growth The favourable demographics in South-east Asia with a growing appetite for financing makes the region very attractive to Japanese investors.

Banker extraordinaire and takeover artist: Milestones from Wee Cho Yaw’s career Though media-shy, Wee often made headlines for high-profile M&A deals, at times clashing with business rivals. The Business Times looks back…

Retrenchment rules must keep flexibility for businesses while protecting workers: Tan See Leng While Singapore protects workers, it must “preserve the flexibility for businesses to adjust to market conditions, because th…

Singapore retail sales down 0.4% in December, reversing November’s gain Stats reversed from a 2.4% gain in the previous month, as most industries recorded declines in sales.

Singapore to review F1 contracts, audit 2022 race in light of graft allegations against Iswaran The contract review will be performed by the Ministry of Trade and Industry, while the audit will be conducted by the Singap…

#BTOpinion: SRS contributions are great for tax savings but may not be for everyone Even if you are earning a large enough amount that the tax savings from SRS contributions would be significant, you should also consider…

Lazada’s laid off union members get training fund, better support package This settlement comes about a month after NTUC first voiced its disappointment over the layoffs in Jan 5.

Tributes pour in for visionary banker Wee Cho Yaw Prime Minister Lee Hsien Loong hailed Wee, who died on Saturday (Feb 3) at the age of 95, as “a titan of Singapore’s banking industry”.

Hong Kong pins revival hopes on Messi after Coldplay, Taylor Swift misses Attempts to create “Messi mania” were evident across the finance hub, with billboards depicting the eight-time Ballon d’Or winner in Inter Miami’s…

#BTLifestyle: New fine arts club for the C-suite Eureka Griffin Club invites business leaders to indulge in the world of culture and collectibles.

China’s young workers nap away their worries with singing bowls With the sounds of a gong, Ukrainian water drum, rainstick and handpans, these millennials awake after what they say is the best sleep they’ve had in years…

More PET bottles are getting a second life in S-E Asia as capacity, demand grow Coca-Cola’s sustainability director lifts the lid on its activities to get the region’s PET recycling capacity up to speed.

#BTLifestyle: Young sushi chef, zen vibe at Takahashi The new Mohamed Sultan eatery is the Singapore offshoot of its Tokyo flagship. With its lunch menu starting from $180, will it deliver?

#BTLifestyle: Easy meals for Chinese New Year reunions at home Gather around your own dining table with conveniently curated gourmet sets to go.