The Business Times

A tale of two IRs: MBS edges out Genting’s RWS in mass-market appeal Analysts say Marina Bay Sands’ new tower is unlikely to erode traffic at Resorts World Sentosa, but other factors could give the former an advantage.

Start your day with BT ☕️: Stocks to watch: CDL, Frasers Property, Wing Tai, Cordlife, UOB Top stories 1. Property: Five-party consortium places 2 bids for Jurong Lake District site 2. Companies: Using your premium credi…

MPA investigating after Singapore-flagged ship hits Baltimore bridge Investigators from MPA and the Transport Safety Investigation Bureau are making their way to Baltimore.

Prices of Singapore GCBs, luxury apartments remain stable as sales volume declines There were nine GCB transactions worth S$202.05 million in H2 2023, down 64.9% versus the S$575.27 million from 14 GCB transactions in th…

CapitaLand Development, CDL, Frasers Property, Mitsubishi Estate and Mitsui Fudosan tie-up places 2 bids for Jurong Lake District site Details of pricing will be released when the decision on the site’s award is announce…

#BTOpinion: What makes Musk tick? It’s time to care The need to examine his behaviour – which grows more pugnacious with time – will only become more pressing as he actively shapes mankind’s technological future.

Ravi Menon appointed Singapore’s ambassador for climate action On Tuesday (Mar 26), NCCS said Menon will represent Singapore at international climate action platforms to contribute to global discourse and collective acti…

Health, manufacturing sectors continue to lead Singapore’s gender pay gap While Singapore’s gender pay gap has narrowed, it is striking that the industries with the most significant disparity five years ago still remain…

Hot stock: Lum Chang shares sink on MD’s involvement in Iswaran probe Shares of Lum Chang fell more than 10% on Tuesday (Mar 26) morning after the company revealed that its managing director, David Lum, had “attended sev…

Sabana Reit trustee’s first meeting with internationalisation committee fails HSBC Institutional Trust Services’ first meeting with the internalisation committee did not take place as intended on Mar 25, as the committee…

Start your day with BT ☕️: Stocks to watch: Sabana Reit, CSE Global, Multi-Chem, OKP Top stories 1. Property: Trouble looms for developers who post tepid sales take-up at home launches 2. Banking: Citigroup to end sweepi…

In land-scarce Singapore, could a newly-minted rental housing type and the opportunity to invest in it, be a way out of Singaporeans' obsession with accumulating property? Stay awhile: How long-stay serviced apartments m…

From bankers to technocrats, all eyes on Indonesia president-elect Prabowo’s Cabinet line-up Social media has been abuzz in recent days with various lists claiming to represent Prabowo’s potential Cabinet line-up, rangin…

#BTOpinion: ‘Buy now, pay later’ is not dead BNPL players are faltering, throwing the relevance of the service into question. Yet, a select few operators of large marketplaces could find value in ramping up the offering…

Hyflux’s civil suits against founder Olivia Lum, ex-auditor KPMG to be jointly tried Justice Goh Yihan, in a judgment published on Monday (Mar 25), said he agreed with Lum that a joint trial of the Hyflux claims will “sa…

Cutting the cord?: The events leading up to Cordlife’s MOH suspension and arrests of its directors, former group CEO The Business Times traces the timeline of events leading to these arrests, which are related to alleged…

Iswaran faces 8 new charges for obtaining S$19,000 in items including Brompton bike, golf clubs Besides golf equipment, whisky and wine, a Brompton bicycle valued at about S$7,900 was among the valuables Iswaran was said…

Singapore’s inflation rises more than expected in February; core inflation at 3.6%, headline at 3.4% The higher inflation is a reflection of a pickup in accommodation inflation, in addition to higher core prices, said MA…

Swiftonomics boosts UOB card billings by 35%; over S$30 million spent on tickets Spending across almost all tourism-related categories experienced a marked surge led in spending at clothing retailers (85%), transportatio…

Singapore sees six-year high in share of job vacancies that are newly created The share of job vacancies in Singapore that were newly created – as opposed to being vacated by a former employee – reached 47.3% in 2023, th…

Start your day with BT ☕️: Stocks to watch: Shangri-La Asia, Sabana Reit, Best World, Cordlife Top stories 1. Banking: Once high-flying bankers in Hong Kong become a lost generation 2. Property: Private-home sub-sales co…

8 new charges for Iswaran; ex-transport minister now faces 35 charges, maintains not guilty plea Iswaran's eight new charges are under section 165 - which makes it an offence for a public servant to accept gifts from som…

Better returns for Keppel, Sembcorp following portfolio overhauls, strategic shifts Their respective revamps first surfaced in June 2021, as they explored the combination of their offshore and marine (O&M) units, after K…

Sabana Reit trustee sets up internalisation committee with Quarz Capital staff among members This was among several moves the trustee has made to prod along the internalisation of the Reit manager.

Raffles Medical chair continues acquisitions; Sam Goi ups stake in PSC Institutions were net buyers of Singapore stocks over the five trading sessions through to Mar 21, with S$257 million of net institutional inflow, as…

More middle managers are being laid off The latest corporate buzzword is efficiency, and that hasn’t been good for much-maligned middle managers. If you have got direct reports, you should probably be looking over your s…

Will AI help or hurt workers? At SXSW, the answer depends on who you ask Companies were spinning a positive narrative – pushing the idea that AI would not destroy jobs, but rather represented a once-in-a-generation oppor…

Is Asean truly a winner in globalisation 2.0? The evolving landscape is more complex than meets the eye.

Your questions about sodium, answered In recent decades, researchers have disagreed about exactly how much sodium is too much.

What makes a coincidence meaningful? There are two kinds of people in the world: people who say, “What a coincidence”, and people who say, “Just a coincidence”. Same facts, different reactions. Are you the “what a” kind…