The Business Times

#Brunch: Not just fun and games: How mobile games have become big business Mobile gaming is booming as companies find new ways to get consumers hooked – and to open up their wallets.

Singapore factory output reverses into negative territory in March, down 9.2% The reading falls below private sector economists’ expectations of a 1.5% contraction.

Singapore’s growth should strengthen to ‘around potential’, output gap to close by end-2024: MAS This comes as global economic growth is expected to remain resilient this year.

HDB resale prices up 1.8% in Q1; rental market slows down The HDB resale price rise over the most recent two quarters is close to the total increase of 2.8% over the second and third quarters of 2023.

Workplace flexibility on rise as Singapore pushes for four-day week While not legally binding or mandatory for employers, the guideline is intended to encourage companies to adopt more flexible working patterns, a strate…

Reaching a utopia where heart attacks become a rarity SPONSORED: The newest guidelines on lowering cholesterol to prevent heart disease are focused on lowering LDL cholesterol and are guided by the paradigm 'the lower th…

Singapore’s private home prices up 1.4% in Q1, rents drop by 1.9%: URA In the primary market, developers launch for sale 1,304 private homes, excluding executive condos.

Start your day with BT ☕️: Stocks to watch: KCLI, Great Eastern, MIT, Sheng Siong, iFast, Far East Orchard Top stories 1. Companies: Sheng Siong Q1 net profit up 9.3% on higher revenue 2. Companies: Great Eastern chairma…

Malaysia’s March inflation steady at 1.8%, beats economists’ forecast Core inflation is up 1.7% on the year.

Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co But number of units resold down 22.8% year on year.

Latest Singapore 6-month T-bill offering cut-off yield of 3.74% as applications dip Demand was down in the latest tranche. The auction received a total of S$14.4 billion in applications for the S$6.6 billion on offer, re…

BT subscribers can now share 5 premium articles a month with unlimited number of non-subscribers There is no limit to the number of times it can then be used to access the article, or the number of people who can use it.

Malaysia weighs casino licence to revive Forest City Prime Minister Anwar Ibrahim met Berjaya founder Vincent Tan and Genting Group’s Lim Kok Thay last week at the development on the southern coast of Malaysia near Singa…

Start your day with BT ☕️: Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife Top stories 1. Companies: Top-tier maritime players to boost sales, margins on oil rebound and tight…

Money laundering accused Su Baolin’s Sentosa property goes unsold at auction The 99-year leasehold Sentosa Cove site, which was advertised at a guide price of S$27.1 million or S$1,386 per square foot (psf), was put on t…

Striking while the flat iron’s hot Entrepreneur Stanley Seow, who is behind local steakhouses Fat Belly and Meadesmoore, has cultivated the ability to pivot when confronted with business challenges.

COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill The quota for Category A, used to register mainstream cars, has increased 3 per cent or 166 to 5,775.

Indonesia’s central bank delivers surprise rate hike to anchor rupiah Bank Indonesia (BI) raised the seven-day reverse repurchase rate by 25 basis points to 6.25%, its highest since the bank made the instrument its main…

Money laundering accused Su Baolin handed 3 more charges The new charges are related to S$1.1 million in criminal benefits and lying to MOM; these bring Su’s total number of charges to 13.

Daughter of Chinese steel-and-nickel tycoon picks ups S$84 million Bin Tong Park bungalow The price works out to S$2,988 psf on land; buyer’s father is the chairman of Tsingshan Holding Group, one of the world’s biggest…

Cordlife customers push for legal action At least two groups of customers are seeking advice over class-action lawsuits after more than 7,000 cord-blood units found to be damaged or at risk of being adversely affected. R…

#BTOpinion: ‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps In choosing not to be transparent about the remuneration of their key management because of “competition for talent”, questions –…

Singapore-based Amazon execs feel the brunt of job cuts The development follows job cuts in Prime Video, Amazon’s streaming platform, in South-east Asia – with the company winding down its original productions in the reg…

Start your day with BT ☕️: Stocks to watch: MPACT, CapitaLand Ascott Trust, Hotel Properties, OUE Reit, CCT Top stories 1. Companies: CapitaLand Ascott Trust’s Q1 gross profit rises 15% 2. Property: S$16.5 million deal a…

B2K’s second-generation leaders paw a new path in pet products Once a distributor of such products, the company has since launched its own brands, such as Kit Cat.

Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF It added that not all roles and jobs are suitable for all forms of flexible work arrangements, an…

Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low This was also the lowest headline inflation rate since September 2021, when it was 2.5%.

#BTOpinion: Time to study broadening of private market access One reason the rich can continue to grow their wealth is that they have the necessary disposable income to continue investing in both up and down markets.