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The Business Times

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South-east Asia's leading financial news site.

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227 публікацій

MAS tightens grip on digital payment token service providers with new user protection measures MAS made amendments to the Payment Services Act and its subsidiary legislation on Tuesday (Apr 2) to expand the scope of paym…

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HDB flat rents rose 10% in 2023, stabilising from 35% surge in 2022: Indranee The surge in open market rents in 2022 was due to the opening up of border restrictions and the recovery of non-resident rental demand, she sa…

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Carousell acquires luxury bag reseller LuxLexicon, expands presence in luxury segment The platform is looking to extend its gains in the luxury resale market, as it seeks to tap a market projected to reach US$7.5 billion…

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First money laundering accused to plead guilty jailed 13 months He pleaded guilty to two charges of money laundering involving assets of more than S$500,000. Another nine charges were taken into consideration in sentenci…

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Singapore owner, manager of Dali file petition to cap compensation at US$43.6 million in Baltimore bridge case Dali encountered power outages before hitting a pillar of the Francis Scott Key bridge in the US city of Balt…

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Hot stock: Isetan Singapore surges 147.5% on potential privatisation after resuming trade After rising more than S$4 at Tuesday’s market open, the counter is now trading close to Isetan Mitsukoshi’s S$7.20 per share priv…

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Start your day with BT ☕️: Stocks to watch: Isetan Singapore, Best World, UOB Top stories 1. Commodities: Singapore listcos offer opportunities for investors to ride the commodities wave 2. Companies: Japan’s Isetan Mits…

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PODCAST: It doesn’t occur to most of us to cover ourselves specifically for disability. But disability can strike at any time and any age. Find out how to protect yourself in the event of disability. This episode is brou…

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#BTExplains: What are Singapore Depository Receipts and how do they benefit investors? 5 new Singapore Depository Receipts which are linked to blue-chip companies in Thailand were listed on the Singapore Exchange on Mond…

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Japan’s Isetan Mitsukoshi looks to take Isetan Singapore private The scheme consideration of S$7.20 per share implies a 37.4 per cent premium over the counter’s highest closing market price in the past five years.

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What does hike in insurance coverage on bank deposits to $100,000 mean for you? For example, an individual has S$150,000 in aggregate (savings, fixed deposit and SRS) with Bank A, which failed. The individual will get ba…

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#BTOpinion: Smaller down payment for BTO flats should not be the motivation for students to buy If you are just thinking about buying a house after this lowering of down payment for BTO flats was announced, you might not…

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UOB slashes One savings account interest rates from May 1 For account balances between S$30,000 and S$100,000, the revised tiered bonus interest rates will range from 3 to 4.5 per cent, as opposed to the current 3.85 to…

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HDB resale prices rise at a faster 1.7% pace in Q1: flash data Resale prices have shown signs of stabilising, noting the 4.9 per cent gain in 2023, compared with the 10.4 per cent increase in 2022 and the 12.7 per cent i…

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MAS launches centralised digital platform against money laundering, terrorism financing Using the platform, participating FIs may share customer information with another participant FI if the customer’s profile or behavi…

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Eight S-Reits among Singapore’s top retail net buy stocks in Q1 Looking across the entire Singapore market, S-Reits was the most represented sector among the top 20 retail net buy stocks.

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Start your day with BT ☕️: Stocks to watch: Keppel, KIT, Keppel Reit, Sembcorp, ComfortDelGro, Hatten Land Top stories 1. Foreign Investment: Singapore’s tax incentives remain relevant even with global tax changes: EDB c…

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