The Business Times

Latest Singapore 6-month T-bill cut-off yield falls to 3.65% This is down from the 3.7% offered in the previous six-month auction.

Singapore’s inflation meets economists’ expectations in April, remains unchanged from March April’s headline inflation remained unchanged from the 2.7% recorded in March.

Seventh money launderer jailed for 15 months, forfeits S$22 million of assets Between S$5.9 million and S$180 million in assets, or a total of nearly S$542 million, have been forfeited by the six accused persons who plea…

Up to 20,000 homes planned for new Turf City estate in prime Bukit Timah About 15,000 to 20,000 homes are in the pipeline for a new housing estate on the Turf City site, which will include the first public housing in Buk…

Some home buyers facing ‘99-to-1’ ABSD probes blaming it on advice from real estate agents One such buyer, who now faces a few hundred thousand dollars in Additional Buyer’s Stamp Duty (ABSD) payment and surcharges, told…

Start your day with BT ☕️: Stocks to watch: SIA, Singtel, Sembcorp, Seatrium, Cromwell E-Reit, Sabana Reit Top stories 1. Companies: Singtel sinks into the red with S$1.3 billion loss for H2 on exceptional items 2. Compa…

Singapore keeps 2024 growth forecast at 1-3%; no revision to Q1 growth This comes as GDP for the first quarter came in at 2.7%, no change from April’s advance estimate.

Analysts predict limited impact on SIA brand following turbulence tragedy “While tragic, this incident should have less implication on SIA’s brand than an accident resulting from human error or faulty equipment,” said an…

Indonesia exports of ‘white gold’ soar on China’s hefty appetite for bird’s nests As more Indonesian companies look to tap into China’s surging demand for bird’s nests, this is set to revitalise its economy.

Tick-tock: Cordlife’s fate on the line While Cordlife appears to have taken corrective steps to strengthen its processes, there are signs that MOH’s patience may be running thin.

Shell exits Singapore: The end of an era? Will Singapore’s role as Asia’s premier oil business hub be compromised by its carbon tax?

SIA relief flight with passengers and crew members of SQ321 arrives in Singapore Another 79 passengers and six crew members from SQ321 remain in Bangkok, SIA says.

CDL posts S$736.8 million Q1 sales revenue in Singapore property development It is ‘cautiously optimistic’ that business conditions will improve as interest rates stabilise.

DBS takes part in S$286 million blended-finance project in Indonesia The total project, estimated to cost around 3.4 trillion Indonesian rupiah (S$285.8 million), marks the first time a mix of public- and private-sector…

#BTOpinion: Lendlease Reit could divest Jem office tower but still ride Jurong growth story with mall But with its portfolio mainly comprising just three properties, the Reit manager would have to carefully consider the…

PropertyGuru Q1 loss narrows to S$6.3 million It sinks back into the red after making two quarters of positive earnings.

Singapore private homes maintain lead as priciest to own in Asia-Pacific: report In contrast, Hong Kong recorded a drop in home prices due to a net outflow of its population.

SMEs get subsidised rates for Microsoft AI tool under MOU with EnterpriseSG, IMDA Those that need more customised AI solutions can be connected with institutes of higher learning under a new Applied AI programme.

Genting Singapore expected to stand firm amid regional casino competition The integrated resort operator posted positive earnings growth for Q1 following tourism boost, mirroring peer Marina Bay Sands.

Hot stock: OUE up 13.3% on share buyback offer Each shareholder is entitled to sell 10% of their total owned shares at S$1.25 apiece.

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Start your day with BT ☕️: Stocks to watch: SIA, CapitaLand Ascendas Reit, TSH Resources, OUE, Cordlife Top stories 1. Property: Far East Shopping Centre gets offer of under S$900 million for collective sale, below guide…

MAS issues 5-year prohibition order against ex-DBS representative for dishonest conduct This comes after he was previously convicted for intentionally obstructing the course of justice.

Singapore Airlines and Garuda Indonesia to partner on frequent flyer miles The airlines said this marks a “significant step” towards plans for a proposed commercial joint venture arrangement that covers Garuda Indonesia…

AstraZeneca to build US$1.5 billion manufacturing plant in Singapore Design and construction of the facility is slated to commence by end-2024.

#BTOpinion: Suburban malls need to watch out for ageing population, lure of shopping across the Causeway Suburban mall owners, operators and would-be investors should be mindful of chinks in the armour of what has been a…

Solar energy could solve global water crisis: Elon Musk Battery costs to store renewable energy have plummeted over the past five years, which potentially makes solar energy a cost-effective and efficient clean energy so…