The Business Times

Data protection guidelines on NRIC numbers will be updated after public consultation: PDPC Organisations collecting NRIC data must still obtain valid consent and comply with reasonable use and ensure protection.

Donald Trump is Time magazine’s Person of the Year The club includes the last three two-term presidents: Bill Clinton, George W Bush and Barack Obama.

#BTOpinion: Which economy did best in 2024? Comparing the GDP, stock market performance, core inflation, unemployment and government deficits – for 37 mostly rich countries.

#BTLuxe: A shiny Rolex Christmas From platinum to diamonds and Oystersteel, there’s something to brighten up every wrist this festive season.

South Korean lawmakers impeach Yoon over failed martial law bid Out of 300 lawmakers, 204 voted to impeach the president on allegations of insurrection while 85 voted against.

Alternatives to pay rises becoming increasingly viable Of the 1,916 workers in Singapore polled, 71% identified salary as the most important factor in a job, compared with 55% among employees globally. How are job prospe…

Allianz scraps proposed acquisition of Singapore’s Income Insurance: source This is because of public opposition to the deal, says a source.

#BTLifestyle: Pizza and cocktails at Anto The new Jiak Chuan eatery serves up pizza every which way, with little variety on the menu.

Construction sector fatalities trebled in second half of 2024: MOM Ministry of Manpower points to sense of complacency as incidents were caused by lack of basic safety measures.

NRIC should not be treated as sensitive unique identifiers: MDDI NRIC numbers should not be treated as sensitive information, and instead be viewed as full names currently are, a Ministry of Digital Development and Infor…

Covid-19 a boost for claw machine operators Unable to travel, more people played claw games during the pandemic, lifting up sales.

Job prospects 2025: Stable with a chance of shifting demands Workers should always be worried about job prospects, says a career coach. “Nobody’s job is guaranteed, hence workers need to stay sharp, skilled and well-netw…

#Brunch: A tale of two cities: Lessons from a US tech hub as Singapore revs up digital economy ambitions With higher operating costs putting Singapore at a disadvantage against its South-east Asian peers, can the garden…

Climate Impact X to offer contracts to airlines looking to offset carbon emissions The first phase of the offsetting scheme requires airlines to offset any carbon emissions above 85% of 2019 levels to stabilise the secto…

'Capital can’t sit still': VC's funding winter could thaw after 'disappointing' year Venture capitalists are optimistic about 2025, with many predicting more fundraising activity for startups and funds alike. “(They) wil…

OCBC sets up teams to help regional SMEs make foray into Johor-Singapore SEZ The incentives being offered to companies to move there are still unclear, but the bank is optimistic.

From fund access to matchmaking, ex-F1 champ Nico Rosberg looks to drive value for investors and startups His firm’s investment strategy provides access to top US venture capital funds for limited partners to invest into…

Four North Bridge Road shophouses up for sale at S$37 million guide price They are located about 100 m from Sultan Mosque, and are within a 10-minute walk to Bugis MRT interchange and Lavender MRT station.

5 Asian business titans who died in 2024, and created giant legacies From banking to retail, we look at their legacies and the impact these colossal titans left on the business world.

Legal pressures in Vietnam may push Temu to mull a pivot, compete directly with Shopee The shopping platform may have to include more Vietnam-registered businesses instead of relying only on a direct-from-China supply ch…

Auditor-flagged Singapore Institute of Advanced Medicine sets up strategic review panel The panel will look into improving its performance amid a slower ramp-up in proton beam therapy as a form of cancer treatment.

Stocks to watch: Keppel DC Reit, Singapore Institute of Advanced Medicine Keppel DC Reit's manager says its non-renounceable preferential offering is about 159.9% subscribed; Singapore Institute of Advanced Medicine is l…

Start your day with BT ☕️: 1. Tech: Venture capitalists eye exits to improve sentiment in 2025 as funding winter shows signs of easing 2. Companies: OCBC sets up teams to help regional SMEs make foray into Johor-Singapor…

[JUST IN] Doctor Anywhere lays off 8.1% of workforce across Singapore and South-east Asia to become "more self-sustainable" In a company-wide e-mail, CEO Lim Wai Mun apologised to affected employees and said that the com…

Temasek leads US$210 million fund-raising round for India start-up Rebel Foods ahead of planned IPO The Mumbai-based company is now valued at US$1.4 billion.

Indonesia’s billionaire boom: record wealth, new entrants and rising fortunes Hartono brothers lead with US$50.3 billion, followed by petrochemicals and energy tycoon Prajogo Pangestu, coal magnate Low Tuck Kwong, the Wi…

Indonesian 3PLs say Shopee antitrust fix falls short, urge action Shopee even faced allegations of monopolistic behaviour in the country, being accused of prioritising its logistics service SPX Express over 3PL players o…

New Zealand plans ‘golden visa’ changes to lure wealthy migrants Under current settings, applicants for the visa must commit to at least NZ$5 million of direct investment or NZ$15 million of passive investment such as in…

#BTOpinion: Will Singapore’s ‘novel food’ dreams be ultra-processed? In recent years, warnings about the health risks of UPFs have grown increasingly widespread, even if scientists are not clear what exactly makes them b…

Stability, rich talent pool in South-east Asia drive double-digit growth for Citi across inter-Asean trade corridors Governments in the region are welcoming of supply chain shifts, says the bank’s co-head of corporate ba…