The Business Times

Singapore Retailers Association calls for relaxed foreign worker quotas, levies in Budget 2025 It suggests reducing the foreign worker levy by 20 to 30% for service workers with at least the WSQ Certificate in Retail Ope…

With the onslaught of Chinese electric vehicles coming into Singapore, how will this shake up the market? Derryn Wong reports from the Singapore Motorshow 2025. #btpodcasts #transportbt #btcorrespondents 🎧 Listen here:

#BTLifestyle: Korean BBQ at Chungdam makes you feel at home While the food quality varies, the new Duxton Road restaurant appeals for its friendly service and easy-going vibe.

Hackers target Singapore baby brand’s Amazon Account, threatening US$78 million business The breach led to the suspension of KeaBabies’ Amazon seller account and a halt to daily sales of US$230,000.

Alfa Romeo and Jeep dealership in Singapore to close by June The two brands have each sold fewer than 25 units a year in the last three years.

Starbucks CEO made US$96 million in first four months on the job Brian Niccol, who joined Starbucks in early September, also got a US$5 million bonus after his one-month anniversary with the company.

Some self-storage operators may have to move out of current locations after JTC review on land use Self-storage companies can continue to operate on existing sites until leases expire; JTC will have further discussions o…

OCBC CEO Helen Wong meets Lee family members and other key Great Eastern shareholders holding out on offer She tried to persuade them to support OCBC’s attempt to buy up all the shares it doesn’t own in Great Eastern.

Crypto’s richest man CZ turns venture capital firm into giant family office A billionaire turning his business into a family office after a brush with authorities is not entirely without precedent.

Tiktok’s possible buyers, from Elon Musk to MrBeast “I have a warm spot for TikTok that I did not have originally,” Trump said while signing the order from the Oval Office.

Climate Impact X’s ex-CEO Mikkel Larsen dies at 50 The company says he was a sustainability pioneer, and an individual who sought to protect wildlife and push for animal rights and nature conservation.

Preventing stroke: A guide to lowering your risk and achieving a healthier life There are many things one can do to achieve a stroke-free life. Brought to you by Royal Healthcare bt.sg/5dKTr

JPMorgan boosts Jamie Dimon’s pay to US$39 million after record profit This comes as JPMorgan, the biggest US bank, beat its own record for the highest annual profit in the history of American banking.

Cross-border disputes are now more complex. Who can help businesses resolve them? BRANDED CONTENT: Emerging technologies are causing unique legal challenges in transnational disputes. bt.sg/ufMo

Grab contributed as much as 0.8% of Singapore GDP in 2023: report Grab added S$5.2 billion to Singapore’s economy.

Single women, rich millennials will fuel luxury real estate this year The world’s rich are on the move. It is anticipated that 135,000 high-net-worth individuals are migrating to new countries in 2025, up from 128,000 in…

#Brunch: CEO shortcut? These MBA graduates are looking to be their own bosses by buying SMEs Goh Aik Chuan, a 36-year-old former Uber operations manager, has launched Singapore’s first traditional search fund. His goal?…

Fewer residential completions, tight HDB resale supply seen propping up prices in 2025 The 6,974 resale flats expected to hit the market is the lowest in 11 years. HDB resale prices up 2.6% in Q4, taking full-year gain t…

📊 REITs results round-up 1. OUE Reit’s H2 DPU increases 8.7% to S$0.0113 2. MPACT Q3 DPU falls 9.1% to S$0.02 amid global headwinds 3. Keppel DC Reit posts 13.2% rise in H2 DPU to S$0.04902 4. ESR Reit posts 15.9% fall…

Office rents in Singapore’s central region fall 0.9% qoq in Q4 2024, flat for whole year: URA Islandwide vacancy rate drops to 10.6% as at end-Q4 from 11% as at end-Q3. 🏬 Singapore central retail rents edge up 0.6% in Q…

HDB resale prices up 2.6% in Q4, taking full-year gain to 9.7% Five-room flats in Bishan were the most expensive in the fourth quarter of 2024, with a median price of $970,000. 🏘 Singapore private home rents fell 1.9% i…

Start your day with BT ☕️: Stocks to watch: Mapletree Pan Asia Commercial Trust, Keppel DC Reit, Suntec Reit, ESR-Reit Top Stories: 1. Property: Fewer residential completions, tight HDB resale supply seen propping up pri…

MAS eases monetary policy settings, lowers 2025 core inflation forecast to between 1% and 2% This is after core inflation moderated ‘more quickly than expected’.

Cathay Pacific to cut profit payout to staff by around 50% It is only planning to distribute at least 4 weeks of eligible pay as part of its profit-sharing programme for 2024

Malaysia’s key economic hubs Penang, Kulim, Klang Valley poised to see rising activity from Johor-Singapore SEZ It is expected to create around 20,000 skilled jobs, with anticipation that these jobs could command higher…

As Integrated Shield insurers pursue profits, they must also uphold a social contract It benefits no one if changes cause people to give up coverage.

Singapore car portal UCars, set up by car dealers, is winding up 60 creditors are owed a total of around S$3.8 million; EGM on the voluntary closure slated for Feb 7

Unilever’s empire falters in Indonesia amid fierce competition, boycotts With the ongoing shifting consumer behavior, the consumer goods giant faces significant hurdles in reclaiming its position as a dominant force in t…

Worker protests plunge Indonesian unicorn eFishery into turmoil amid fraud allegations, revenue scandal Over 100 workers gathered to urge management and investors to address the accusations of revenue inflation and resol…

Cut-off yield on latest Singapore 1-year T-bill inches up to 2.95% This is up from 2.71% offered in the previous auction that closed in October last year.