The Business Times

Over half of SkillsFuture Career Transition trainees land jobs within six months The number of individuals enrolling in the programme has grown six times in the first year of implementation.

Singapore six-month T-bill cut-off yield rises to 1.44%, after falling for 13 consecutive issuances This was an increase from the 1.38% offered in the previous six-month auction that closed on Sep 11.

Cost-of-living fears need data backing for government to give more support: Indranee The government is monitoring economic conditions and will adjust cost-of-living support as needed, she reiterates.

NTUC calls for companies to be ‘transparent and fair’ in AI adoption, share gains with workers “Our support must be anchored in a shared commitment to the welfare of our worker. We treasure our duty as our workers’ keepe…

Massive Bangkok sinkhole swallows cars, prompts evacuation A massive sinkhole, measuring about 20 metres deep and at least 30 metres wide, swallowed cars and power poles, forcing nearby residents to evacuate although no…

Centurion Accommodation Reit’s offer of 262.1 million units oversubscribed by 16.6 times Its Singapore public offering of 13.2 million units was oversubscribed by 30.9 times.

Singtel summoned by Australia as penalty from fatal outage looms Australian Communications Minister Anika Wells summoned Singtel to a meeting following a fatal outage at its Optus division, warning the blunder was likely…

Start your day with BT ☕️: Stocks to watch: OCBC, Singtel, F&N, Centurion Accommodation Reit, Prime US Reit Top Stories: 1. Companies: New Next 50 Indices help shape investment decisions, but could take time to gain trac…

Singtel’s Optus fined A$100 million for ‘appalling’ actions against disadvantaged consumers The telco sold phones and contracts to over 400 such consumers, including those with mental disabilities and learning difficulti…

Keong Saik Bakery to exit Jewel Changi ‘earlier than planned’, will close Oct 23 High visitor numbers do not always translate to strong sales, says founder Tan Yuzhong. “Even in places filled with bustling footfall, true…

Rupiah rides surge in Asean cross-border trade using local currencies The rupiah, ringgit and baht are gradually gaining ground as choice currencies in cross-border trade deals across South-east Asia.

Singapore must prepare for ‘more churn’, as company failures are part of ecosystem renewal: PM Wong The renewal process will be “uncomfortable, even unsettling”, he said. “But it is necessary to create new value, and ult…

Paya Lebar Green put up for sale at nearly S$600 million, after securing Visa as anchor tenant The two biggest occupiers, Visa and Certis, are blue-chip names and together account for more than 80% of the property’s net…

90% of HDB-let shop rents unchanged in past 5 years; government aware of ‘steep increase’ in privately owned shop rents Average rents for HDB-let shops rose by between 1.3 and 3.3% annually over the last three years.

Vers should not create a lottery effect or become a wealth generating programme: Chee Hong Tat MND is studying details such as the voting process for the scheme and how to support residents across various demographics wi…

Singapore dollar-backed XSGD stablecoin to launch on Coinbase on Sep 30 Coinbase users in Singapore will gain access to the first Singapore dollar-backed stablecoin from next week.

Trump tells UN that climate change is ‘greatest con job’ globally “All of these predictions made by the United Nations and many others, often for bad reasons, were wrong. They were made by stupid people that have cost th…

Can we stop talking about T-bills now? While T-bill yields have been falling, the Singapore equities market has been booming, says BT’s deputy news editor Jude Chan.

Start your day with BT ☕️: Stocks to watch: Seatrium, Food Empire, Frasers Property, Frasers Centrepoint Trust Top Stories: 1. Singapore: MPs call for extension of co-funded wage increases for lower-income workers, CPF t…

About 60% of 7,200 applications for Jobseeker Support Scheme rejected so far Applicants were not involuntarily unemployed, earned above the threshold or had not worked at least six months in the past year – these were th…

October launch of 870-unit Berlayar BTO to kick-start Greater Southern Waterfront revamp The new housing estate on the former Keppel Club site will offer 7,000 BTO flats and 3,000 private homes.

Concerns rise over private credit’s ‘true’ default rate amid market stress Temasek has set up its own private credit platform, in a sign of rising activity and interest in private credit. But concern is also rising over…

Expanding access to global talent among four moves to grow Singapore’s economy: Koh Poh Koon “Singapore must continue working with and learning from the best, from around the world,” said Senior Minister of State for Man…

Beyond economic growth or policies, Singapore needs ‘the right politics’: Ong Ye Kung “Without the right politics, our society will be broken, and no amount of economic growth or government programmes will be able to put…

NLB chief Ng Cher Pong to take over as IMDA CEO Prior to his current appointment at NLB, Ng was the founding chief executive of SkillsFuture Singapore from 2016 to 2019 and concurrently deputy secretary (SkillsFuture) in…

DBS aims for S$2 billion in multi-family office assets under management DBS sees more ultra-high-net-worth families committed to using their wealth as a “force for good.”

Graduate traineeship scheme offers ‘limited number’ of quality roles, distinct from Covid-era move: Tan See Leng Limiting the number of opportunities under the GRIT scheme “helps to safeguard the quality of traineeships…

Singapore’s core inflation slows to 0.3% in August, below expectations MAS and MTI maintained their forecasts but noted that the outlook remains uncertain.