The Business Times

Vistara-Air India merger won’t yield instant profits but could benefit SIA in the long haul: analysts The combined Vistara and Air India – should a merger take place – would be in a better position to wrest more share fr…

#Brunch: Qatar primed for the Beautiful Game The Fifa World Cup 2022 is upon us, and it will be a month of sleepless nights for football fans in Singapore and the rest of Asia, as 32 nations battle it out to be crowned t…

No economy has hope of being self-sufficient; trade flows should stay free and open: PM Lee at Apec He said geopolitical tensions, inflation and supply chain disruptions pose new risks, while lower-income households and…

📽 The FTX collapse is leaving investors jittery over crypto contagion - could FTX woes bring on another crypto freeze resembling Terra-Luna? Here's a look back at that crash which wiped out billions in value practically…

#BTOpinion: Hong Kong and Singapore: What it takes to be a leading crypto hub While Hong Kong may have loosened some regulations on retail crypto, Singapore has instead tightened these regulations and chosen to focus on…

Golden Mile Tower’s S$650m en bloc tender launched The imminent sale of the 99-year leasehold commercial development, which could lead to further revitalisation in the area, has garnered a lot of interest.

Bankrupt FTX’s new CEO outlines fund abuses, untrustworthy records “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information,” said Joh…

Singapore exports may fall further; weigh on GDP: analysts Key exports will continue to decline in Q4 2022 and throughout the first half of 2023, as external demand weakens, especially for electronics, say economists.

Asia-Pacific shouldn’t be arena for ‘big power contest’, Xi says “The Asia-Pacific is no one’s backyard and should not become an arena for big power contest,” Xi said. “No attempt to wage a new cold war will ever be allo…

Lee and China’s Xi meet in Bangkok, reaffirm close ties The two leaders said Singapore and China have continued to strengthen cooperation, even amid the Covid-19 pandemic and evolving global challenges.

What's happening with Hyflux? Here's the latest developments of the troubled water treatment firm and its former CEO. 1. Former Hyflux CEO, CFO, independent directors charged 2. Hyflux lawsuits against Olivia Lum, KPMG p…

Big Tech, big layoffs – the tally so far Here's some of the biggest companies that have taken the tough decision to downsize.

Hyflux lawsuits against Olivia Lum, KPMG proceeding Besides the criminal charges, she is also being sued by the liquidators and the Hyflux group, and is represented by Davinder Singh Chambers.

FTX collapse reinforces need for regulation against crypto speculation: Lawrence Wong “We are open to digital innovation and digital asset innovation, but we are not open to crypto speculation at all," said Deputy Prime…

Singapore firm Legend Logistics weighs S$200m IPO, ending listing drought This would be the biggest offering in Singapore since Digital Core Reit Management raised US$647 million in an IPO in November 2021.

#BTOpinion: S-Reits’ Q3 results a preview of the potential horror show at the next earnings season With the full impact of the interest rate hikes not yet included into the S-Reits’ cost of debt, and interest rates likel…

Bankman-Fried tells his side of the story of FTX collapse in tweets “We got overconfident and careless.”

HDB to launch 9,500 BTO flats on Nov 23; 3 projects under prime housing model Two BTO projects- Ulu Pandan Banks and Ghim Moh Natura - are in the mature estate of Queenstown. The third is Kallang Horizon in Kallang Whamp…

Former Hyflux CEO, CFO, independent directors charged Former Hyflux chief executive Olivia Lum was charged with three counts for failing to disclose information pertaining to Tuaspring Integrated Water and Power Project.

No direct exposure to cryptocurrencies; says Temasek Temasek admitted that their belief in the actions, judgement and leadership of FTX founder, Sam Bankman-Fried appear to have been misplaced. “We recognise that while o…

S-Reits’ Q3 results mixed as higher financing costs, currency headwinds dampen distribution growth Of the 34 S-Reits that reported gross revenue figures for the quarter, 28 saw an improvement – mostly on the back of a gl…

Surprise 5.6% fall in Singapore exports in October; first decline in two years October’s fall was significantly larger than the 1.7% decline forecast by economists, and also reversed from the previous month’s 3.1% growth…

Sea seeking replacement tenant for its 200,000 sq ft of space in Buona Vista The move is a result of aggressive planning, excessive spending and furious hiring over the last three years - and these decisions are now bein…

Grab’s Q3 net loss narrows to US$327m as revenue more than doubles Revenue grew 143% to US$382 million in Q3, lifted by a doubling in mobility revenue and 250% growth in deliveries’ revenue year on year.

Singapore’s Temasek to write down over US$200m in FTX Temasek invested between US$200 million and US$300 million into cryptocurrency firm FTX before its implosion, according to people familiar with the matter.

G20 pledges to calibrate pace of interest rate hikes, limit spillovers In a joint declaration, world leaders also express their resolve to limit the rise in global temperatures to 1.5 deg C

Progressive wages should promote productivity, career progression: MOM, SNEF Rather than give a “free wage rise”, businesses can consider building on their employees’ skills and redeploying them to tap their talents, say…