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The Business Times

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South-east Asia's leading financial news site.

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SIA staff to get 7.45 months of bonus for FY2025

SIA staff to get 7.45 months of bonus for FY2025 It is marginally lower than the 7.94 months for FY2024, but higher than the 6.65 months for FY2023. SIA posts 65% rise in net profit to S$2 billion for H2 FY2025 on non-cash gain:

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18572 публікацій

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Singtel, KepCorp selling stakes in JV to Telechoice unit Each seller will pocket S$625,000 from the sale. Before the divestment, Radiance Communications will distribute dividends and return capital of about S$2 million e…

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Boeing says 141 jet orders in limbo amid war in Ukraine Boeing said the accounting adjustment included 141 aircraft removed from its backlog due to the war in Ukraine. Most of the orders now in question were for Russian…

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Singapore's Zilingo is said to suspend CEO amid investigation The company, which supplies technology to apparel merchants and factories, had been trying to raise US$150 million to US$200 million with help from Goldman Sa…

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How attractive is Singapore property on a global stage? Two analysts at Knight Frank predict that despite our cooling measures, Singapore will remain one of the world's most attractive cities for businesses and investors…

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China nudges listed firms, investors to buy stocks to stabilise market The government will also facilitate corporate financing in Covid-hit areas and urge state shareholders of listed firms to actively buy undervalued st…

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Airports clogged with queues as travel rebound strains resources Passengers checking in at Sydney Airport this week have waited for hours in queues snaking outside terminals. Staff absences are running as high as 50 per…

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Opec tells EU that Russia oil crisis is beyond its control Russian oil supply losses stemming from current and future sanctions or a boycott by customers could potentially exceed 7 million barrels a day, Opec chief Moham…

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Singapore and Chongqing deepen collaboration in financial services, healthcare and other sectors Some 30 MOUs were signed at the 7th Joint Implementation Committee meeting for the China-Singapore (Chongqing) Demonstratio…

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Shorter leases for commercial land unlikely to depress CBD Grade A office rents This according to property analysts who spoke to BT, in response to URA exploring rolling out more commercial sites with shorter-term leases…

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Govt lays out more detailed plans for Keppel Club site, with 6k public housing flats in mind The first build-to-order (BTO) HDB flats on the Keppel Club site, which are expected to be highly sought after, are slated to l…

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EY acquires Australia business consultancy company Blackdot As for its employees, 64 Blackdot staff will join EY globally, of which a team will join EY's consulting services in Singapore. On the addition to the Singapore…

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The surprising joy and liberation of knowing your career limits After one's early 40s, our careers tend to stagnate, and our salaries begin to fall. How can we escape the 'death trap' of our professional decline? In BT's…

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Mountbatten Road conservation bungalow up for sale with S$27m guide price The property, first built in the 1920s, is 1 of 15 conservation bungalows along the Mountbatten Road Conservation Area and offers prospective buye…

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Condo resale volumes rebound, up 35.6% in March: SRX, 99.co All regions experienced price gains compared with the year-ago period, and the most expensive resale condo resold in the month was S$13.6 million for a unit at…

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Cut coal loose, climate advocates tell banks A recent report by Singapore-based ESG risk and strategy consulting firm Area Research & Engagement (ARE) shows that most banks in Asia still have not quit coal. Even for thos…

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Indonesia coal miners likely to gain from rising prices, supply disruptions Indonesia's coal production will likely grow on improving weather from the second quarter, thus addressing current coal shortages. However, a DB…

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MAS may opt for aggressive tightening to tame inflation in April meeting Economists whom The Business Times reached out to unanimously agreed a further tightening is on the cards in the central bank's monetary policy sta…

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New home sales up in March, expected to stay buoyant in coming months Last month, the top-performing project including ECs by sales volume was Normanton Park, which sold 84 units at a median price of S$1,885 psf. This wa…

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Sentosa-Brani Master Plan to be refreshed amid pandemic as project's first milestone hits delay BT has learnt that a S$90 million linkway between the island's southern beaches and Resorts World Sentosa is now expected to…

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PODCAST: How did the sponsor of Mapletree Commercial Trust and Mapletree North Asia Commercial Trust save their proposed merger? Senior Correspondent Ben Paul gives his take and offers investment views on the two Reits i…

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#BTOpinion: Wild ride by US-listed China stocks: Reasons go beyond delisting concerns In this week's #Mark2Market column, BT's Ben Paul cautions investors against attributing the recent turmoil in Chinese stocks entirely…

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Singapore reopening to put wind in sails of real estate investment Analysts say that Singapore remains an appealing destination in the Asia-Pacific for investors on the back of its safe haven status and pro-business envi…

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