The Business Times

Founder of collapsed Singapore oil trader Zenrock charged with S$147m fraud Zenrock was placed into judicial management in May 2020 with debts of more than US$600 million. It was one of many high-profile traders to colla…

BT’s first original video series, Generation Hustle, explores how young working adults pursue their careers and their outlook on money, work and growth. Episode 3 is out now, watch it here.

Japanese former prime minister Abe has died: NHK Abe, 67, had been delivering a speech near a train station in Nara when he was shot by an assailant. He was Japan’s longest-serving prime minister. bt.sg/Ub2p

The electric car market is about to get crazy and confusing For carmakers, the electric race is existential; for customers, however, it's bewildering. bt.sg/Ub8Z

Former Japan PM Abe unconscious after shooting Abe, 67, was apparently shot in the chest, national broadcaster NHK said, adding a man had been apprehended at the scene. bt.sg/Ub8w

Amazon said to have inked lease for 369,000 sq ft at IOI Central Boulevard Towers Talk in the market is that Amazon may be paying a gross effective monthly rental of around S$10 psf. IOI Properties is said to be targetin…

Tycoon whose bet broke the nickel market walks away a billionaire Nicknamed 'Big Shot', Xiang Guangda extricated himself from a short squeeze that rocked the global metals markets and is poised to walk away from the fias…

💰 Building a career and life from scratch as an expat in Singapore | Gen Hustle Dutch business designer, Felix Mollinga journeyed halfway across the world to seek new experiences as an exchange student in Lasalle. Fast…

Drop in funding is a warning to startups The numbers are stark. Investments in US tech startups plunged 23% over the past three months, to US$62.3 billion, the steepest fall since 2019, according to figures released by P…

Singapore unemployment rate flat at 2.2% in May, likelihood of downturn ‘low’ Among the 72,300 residents unemployed in May, 64,700 were citizens, said MOM. bt.sg/UbwU

HDB resale prices log 24th month of increase; June prices up 11.4% from a year ago The most expensive HDB flat resold was a 5-room DBSS unit at Natura Loft, which cost S$1.31 million. An executive apartment unit in Yishu…

Large GLS residential sites may help tame land prices, but also heighten risks for developers What was the government’s intention when it decided to inject two large sites in the GLS confirmed list, where sites are relea…

5 Questions with venture builder Li Jianggan In this latest edition of #5Questions, Momentum Works' founder and CEO Li Jianggan talks about the venture builder's journey and how his early days in ridehailing and food del…

More pain on the way after COEs cross S$100,000 Strong car demand has pushed up premiums, but consumers should be more wary of a tight supply. Analyse historical COE data with The Business Times interactive tool: bt.sg/c…

BT’s Top Stories from Last Week 1. Malaysia’s economic recovery stymied by top talent flight to Singapore 2. Singapore Savings Bond 10-year average return rises to 2.71%, the highest since 2015 3. JB property owners halt…

What is it really like as an expat in Singapore? Felix Mollinga took the plunge and found his first job here after a university exchange programme. Five years on, he looks back on his journey and shares why he chose Sing…

GuocoLand’s Midtown Modern introduces ‘Sky-Bungalows’ at S$15.5m to S$17m each Each of the six Sky-Bungalows is 3,616 sq ft in size, comes with five bedrooms and offers panoramic views of the city. bt.sg/ULrK

ABSD (Trust) not intended to be a wealth tax: Chee Hong Tat ABSD (Trust) and ACD (Trust) would also apply to instruments created outside the country, but involving properties in Singapore and with transfers received in S…

Ultra-rich families – the faceless force in startup funding From Indonesia’s Riady family to Facebook co-founder Eduardo Saverin’s EE Capital, a private wealth boom in Asia has made family offices an important source of…

PODCAST: Are currencies the way to hedge against inflation? Although forex trading carries a high level of risk that may not be suitable for all investors, currencies appear to be investors’ avenue to hedge against infla…

MAS considering tighter regulations on crypto platforms 'These may include placing limits on retail participation and rules on the use of leverage when transacting in cryptocurrencies.' bt.sg/ULLX

Time for Singapore Savings Bonds to reach a larger audience Given the rising interest rate environment, it is time that more local investors gained a deeper understanding of this fixed income instrument. bt.sg/ULLn

Singapore rules out pump price caps amid rising fuel costs ‘The government’s approach is to ensure that we have a competitive fuel retail market.’ bt.sg/UL6m

Singapore retail sales up by 17.8% in May on year-ago low base On a monthly, seasonally adjusted basis, retail sales were up by 1.8% to S$3.9 billion, with online transactions making up about 12% of sales. bt.sg/UL8N

H1 property investment sales double to S$20.2b from year ago: Knight Frank Private deals accounted for 76% of this quarter’s transactions, with the commercial sector taking the lead in driving much of Q2’s string of deal…

‘Skills currency’ must take precedence during hiring process: Chan Chun Sing He said this will allow companies to focus more on skills and competencies, rather than relying only on qualifications. bt.sg/UL7F

PODCAST: Our new weekly Market Focus series looks at the market drivers and movements in Singapore, the region and the globe. Hosted by podcast editor Claressa Monteiro, it features analysis from SGX and insights from Th…

PODCAST: Bond investors are avoiding Asia’s emerging markets as the region’s resilience to the global inflation threat shows signs of cracking. But there are still opportunities in the Asia IG bond space as correspondent…

#BTExplains: What are green sukuk investments? What exactly is green sukuk and how can one invest in it? We guide you through some key aspects. bt.sg/ULMP