The Business Times

Sea’s Shopee leaves Spain, third market exit this year This comes shortly after the company reportedly announced global layoffs primarily affecting ShopeePay and ShopeeFood, its digital wallet and food delivery businesse…

Weak Japanese yen’s safe haven status at risk, further depreciation might hit roadblocks from Tokyo As a net energy importer amid high energy prices, Japan also could expect its current account deficit to continue to wor…

Singapore-based Crypto.com cutting 260 jobs as market meltdown worries swirl Layoffs follow one after another, as signs of trouble keep cropping up for the once white-hot crypto industry. Crypto lending platform BlockFi…

#BTOpinion: Real estate may not hedge effectively against inflation In the latest #TheLevelGround, BT explains why the risk of recession, supply chain disruptions and tight labor market coalesce to make physical assets l…

How StanChart Asia CEO Benjamin Hung finds balance in era of information overload In the latest #TheStrategyRoom, Hung shares his plans for the bank, and how he cuts through the noise in a world of uncertainty and unpred…

PODCAST: A well-known loophole that allows major shareholders to take their companies private more easily is back in the spotlight with the current lowball offer for TTJ. Ben Paul explains what investors should do. #btpo…

The Big De-peg: If it looks like a Perpetual Motion Machine, run There’s a lot to learn from TerraUST’s collapse. The crypto winter is a good time for investors to hibernate in some peace and quiet, consolidating their l…

#BTOpinion: Sembmarine needs to offer its shareholders a grand gesture to garner support for merger In the latest #MarktoMarket, BT evaluates Sembmarine's standing and notes that investors may be more inclined to vote fo…

Crypto firm Celsius pauses all transfers and withdrawals between accounts “We are taking this necessary action ... in order to stabilise liquidity and operations while we take steps to preserve and protect assets,” the c…

Singaporeans shy away from skilled trades jobs, citing poor pay and prospects: poll Some 18 per cent believed that “there is a negative or unfavourable stigma associated with skilled trade jobs”, compared with 13 per cen…

Asian markets crash after US inflation hits 40-year high, Fed rate hike hangs in balance Risk aversion has picked up in Asia, while the slip in US consumer confidence levels is also sending shock waves of concerns around…

Wall Street's China problems multiply with warning on banker pay Don’t reward your top people too lavishly, Chinese regulators warned the banks this year in meetings in Shanghai and Beijing, or you might run afoul of the…

Entire floor at Suntec City Tower 2 sold for S$38.8m The 11,743.5 square foot unit was sold to a Singapore permanent resident of Chinese descent who “likes the well thought renovation for his immediate needs and the unbl…

Aircraft leasing companies expected to hike rental, adding to cost pressures for airlines But airlines may prefer to lease rather than buy planes as interest rates rise and the recovery in air travel remains uncertain.

Asia seeks to stay out of US-China crossfire Singapore’s Defence Minister Ng Eng Hen said “there would be few takers for a battle royale” between democracy and autocracy in Asia. Still, he said smaller nations needed to…

#BTOpinion: Can you make a living in the creator economy? Some opportunities can be lucrative. But most creators have to string together multiple sources of income.

#BTOpinion: Wisdom from the greats to help you weather equities’ swoon “The stock market is a device to transfer money from the impatient to the patient.” — Warren Buffett

Tackling employee burnout in The Great Reshuffle Employees want to be of value. Tasks like manually creating datasets or responding to emails are the top reasons for employee frustration, as they leave little time for mo…

#BTOpinion: Why do Reits chase scale? Large Reits enjoy ample economies of scale. Reits with ample capital reserves can better weather economic and policy headwinds than smaller Reits.

#BTLifestyle: 5 cars that beat high fuel prices If pump prices are making you wince, consider these cars that cost between S$2,135 and S$3,203 a year to feed.

#BTLifestyle: Elevated Asian cuisine at Pangium Malcolm Lee takes familiar Peranakan-inspired cooking into the fine-dining space, elevating the cuisine to the next level with nothing more than authenticity and soul.

#BTLifestyle: Technology through the decades A new exhibition reflects Singapore’s progress through the use of electronic gadgets.

#BTLifestyle: Waste not, want not As the repair economy gains traction worldwide, some Singapore companies hope to influence local consumers to follow suit.

Even with chicken export ban, Malaysia’s F&B players struggle with shortage and higher prices Desmond Chew, the owner of a chicken rice restaurant in Kuala Lumpur that sells kampung chicken, told BT that he has already l…

Indonesian family tipped to be in exclusive due diligence to buy 22 units at Draycott Eight The units are fully leased and their rental income is said to reflect roughly 2.5 per cent gross yield on a price of S$168 milli…

SGX securities turnover value falls 6% to S$28.6 billion in May SGX noted that smart electric vehicle player NIO Inc, which made its debut with a secondary listing on the mainboard last month, had an average daily turnov…

SportSG to take over Sports Hub ownership from Dec 9, terminates public-private partnership The cost to the government for terminating the PPP is comparable to continuing it until 2035. To continue with the partnership,…

Millennials far more likely to quit jobs than Gen Z, bosses say The departures have been fuelled in part by a pandemic-driven sense that life is too short to get stuck in an unsatisfying job.

#BRUNCH: When a colleague is grieving: Navigating bereavement in the workplace Rarely is it ‘business as usual’ when a colleague loses a loved one. Yet we often feel unsure how to thoughtfully handle grief in the workpla…