The Business Times

[JUST IN] Mapletree Commercial Trust, Mapletree North Asia Commercial Trust propose merger If it goes through, the merged entity, to be named Mapletree Pan Asia Commercial Trust (MPACT), will have a theoretical market ca…

Top 10 news events that made headlines in Singapore in 2021 It's New Year's Eve — where on earth did this year fly to? Take a quick glimpse down 2021 with The Business Times, as we bring you through the top 10 news event…

Utracon makes effort to reduce carbon emissions Khoo Jyh Hao fascination for bridges is what led him to his first job at Utracon Overseas. Now as the director, he hopes the company's efforts on construction sustainabilit…

KinderWorld forges ahead with grit and perseverance Its founders never gave up despite facing many setbacks, and today, it has grown to be the largest owner of foreign owned international schools in Vietnam. bt.sg/JwjU

Samsung, Micron warn Xi'an lockdown could affect memory chip manufacturing The two firms are among the world's largest memory chipmakers. Micron said the stringent restrictions in Xi'an have resulted in thinner staffing…

#BTOpinion: Does the recent plunge in Sea's share price present a buying opportunity? In today's #HockLockSiew, BT's Raphael Lim digs into why Sea's stock is currently down more than 40 per cent from its mid-October high…

Hong Kong's last major pro-democracy news outlet shuts The move came hours after more than 200 police raided the outlet's newsroom, froze some HK$61 million (S$10.6 million) of assets and arrested 7 people connected to i…

Singapore's electricity, gas tariffs to rise in Q1 2022 The electricity tariff for households will increase to S$0.2544 per kWh from S$0.2411 previously, which translates to an average monthly electricity bill hike of S$…

Data centre, logistics boom could further whet investor appetite Fast-growth markets in South-east Asia, China and India could woo further interest, "especially as asset owners look further afield to find attractively pr…

Bukalapak CEO Rachmat Kaimuddin resigns, interim appointed The Indonesian unicorn said it received Kaimuddin's resignation letter on Tuesday (Dec 28) after two years with the company. It was reported that he has taken a…

Chinese professor lands US$3.4b fortune with SenseTime IPO SenseTime founder Tang Xiao'ou, 53, a Massachusetts Institute of Technology graduate and information engineering professor at the Chinese University of Hong Kong…

Alibaba exploring options for Weibo stake with state firm The discussions between the technology giant and Shanghai Media Group could lead to the latter purchasing all of Alibaba's stake in Weibo, the people said, asking…

World hits record number of Covid cases in a week; more than 935,000 cases each day With 6,550,000 cases recorded between 22 December and 28 December — or an average of 935,863 a day — the virus is spreading at unprecede…

Finance Minister Lawrence Wong to deliver Singapore Budget on Feb 18 This will be the first time Wong is delivering the Budget statement in Parliament as Finance Minister. Details:

China warns of 'drastic measures' if Taiwan provokes on independence China was willing to try its utmost to seek peaceful reunification with Taiwan but would act if any red lines on independence were crossed, Ma Xiaoguan…

Maritime sector gets extended support amid prevailing travel restrictions, border control measures The latest extension of the MaritimeSG Together Package will provide continued support for the regional ferry services se…

Thailand warns of spike in Covid-19 cases after 'super-spreader' event The Omicron cluster identified in the northeastern province of Kalasin on Christmas eve has been linked to a couple who had travelled from Belgium an…

Singapore, China ink 14 pacts to step up cooperation, including an ETF product link The meeting reviewed bilateral cooperation areas such as the Belt and Road Initiative (BRI), trade, finance, sustainability, innovation…

Transforming to adapt to an uncertain business environment BT speaks to Elmich, Ademco Security Group, and Omni-Plus Systems - winners of the Enterprise Transformation Award in the annual Enterprise 50 awards for 2018, 2…

Adaptation and innovation key to staying ahead for Oilfield The Enterprise Transformation award winner rode the recent digitalisation wave to become more resilient to disruptions. bt.sg/JUHR

“It is by standing up for the rights of girls and women that we truly measure up as men.” — Desmond Tutu, South African cleric and theologian, 7 Oct 1931 - 26 Dec 2021 Why do fewer women invest when they are better at it…

#BTGarage: Chinese tech giants on talent poaching spree in Singapore Salaries at ByteDance for fresh grads in junior tech roles can range from S$6 - 7,000, for instance, while Chinese fintech and crypto players are offer…

Koufu founders make S$0.77 per share cash offer to privatise company The offer, made by an investment company incorporated by Koufu CEO Pang Lim and executive director Ng Hoon Tien, values the food court operator at S$42…

BT’s Top Stories from Last Week: 1. Pansy Ho's Shun Tak walks away from S$556m High Point deal amid latest property cooling measures bt.sg/oy8o 2. Ng Yu Zhi allegedly splashed over S$100m on supercars, watches, property;…

Moderna sheds US$98b in value as stock slumps 50% from peak But shares of the Cambridge, Massachusetts-based company are still up 131 per cent on the year, and continues to be one of the S&P 500's top performers this yea…

Apple aims to prevent engineer defections to Meta with rare US$180,000 bonuses: sources The bonuses, which came as a surprise to those who received them, have ranged from about US$50,000 to as much as US$180,000 in some…

Data centres, 5G and technology are possible re-ratings catalysts for telcos Telcos both at home and abroad appear to be diversifying more aggressively into other market segments, such as their enterprise and data centre…

Keeping buildings cool in a warming climate After a building is designed well, it also needs to be cooled effectively and efficiently. Kaer, which provides cooling-as-a-service, believes the key lies in leveraging custom…

#BTOpinion: Developers, en-bloc hopefuls will need to meet in the middle in the wake of cooling measures In today’s #HockLockSiew, BT’s Nisha Ramchandani notes that Singapore’s residential sales market is starting to fee…