The Business Times

Restaurant Association of Singapore president wants dining-in cap raised to 8 "I must make this one respectful request, that it is perhaps timely to tap not on the brakes, but the accelerator, to increase the momentum of…

UN warns of soaring prices in 2022 due to freight rate spike "Global consumer prices will rise significantly in the year ahead until shipping supply chain disruptions are unblocked and port constraints and terminal ineff…

6 airlines to operate daily VTL flights between Singapore and KL from Nov 29 These flights, which will begin from Nov 29, will be serviced by AirAsia, Jetstar Asia, Malaysia Airlines, Malindo Air, Scoot and Singapore Air…

In major shift, Japan looking to accept more foreigners indefinitely According to a proposed revision to a 2019 labour law, its government is looking to allow "specified skilled workers" in 14 different sectors to remain…

ComfortDelGro secures S$30m contract to operate electric bus fleet for NUS shuttle service The NUS electric buses, which will begin operations from third quarter of 2022, will serve the 8 existing NUS shuttle bus routes…

foodpanda to add platform fee of S$0.29 from Nov 21 The company said the fee will be used to develop and upgrade features on its platform. This includes regular platform maintenance and increasing resources for foodpanda…

Pay growth to return to pre-Covid levels as economy recovers: consultants According to polls and surveys by recruitment firms, job hoppers could find themselves taking home 10 to 20 per cent more — or even a premium of a…

PM Lee on wealth taxes: "Taxing wealth in other forms is very hard to do. You know in principle you want to do it... It's not so easy to implement. So we will study this but we need to find a system of taxation which is…

Superwealthy revving up Bugatti and other exotic car sales in Singapore Wearnes Automotive sold 4 Bugattis after opening the doors to its Leng Kee Road showroom in August — for perspective, it took 5 years to move 19 uni…

Prime public housing subject to 6% clawback upon resale; 960 such flats in Rochor among 4,501 BTO flats launched Owners of these Rochor flats will pay 6 per cent of the resale price or valuation, whichever is higher, to…

Government will not focus on taxing individuals based on their net wealth: Lawrence Wong "Whatever enhancements we do, we want to make sure that it doesn't undermine our competitiveness and the tax can be efficiently col…

BT’s Top Stories from Last Week: 1. Singapore-Malaysia VTL starts Nov 29; businesses look to reopening of land links bt.sg/oUGe 2. Prime public housing model may include areas beyond waterfront, city centre: Indranee bt.…

Residential sites at Hillview Terrace to be launched for sale on Nov 18 One of the land plots up for sale is currently occupied by 11 factory units, and can potentially yield as many as 141 new residential units subject…

Singapore is on a timer to decarbonise power sector The Republic, a net energy importer, is pressed for land and resources, so it needs to play a different role in the region's energy sector and the green transition. bt.…

October exports surge 17.9% to race past forecasts; global chip demand a driving force Singapore's non-oil domestic exports last month continued an 11-month growth streak, on the back of robust global semiconductor deman…

Catching you up on the battle for SPH's non-media businesses this morning: Rival bidder Cuscaden Peak said in a statement on Tuesday evening that the scheme meetings where SPH shareholders will vote for or against each o…

Temasek slashes stakes in Alibaba and Didi, exits Baidu amid crackdown by Beijing It cut 16 per cent of its stake in e-commerce giant Alibaba and 11 per cent of its shares in ride-hailing service Didi, according to a 13F…

#BTOpinion #HockLockSiew: Valuation metrics favoured by digital economy firms going public need a long, hard look Our startup writer Claudia Chong opines that as more tech companies head for the public markets with their…

Asean workers could get some of the world's biggest salary hikes in 2022: report The survey, conducted by an employee services firm, projects that Vietnam will see a real salary increase of 4.2 per cent, beating both mai…

F&B sector continues to see brisk entries despite challenges Entries to the sector have outpaced exits this and last year, but economists warn that takings have fallen and the field is getting crowded, chipping away at p…

Grab services disrupted in Singapore and other key South-east Asian markets Some ride-hailing drivers and delivery riders said their jobs were cancelled abruptly, with one adding that the disruption had taken away half t…

Keppel says offer for SPH firm and irrevocable, provides shortest time to pay-out In a statement responding to the most recent competing Cuscaden bid, Keppel said it has also already obtained necessary regulatory approva…

PODCAST: This week's 107th episode of Money Hacks, BT correspondent Howie Lim speaks to Victor Wong, senior director, head of UOBAM Sustainability Office, UOB Asset Management about how ESG investing can make money but g…

What to do with a multi-million dollar mega-mansion? Ask F1 heiress Petra Ecclestone Formula 1 heiress and her fiance are going to help rich people buy, sell, staff and decorate their homes. bt.sg/oUUt

[JUST IN] VTLs extended to another 5 countries: Indonesia, India, Qatar, Saudi Arabia, UAE Vaccinated travel passes (VTPs) for short-term visitors and long-term pass holders will be open for application for travelling fr…

[JUST IN] Bigger headcounts, easier rules allowed for Mice events as pilot scheme starts this week The concessions will be made for events where all participants are fully vaccinated and are found to be negative for Covi…

[JUST IN] Fully-vaccinated same-household groups of up to 5 can soon dine at hawker centres, coffeeshops with checks in place For dine-in of up to five individuals from the same household, the list of acceptable document…

OPINION: Reits may not be best vehicles to hold prime Singapore office assets Wealthy families or institutions may desire more control over the underlying property through direct ownership due to greater flexibility in b…

Still picking stocks? The move towards passive investments via ETFs is finally being accepted by Asian investors. In two decades the universe of ETFs has grown tremendously, from less than US$100 billion to over US$7.7 t…

Impact on China-linked ETF flows muted despite fears over Evergrande fallout ETF products tracking China stocks have underperformed because markets are down, but this has also drawn some investors looking for bargains. b…