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× Hello, your email is unverified. Please confirm for access to all your SPH accounts. RESEND VERIFICATION EMAIL Skip to main content * * * BT Luxe * Feature * F&B * Design * Style * Beauty / Wellness * Arts * Travel * ALL NEWS * Asean Business * Awards * Banking & Finance * Brunch * Companies & Markets * Consumer * Dining Out * Energy & Commodities * ESG * Focus * Garage * Global Enterprise * Government & Economy * Infographics * Leadership & Management * Life & Culture * Magazines * Opinion * Podcasts * Real Estate * SGSME * Stocks * Taking Heart * Technology * Transport * Videos * Wealth * Wealth & Investing * BREAKING * LIFESTYLE * Arts * BT Luxe * Design * F&B * Feature * Movies * Style * Travel * Wellness * OPINION * PODCASTS * E-PAPER * BRANDED * * SUBSCRIBE * LOG IN * * * NEWS * LIFESTYLE * Breaking * E-Paper SECTIONS * Asean Business * Awards * Banking & Finance * Brunch * Companies & Markets * Consumer * Dining Out * Energy & Commodities * ESG * Focus * Garage * Global Enterprise * Government & Economy * Infographics * Leadership & Management * Life & Culture * Magazines * Opinion * Podcasts * Real Estate * SGSME * Stocks * Taking Heart * Technology * Transport * Videos * Wealth * Wealth & Investing * Feature * BT Luxe SECTIONS * Arts * BT Luxe * Design * F&B * Feature * Movies * Style * Travel * Wellness Facebook Twitter Whatsapp LinkedIn Telegram Email * SUBSCRIBE * LOG IN MARKET TODAY: * STI Index2,984.150+14.200 * HSI 17400MBeCW2212290.059-0.037 * Sembcorp Marine0.119- * HSI 15400MBePW2212290.184+0.066 * YZJ Shipbldg SGD1.190-0.030 * Geo Energy Res0.410+0.025 * Biolidics0.045-0.014 * Singtel2.430+0.050 * CapLand IntCom T1.820+0.080 * Lion-OCBC Sec HSTECH S$0.510-0.036 * ThaiBev0.570+0.005 * Tencent 5xLongSG2308030.092-0.115 * YZJ Fin Hldg0.335-0.010 * Frasers L&C Tr1.090+0.020 * Genting Sing0.790+0.010 * NetLink NBN Tr0.800-0.030 * Eneco Energy^0.013- * BYD 5xShortSG2302020.068+0.019 * CapitaLandInvest3.070-0.090 * Mapletree Log Tr1.460+0.030 * Tencent 5xLongUB2412310.002-0.002 * Tencent 5xShortSG2312140.156+0.058 * HPH Trust USD0.164-0.013 * SATS2.540-0.090 * Jiutian Chemical0.074+0.003 * ComfortDelGro1.250-0.020 * CapLand Ascendas REIT2.510+0.040 * ESR-LOGOS REIT0.330+0.010 * Oceanus0.011-0.001 * Lendlease Reit0.665+0.005 * BYD 5xLongSG2308030.063-0.025 09:08 AM Oct 25, 2022 09:08 AM ASEAN Business ASEAN’S OUTLOOK OPTIMISTIC THANKS TO ‘ASIA DIVIDEND’ EXISTING tensions between the US and China affords Asean an opportunity to become even more relevant as a manufacturing... 04:01 PM Oct 24, 2022 04:01 PM Global Enterprise HK’S CURRENT DEPARTURES LIKENED TO 1997 HANDOVER EXODUS SUBSCRIBERS [HONG KONG] James Thompson has traced professional human flows in Asia for over 50... 05:52 AM Oct 17, 2022 05:52 AM Podcasts SPONSORED BT MONEY HACKS: CRITICAL ILLNESS COVERAGE - INSURANCE FOR YOUR INCOME (EP 129) What happens to your income when you fall really sick and need time off work to recover? Howie Lim speaks to Colin... 01:01 PM Oct 25, 2022 01:01 PM Oct 25, 2022 05:10 PM Government & Economy SINGAPORE CORE INFLATION CLIMBS TO 5.3% IN SEPTEMBER; HEADLINE INFLATION STEADY AT 7.5% SINGAPORE’s core inflation rose further to 5.3 per cent in September but headline inflation held steady at 7.5 per cent... SGD 3.99 Buy now UPDATED 1 hr ago 02:23 PM Oct 25, 2022 02:23 PM Real Estate KATONG POINT TO LAUNCH FOR SALE VIA TENDER AT S$100M THE newly-refurbished Katong Point development will be launched for sale via tender on Oct 26, 2022, announced global... Michelle Zhu 09:25 AM Oct 25, 2022 10:45 AM Government & Economy SINGAPORE TO TIGHTEN RULES ON ELECTRICITY RETAILERS, RAISE SAFEGUARDS AROUND SUPPLY AND PRICE SHOCKS SINGAPORE’S energy regulator will introduce major guardrails to ensure secure and sufficient gas supply and power... UPDATED 7 hrs ago Anita Gabriel 09:39 AM Oct 25, 2022 09:39 AM Government & Economy SINGAPORE TO COMMIT TO NET ZERO BY 2050, PEAK EMISSIONS BEFORE 2030: DPM WONG SINGAPORE will commit to shorter timelines for reducing greenhouse gas emissions, with accelerated targets for... Wong Pei Ting 12:16 PM Oct 25, 2022 12:16 PM Companies & Markets BROKERS’ TAKE: RHB UPGRADES CICT TO ‘BUY’ ON RECOVERY PROSPECTS CAPITALAND Integrated Commercial Trust (CICT) is likely set for a recovery in 2023, with additional cash flow from... Ry-Anne Lim ESG PUSH Singapore to commit to net zero by 2050, peak emissions before 2030: DPM Wong C-SUITE MANOEUVRES Palace intrigue at UBS pits CEO against rising star INVESTING FOR IMPACT Investing in clean energy capacity now more important than ever PAY DISCLOSURE SGX Regco’s plan for full disclosure on listco boards, CEOs’ pay a boost for transparency BT SHOCHU MASTERCLASS Enjoy an afternoon of shochu with The Business Times THE LEVEL GROUND Buying leasehold property is fine, but freehold status has niche appeal F&B FIGHTS BACK F&B players in Singapore offer salary jumps, joining bonuses to fight severe labour crunch MILLENNIAL BOSSES TLDR: Meet the millennials moving into the corner office – by buying SMEs * 1 * 2 BREAKING 05:59 PM Oct 25, 2022 05:59 PM Real Estate UK MORTGAGE RATES HOVER NEAR 14-YEAR HIGHS AS SUNAK TAKES REINS KEY UK mortgage rates remain close to peaks last seen in the 2008 financial crisis as the nation braces for its third... UPDATED 13 mins ago 05:58 PM Oct 25, 2022 06:01 PM Stocks SINGAPORE STOCKS END HIGHER ON FIRST TRADING DAY OF THE WEEK; STI UP 0.5% LOCAL shares ended Tuesday (Oct 25) on a fairly upbeat note, as investors shrugged off slightly dour macroeconomic news... UPDATED 11 mins ago Uma Devi 05:56 PM Oct 25, 2022 05:56 PM Wealth & Investing CHINA STOCKS SELLOFF A BUYING MOMENT, SAYS JP MORGAN STRATEGIST THE swift decline in Chinese equities is “disconnected from fundamentals” and presents a buying opportunity for stock... UPDATED 16 mins ago 05:39 PM Oct 25, 2022 05:44 PM Real Estate HOMEOWNERS IN SINGAPORE TO SPEND MORE OF MONTHLY INCOME ON MORTGAGE: MOODY’S HOMEOWNERS in Singapore are spending more of their monthly income on mortgage repayments, according to a Tuesday (Oct... Ry-Anne Lim BREAKING NEWS 05:37 PM Oct 25, 2022 05:54 PM Wealth & Investing A SMART LOOK AT INVESTING 5 WAYS TO PROTECT YOUR PORTFOLIO IN A RECESSION SUBSCRIBERS INVESTORS are becoming nervous over what comes next. In the United States, both the Nasdaq Composite Index and S&P... UPDATED 17 mins ago Royston Yang 05:36 PM Oct 25, 2022 05:36 PM Banking & Finance JAPAN LIKELY SPENT AROUND 900 BILLION YEN FOR OCT 24 SUSPECTED FX INTERVENTION JAPAN likely spent up to 900 billion yen (US$6 billion) on its second straight day of suspected currency intervention... UPDATED 36 mins ago 05:35 PM Oct 25, 2022 05:35 PM Stocks MALAYSIA: SHARES CLOSE LOWER ON TUESDAY MALAYSIA share prices closed lower on Tuesday (Oct 25), with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down... UPDATED 37 mins ago 05:33 PM Oct 25, 2022 05:33 PM Stocks BROKERS’ TAKE: CGS-CIMB UPS TARGET PRICE ON RAFFLES MEDICAL GROUP AMID COVID-19 SURGE CGS-CIMB has raised its target price for Raffle Medical Group as it expects the company to play a significant role in... UPDATED 39 mins ago Ilyas Salim OPINION 04:15 PM Oct 24, 2022 08:27 PM Companies & Markets HOCK LOCK SIEW HEADWINDS EMERGING FOR OFFICE LANDLORDS, BUT TIGHT SUPPLY SITUATION COULD MITIGATE IMPACT SUBSCRIBERS While technology and social media firms have hogged the headlines in recent years... Nisha Ramchandani 05:52 PM Oct 24, 2022 05:57 PM Opinion INDUSTRIAL POLICY: SOUNDS GOOD, BUT UNSOUND SUBSCRIBERS INDUSTRIAL policy is all the rage in Western policy circles these days. In the US, the CHIPS and Science Act builds on... Taimur Baig 06:50 AM Oct 24, 2022 06:50 AM Opinion MARK TO MARKET BETTING ON A NEW SOCIAL TREND: A LOVE STORY SUBSCRIBERS SOME friends of mine thought it would be very funny to set up a Tinder account on my phone some years ago – believing,... Ben Paul ASEAN BUSINESS 03:46 PM Oct 24, 2022 03:46 PM Oct 25, 2022 09:31 AM Mobile Spotlight ASEAN Business FROM CHINA TO THE US, CAFFEINE LOVERS ARE WAKING UP TO THE SMELL OF VIETNAMESE COFFEE SUBSCRIBERS [HANOI] In late September in Shanghai, Starbucks opened its 6,000th branch in mainland China – a milestone for the US... SGD 3.99 Buy now GLOBAL ENTERPRISE 07:30 PM Oct 24, 2022 07:30 PM Oct 25, 2022 04:13 PM Mobile Spotlight Global Enterprise CHINA’S Q3 GDP BEATS EXPECTATIONS, BUT FEW BELIEVE IT SUBSCRIBERS AFTER nearly a week of delay, China released on Monday (Oct 24) better-than-expected gross domestic product (GDP)... SGD 3.99 Buy now UPDATED 1 hr ago GARAGE 08:02 PM Oct 24, 2022 08:02 PM Oct 24, 2022 08:05 PM Garage NFTS CAN BE CONSIDERED PROPERTY, SINGAPORE HIGH COURT RULES The Singapore High Court has ruled that non-fungible tokens (NFTs) can be... SGD 3.99 Buy now SGSME 06:27 PM Oct 24, 2022 06:27 PM Oct 25, 2022 01:06 PM SME COMPANIES HOPE FOR MORE COORDINATED GOVERNMENT RESPONSES AS COSTS RISE: SCCCI SURVEY THE annual survey by the Singapore Chinese Chamber of Commerce & Industry (SCCCI) for 2022 has revealed concerns... SGD 3.99 Buy now UPDATED 5 hrs ago MOST POPULAR INDONESIA EXPECTS NEW GAS SUPPLY CONTRACT WITH SINGAPORE NEXT WEEK: MINISTER UK FINANCIAL WATCHDOG PROPOSES RULES TO STAMP OUT 'GREENWASHING' SOUTH KOREA OPPOSITION BOYCOTTS YOON BUDGET SPEECH IN BATTLE OF WILLS WHATSAPP RESTORED AFTER OUTAGE, SAYS META XI’S THIRD TERM LEAVES THE TECH INDUSTRY COLD STOCKS 05:58 PM Oct 25, 2022 06:01 PM Stocks SINGAPORE STOCKS END HIGHER ON FIRST TRADING DAY OF THE WEEK; STI UP 0.5% LOCAL shares ended Tuesday (Oct 25) on a fairly upbeat note, as investors shrugged off slightly dour macroeconomic news... UPDATED 11 mins ago Uma Devi 05:35 PM Oct 25, 2022 05:35 PM Stocks MALAYSIA: SHARES CLOSE LOWER ON TUESDAY MALAYSIA share prices closed lower on Tuesday (Oct 25), with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down... UPDATED 37 mins ago 05:33 PM Oct 25, 2022 05:33 PM Stocks BROKERS’ TAKE: CGS-CIMB UPS TARGET PRICE ON RAFFLES MEDICAL GROUP AMID COVID-19 SURGE CGS-CIMB has raised its target price for Raffle Medical Group as it expects the company to play a significant role in... UPDATED 39 mins ago Ilyas Salim 04:35 PM Oct 25, 2022 04:35 PM Stocks HONG KONG: STOCKS EXTEND LOSSES A DAY AFTER ROUT HONG Kong stocks finished slightly lower on Tuesday (Oct 25) after swinging throughout the day on concerns about the... UPDATED 1 hr ago 03:37 PM Oct 25, 2022 03:37 PM Stocks EUROPE: STOCK MARKETS MOSTLY RISE AT OPEN EUROZONE stock markets climbed at the open on Tuesday (Oct 25) as traders reacted to earnings, while London and the... UPDATED 2 hrs ago LIFESTYLE 07:00 PM Oct 20, 2022 07:00 PM Design DESIGN MEET THE NEW HOME DESIGN TALENTS SUBSCRIBERS Let’s face it – deep cleaning the washing machine isn’t a sexy chore. Is it even a task that needs to be done, and how... 06:50 PM Oct 20, 2022 06:50 PM Food & Drink DINING OUT KURT SOMBERO FIRES UP FILIPINO FOOD AT KUBO SUBSCRIBERS NEW RESTAURANT 06:00 PM Oct 20, 2022 06:00 PM Lifestyle WATCHES YEAR-END NOVELTIES AS 2022 draws to an end, luxury watch brands are rushing out novelties with an eye on closing their books as well as on... 10:29 PM Jul 14, 2022 10:29 PM Sep 16, 2022 02:28 PM BT Luxe Travel TRAVEL THE IRISH COAST FOR VIEWS TO DIE FOR THERE IS A GREAT DRIVING ROAD – and then there’s the Wild Atlantic Way. This 2,500km-long stretch of coastline running... SGD 3.99 Buy now 01:21 AM Sep 16, 2022 01:21 AM Sep 19, 2022 01:04 PM BT Luxe Watches HIP TO BE SQUARE AT HUBLOT HUBLOT PRIDES ITSELF ON BEING “first, unique and different” – words that top the vocabulary of those who deem... SGD 3.99 Buy now 01:08 AM Sep 16, 2022 01:08 AM Sep 19, 2022 01:02 PM BT Luxe Watches MAKING A FASHION STATEMENT ALMOST EVERYONE IN THE watch world has gone green with envy over the past 2 years, and Patek Philippe has been the main... SGD 3.99 Buy now 11:10 PM Jul 14, 2022 11:10 PM Sep 16, 2022 02:48 PM BT Luxe Jewellery VCA, TIFFANY AND GUCCI SHOW OFF THE LATEST IN HIGH JEWELLERY HIGH JEWELLERY represents the pinnacle of what jewellers are capable of producing — embodying not only the values and... SGD 3.99 Buy now 10:59 PM Jul 14, 2022 10:59 PM Sep 16, 2022 02:41 PM BT Luxe Jewellery LOUIS VUITTON’S JEWELLERY ODYSSEY THERE NEVER IS A LACK of drama in Louis Vuitton’s high jewellery collections and its 4th collection proves it. SGD 3.99 Buy now 11:33 PM Jul 14, 2022 11:33 PM Sep 16, 2022 02:36 PM BT Luxe Travel A SWISS SUMMER IN ANDERMATT SWITZERLAND’S ALPINE REGION OF Andermatt may be synonymous with snow and ski, but summer brings with it its own unique... SGD 3.99 Buy now 10:29 PM Jul 14, 2022 10:29 PM Sep 16, 2022 02:28 PM BT Luxe Travel TRAVEL THE IRISH COAST FOR VIEWS TO DIE FOR THERE IS A GREAT DRIVING ROAD – and then there’s the Wild Atlantic Way. This 2,500km-long stretch of coastline running... SGD 3.99 Buy now 01:21 AM Sep 16, 2022 01:21 AM Sep 19, 2022 01:04 PM BT Luxe Watches HIP TO BE SQUARE AT HUBLOT HUBLOT PRIDES ITSELF ON BEING “first, unique and different” – words that top the vocabulary of those who deem... SGD 3.99 Buy now * 1 * 2 * 3 * 4 * 5 * 6 PODCASTSVIDEOS INFOGRAPHICS 02:02 PM Oct 21, 2022 02:02 PM Oct 21, 2022 03:53 PM Podcasts BT MARKET FOCUS: SENTIMENT CAUTIOUS AS INFLATION CONCERNS RISE (EP 17) Market sentiment has turned cautious again. Claressa Monteiro finds out why, SGD 3.99 Buy now VIDEOS WILL THE SINGAPORE RENTAL MARKET COOL DOWN? The rental market in Singapore remains red hot, showing no signs of cooling. Rents continue to climb with strong demand as borders reopen and new homes are delayed by construction woes. And with f... VIDEOS CRYPTO'S CREDIT CRISIS The aftermath of TerraUSD's collapse in May 2022 is still reverberating in the crypto world. The stablecoin's crash wiped almost US$2 trillion off the crypto market. BT takes a closer look at the f... 05:52 AM Oct 17, 2022 05:52 AM Oct 17, 2022 05:52 AM Podcasts SPONSORED BT MONEY HACKS: CRITICAL ILLNESS COVERAGE - INSURANCE FOR YOUR INCOME (EP 129) What happens to your income when you fall really sick and need time off work to recover? Howie Lim speaks to Colin... SGD 3.99 Buy now 05:50 AM Oct 17, 2022 05:50 AM Oct 17, 2022 05:50 AM Podcasts BT MARK TO MARKET: CAN SATS PUT THE GENIE BACK IN THE BOTTLE? (EP 24) Is the acquisition of Worldwide Flight Services really such a good deal for SATS? Senior correspondent Ben Paul gives... SGD 3.99 Buy now SPECIALS UNFAIR CLAUSES SIA’s policy of firing its pregnant cabin crew offers food for thought in employment contract clauses SINGLES DAY A Singles Day without livestream superhosts leaves Alibaba in a quandary COSTLIER BITES Apple hikes music and TV+ prices in first increases since launch NFT STATUS NFTs can be considered property, Singapore High Court rules Don’t miss this offer For a limited period, get a 6-MONTH subscription to The Business Times for just S$1/month. No thanks SUBSCRIBE NOW STAY INFORMED PERSONAL SUBSCRIPTION Get the latest coverage and full access to The Business Times premium content. SUBSCRIBE NOW KNOW THE MARKET CORPORATE SUBSCRIPTION Get ahead of the competition with your trusted source for local and regional business coverage. SUBSCRIBE NOW DOWNLOAD OUR APPS Stay up to date with The Business Times anywhere STAY UPDATED CHOOSE WHICH FREE BT NEWSLETTERS TO SIGN UP FOR HERE, OR GET THEM ALL BELOW: Breakfast Brief All you need to know to start your day, right in your inbox. Daily Debrief A round-up of all the important things that happened today. BT Lifestyle Wine and dine or plan your next holiday with BT’s weekend newsletter. Garage Weekly insights into the world of startups. Asean Business Business insights about the fast-growing Asean market. SGSME Get weekly updates on Singapore's SME community with profiles, news, and tips. ESG Tracking and analysing sustainability and governance issues, weekly. SIGN UP By signing up, you agree to our Privacy Policy and Terms and Conditions. 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