www.businesstimes.com.sg Open in urlscan Pro
152.195.57.18  Public Scan

Form analysis
0 forms found in the DOM

Text Content

 * myBT
 * Companies
   
   * Banking & Finance
   * Reits & Property
   * Energy & Commodities
   * Telcos, Media & Tech
   * Transport & Logistics
   * Consumer & Healthcare
   * Capital Markets & Currencies
 * Property
   
   * Residential
   * Commercial & Industrial
   * Property Supplements
 * Startups
   
   * Garage
   * Technology
 * Opinion
   
   * Columns
   * Features
 * Lifestyle
   
   * Food & Drink
   * Motoring
   * Style & Travel
   * Watches
   * Arts & Design
   * BT Luxe
   * Health & Wellness
 * Podcasts
 * E-paper

Subscribe
LOG IN


Share on FacebookShare on TwitterView more
Subscribe
Login


SINGAPORE BUDGET 2024




MYBT




SINGAPORE

Economy & Policy
SMEs


INTERNATIONAL

Asean Business
Global Enterprise


OPINION & FEATURES

Columns
Features


COMPANIES & MARKETS

Banking & Finance
Reits & Property
Energy & Commodities
Telcos, Media & Tech
Transport & Logistics
Consumer & Healthcare
Capital Markets & Currencies


PROPERTY

Residential
Commercial & Industrial
Property Supplements


STARTUPS & TECH

Garage
Technology


ESG

Sustainable Finance
Governance & Diversity
Giving Back


WEALTH

Wealth & Investing
Personal Finance
Crypto & Alternative Assets
Supplements


WORKING LIFE

Life’s Work
Leadership


LIFESTYLE

Food & Drink
Motoring
Style & Travel
Watches
Arts & Design
BT Luxe
Health & Wellness


EVENTS & AWARDS

Singapore Business Awards
Singapore Corporate Awards
Enterprise 50
Emerging Enterprise
Sustainability Impact Awards


BREAKING NEWS




E-PAPER




PODCASTS




VIDEOS




NEWSLETTERS




BT CLUB


Create a free account with Business Times for seamless access across SPH Media
products.
REGISTER
LOGIN

STI Index 3,230.990-20.720
HSI 15600MBeP... 0.090-0.010
HSI 16000MBeP... 0.086-0.011
HSI 17000MBeC... 0.067+0.009
HSI 15600MBeP... 0.029-0.008
ThaiBev 0.485-0.005
Rex Intl 0.131+0.007
MarcoPolo Marine 0.061+0.002
HSI 17800MBeC... 0.030+0.005
Singtel 2.540-
Genting Sing 0.890-
YZJ Shipbldg SGD 1.900+0.050
Mapletree Pan... 1.280-0.010
RH PetroGas 0.175+0.006
CapitaLandInvest 2.710-0.040
Aspen 0.044+0.003
Frasers L&C Tr 1.050-0.010
HSI 16800MBeP... 0.100-0.016
Dyna-Mac 0.370+0.010
ESR-LOGOS REIT 0.295-0.005
KepPacOakReitUSD 0.150+0.001
HSI 18200MBeC... 0.045+0.006
ManulifeReit USD 0.076-0.002
HSTECH 4000MB... 0.064+0.014
Chasen 0.094-0.001
Meituan 5xLon... 0.077+0.020
HSTECH 3600MB... 0.064+0.017
Mapletree Log Tr 1.470+0.010
SATS 2.610+0.080
CapLand IntCom T 1.980-0.010
Tencent 5xLon... 0.087+0.003
STI Index 3,230.990-20.720
HSI 15600MBeP... 0.090-0.010
HSI 16000MBeP... 0.086-0.011
HSI 17000MBeC... 0.067+0.009
HSI 15600MBeP... 0.029-0.008
ThaiBev 0.485-0.005
Rex Intl 0.131+0.007
MarcoPolo Marine 0.061+0.002
HSI 17800MBeC... 0.030+0.005
Singtel 2.540-
Genting Sing 0.890-
YZJ Shipbldg SGD 1.900+0.050
Mapletree Pan... 1.280-0.010
RH PetroGas 0.175+0.006
CapitaLandInvest 2.710-0.040
Aspen 0.044+0.003
Frasers L&C Tr 1.050-0.010
HSI 16800MBeP... 0.100-0.016
Dyna-Mac 0.370+0.010
ESR-LOGOS REIT 0.295-0.005
KepPacOakReitUSD 0.150+0.001
HSI 18200MBeC... 0.045+0.006
ManulifeReit USD 0.076-0.002
HSTECH 4000MB... 0.064+0.014
Chasen 0.094-0.001
Meituan 5xLon... 0.077+0.020
HSTECH 3600MB... 0.064+0.017
Mapletree Log Tr 1.470+0.010
SATS 2.610+0.080
CapLand IntCom T 1.980-0.010
Tencent 5xLon... 0.087+0.003
STI Index 3,230.990-20.720
HSI 15600MBeP... 0.090-0.010
HSI 16000MBeP... 0.086-0.011
HSI 17000MBeC... 0.067+0.009
HSI 15600MBeP... 0.029-0.008
ThaiBev 0.485-0.005
Rex Intl 0.131+0.007
MarcoPolo Marine 0.061+0.002
HSI 17800MBeC... 0.030+0.005
Singtel 2.540-
Genting Sing 0.890-
YZJ Shipbldg SGD 1.900+0.050
Mapletree Pan... 1.280-0.010
RH PetroGas 0.175+0.006
CapitaLandInvest 2.710-0.040
Aspen 0.044+0.003
Frasers L&C Tr 1.050-0.010
HSI 16800MBeP... 0.100-0.016
Dyna-Mac 0.370+0.010
ESR-LOGOS REIT 0.295-0.005
KepPacOakReitUSD 0.150+0.001
HSI 18200MBeC... 0.045+0.006
ManulifeReit USD 0.076-0.002
HSTECH 4000MB... 0.064+0.014
Chasen 0.094-0.001
Meituan 5xLon... 0.077+0.020
HSTECH 3600MB... 0.064+0.017
Mapletree Log Tr 1.470+0.010
SATS 2.610+0.080
CapLand IntCom T 1.980-0.010
Tencent 5xLon... 0.087+0.003

Companies & Markets
Seatrium’s two former executives, including CEO, charged with bribery involving
more than S$20 million in Brazil
Property
HDB rental market to sustain growth momentum; private condo rents may face more
headwinds in H2 2024
Singapore
Household electricity, gas tariffs to fall in Q2
Transport & Logistics
Baltimore bridge collapse: Compensation may run into billions, say industry
watchers
Opinion & Features
Rich rewards could lie ahead for Jurong Lake District’s master developer
Property
Cushman & Wakefield appoints Natalie Craig as Singapore CEO
ASEAN Business
The rich, the richer and the super-rich of South-east Asia
Global Enterprise
The world needs connectivity, not decoupling: senior Chinese diplomat Liu
Jianchao
Columns
HOCK LOCK SIEW
SingPost’s bid to raise market value might not yield immediate results
Podcasts
Market Focus Daily: Wednesday, March 27, 2024 (Ep 31)
RESILIENT CITIES INDEX


SINGAPORE CLIMBS TO SIXTH PLACE GLOBALLY

ASIA’S 50 BEST RESTAURANTS


TOKYO’S SÉZANNE TOPS; SINGAPORE EXCELS WITH NINE

ESG


RAVI MENON NAMED SINGAPORE'S AMBASSADOR FOR CLIMATE ACTION

BUDGET BOOKLET 2024


HOW WILL THE GOVT'S SUPPORT MEASURES IMPACT YOUR BUSINESS?

SINGAPORE ECONOMY


FACTORY OUTPUT UP 3.8% IN FEBRUARY, BEATS ESTIMATES

ENTERPRISE 50


NOMINATIONS OPEN FOR 2024 ENTERPRISE 50 AWARDS

SINGAPORE PROPERTY


GCBS, LUXURY APARTMENT PRICES STABLE; SALES VOLUME DECLINES

HIRING


SINGAPORE'S NEW JOB VACANCIES HIT SIX-YEAR PEAK

RESILIENT CITIES INDEX


SINGAPORE CLIMBS TO SIXTH PLACE GLOBALLY

ASIA’S 50 BEST RESTAURANTS


TOKYO’S SÉZANNE TOPS; SINGAPORE EXCELS WITH NINE

ESG


RAVI MENON NAMED SINGAPORE'S AMBASSADOR FOR CLIMATE ACTION

BUDGET BOOKLET 2024


HOW WILL THE GOVT'S SUPPORT MEASURES IMPACT YOUR BUSINESS?

SINGAPORE ECONOMY


FACTORY OUTPUT UP 3.8% IN FEBRUARY, BEATS ESTIMATES

ENTERPRISE 50


NOMINATIONS OPEN FOR 2024 ENTERPRISE 50 AWARDS

SINGAPORE PROPERTY


GCBS, LUXURY APARTMENT PRICES STABLE; SALES VOLUME DECLINES

HIRING


SINGAPORE'S NEW JOB VACANCIES HIT SIX-YEAR PEAK

RESILIENT CITIES INDEX


SINGAPORE CLIMBS TO SIXTH PLACE GLOBALLY

ASIA’S 50 BEST RESTAURANTS


TOKYO’S SÉZANNE TOPS; SINGAPORE EXCELS WITH NINE

ESG


RAVI MENON NAMED SINGAPORE'S AMBASSADOR FOR CLIMATE ACTION

BUDGET BOOKLET 2024


HOW WILL THE GOVT'S SUPPORT MEASURES IMPACT YOUR BUSINESS?

 * 
 * 


BREAKING NEWS

Economy & Policy
Singapore competition panel names ex-director Alvin Koh as new chief executive 
Mar 28, 2024 02:48 PM
Companies & Markets
Australia: Shares notch record closing high
Mar 28, 2024 02:43 PM
Transport & Logistics
Seoul bus drivers strike over pay, snarling commute in South Korean capital
Mar 28, 2024 02:33 PM
Companies & Markets
UBS looks to keep, grow shipping loans in post-merger green overhaul
Mar 28, 2024 02:24 PM
ASEAN Business
Malaysia open to extending China-led rail project to Thai border
Mar 28, 2024 02:18 PM
International
South Korea market watchdog vows to further develop corporate reform plan
Mar 28, 2024 02:01 PM
International
Crypto fraudster Bankman-Fried faces sentencing
Mar 28, 2024 01:39 PM

SEE MORE


INTRODUCING

You can now personalise your BT experience with keywords.

GOT IT.
Financial Results
Jefferies profit rises on capital-markets strength, deal rebound
China Life profit falls as market rout hurts investments
China’s Bank of Communications posts slight profit gain, warns of property risks
Inflation
Australia: Shares notch record closing high
German economic institutes slash 2024 GDP forecast to 0.1%
EDITORIAL
Uptick in commodity prices bears close watch
Cryptocurrencies
BlackRock’s tokenized fund draws US$240 million since debut
Coinbase must face US securities regulator’s lawsuit
Bitcoin ETF awareness helping to create favourable view of the cryptocurrency by
investors: survey
Covid-19
Covid-19 lowered life expectancy by 1.6 years worldwide: study

Travel refund-related complaints in Singapore spiked last year amid pandemic,
says Case

COMMENTARY
To stay fighting fit in the ring, Singapore gyms need new workout regimes

Interest Rates
Yen stabilises after finance minister comments, dollar dips

China manufacturing drive risks higher US inflation, NY Fed says
Sri Lanka unexpectedly cuts policy rates by 50 bps to spur growth
Electric Vehicles
Automakers face ‘daunting’ task to meet 2032 EV rules, industry says
Xiaomi stakes growth on debut in China’s cut-throat EV market
Chinese EV maker BYD targets 20% jump in annual sales: sources
Canada
UK says rules of origin deal with Canada probably won't be extended
Canadian home sales dip; prices snap 5-month streak of declines
China to invest in Canada mining despite crackdown, envoy says
Climate Change
Oil giants plan to bury massive amounts of CO2 in South-east Asia
Amazon says Japan isn’t meeting corporate needs for clean power
Climate change is messing with how we measure time: study
Currencies
PBOC chief seeks to deepen currency ties with Asian economies
US dollar dips as Japan and China fortify their currencies
Japan’s top currency diplomat says yen weakness doesn’t reflect fundamentals
Semiconductors
US is asking allies to tighten servicing of chip gear in China
SK Hynix chief says HBM chips to be double-digit percentage of 2024 Dram chip
sales
At major China chip fair, firms ramp up call to buy domestic
Housing
UK home sellers trim discounts as expectations for rate cut grow
Hong Kong homebuyers flock to new projects, shunning used flats
US home-price growth picks up with ‘healthy gains’ across cities
M&A
Japan’s Mitsui, Rohto said near deal for Eu Yan Sang: source
Phillips 66 explores sale of pipeline stake worth over US$1 billion: sources
Australian taxi operator A2B shareholders vote in favour of
ComfortDelGro acquisition

Bonds
Only 14% of sustainability-linked bonds aligned with key climate goal: report
Latest Singapore 6-month T-bill offers cut-off yield of 3.8%
Wing Tai prices S$100 million 5-year notes at 4.38%
Sustainability
COMPANY OF GOOD
What is corporate purpose?
Singapore designers break new ground in Milan
Banyan Tree obtains S$70 million sustainability-linked loan 
Oil Prices
Oil prices fall on stronger dollar, weak US petrol demand
Oil settles lower as markets weigh Russian supply woes
Oil settles higher as Russia orders output cuts, geopolitical tensions persist
US Federal Reserve
Fed’s operating losses swelled to record US$114.3 billion in 2023
Fed’s Goolsbee says he sees three rate cuts this year
Broadening US market rally gets boost from dovish Fed
Opec
Oil prices fall on stronger dollar, weak US petrol demand
Oil settles lower as markets weigh Russian supply woes
Oil prices rise as heightened geopolitical risk exacerbates supply concern
Russia
Russia’s vulnerability showcased again after Putin presidential win
Russia mourns as toll from concert hall massacre climbs to 137
Russia’s oil is finally getting snarled by sanctions
Metals
Gold slips as US dollar, bond yields firm after Fed official comment
Gold prices hold ground as investors seek more Fed cues
Gold firms on softer dollar, focus on US inflation data
Yen
Japan’s yen hits 34-year low, sparking intervention warnings
UPDATED 18 hours ago
Yen stabilises after finance minister comments, dollar dips

US dollar dips as Japan and China fortify their currencies
Malaysia
Malaysia open to extending China-led rail project to Thai border
Malaysia considers extending US$10 billion rail to Thailand border
Mahathir sons say 98-year-old father focus of Malaysia probe
7-eleven
7-Eleven is testing a bigger convenience store with more stuff on shelves
Japan’s Seven & i expands 7-Eleven empire with purchase of Australian franchise

Seven & i unit Sogo & Seibu's labour union confirms right to strike

SEE MORE


COMPANIES & MARKETS

Companies & Markets
Australia: Shares notch record closing high
Mar 28, 2024 02:43 PM
Companies & Markets
UBS looks to keep, grow shipping loans in post-merger green overhaul
Mar 28, 2024 02:24 PM
Companies & Markets
ESR-Logos Reit secures S$200 million sustainability-linked credit facility 
Mar 28, 2024 08:54 AM
UPDATED 2 hours ago
Global Enterprise
Oil giants plan to bury massive amounts of CO2 in South-east Asia
Mar 28, 2024 12:12 PM
International
Bank of Korea warns of economic hit if property slump lasts
Mar 28, 2024 11:36 AM
Companies & Markets
Seatrium’s two former executives, including CEO, charged with bribery involving
more than S$20 million in Brazil
Mar 28, 2024 09:39 AM
SEE MORE



OPINION & FEATURES

Opinion & Features
China changes tack on water politics

FENGSHI WU

Opinion & Features
EDITORIAL
Uptick in commodity prices bears close watch
Opinion & Features
Who’s afraid of price controls?

TOM KREBS AND ISABELLA M WEBER

SEE MORE


ASEAN BUSINESS

EV maker VinFast signs partnership agreements with 15 dealers in Thailand


GLOBAL ENTERPRISE

China industrial profits rise in sign of stabilising economy


GARAGE

Bitcoin ETF awareness helping to create favourable view of the cryptocurrency by
investors: survey


SMES

From tea bags to canned beverages, Gryphon brews a new identity


PODCASTS

Market Focus Daily: Wednesday, March 27, 2024 (Ep 31)
Japan warns of intervention as yen falls to 34-year-low; Thailand’s stock
exchange continues decline on corporate setback; Singapore stocks rally on
high...
PropertyBT: Looking for profit in Singapore private residential property (Ep 29)
Mar 28, 2024 05:00 AM
Market Focus Daily: Tuesday, March 26, 2024 (Ep 30)
Mar 26, 2024 05:46 PM
Market Focus Daily: Monday, March 25, 2024 (Ep 29)
Mar 25, 2024 05:46 PM
Lens on Singapore: Not everyone is thriving in Singapore (Ep 7)
Mar 26, 2024 05:00 AM
SEE MORE


VIDEOS

Rescue underway at Baltimore bridge collapse after Singapore-flagged ship crash
S Iswaran slapped with 8 new charges, allegedly obtained valuables worth
S$19,000
Transforming for Growth Against Global Headwinds | webinar highlights
SEE MORE


OUR NEWSLETTERS

MON-SAT, 7.20 AM


BREAKFAST BRIEF

All the latest news you need to know to start your day, right in your inbox.

MON-SAT, 7.20 PM


DAILY DEBRIEF

A round-up of all the important things that happened today.

FRIDAY, 8.30 AM


ASEAN BUSINESS

Business insights centering on South-east Asia's fast-growing economies.

MONDAY, 3.30 PM


GARAGE

The hottest news on all things startup and tech to kickstart your week.

TUESDAY, 12 PM


PROPERTY INSIGHTS

Get an exclusive analysis of real estate and property news in Singapore and
beyond.

FRIDAY, 12.30 PM


ESG INSIGHTS

An exclusive weekly report on the latest environmental, social and governance
issues.

FRIDAY, 3 PM


THRIVE

Money, career and life hacks to help young adults stay ahead of the curve.

FRIDAY, 8.30 AM


SGSME

Get updates on Singapore's SME community, along with profiles, news and tips.

FRIDAY, 2 PM


LIFESTYLE

Our picks of the latest dining, travel and leisure options to treat yourself.


SEE MORE


LIFESTYLE

Lifestyle
Singapore designers break new ground in Milan
Lifestyle
STYLE
Like it or not, gender-neutral clothes are coming for you
Lifestyle
DINING OUT
Former Zouk morphs into mod-Asian Jiak Kim House, serving laksa pasta and
mushroom bak kut teh
BT Luxe
TRAVEL
Heritage in a bottle
A visit to South Korean artisanal sauce maker Kisoondo is a step back in time
BT Luxe
BT LUXE
Desmond Tan: Heartland boy turned heart-throb
The actor and soon-to-be father shares his thoughts on growing up in Singapore,
his love of local culture, and his hopes for...
BT Luxe
BT LUXE
Kara Arissa Tan: Preserving a food legacy
The young CEO brings reverence and innovation to the traditional bird’s nest
industry
BT Luxe
BT LUXE
Kevin Poon: Multifaceted maestro
From art and fashion to music and food, the lifestyle entrepreneur has a finger
in many pies
BT Luxe
TRAVEL
andBeyond in Bhutan: Fusing luxury and sustainability 
Its newest lodge places guests in lavish tented suites on the banks of a famous
river
BT Luxe
FOOD & DRINK
The heart and Seoul of Korean dining
From pork barbecue to fermentation cooking, there’s never a dull meal in this
capital city
BT Luxe
TRAVEL
Heritage in a bottle
A visit to South Korean artisanal sauce maker Kisoondo is a step back in time
BT Luxe
BT LUXE
Desmond Tan: Heartland boy turned heart-throb
The actor and soon-to-be father shares his thoughts on growing up in Singapore,
his love of local culture, and his hopes for...
BT Luxe
BT LUXE
Kara Arissa Tan: Preserving a food legacy
The young CEO brings reverence and innovation to the traditional bird’s nest
industry
BT Luxe
BT LUXE
Kevin Poon: Multifaceted maestro
From art and fashion to music and food, the lifestyle entrepreneur has a finger
in many pies
BT Luxe
TRAVEL
andBeyond in Bhutan: Fusing luxury and sustainability 
Its newest lodge places guests in lavish tented suites on the banks of a famous
river
BT Luxe
FOOD & DRINK
The heart and Seoul of Korean dining
From pork barbecue to fermentation cooking, there’s never a dull meal in this
capital city
BT Luxe
TRAVEL
Heritage in a bottle
A visit to South Korean artisanal sauce maker Kisoondo is a step back in time
 * 
 * 
 * 
 * 
 * 
 * 

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here


Breaking NewsOpinion & Features
E-PAPER
BT 12-DAY PRINT ARCHIVE


SECTIONS

 * Singapore
 * International
 * Opinion & Features
 * Companies & Markets
 * Property
 * Startups & Tech
 * ESG
 * Wealth

 * Working Life
 * Events & Awards
 * Breaking News
 * E-paper
 * Podcasts
 * Videos
 * Newsletters


LIFESTYLE

 * Food & Drink
 * Motoring
 * Style & Travel
 * Watches
 * Arts & Design
 * BT Luxe
 * Health & Wellness


FOLLOW BT




 * about us
 * contact us
 * advertise with us
 * help
 * privacy policy
 * terms & conditions
 * cookie policy
 * data protection policy

SPH MEDIA DIGITAL NEWS

MCI (P) 064/10/2023 © 2024 SPH MEDIA LIMITED. REGN NO. 202120748H


EXCLUSIVE DEAL : 90% OFF BT PERSONAL EDITION!

Gain access to breaking news, in-depth analysis and expert insights for 3 months
at only S$0.99/month.

No thanks SUBSCRIBE NOW
1.0.402024-03-28 02:50:26 PM

search by queryly Advanced Search


Advertisement