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‘Skills currency’ must take precedence during hiring process: Chan Chun Sing

He said this will allow companies to focus more on skills and competencies, rather than relying only on qualifications.
H1 property investment sales double to S$20.2b from year ago: Knight Frank

Private deals accounted for 76% of this quarter’s transactions, with the commercial sector taking the lead in driving much of Q2’s string of deals.
Singapore retail sales up by 17.8% in May on year-ago low base

a monthly, seasonally adjusted basis, retail sales were up by 1.8% to S$3.9 billion, with online transactions making up about 12% of sales.
Singapore rules out pump price caps amid rising fuel costs

‘The government’s approach is to ensure that we have a competitive fuel retail market.’
Time for Singapore Savings Bonds to reach a larger audience

Given the rising interest rate environment, it is time that more local investors gained a deeper understanding of this fixed income instrument.
MAS considering tighter regulations on crypto platforms

'These may include placing limits on retail participation and rules on the use of leverage when transacting in cryptocurrencies.'
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PODCAST: Are currencies the way to hedge against inflation?

Although forex trading carries a high level of risk that may not be suitable for all investors, currencies appear to be investors’ avenue to hedge against inflation in current markets. But what are the pitfalls and risks? For more insights, correspondent Howie Lim speaks to Ashli Koe and Raphael Ng, fund managers, Salzworth Asset Management. #btpodcasts #moneyhacks

Listen here:

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Ultra-rich families – the faceless force in startup funding

From Indonesia’s Riady family to Facebook co-founder Eduardo Saverin’s EE Capital, a private wealth boom in Asia has made family offices an important source of funds for VC firms and startups.
ABSD (Trust) not intended to be a wealth tax: Chee Hong Tat

ABSD (Trust) and ACD (Trust) would also apply to instruments created outside the country, but involving properties in Singapore and with transfers received in Singapore.
GuocoLand’s Midtown Modern introduces ‘Sky-Bungalows’ at S$15.5m to S$17m each

Each of the six Sky-Bungalows is 3,616 sq ft in size, comes with five bedrooms and offers panoramic views of the city.
What is it really like as an expat in Singapore? Felix Mollinga took the plunge and found his first job here after a university exchange programme. Five years on, he looks back on his journey and shares why he chose Singapore to kickstart his career.

Watch BT’s new original video series, #GenerationHustle.

Episode 3 drops tomorrow, July 7.
More pain on the way after COEs cross S$100,000

Strong car demand has pushed up premiums, but consumers should be more wary of a tight supply.

Analyse historical COE data with The Business Times interactive tool:
5 Questions with venture builder Li Jianggan

In this latest edition of #5Questions, Momentum Works' founder and CEO Li Jianggan talks about the venture builder's journey and how his early days in ridehailing and food delivery helped shape his perspectives in tech. #BTGarage
Large GLS residential sites may help tame land prices, but also heighten risks for developers

What was the government’s intention when it decided to inject two large sites in the GLS confirmed list, where sites are released according to schedule, regardless of demand?
HDB resale prices log 24th month of increase; June prices up 11.4% from a year ago

The most expensive HDB flat resold was a 5-room DBSS unit at Natura Loft, which cost S$1.31 million. An executive apartment unit in Yishun went for S$1 million, the highest in non-mature estates.
Singapore unemployment rate flat at 2.2% in May, likelihood of downturn ‘low’

Among the 72,300 residents unemployed in May, 64,700 were citizens, said MOM.
Drop in funding is a warning to startups

The numbers are stark. Investments in US tech startups plunged 23% over the past three months, to US$62.3 billion, the steepest fall since 2019, according to figures released by PitchBook.
Building a career and life from scratch as an expat in Singapore | Gen Hustle

Dutch business designer, Felix Mollinga journeyed halfway across the world to seek new experiences as an exchange student in Lasalle. Fast forward 5 years, he’s found himself settled into the local workforce, starting his second job and immersing himself into Singaporean living. BT dives into his work, lifestyle and money habits and how his recognised privilege has shaped these attitudes.

BT’s first original video series, #GenerationHustle, explores how this generation pursue their careers and their outlook on money, work and growth.

Watch the full episode here.
Tycoon whose bet broke the nickel market walks away a billionaire

Nicknamed 'Big Shot', Xiang Guangda extricated himself from a short squeeze that rocked the global metals markets and is poised to walk away from the fiasco with his multibillion-dollar mining and steelmaking company, Tsingshan Holding Group, intact and even expanding.