The Business Times is an English-language financial daily based in Singapore currently owned by Singapore Press Holdings (SPH). It is currently the only daily newspaper in Singapore that focuses on business and financial news. Its average daily circulation (print and digital editions combined) as of August 2016 was 36,900, according to SPH. The Business Times is published as a broadsheet on weekdays, with a weekend edition that is published as a compact-sized paper. On October 8, 2016, The Business Times revamped its weekend edition, featuring its own luxury lifestyle magazine. The main newspaper section for the weekend was also rebooted.
BT started as a supplement that was distributed three times a week with The Straits Times. On Oct 1, 1976, The Business Times became a newspaper in its own right. In June 1995, BT became the first English-language newspaper in Asia to go online. By 2000, BT's website was offering news updates throughout the day. In February 2012, BT launched a sister site BTInvest, a portal focused on finance and investment. Over the course of 2012 and 2013, BT also rolled out mobile apps, for the iPhone, iPad and Android smartphones.
In October 2014, BT simultaneously refreshed its newspaper, website, tablet and smartphone apps. One big change - applied to both its print and digital products - was in how it organises the news. Previously organised by geographical markets, BT's news is now categorised by industry sectors. The paper said that this was to underline its sharpened focus on business. Sections include: Companies & Markets, Real Estate, Banking & Finance, Energy & Commodities, Technology, Consumer, Transport and Government & Economy. Another important change for the BT website was the shift to responsive web design, which ensures that the site is readable and easy to navigate on any screen. Other key changes include an emphasis on visual journalism and data-driven journalism, and the introduction of three new blogs on the website. The 2014 redesign also won BT an Award of Excellence from the Society of News Design in March 2015.
Wealth is a magazine distributed with the Business Times. Targeted at high net worth individuals and highlights issues that are relevant to them in terms of their investments, wealth structuring, philanthropy and more. Genevieve Cua is the magazine's editor.
The SME Magazine is a bi-monthly magazine distributed with The Business Times, which deals with issues close to the hearts of Singapore's SMEs and entrepreneurs. Vivien Shiao is the magazine's editor.
BTLuxe Christmas is an annual publication dedicated to the lifestyle needs of our high net worth readership, covering the fields of fashion, art, design, food, travel and more.
The Business Times organises the following annual business awards events in conjunction with various partners.
This was launched in 1985, with the Businessman of the Year Award. In 1986, the Enterprise Award was introduced to recognise small and medium-sized enterprises. In 1990, the Outstanding Manager Award was introduced to recognise professional managers. This was renamed the Outstanding Chief Executive of the Year Award in 1995. In 2005, the Outstanding Chief/Senior Executive (Overseas) Award was introduced, to recognise Singaporean CEOs working abroad. Winners of the four awards, known collectively as the Singapore Business Awards, are decided by a panel of judges drawn from the business sector, official agencies and academia.
This recognises excellence in corporate governance, with five awards: Best Managed Board, Best Chief Executive Officer, Best Chief Financial Officer Award, Best Investor Relations Award and Best Annual Report Award.
This was launched in 1995 to recognise local, privately held companies who have contributed to economic development in Singapore and abroad.
This was first launched in 2008 to recognise outstanding small and medium enterprises (SMEs) in Singapore. Winners receives prizes to support their growth and development, such as interest-free loans and professional services and training programmes
In 2005, BT adopted the Budding Artists' Fund, an initiative of The Old Parliament House (2002-2014). The fund was started with a conviction that no child should be denied the opportunity to pursue a training in the arts due to a lack of financial resources. Beneficiaries of BT BAF are trained primarily at The Little Arts Academy (LAA), which was set up in November 2008, to provide equal opportunity for all of them to be fully engaged in the arts.