The Business Times

South Korea lifts most Covid precautions as new cases dip to 2-month low A midnight curfew on restaurants and other businesses was scrapped, along with a cap of 10 people allowed to gather. From next week, people will be…

Singapore's highly automated 5th desalination plant opens on Jurong Island Equipped with the latest proven water technologies, the new plant can produce up to 30 million gallons, or 137,000 cubic metres of water daily, t…

Asean logistics sector could get tech boost as Alibaba unit looks to region for growth Observers say that fast-growing South-east Asia is a natural port of call for Alibaba's Cainiao network arm, as growth slows amid gra…

Sixth Avenue Centre relaunched for collective sale at S$85m reserve price Cushman & Wakefield had originally launched a tender for Sixth Avenue Centre in November 2021. Previously, the property had also been put up for c…

Shanghai targets lockdown turning point by Wednesday; unveils business restart plan "The State Council Working Group, the municipal party committee and municipal government have asked that the turning point of the epidem…

Lakepoint condo up for en bloc again with unchanged S$640m reserve price The last tender had closed without a bid on Dec 22, 2021. Owners of the Jurong condominium development then entered a “private treaty negotiation p…

Singapore exports grow by 7.7% in March as gold shipments lift trade ESG highlighted higher exports of non-monetary gold, which was higher by 86.5 per cent year on year; pharmaceuticals (17.9 per cent); and measuring ins…

Singaporeans expect headline inflation will rise to 9-year high at 4.1%: poll After adjusting for potential behavioural biases, overall headline inflation expectations increased to 5.7 per cent in March 2022 from 3.1 per…

#Topline: GSS Energy amps up electric dreams with motorbike venture Group CEO Sydney Yeung said the SGX-listed firm's ambitions in the EV market extend far beyond having its electric motorcycles zipping around the roads…

Amazon 5% fuel-inflation fee has sellers poised to raise prices The surcharge, which is scheduled to kick in on Apr 28, will apply to US sellers who use the Fulfillment by Amazon service that stows, packs and ships produ…

Singapore aims to be Asia’s busiest international airport Most of the shops at the two Changi terminals that are operating have reopened and business partners like SIA and ground handling and catering outfit SATS are hir…

Container ship stranded for a month off US coast refloated The Ever Forward, owned by the Taiwan-based company Evergreen, became lodged in some 20 feet (6 metres) of mud a few hundred yards from shore on the night of Mar…

#BTLifestyle: 20-something-year-old Singapore brothers start watch retail store that earns S$29m in revenue in a year One of the headlining stories in the Spring edition of #BTLuxe is Jarod, 25, and Joses Ng, 22, founder…

Mercedes EV breaks 1,000-km range barrier to outdo Tesla The EQXX prototype rode from Sindelfingen near Stuttgart via Switzerland and Italy to the Mediterranean coastal town of Cassis on a single charge.

#BTLifestyle: Dilmah chooses Singapore for worldwide launch of new iced tea series Why? Dilmah CEO Dilhan Fernando says Singaporeans are among the world's most discerning consumers of iced tea. "... in some countries, I…

More Chinese cities impose Covid curbs as Shanghai cases rise The Zhengzhou Airport Economic Zone, a central Chinese manufacturing area that includes Apple supplier Foxconn, announced a 14-day lockdown on Friday "to be a…

Ride-hailing service Ryde expands crypto payment option to over 70 cryptocurrencies, launches first NFT Ryde users will be able to choose from over 70 currencies and 10 different blockchain networks to top up their in-ap…

Property listcos have more women chairing their boards than those in other sectors This is the case for close to 18 per cent of real estate firms and Reits, as compared with 7 per cent of all SGX-listed companies, as at…

#BTOpinion: Immune to Covid? It's possible — but a medical mystery "People who should be vulnerable are not getting infected, and those who should be immune to Omicron are getting re-infected. And the data from a challen…

China's anti-corruption watchdog involved in probe of Jack Ma's Ant The Central Commission for Discipline Inspection was seeking to understand the influence of Ma's fintech empire and the extent of its transactions with…

#BTLifestyle: New Tanglin Road restaurant White Marble serves up Mediterranean hotel fare Have no expectations at White Marble and it will sell you no lies, notes our resident food reviewer and BT Lifestyle editor Jaime…

Mystery sarcophagus found in Notre-Dame to be opened During preparatory work to rebuild the church's ancient spire last month, workers found the well-preserved sarcophagus buried more than a metre underground, lying amon…

Twitter adopts 'poison pill' as challenger to Musk emerges The move would not bar Musk from taking his offer directly to Twitter shareholders by launching a tender offer. While the poison pill would prevent most Twitter…

Oil traders to cut Russian oil purchases from May 15: sources The EU has not imposed a ban on imports of Russian oil in response to Russia's invasion of Ukraine, because some countries such as Germany are heavily depende…

#BTLifestyle: Meet the OG Omega watch fan — and his epic collection that is one of the most talked-about in Singapore One of the headlining stories in the Spring edition of #BTLuxe is George Tan, founder of the Omega Wat…

#BTOpinion: Why I am averse to investing in the Chinese tech leaders In this week's #SenseandCents, BT's Leslie Yee posits that the power of executive action in China is such that profitable online businesses can be swif…

Lawrence Wong clear choice to helm PAP's 4G leadership, with 15 of 19 stakeholders backing him PM Lee also said he will discuss the next steps, including the PAP’s strategy for the next parliamentary election and when to…

MAS could further tighten monetary policy in October despite April's double tightening This, economists predict, amid persistent inflation through 2022 that the authorities said could trend above the historical average.…

Sniff of Musk draws hordes of Elon devotees to Twitter Following the world's richest person's audacious bid to purchase the company for US$43 billion, Twitter was the most-purchased stock on Fidelity's list of buy and se…

South Korea to lift most Covid curbs from next week as Omicron wanes From April 18, the midnight curfew on restaurants and other businesses will be scrapped, along with the cap on private gatherings which was set at 10.…