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THE BUSINESS TIMES
Breakfast Brief All you need to know to start your day, right in your inbox. Today's Paper Today’s print edition of BT, delivered to 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.THE BUSINESS TIMES
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Blue Origin to begin space tourism ticket sales Wednesday. Wed, May 05, 2021 - 9:08 PM. Blue Origin, billionaire Jeff Bezos' rocket company, is poised to open up ticket sales on Wednesday for suborbital sightseeing trips on its New Shepard spacecraft, a landmark moment as US firms strive toward a new era of private commercial space travel.THE BUSINESS TIMES
Breakfast Brief All you need to know to start your day, right in your inbox. Today's Paper Today’s print edition of BT, delivered to 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.THE BUSINESS TIMES
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Blue Origin to begin space tourism ticket sales Wednesday. Wed, May 05, 2021 - 9:08 PM. Blue Origin, billionaire Jeff Bezos' rocket company, is poised to open up ticket sales on Wednesday for suborbital sightseeing trips on its New Shepard spacecraft, a landmark moment as US firms strive toward a new era of private commercial space travel. US TELLS J&J MILLIONS OF VACCINE DOSES FROM TROUBLED PLANT The Emergent plant was ordered to pause production in April several weeks after it was determined that batches of substance used to produce the J&J vaccine were cross-contaminated with ingredients from the AstraZeneca vaccine, ruining a reported 15 million J&J doses.BUSINESS TIMES
UG Healthcare posts S$34.3m Q3 net profit. IN a business update, glovemaker UG Healthcare posted a net profit of S$34.3 million for the third quarter ended March 31, 2021, almost 57 times its net profit inthe previous year.
THE BUSINESS TIMES
An Everest permit alone costs US$11,000 and climbers pay upward of US$40,000 for an expedition. But the warmer weather that ushers in safer conditions for scaling Nepal's dangerous, snow-capped peaks has coincided with a deadly second wave of Covid-19 infections, with active cases in the country rising six-fold in the last two weeks.THE BUSINESS TIMES
For luxury homes priced at S$5 million and above, the number of caveats lodged by Singaporeans jumped 44%; buyers included owner-occupiers and investors. Thu, May 13, 2021 - 5:50 AM. Fiona Lam fiolam@sph.com.sg@FionaLamBT. Owner-occupiers are turning to larger, more luxurious residential properties as many spend more time at homedue to the
THE BUSINESS TIMES
MAINBOARD-LISTED coal miner Geo Energy Resources on Wednesday reported a 9.2 per cent dip in its first-quarter net profit to US$28.3 million from US$31.4 million in the first quarter last year, but said that it "marks a strong positive start in terms of earnings from its business operations". The higher net profit over the same period last yearTHE BUSINESS TIMES
Blue Origin to begin space tourism ticket sales Wednesday. Wed, May 05, 2021 - 9:08 PM. Blue Origin, billionaire Jeff Bezos' rocket company, is poised to open up ticket sales on Wednesday for suborbital sightseeing trips on its New Shepard spacecraft, a landmark moment as US firms strive toward a new era of private commercial space travel.THE BUSINESS TIMES
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Price surge stokes en bloc hopes, but expectations gap a hurdle. "With the shortage of land supply and keener interest from developers, many potential en-bloc sale owners are exploring whether this is the right time to try again," JLL wrote. MORE properties could soon be put up for sale en bloc, as unit owners hope to cash in on resilient real WWW.BUSINESSTIMES.COM.SG www.businesstimes.com.sgTHE BUSINESS TIMES
Breakfast Brief All you need to know to start your day, right in your inbox. Today's Paper Today’s print edition of BT, delivered to 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.THE BUSINESS TIMES
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Wed, May 05, 2021 - 12:12 AM. A coalition of musicians and human rights groups urged music streaming company Spotify on Tuesday to rule out possible use of a speech recognition tool it recently developed to suggest songs - describing the technology as "creepy" and "invasive". In January, Sweden-based Spotify patented a technologythat
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Breakfast Brief All you need to know to start your day, right in your inbox. Today's Paper Today’s print edition of BT, delivered to 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.THE BUSINESS TIMES
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Wed, May 05, 2021 - 12:12 AM. A coalition of musicians and human rights groups urged music streaming company Spotify on Tuesday to rule out possible use of a speech recognition tool it recently developed to suggest songs - describing the technology as "creepy" and "invasive". In January, Sweden-based Spotify patented a technologythat
THE BUSINESS TIMES
Wealth (May 2021) SPOTLIGHT. Universal life insurance - not just a wealth protection plan. UNIVERSAL life insurance plans have long been a core feature in wealthy clients' succession and wealth planning, thanks to a number of attributes - the ability to secure a high death benefit; availability of premium financing; liquidity; and an assetthat
THE BUSINESS TIMES
An Everest permit alone costs US$11,000 and climbers pay upward of US$40,000 for an expedition. But the warmer weather that ushers in safer conditions for scaling Nepal's dangerous, snow-capped peaks has coincided with a deadly second wave of Covid-19 infections, with active cases in the country rising six-fold in the last two weeks.KEVIN RUSSELL,
Read more at The Business Times. THE confluence of the global economy re-opening, ongoing accommodative monetary policy and incremental fiscal stimulus brought about inflation concerns inTHE BUSINESS TIMES
Wed, May 05, 2021 - 12:12 AM. A coalition of musicians and human rights groups urged music streaming company Spotify on Tuesday to rule out possible use of a speech recognition tool it recently developed to suggest songs - describing the technology as "creepy" and "invasive". In January, Sweden-based Spotify patented a technologythat
THE BUSINESS TIMES
For luxury homes priced at S$5 million and above, the number of caveats lodged by Singaporeans jumped 44%; buyers included owner-occupiers and investors. Thu, May 13, 2021 - 5:50 AM. Fiona Lam fiolam@sph.com.sg@FionaLamBT. Owner-occupiers are turning to larger, more luxurious residential properties as many spend more time at homedue to the
THE BUSINESS TIMES
THE BUSINESS TIMES - Get the Latest Business & Financial News HK BUYERS MAKING STEADY INVESTMENTS IN SINGAPORE PROPERTY Singapore. HONG Kong investors are expected to continue looking at Singapore property, though no spike in interest is expected, said analysts. The number of transactions have held steady, said Christine Sun, senior vice-president of research and analytics at OrangeTee &Tie.
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Buyer from Fujian pays S$39.3m for Sentosa Cove villa. The price works out to nearly S$2,012 per square foot based on the land area of 19,550 sq ft. Thu, Apr 15, 2021 - 5:50 AM. Kalpana Rashiwala kalpana@sph.com.sg@KalpanaBT. The villa along Ocean Drive is one of fewer than 10 sea-facing bungalows on Sentosa Cove with a land areaexceeding
THE BUSINESS TIMES
Wilmar International led the Q1 2021 consideration tally, buying back 8,141,700 shares in the quarter at an average price of S$5.29. As of March 31, the leading agribusiness group had purchased 0.83 per cent of its issued shares (excluding treasury shares) on the currentmandate.
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PHOTO: REUTERS. Britain's biggest banks have made "hollow" carbon-reduction pledges and are key financiers of coal, a campaign group said in a report Tuesday ahead of the UK hosting a climate summit. Barclays, HSBC, Lloyds, NatWest and Standard Chartered provided US$56 billion to coal firms over two years to late 2020,according to
THE BUSINESS TIMES
Dennis Tay. Founder of Naiise. 14/01/2017 - 05:50. by. Tay Suan Chiang taysc@sph.com.sg@TaySuanChiangBT. Dennis Tay knew that he wanted to be an entrepreneur even before he started Naiise, the retail store for all things well-designed. He knew it before he enrolled in entrepreneurship at the Singapore Institute of Management-RMITUniversity.
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Addressing these challenges will require urgent actions and sustained commitment says Avanade. “The sole purpose of a business is to generate profits for its shareholders” - This was the thinking that the Nobel Prize-winning economist, Milton Friedman, espoused in the 1970s. Fast forward half a century later, businesses reside in a veryTHE BUSINESS TIMES
Breakfast Brief All you need to know to start your day, right in your inbox. Today's Paper Today’s print edition of BT, delivered to 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. WWW.BUSINESSTIMES.COM.SG www.businesstimes.com.sgTHE BUSINESS TIMES
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Buyer from Fujian pays S$39.3m for Sentosa Cove villa. The price works out to nearly S$2,012 per square foot based on the land area of 19,550 sq ft. Thu, Apr 15, 2021 - 5:50 AM. Kalpana Rashiwala kalpana@sph.com.sg@KalpanaBT. The villa along Ocean Drive is one of fewer than 10 sea-facing bungalows on Sentosa Cove with a land areaexceeding
THE BUSINESS TIMES
Wilmar International led the Q1 2021 consideration tally, buying back 8,141,700 shares in the quarter at an average price of S$5.29. As of March 31, the leading agribusiness group had purchased 0.83 per cent of its issued shares (excluding treasury shares) on the currentmandate.
THE BUSINESS TIMES
PHOTO: REUTERS. Britain's biggest banks have made "hollow" carbon-reduction pledges and are key financiers of coal, a campaign group said in a report Tuesday ahead of the UK hosting a climate summit. Barclays, HSBC, Lloyds, NatWest and Standard Chartered provided US$56 billion to coal firms over two years to late 2020,according to
THE BUSINESS TIMES
Dennis Tay. Founder of Naiise. 14/01/2017 - 05:50. by. Tay Suan Chiang taysc@sph.com.sg@TaySuanChiangBT. Dennis Tay knew that he wanted to be an entrepreneur even before he started Naiise, the retail store for all things well-designed. He knew it before he enrolled in entrepreneurship at the Singapore Institute of Management-RMITUniversity.
THE BUSINESS TIMES
Addressing these challenges will require urgent actions and sustained commitment says Avanade. “The sole purpose of a business is to generate profits for its shareholders” - This was the thinking that the Nobel Prize-winning economist, Milton Friedman, espoused in the 1970s. Fast forward half a century later, businesses reside in a veryTHE BUSINESS TIMES
Wealth (May 2021) SPOTLIGHT. Universal life insurance - not just a wealth protection plan. UNIVERSAL life insurance plans have long been a core feature in wealthy clients' succession and wealth planning, thanks to a number of attributes - the ability to secure a high death benefit; availability of premium financing; liquidity; and an assetthat
WWW.BUSINESSTIMES.COM.SG 3 hours ago · www.businesstimes.com.sgTHE BUSINESS TIMES
Price surge stokes en bloc hopes, but expectations gap a hurdle. "With the shortage of land supply and keener interest from developers, many potential en-bloc sale owners are exploring whether this is the right time to try again," JLL wrote. MORE properties could soon be put up for sale en bloc, as unit owners hope to cash in on resilient realTHE BUSINESS TIMES
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THE BUSINESS TIMES - Get the Latest Business & Financial News WWW.BUSINESSTIMES.COM.SG www.businesstimes.com.sg MIND THE GAP IN SINGAPORE'S RICH-POOR DIGITAL DIVIDE WHEN it comes to access and satisfaction with digital government services, Singapore remains largely divided. The city-state ranks highly overall in this aspect, but lags behind its global peers when it comes to bridging the gap between wealthy and lower-income residents. The government will also need to address issues of trust indata management.
THE BUSINESS TIMES
THE BUSINESS TIMES - Get the Latest Business & Financial NewsTHE BUSINESS TIMES
THE BUSINESS TIMES - Get the Latest Business & Financial News WWW.BUSINESSTIMES.COM.SG www.businesstimes.com.sg MIND THE GAP IN SINGAPORE'S RICH-POOR DIGITAL DIVIDE WHEN it comes to access and satisfaction with digital government services, Singapore remains largely divided. The city-state ranks highly overall in this aspect, but lags behind its global peers when it comes to bridging the gap between wealthy and lower-income residents. The government will also need to address issues of trust indata management.
WWW.BUSINESSTIMES.COM.SG 3 hours ago · www.businesstimes.com.sgBUSINESS TIMES
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Home > Government & Economy SINGAPORE BANS SHORT-TERM TRAVELLERS FROM DAEGU, CHEONGDO Tue, Feb 25, 2020 - 6:49 PM Singapore is refusing entry to all new visitors with recent travel history to Daegu and Cheongdo in South Korea within the last 14 days, even as it announced a breakthrough on Tuesday in what's believed to be the first use of serological testing to uncover links between existing coronavirus clusters here. ST PHOTO: LIM YAOHUI SINGAPORE is refusing entry to all new visitors with recent travel history to Daegu and Cheongdo in South Korea within the last 14 days, even as it announced a breakthrough on Tuesday in what's believed to be the first use of serological testing to uncover links between existing coronavirus clusters here. The serological testing, a type of blood test that looks for antibodies, was used on two suspect cases - 83 and 91 - to determine if they had virus-specific antibodies in their blood, Singapore's Ministry of Health (MOH) said in a statement. This is because the standard laboratory test for Covid-19 infections - a molecular test called Polymerase Chain Reaction (PCR) - will not work on patients who have recovered and whose immune system has cleared the virus, MOH said. However, the immune system produces antibodies in response to the infection, and these virus-specific antibodies could stay with the recovered patient for several years, the ministry said. Developed by a research team at Duke-NUS Medical School, it is believed to be the first time in the world serological testing is used in the context of contact tracing for Covid-19.SEE ALSO
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With the assistance of the Singapore Police Force, this has helped the ministry link the clusters at Life Church and Missions service on Jan 19, a Chinese New Year family gathering at Mei Hwan Drive on Jan 25, and Grace Assembly of God activities between Jan 29 and Feb 9. This is because Cases 83 and 91 were present at the Life Church and Missions service and the Chinese New Year gathering at Mei Hwan Drive. "While we have seen the number of new cases here in Singapore remain low for the last few days, we must be aware that the global situation remains dynamic and we cannot afford to be complacent," Gan Kim Yong, Health Minister and co-chair of a multi-ministry taskforce set up to deal with the coronavirus outbreak, said at a press conference on Tuesday evening, noting the sudden increasing cases in South Korea,Italy and Iran.
With South Korea now seeing the largest number of cases outside China, Lawrence Wong, National Development Minister and co-chair of the multi-ministry taskforce, said the authorities have decided to take additional precautions for travellers coming from Cheongdo and Daegu, the two cities with the highest number of cases. The restriction kicks in from Feb 26 at 11.59pm. As at 12pm on Feb 25, South Korea has reported 893 confirmed cases of Covid-19 infection, of which 501 are from Daegu and 113 from Cheongdo. The restriction comes after a Feb 23 travel advisory from MOH for Singaporeans to defer non-essential travel to Daegu and Cheongdo, and is similar to what the Republic has put in place for short-term travellers from China. Mr Wong said a more stringent restriction on travellers from the whole of South Korea may be imposed if the virus spreads beyond the twocities.
Returning residents and long-term pass holders will be placed on Stay-Home Notice, he added.Stay updated
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GOVERNMENT & ECONOMY US POSTPONES SUMMIT WITH ASEAN LEADERS AMID CORONAVIRUS FEARS:SOURCES
VIRUS SLOWS CHINA'S MAJOR PROJECTS IN ASIA CHINA'S FACTORY ACTIVITY POSTS RECORD CONTRACTION AS CORONAVIRUSBITES
SOUTH KOREA REPORTS 594 MORE CORONAVIRUS CASES, TOTAL 2,931 CHINA REPORTS 47 MORE CORONAVIRUS DEATHS US TO PUSH PRODUCTION OF PROTECTIVE GEAR FOR CORONAVIRUS Facebook LinkedIn Twitter Pinterest Reddit Email PrintBREAKING NEWS
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