The Straits Times - March 29, 2023
The Straits Times - March 29, 2023
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In this issue
March 29, 2023
Condo resale activity picks up after four months of decline
The condominium resale market picked up pace in February, following the Chinese New Year seasonal lull period the month before, with prices rising 1.4 per cent.
3 mins
S'pore-China project in Guangzhou to speed up expansion
Move to help S’pore companies eager to get back into Chinese market post-pandemic
2 mins
Flammable vapours caused blast at Audi service centre: WSH Council
Preliminary investigations have shown that an explosion at an Audi service centre earlier in March was caused by the accumulation of flammable vapours in a waste oil tank placed inside a lift motor room, the Workplace Safety and Health (WSH) Council said on Monday.
1 min
Beijing gave out $319b in bailout loans over past 20 years: Report
China has handed out US$240 billion (S$319 billion) worth of bailout loans to 22 developing countries at risk of default over the past two decades, with the trend accelerating in recent years, a report said on Tuesday.
1 min
One-stop service for commuters with merger of EZ-Link, TransitLink apps
LTA plans to combine its two subsidiaries into single entity in second half of 2024
2 mins
DPM Wong urges public servants to be candid in sharing views
With robust debate, decisions can be made based on best collective judgment, he says
3 mins
Kim threatens nuclear use as US aircraft carrier arrives in S. Korea
North Korean leader Kim Jong Un said his country is ready to use nuclear weapons \"any time and anywhere\", delivering a new threat as a US aircraft carrier group arrived in South Korea.
2 mins
US private school becomes latest mass killing scene
Three children and three adults are shot dead at school that celebrates childhood’
3 mins
Malaysia tables Bills to end mandatory death penalty
More than 1,300 people on death row in Malaysia have been handed a chance to escape the gallows.
2 mins
Brain gain for India as more techies return from US
Layoffs in America, growth opportunities back home among factors fuelling trend
5 mins
Apple farmers in Indonesia feel the heat of climate change
Harvests in East Java’s apple heartland falling amid rising temperatures, rainfall
3 mins
Xi speaks to Saudi Crown Prince, backs follow-up talks with Iran
Chinese President Xi Jinping spoke by phone with Saudi Crown Prince Mohammed bin Salman Al Saud, discussing a wide range of subjects, including supporting follow-up talks between Saudi Arabia and Iran, state media CCTV reported on Tuesday.
1 min
India's opposition parties unite in demanding Gandhi's return as MP
Groups usually at odds see conviction as attempt to silence criticism of Modi
2 mins
Malaysia seeks more Stem students, engineers to drive tech ambitions
Govt aims to draw high-quality investment in Stem sectors to create jobs, raise salaries
2 mins
Mahathir gives Anwar 7 days to retract 'slanderous' claims or face legal action
Former Malaysian premier Mahathir Mohamad has demanded that Prime Minister Anwar Ibrahim retract \"slanderous\" claims that he had enriched himself and his family while in power.
2 mins
Zelensky accuses Russia of 'radiation blackmail' at nuclear power plant
Ukraine leader says safety at Zaporizhzhia station can’t be assured until Russians leave
3 mins
Moscow says drone attacks on its energy infrastructure a key threat
Possible drone attacks against key energy infrastructure are a serious threat to Russia's energy security, Energy Minister Nikolai Shulginov said on Tuesday.
1 min
US bans govt use of commercial spyware seen as security risk
US President Joe Biden on Monday signed a ban on government use of commercial spyware technology like the controversial Pegasus programme, citing its use for political oppression in countries around the world.
2 mins
TikTok is like China's 'Trojan horse', says top US cyber official
The head of the US National Security Agency's cyber security directorate on Monday said TikTok represents a \"strategic issue\" rather than an immediate \"tactical\" threat to the United States.
1 min
Biden to meet Netanyahu in Washington, says US envoy
US President Joe Biden plans to host Israeli Prime Minister Benjamin Netanyahu in Washington in the coming months, The New York Times reported on Tuesday, citing US Ambassador to Israel Thomas Nides.
2 mins
Israeli protesters sceptical over pause on judicial reforms
Activists say they will continue holding rallies until judicial coup’ is completely stopped
3 mins
French govt rejects new union call to rethink pension law
French President Emmanuel Macron's government on Tuesday rejected a new demand by unions to rethink a deeply unpopular pension law, infuriating labour leaders who said the government must find a way out of the crisis.
2 mins
UK vegetable shortage could worsen as imports, local production fall
Britons already reeling from the biggest rise in food prices since 1977 may have to get used to shortages of fresh vegetables as soaring costs and unpredictable weather hit domestic production.
3 mins
Scotland's first Muslim leader vows to win independence
Hopes on Humza Yousaf to unite party after Sturgeon’s controversial tenure
3 mins
Exposure to Stem careers will attract more women to sector: Sun Xueling
Industry should work with schools, parents to paint more accurate picture of Stem careers
2 mins
Bitcoin seller loses lawsuit over deal involving $320,000 in cash
A face-to-face transaction to sell $320,000 worth of Bitcoin went awry when a quarrel broke out over who was entitled to the cash after the buyer denied having received the cryptocurrency, despite the Bitcoin network confirming the transfer.
3 mins
Walt Disney begins process of cutting 7,000 jobs
Walt Disney Co on Monday began the 7,000 layoff exercise announced earlier in 2023, as it seeks to control costs and create a more \"streamlined\" business, according to a letter chief executive officer Bob Iger sent to employees and seen by Reuters.
2 mins
Red Bull family's $10b boom tops all Asia dynasties
The return to normal life after Covid-19 has thrown up some big winners, like the world's most popular energy drink - and the family that brought it into being.
3 mins
City Energy's store showcases features of green smart home
Plaza Singapura shop lets customers experience tech that helps limit energy use
2 mins
Alibaba to split into six units and explore new IPOs in historic overhaul
Alibaba Group Holding plans to split its US$220 billion (S$292 billion) empire into six units that will individually raise funds and explore initial public offerings (IPOS), in the biggest overhaul of China's online commerce leader since its inception more than two decades ago.
2 mins
Luxury brand stocks gaining popularity among investors
Interest fuelled by their stability amid market volatility and growth potential
4 mins
Grim outlook for Asia-Pac private equity in 2023: Report
Macroeconomic weakness top concern now as last year’s regional deal value drops 44%
3 mins
$200m food logistics facility to be ready by end-2025
It can store up to 80 million kg of food, and is expected to create 130 new logistics jobs
2 mins
Narendra Modi's BJP hands opposition a useful sword
The removal of Rahul Gandhi from Parliament has already had the effect of rallying the opposition
7 mins
Blocking the Louvre will not defuse pension issue
Demographic denial is on the rise as the European continent turns greyer
3 mins
Israel's democratic credentials face more tests ahead
Protests against Netanyahu's attempt to neuter the judiciary are laudable, but not enough
3 mins
JOKIC UPSET NUGGETS LET SIXERS RALLY
Denver lead by 20 in fourth quarter, but nearly lose against rivals missing Embiid, Harden
2 mins
LIKE A VACATION: TSITSIPAS
Greek finally gets Miami campaign off with a win, after first-round bye and a walkover
2 mins
IOC sees return of Russians even as fencers protest
The International Olympic Committee (IOC) on Tuesday issued recommendations for the gradual return to international competitions for Russian and Belarusian athletes, with president Thomas Bach saying their participation \"works\" despite the ongoing war in Ukraine.
2 mins
Fifa increases World Cup compensation to $470m
Fifa's compensation to be paid to clubs who release players for the men's World Cup has been increased by nearly 70 per cent to US$355 million (S$472.7 million) for the 2026 and 2030 tournaments, the global football governing body and the European Club Association (ECA) said on Monday.
2 mins
The Straits Times Newspaper Description:
Publisher: SPH Media Limited
Category: Newspaper
Language: English
Frequency: Daily
Unlock your access to award-winning journalism on Singapore and the world. With bureaus in major cities around the world, The Straits Times correspondents bring world news to readers on a Singapore platter, helping them appreciate world events from a Singaporean perspective.
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