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☆ Singapore's economic losses due to heat stress could nearly double to over $1.5 billion in 2035
▼ + stars: | 2024-04-03 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Singapore's economic losses due to heat stress could nearly double to $1.64 billion in 2035 from pre-pandemic 2018 due to a decline in labor productivity, a recent study by the National University of Singapore showed. Back in 2018, heat strain caused an 11.3% fall in average productivity across Singapore's four big economic sectors — services, construction, manufacturing and agriculture. Fall in productivity is expected to rise to 14% in 2035, leading to an economic loss of S$2.22 billion ($1.64 billion), after adjusting for inflation, the NUS Project HeatSafe report said. The loss will be significantly higher for workers exposed to adverse environmental conditions — those working working under the sun, or being exposed to other sources of heat such as machineries. Last July, United Nations' Secretary-General Antonio Guterres cautioned that the world has moved away from global warming to "an era of global boiling."

Persons: Natalia Borzino, Antonio Guterres Organizations: National University of Singapore, NUS, ETH, United Nations Locations: Singapore

Hold all traffic on the Key Bridge," the officer said. Police block off an entrance to the Francis Scott Key Bridge in Baltimore, Maryland, on March 29, 2024. "When they made that call, the bridge attendants did a remarkable job of stopping flow of traffic on each end. And that's what truly saved lives. Rescuers pulled two people — and two bodies — from the frigid river after the Francis Scott Key Bridge collapsed.

Persons: —, Baltimore's Francis Scott Key, Francis Scott Key, Scott Olson, Kevin Battle, Eric Dawicki, Dawicki, Andy Middleton, Middleton, James Staples, Kevin Dietsch, Philip Schifflin, Michael Campbell, it's, Dali, I've, Campbell Organizations: Police, Service, Baltimore Port Authority police, Rescue, Northeast Maritime Institute, Walmart, Maritime, Port Authority of, Rescuers, Center, Mariner, Seaman's Church Institute, The Telegraph, Massachusetts Maritime Academy, BI Locations: Baltimore, Singapore, that's, Baltimore , Maryland, Patapsco, Portland Harbor, Maine, Port Authority of Singapore, Europe

NTSB crews used the ship’s voyage data recorder, or VDR, to piece together a rough timeline of events leading up to the collision. But it will take months for them to gather the piles of physical evidence, maintenance records, ship data and witness interviews required to deliver a full report, Homendy said. • 01:24:59 a.m.: Numerous audible alarms were recorded on the ship’s bridge audio. • 01:26:39 a.m.: The ship’s pilot made a general very high frequency (VHF) radio call for tugboats in the vicinity to assist the vessel. • Around 01:27:04 a.m.: The pilot ordered that the ship’s port anchor be dropped and issued additional steering commands.

Persons: Baltimore’s Francis Scott Key, Jennifer Homendy, Marcel Muise, Investigators, Homendy, “, who’ve, ” Homendy, James Wallace, Peter Gautier, Divers, Roland L, Butler Jr, Pete Buttigieg, Alejandro Hernandez Fuentes, Dorlian Ronial Castillo Cabrera, Butler, ”, Miguel Luna, Maynor, Andrés Manuel López Obrador, CNN’s Tori B, Powell, Sarah Engel, Elise Hammond, Curt Devine, Casey Tolan, Isabelle Chapman, Daniel Medina, Sahar Akbarzai, Melissa Alonso, Hande Atay Alam, Lucas Lilieholm Organizations: CNN, Transportation, NTSB, Port, Fort McHenry, Maryland Transportation Authority, •, US Coast Guard, Maritime, Port Authority, Baltimore City Fire, Coast Guard, Ministry of Foreign Affairs Locations: Seagirt, Port of Boston, Maryland, Singapore, Baltimore, Patapsco, Mexico, Guatemala, Camotán, Mexican

☆ Eva Mendes and Ryan Gosling had a 'non-verbal agreement' about who stays home with the kids. That's probably not going to work for you, experts say.
▼ + stars: | 2024-03-28 | by ( Amanda Goh | ) www.businessinsider.com time to read: +5 min

Read previewEva Mendes says she and Ryan Gosling had a "non-verbal agreement" that she would step back from her acting career to stay at home with their children when they decided to have kids. Mendes and Gosling started dating in 2011 after meeting on set while filming "The Place Beyond the Pines." "It was almost just like a non-verbal agreement that it was like, 'Ok, he's going to work and I'm going to work, I'm just going to work here,'" Mendes said. "First of all, it's very likely Eva Mendes and Ryan Gosling reached the agreement based on a fair, egalitarian discussion and decision-making," she said. Every couple is differentHowever, not everyone can afford to be like Mendes and Gosling, and have one partner focus almost entirely on raising kids.

Persons: —, Eva Mendes, Ryan Gosling, " Mendes, Mendes, Gosling, They've, Esmeralda, I'm, Mendes hasn't, doesn't, Mu Zheng, Eva, Ryan, Amie Leadingham, Leadingham, Kenneth Tan, Tan, it's Organizations: Service, Business, Variety, National University of Singapore, Singapore Management University

Tokyo's Sézanne is the newly crowned winner of "Asia's 50 Best Restaurants 2024" list. The two Michelin-starred neo-classical French restaurant, located on the 7th floor of the Four Seasons Hotel Tokyo at Marunouchi, climbed from No. Japan had nine restaurants make this year's list, as did the small city-state of Singapore. Odette, which has been in the top 10 list since 2017, is still the highest-ranking restaurant in Singapore (No. Restaurants on the top 50 list are dispersed among 19 cities in Asia.

Persons: Singapore —, Seroja, Les Amis, Gaggan Anand, Le Du Organizations: Michelin Locations: Marunouchi, Japan, Singapore, China, Hong Kong, Shanghai, Macao, Asia, Bangkok

☆ Black box recovered from cargo ship that crashed into Baltimore bridge could help uncover what went wrong
▼ + stars: | 2024-03-27 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

A black box has been recovered from the ship that crashed into a Baltimore bridge. The Dali, a Singapore-flagged cargo ship, hit Baltimore's Francis Scott Key Bridge early Tuesday. AdvertisementWhat exactly went wrong to cause the Baltimore bridge collapse this week? Officials on Wednesday recovered the ship's black box data recorder, which could help investigators piece together what caused the crash. The Singapore-flagged Dali cargo ship crashed into the Francis Scott Key Bridge in Baltimore, Maryland, early Tuesday morning, causing it to collapse.

Persons: Dali, Baltimore's Francis Scott Key, —, Jennifer Homendy, Guy Platten —, Francis Scott Key, Wes Moore, James Wallace, Shannon Gilreath Organizations: Baltimore's Francis Scott Key Bridge, Service, Transportation Safety Board, CBS News, International Chamber of Shipping, Bloomberg, Bloomberg Radio, Baltimore, Maritime, Port Authority, Synergy Marine, Baltimore Fire Department, US Coast Guard Locations: Baltimore, Singapore, Baltimore , Maryland, Colombo, Sri Lanka, Maryland, Asia Pacific

☆ The Baltimore bridge collapse raised questions about key safety features — experts say better ones may not have helped
▼ + stars: | 2024-03-27 | by ( Matthew Loh | Marianne Guenot | ) www.businessinsider.com time to read: +7 min

The Francis Key Bridge collapse has ignited debates about the safety of America's infrastructure. AdvertisementThe 984-foot container ship that caused the Francis Scott Key Bridge to collapse has raised questions about whether the structure could have been saved. AdvertisementAs the city grapples with the fallout, discussions have started to grow around the bridge collapse. A bridge engineering expert also pointed them out to the Sydney Morning Herald in an article discussing whether a similar bridge collapse could happen in Australia. Gao said that more robust protections "could have potentially prevented the bridge collapse."

Persons: Francis Key, —, Francis Scott Key, Dali, Donna Deegan, Colin Caprani, Mimi Gao, Donald O, Francis Scott Bridge, BRENDAN SMIALOWSKI, Wes Moore, Pete Buttigieg, Gao, Tim Broyd, Broyd Organizations: Service, Dolphins, Jacksonville, Dame, Sydney Morning Herald, Sunshine, Singapore Chamber of, Ships, New York Times, Getty, Maritime, Port Authority, Maryland Gov, University College London, UK's, of Civil Engineers, Engineers Locations: Singapore, Port, Baltimore, Florida, Australia, Port of Baltimore, AFP

☆ This small Southeast Asian country has 'engineered' a society that lives to 100 – here's how
▼ + stars: | 2024-03-27 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Blue zones are places that have 10 times more centenarians compared to the U.S. on a per capita basis. While the original blue zones came about by natural circumstances, blue zones 2.0 are man-made. "The old blue zones are disappearing because they're becoming Americanized," Buettner said. Keep loved ones closeResearch shows that people in blue zones tend to prioritize their loved ones and keep them nearby. Accessible health careSingaporeans enjoy universal health care which means residents have access to quality medical care, including health services such as prevention, treatment, rehabilitation and palliative care.

Persons: Koh Sze Kiat, Dan Buettner, Loma, Buettner, That's, Grant, Lee Kuan Yew Organizations: Getty Images Singapore, CNBC, Loma Linda, National Geographic, National Institute of Aging, Toyota Camry, Research, Pew Research Center, Pew, Health Locations: Singapore, Greece, Okinawa, Japan, Costa Rica, Sardinia, Italy, United States, walkability, U.S, America

☆ The Dali, the ship that brought down the Baltimore bridge, ran into a problem with its propulsion system months before the crash
▼ + stars: | 2024-03-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

The ship that struck a key bridge on Tuesday was reported to have an issue with its propulsion in June. The Dali lost propulsion on Tuesday, but it's unclear if this was related to the June issue. AdvertisementThe 984-foot container vessel that lost power and crashed into the Francis Scott Key Bridge on Tuesday had issues with its propulsion system just months before, records show. AdvertisementClay Diamond, the executive director of the American Pilots' Association, told The Washington Post that the Dali lost power at around 1:20 a.m., around eight minutes before the crash. AdvertisementThe Francis Scott Key Bridge was Baltimore's biggest bridge, and the loss of such critical infrastructure will likely cause supply chain issues across multiple industries.

Persons: Dali, —, Francis Scott Key, Wes Moore, it's, Clay Diamond, Diamond, We've, BI's Dominic Reuter, BI's Erin Snodgrass Organizations: Service, Port Authority, Synergy Marine, American Pilots ' Association, Washington Post, USA, REUTERS Authorities, Business, Maryland Transport Authority, Port, Maersk Locations: Singapore, Patapsco, Baltimore, Maryland, Asia Pacific, San Antonio, Chile, Harford County, Antwerp, Port, Port of Baltimore, Danish, Copenhagen

☆ Dispatch audio reveals the intense moment on-site officers realized a 984-ft ship was about to crash into Baltimore's biggest bridge
▼ + stars: | 2024-03-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The bridge in Baltimore fell into the Patapsco River on Tuesday after a 984-foot ship crashed into it. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Hold all traffic on the key bridge," the officer said. "10-4, all traffic on the key bridge is down, we got workers in the water," he said. The collapse of the Francis Scott Key Bridge is likely to cause major disruptions to the supply chains of multiple industries, with about 11.3 million vehicles using the bridge annually.

Persons: —, Francis Scott Key, Dali, Wes Moore, " Moore, BI's Dominic Reuter Organizations: Authorities, Service, Maryland Transportation Authority Police, Business, YouTube, Washington Post, Maritime, Port Authority, US Coast Guard, Maryland Gov, MTA Police, Reuters Locations: Baltimore, Patapsco, Singapore, that's, —, Port

☆ Here's what we know about the Singapore-flagged container ship that hit the Baltimore bridge
▼ + stars: | 2024-03-27 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

The Key Bridge was hit by a ship and collapsed on March 26, 2024. The incident, which has wreaked havoc at one of the country's busiest ports and sparked fears about supply chain disruption, has raised questions about the Singapore-flagged container ship involved. In an aerial view, cargo ship Dali is seen after running into and collapsing the Francis Scott Key Bridge on March 26, 2024 in Baltimore, Maryland. Tasos Katopodis | Getty ImagesHowever, Singapore's port authority on Wednesday said that the container ship had passed overseas inspections and carried certificates to cover its structural integrity and functionality at the time of the Baltimore bridge incident. In the June inspection, the container ship was found to have had a faulty monitor gauge for fuel pressure, but this was fixed before the vessel departed the port.

Persons: Francis, Dali, Wes Moore, Moore, Francis Scott Key, Tasos Katopodis Organizations: Washington Post, The Washington Post, Getty, Bridge, Maryland, NBC, Francis Scott Key Bridge, Port Authority Locations: Baltimore, Patapsco, Singapore, Sri Lanka, Belgium's Port of Antwerp, Europe, San Antonio, Chile, Baltimore , Maryland

☆ What we know about the Baltimore bridge collapse
▼ + stars: | 2024-03-26 | by ( Holly Yan | ) edition.cnn.com time to read: +5 min

CNN —A massive cargo ship plowed into Baltimore’s Francis Scott Key Bridge early Tuesday, causing the 1.6-mile bridge to crumble like a pile of toothpicks and plunge cars and people into the frigid water below. Here’s what we know about the catastrophe:Why did the bridge collapse? The Patapsco River is about 50 feet deep under the Francis Scott Key Bridge, Wiedefeld said. The water temperature in Baltimore Harbor near the site of the bridge collapse was about 46 to 48 degrees Fahrenheit on Tuesday morning. The Francis Scott Key Bridge lies in shambles after a massive cargo ship crashed into one of its pillars overnight in Baltimore.

Persons: Francis Scott Key, DALI, Dali, Wes Moore, it’s, Paul J, Wiedefeld, “, ” Wiedefeld, James Wallace, ”, It’s, Andrew McCabe, ” McCabe, McCabe, we’ve, Akbarzai, Andy Rose, Derek van Dam, Monica Garrett, AnneClaire Stapleton, Louis Mian Organizations: CNN, Francis Scott Key Bridge, Maritime, Port Authority, Synergy Marine, Ltd, Maryland Gov, Maryland Transportation, Baltimore City Fire, Sonar, Synergy Group, National Weather Service, Reuters, University of Minnesota, FBI Locations: Singapore, Maryland, Patapsco, Baltimore, “, Baltimore Harbor, Harford County

☆ Rural men in China say they're too poor to afford the massive dowries expected of them. People on social media say it's just an excuse.
▼ + stars: | 2024-03-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Read previewA Chinese state media report about rural men struggling to afford exorbitant dowries has triggered backlash online from people who say the bachelors are missing the point. State-run outlet Legal Daily published an article on Monday covering the dating lives of three rural men in their early 30s, who said they can no longer keep up with rising "betrothal prices." Many accounts, who listed themselves as female on their profiles, say men are using the unattainable dowries as an excuse for their undesirability as partners. It's not about the dowries, people sayRising dowries have unsettled Chinese officials already fretting about plummeting national birth and marriage rates. AdvertisementMeanwhile, it's become increasingly clear that officials are concerned by the growing prevalence of singlehood among rural men, with state media often discussing such bachelors leading loveless lives.

Persons: —, Cheng Wei, Mu Zheng, Mu, It's, shouldn't, it's, loveless Organizations: Service, Business, National University of Singapore, Monday, BI, dowries Locations: Jiangxi, Weibo, China, Beijing

☆ Baltimore key bridge collapse: Recovery efforts continue for 6 presumed dead after Baltimore bridge collapse as investigation gets underway
▼ + stars: | 2024-03-26 | by ( Elizabeth Wolfe | Yahya Abou-Ghazala | ) edition.cnn.com time to read: +10 min

Recovery efforts are now underway for the missing people, who are presumed dead. People from El Salvador, Guatemala and Mexico among the missing: Miguel Luna, an immigrant from El Salvador, has been identified as one of the missing, according to the nonprofit Miguel Luna, an immigrant from El Salvador, has been identified as one of the missing, according to the nonprofit CASA . Ship blacked out before crash: Just minutes before impact, there was a “total blackout” of engine and electrical power on the ship, according to Clay Diamond, executive director of the American Pilots Association. Eight construction workers were believed to be mending potholes on the bridge when it fell, according to officials. A specialized team will also determine who was controlling the vessel and who was on the ship’s bridge at the time of the crash, she said.

Persons: Francis Scott Key, James Wallace, Wes Moore, “ We’re, Jennifer Homendy, Richard Worley, Miguel Luna, Petén, Clay Diamond, Diamond, “ It’s, ”, Pete Buttigieg, Joe Biden, US Sen, Chris Van Hollen, Buttigieg, Luna, DALI, “, ” Moore, Dali, Tasos Katopodis, Moore, CNN’s Melissa Alonso, Flora Charner, Sarah Engel, Jack Forrest, Allison Gordon, Elise Hammond, Jennifer Henderson, Betsy Klein, Jamiel Lynch, Sean Lyngaas, Mary Kay Mallonee, Lauren Mascarenhas, Pete Muntean, Tori B, Powell, Rachel Ramirez, Amy Simonson, Aditi Sangal, Michael Williams Organizations: CNN, US Coast Guard, Baltimore City Fire, Divers, Maryland Gov, Guard, Transportation Safety, National Transportation Safety, Baltimore Police, CASA, The Ministry of Foreign Affairs, Mexican Embassy, American Pilots Association, Reconstruction, Vital, Transportation, El, Maritime, Port Authority of, Infrastructure Security Agency, Coast Guard, for Disease Control, Gov, Association of Maryland Pilots, ”, NTSB Locations: Baltimore, ”, El Salvador, Guatemala, Mexico, San Luis, Camotán, Washington, US, Patapsco, El Salvadoran, Maryland, Port Authority of Singapore

☆ Meet the executive who found his calling in Singapore restoring hearing for millions
▼ + stars: | 2024-03-25 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

He runs manufacturing operations at WS Audiology, a global leader in the hearing aid industry. During my recent visit to WSA's regional headquarters in Singapore, I met with Marcin Dabrowski, director of manufacturing. In 2019, he jumped at the opportunity to join hearing aid manufacturing at the WSA Singapore headquarters, where he also relocated with his family. Starting as a senior manager, he quickly rose to a position overseeing manufacturing operations at the Singapore facility, where he manages WSA's global product volume. He's immensely proud of the awareness his work and WSA's mission have brought to the millions of people worldwide facing hearing loss.

Persons: Marcin Dabrowski, Kris LeBoutillier, he's, Dabrowski Organizations: WS Audiology, WSA, WSA Singapore, Changi, ExploreAI, Insider Studios, Singapore Economic Development Board Locations: Poland, Singapore, Asia, Denmark, Germany, Asia Pacific, Philippines

☆ Singapore's former transport minister S Iswaran slapped with 8 new charges
▼ + stars: | 2024-03-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

S. Iswaran, Singapore's transport minister, leaves the Singapore State Courts in Singapore, on Thursday, Jan. 18, 2024. Iswaran was charged with corruption, the latest development in the biggest political scandal to hit the city state in close to four decades. Photographer: Ore Huiying/Bloomberg via Getty ImagesSingapore's former Transport Minister S Iswaran was handed eight additional charges in court on Monday, bringing the total number of charges against him to 35. In January, Iswaran was handed 27 charges, including corruption — he pleaded not guilty to those charges. A statement from Singapore's anti-graft watchdog said the alleged offences were committed between November 2021 and November 2022, and was in connection with Iswaran's official function as Minister for Transport.

Persons: Iswaran, —, Lum Kok Organizations: Courts, Bloomberg, Getty, Singapore, Transport Locations: Singapore, Australia, Brompton

☆ At 23, she landed a job at a 3-star Michelin restaurant. Less than 2 years later, she left to run a food stall in Singapore.
▼ + stars: | 2024-03-14 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +9 min

Shanice Lim left a Michelin-starred restaurant to run a hawker stall in Singapore. She decided to follow in her grandmother's footsteps and run her own hawker stall. nasi lemak stall in singapore Marielle Descalsota/Business InsiderLim said her efforts have paid off and that she now has a base of customers who don't hesitate to pay SG$5 for her nasi lemak. I wanted to put my brand out there so everyone could have good nasi lemak," Lim said. There isn't much money to be made running a hawker stall.

Persons: Shanice Lim, Lim's, —, Shanice, Lim, Lim's nasi lemak, Marielle, nasi lemak —, Khir Johari, hawker, KF, it's, It's, nasi lemak, Seetoh, nasi, she's, Elizabeth Chan, lemak, Chan, har, wasn't Organizations: Michelin, Service, Culinary Institute of America's, hawker, Business, SG, National Environmental Agency, NEA, Singapore Food Agency, singapore Marielle Locations: Singapore, Culinary Institute of America's Singapore, Singapore —, European, Zen, Malay, lemak, Bedok, hawker, Urban, New York City, nasi lemak, singapore

WASHINGTON (AP) — If some U.S. lawmakers have their way, the United States and China could end up with something in common: TikTok might not be available in either country. But while U.S. lawmakers associate TikTok with China, the company, headquartered outside China, has strategically kept its distance from its homeland. Since its inception, the TikTok platform has been intended for non-Chinese markets and is unavailable in mainland China. Some have insisted they be called “global companies” instead of “Chinese companies.”But for TikTok, this may not be enough. “America’s foremost adversary has no business controlling a dominant media platform in the United States.

Persons: TikTok, Joe Biden, Zhiqun Zhu, ” Zhu, Alex Capri, Hinrich, ” Capri, Capri, Zhang Yiming, Mike Gallagher, ”, Gallagher, “, Sen, Tom Cotton, Shou Zi Chew, beholden, Chew, Nancy Pelosi, ” Chew, Thomas Zhang, Zhang, It's, Donald Trump, Trump Organizations: WASHINGTON, Bucknell University, “, National University of Singapore, Hinrich Foundation, Chinese Communist Party, CCP, Communist, Wired, Republicans Locations: United States, China, Beijing, Hong Kong, U.S, Washington, there's, Chinese, Chew

☆ If the US bans TikTok, China will be getting a taste of its own medicine
▼ + stars: | 2024-03-14 | by ( Laura He | ) edition.cnn.com time to read: +7 min

But American apps have long been barred in China. “The TikTok bill appears likely to become law and China’s displeasure seems ironic, if not hypocritical, given its stance toward American social apps,” said Brock Silvers, managing director at Kaiyuan Capital. The Chinese government has said it strongly opposes a forced sale of TikTok, and it has the legal ability to do so. A man walks past the headquarters of ByteDance, the parent company of TikTok, in Beijing. “While China has completely banned [these] American apps, TikTok enjoys all the benefits of America’s free and open legal and political systems,” he said.

Persons: Hong Kong CNN — TikTok, ByteDance doesn’t, Wang Wenbin, ”, Brock Silvers, Wang, Joe Biden, TikTok, CNN Beijing’s, Trump, Greg Baker, “, Winston Ma, Silvers, Alex Capri, Craig Singleton, “ We’ve, ” Capri Organizations: Hong Kong CNN, US, Foreign Ministry, Google, Kaiyuan, Chinese Commerce Ministry, ByteDance, Trump, CNN, Commerce Ministry, Getty, New York University School of Law, Foundation, National University of Singapore Business School, Foundation for Defense of Democracies, Weibo, Twitter, Facebook Locations: China, Hong Kong, United States, Beijing, TikTok, ByteDance, AFP, Washington, Washington , DC

☆ Singapore bumps up 2024 GDP forecast on manufacturing growth; lowers headline inflation outlook
▼ + stars: | 2024-03-13 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Singapore's economy expanded by a slightly more modest pace than initially expected in 2023, as manufacturing activity contracted and services growth slowed. Singapore's economy in 2024 is forecast to grow faster than estimated earlier, while the outlook for inflation has been revised lower, the Monetary Authority of Singapore's survey showed Wednesday. The survey of forecasters has pegged this year's growth at 2.4% and headline inflation at 3.1%, compared with the December survey's estimates of 2.3% GDP growth and inflation at 3.4%. Singapore's manufacturing sector — which makes up over 20% of the country's GDP — is now expected to grow at 4% in 2024, up from 2.3%. While economists raised their forecasts for the manufacturing, finance and insurance, and construction sectors, the outlook for the wholesale and retail trade, as well as accommodation and food services sectors was revised lower.

Organizations: Monetary Authority Locations: Singapore

☆ From disappointment to the Olympic dream, Singapore's sprint queen is 'ready' for the next challenge
▼ + stars: | 2024-03-12 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

Singapore's Shanti Pereira of Singapore celebrates winning the women's 200m final athletics event during the 19th Asian Games at Hangzhou Olympic Sports Centre on Oct. 2, 2023. The 28-year-old track-and-field athlete — often referred to as Singapore's sprint queen — brought home a gold in the women's 200-meter race and silver in the 100-meter race at the Asian Games. As a result, she could not progress beyond the Asian Games heats that year. Three weeks before the Southeast Asian Games, she finally snapped out of that downward spiral. The same year, Pereira broke the national record in the 100-m sprint six times and 200-m race four times.

Persons: Singapore's Shanti Pereira, Shanti Pereira, —, Pereira Organizations: Singapore, Hangzhou Olympic Sports, Asian, Paris Olympics, CNBC, Games, Sports Excellence, Singapore Management University's, Southeast Asian Games Locations: Singapore, U.S

☆ They met in culinary school and renovated a $444,000 public housing apartment together. The kitchen was the heart of the project.
▼ + stars: | 2024-03-11 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

Colin Yong, who works in the food and beverage industry, lives in a cozy, five-room public housing apartment in Singapore with his wife. But she wasn't always keen on it because she preferred a new house," Yong said. But my wife wanted more shelving and everything, so we learned to meet in the middle." Amanda Goh/Business InsiderWarm, dim lights create a soothing atmosphere that puts people at ease. Amanda Goh/Business InsiderNot settling for lessThe couple has one tip for other first-time homeowners: Don't settle for less.

Persons: Colin Yong, —, It's, homeownership, Yong, they're, Eddy Kur, Amanda Goh, I've, wasn't Organizations: Service, Housing, Development Board, BTO, Amazon Locations: Singapore, Hougang, Amazon Germany

☆ Forget supplements — 3 daily habits have a much bigger impact on extending your lifespan
▼ + stars: | 2024-03-06 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +5 min

Getting enough good sleep is also critical for healthy aging and repair. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Some of the very first rigorous and independent placebo-controlled trials of longevity supplements are just getting underway. Here are the three most important things you can do for healthy aging right now. Diego Cervo/Shutterstock"I would say move, most importantly," Dr. Andrea Maier, a leading healthy aging and supplements researcher at the National University of Singapore, said during the conference.

Persons: —, Diego Cervo, Dr, Andrea Maier, it's, Nima Sarikhani Organizations: Service, National University of Singapore, British, of Sports Medicine Locations: Singapore

☆ With Super Tuesday over, China and Xi may be praying for Trump to beat Biden
▼ + stars: | 2024-03-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

With Super Tuesday setting the US up for a Biden-Trump rematch, it looks like China has no good choices. But a rising perspective among experts on China posits that Beijing has good reason to hope Trump retakes the White House. Both President Joe Biden and Trump are expected to continue their aggression toward China, with Biden locking away US tech exports and Trump more recently threatening a 60% tariff on Chinese goods. Whichever way Beijing is betting, it's hard to say which man its preferred pick would be. AdvertisementWith close-to-clean sweeps across the board on Super Tuesday, both Biden and Trump are now all but confirmed to be their respective parties' nominees.

Persons: Trump, —, Xi Jinping, Donald Trump, Joe Biden, Biden, Chengxin, Pan, MAGA, skittish, Stanley Rosen, Agathe Demarais, Demarais, shelve, China that's, it's, Ian Ja Chong, they're Organizations: Biden, Trump, Service, China, Associated Press, University of Macau, University of Southern California's China Institute, geoeconomics, European Council, Foreign Relations, Foreign Policy, National University of Singapore, White Locations: China, Beijing, Shanghai, Ukraine, Russia, New York

☆ ‘Two sessions’: China’s key political gathering gets underway as leaders try to repair broken economic confidence
▼ + stars: | 2024-03-04 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Xi is under the spotlight as economic pain has sparked growing frustration within China. Xi has also overseen a political shakeup in his own ranks, further marring the start of the new term. Those challenges may not pose a threat to Xi, who is China’s most powerful and authoritative leader in decades. But the two sessions provide an important platform for China’s notoriously opaque government to broadcast its strategy for economic, social and foreign policies and announce key indicators including China’s economic growth target, its budget deficit limit and military spending for the coming year. Analysts widely expect Li to reveal a relatively ambitious growth target of “around 5%,” showing that policymakers are still focused on economic growth, even as challenges pile up.

Persons: —, Xi Jinping, Xi, ”, Chen Gang, Li Qiang, It’s, Xuezhi Guo, Guo, Wang Yi, Qin Gang, Li Shangfu, Li, Qin, Pedro Pardo, Neil Thomas, Premier Li, Asia Society’s Thomas, “ Organizations: Beijing CNN —, Communist, National University of Singapore’s East Asian Institute, Getty, of, National People’s, Guilford College, Observers, Washington, Asia Society, Center for Locations: China, Beijing, Chongqing, AFP, Taiwan, China's, Henan, Center for China, Asia

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