Paige Lim

Paige Lim

CORRESPONDENT

Paige Lim is a correspondent at The Business Times. She covers small and medium-sized enterprises (SMEs) and macroeconomics, with a focus on F&B and retail. She also contributes to the monthly Barfly column, which profiles home-grown craft cocktail bars. 

The 1822 is a tiki-style cocktail that honours the year Sir Stamford Raffles established Singapore’s first botanical and experimental garden at Fort Canning Hill.
BARFLY

A sip of heritage at Canning Bar & Lounge

The colonial-style lobby bar at Mett Singapore offers tipples with spices from its lush surroundings

Most regional economies registered improvements in March activity and remained in expansion mode.

Singapore PMI edges down to 50.5 in March, as early signs of disruption from Gulf conflict emerge

The key electronics sector inches up by 0.1 point to 51.4 in its 10th straight month of expansion

Jewellery retailer Aspial Corporation and JK Global Investment – an entity linked to the Koh family – had earlier offered to privatise AF Global.

AF Global expected to delist around Apr 24

Last day of trading of shares is on Apr 2

Besides delivering a full suite of platform design, integration and technical expertise, ST Engineering will build three of the vessels at its Singapore shipyard.

ST Engineering bags S$600 million contract to design, supply boat platform systems for Kuwaiti navy

This follows a deal for four vessels for UAE navy also awarded by Abu Dhabi Ship Building

Overall, Mapletree owns and manages more than 66 million sq ft of industrial assets across the US, with a development pipeline of an estimated 2.6 million sq ft.

Mapletree Investments sells mid-shallow bay logistics portfolio to Dalfen Industrial for US$207.5 million

The portfolio includes 19 warehouse assets across key US distribution markets in Texas, Illinois, Ohio and Indiana

Ren Yuanlin is a substantial shareholder in Yangzijiang Maritime, Yangzijiang Financial and Yangzijiang Shipbuilding.

‘No definitive decision’ made for YZJ Maritime to pursue capital market activities in Hong Kong: CEO

Yangzijiang Shipbuilding also says it has no plans for equity fundraising transactions outside Singapore

A Twelve Cupcakes outlet at Chinatown Point seen on Oct 30, 2025.

Twelve Cupcakes staff to recover part of unpaid salaries from end-March: F&B union

The Food, Drinks and Allied Workers Union says it has been assisting affected members since October 2025

Yangzijiang Shipbuilding does not expect the contracts to have any material impact on its net tangible assets per share or earnings per share for FY2026.

Yangzijiang Shipbuilding bags US$980 million in vessel contracts in Q1

The group’s outstanding order book stands at about US$22.8 billion

Before joining Jardine C&C, CEO designate Freddy Lee was group chief of audit and risk advisory at the company’s principal subsidiary, Astra International.

Jardine Cycle & Carriage appoints Freddy Lee as CEO from May 1

Lee will vacate his current role as the company’s finance director but continue to serve as executive director

All clusters recorded declines in factory output in February, with the exception of the lynchpin electronics sector.

Economists warn that Singapore factory output could slow or contract further from Gulf conflict, following February’s 0.1% shock dip

February’s performance is in stark contrast to private-sector economists’ estimates, who predict a median 14.1% expansion