Singapore businesses in Shanghai gear up for planned lifting of Covid curbs
WITH Shanghai aiming to reopen from Jun 1, Singapore businesses caught in its protracted lockdown are gearing up for a long-awaited return to business as usual. However, given how the earlier plans for easing did not materialise, not all are confident of the latest timeline given by the authorities.
Consumer brands told The Business Times that Shanghai shopping malls have asked them to prepare to reopen, but with few details on how and when this will happen.
Ang Kiam Lian, chief executive officer (China) of Jumbo Group, said he was recently asked by 2 malls if the group’s restaurants within the malls were keen to resume operations, which he regards as a “goo…
A NEWSLETTER FOR YOU
SGSME
Get updates on Singapore's SME community, along with profiles, news and tips.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Global
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East
China moves to boost foreign investment in domestic tech companies
China’s Jan-March foreign investment inflows down 26%
Oil jumps, equities fall as Iran blasts fan Middle East tensions
Airlines scramble to change routes after Israeli attack on Iran