Nepal-Tibet Flood: Death Toll Rises to More Than 400

Nepal-Tibet Flood: Death Toll Rises to More Than 400

News1 day ago

Rescue teams using heavy machinery dug through mud and debris in Nepalese towns devastated by a flash flood two days ago, as hopes of finding survivors faded and officials worked to reduce the risk of further catastrophic flooding.

The confirmed death toll in Nepal rose to 469 people early on Friday, with almost 1,000 more missing there and in neighbouring Tibet, near where a glacier collapse on Wednesday morning sent a huge torrent of rock, ice, mud and debris cascading...

Matcha, with a Twist of Assam

Matcha, with a Twist of Assam

News1 day ago

The Guwahati Tea Auction Centre in India’s north-eastern Assam state sold the country’s first commercial batch of matcha – a green tea traditionally made from shade-grown Camellia sinensis leaves in Japan – in early July.

This tea, however, was made from an indigenous variety grown locally and processed using Japanese machinery in Chota Tingrai, a tea estate in Assam that has nudged India’s 200-plus-year-old tea industry into a new frontier.

Black tea has long been the mainstay of the country’s...

1,800 More Infant Care Educators To Be Hired Next Few Years as Pre-schools’ Hiring Grant Expands

1,800 More Infant Care Educators To Be Hired Next Few Years as Pre-schools’ Hiring Grant Expands

News1 day ago

Singapore will hire 1,800 more infant care educators by 2030 to meet the expected rising demand for infant care.

A hiring grant for preschool operators will also be expanded to help them recruit more of such educators, Senior Minister of State for Social and Family Development Goh Pei Ming said on Aug 28.

He was speaking to the media on the sidelines of a Teachers’ Day celebration at E-Bridge Pre-School @ Sumang Lane.

From Sept 2026, the Early Childhood Development...

Rise of Yachts as an Investment

Rise of Yachts as an Investment

Lifestyle1 day ago

Wealth managers are increasingly treating yachts less as a passion purchase and more as a lifestyle asset that can be part of a client’s broader wealth conversation.

In an interview with The Business Times, Wyn James, head of asset owners for Asia-Pacific at global investor services group IQ-EQ, noted that the interest of experience-led assets surged between 2020 and 2022, when many luxury assets delivered strong returns.

Family offices now allocate more than 40 per cent of their portfolios to...

Mizuho Bank Files Lawsuit Against Trader Radiant World in Singapore

Mizuho Bank Files Lawsuit Against Trader Radiant World in Singapore

News1 day ago

In the first legal action taken by a lender to Radiant World to become public since news of concerns that the iron ore trader had provided banks with falsified documents to secure financing, Mizuho Bank Ltd has filed a case against the Singapore operating entity in the city-state’s Supreme Court, according to the court’s website.

Mizuho Bank, the banking unit of Japan’s Mizuho Financial Group, is seeking an injunction against Radiant World Corporation, a court listing showed. Reuters could not...