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THE BIG STORY
Ukraine imposes state of emergency
Ukraine has imposed a nationwide state of emergency in order to keep the country calm and protect its economy amid fears of a Russian invasion, a senior Ukrainian security official said yesterday. Russian President Vladimir Putin said Moscow was ready to look for "diplomatic solutions" amid raging tensions with the West. A1
Hong Kong announced a HK$807.3 billion (S$139 billion) budget for next year yesterday, with most funds targeted at dealing with the Covid-19 situation, which deteriorated recently.
The unemployment rate dropped to 3.9 per cent in January, from a high of 7.2 per cent early last year.
The Covid-19 daily caseload hit a new daily high of 171,452 in South Korea yesterday, with Prime Minister Kim Boo-kyum urging people to remain calm. The number of cases was a sharp jump from the 99,573 cases logged the previous day. The number of critically ill patients stood at 512, from around the 200 range early last week.
The second Build-To-Order (BTO) project under the prime location public housing model in Kallang/Whampoa proved to be popular among home buyers, with all units oversubscribed. As at 5pm yesterday, around 16 applicants are vying for each of the four-room flats in the project.
Tanglin Shopping Centre in the Orchard Road area has been sold in a collective sale for $868 million. The buyer - a developer held by Indonesian billionaire Sukanto Tanoto's pulp, paper and palm oil giant Royal Golden Eagle - paid $40 million above the guide price, and about 10 per cent over its $785 million reserve price.
The Singapore International Festival of Arts returns from May 20 to June 5 with new festival director Natalie Hennedige at the helm. This year's festival, which is in its 45th edition, is inspired by the subtitle Ritual and brings together a blend of genres and disciplines in performances.


