Daily Archives: December 14, 2015 (19 Articles Found)

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St Joseph’s Church may be part of arts, social ventures cluster

For the past decade, the 103-year-old St Joseph’s Church has stood in a faded blue coat of paint in the heart of Singapore’s civic district. But it could soon be given a new lease of life. In Apr,…

Orchard Central blackout caused by heavy rain

Shoppers in Orchard Central were plunged into darkness on Sat afternoon as water seepage from a heavy downpour caused a blackout. Restaurants had to cancel dinner bookings and retailers saw customers walking out. Many shops were forced to…

A much longer walk from Paya Lebar MRT station

What used to be a 10-minute walk to the Paya Lebar MRT station now takes double the time for some. The reason: A footpath that linked Paya Lebar MRT station to the bus stop at Sims Ave has…

Possibilities are limitless for head of CapitaLand

When Mr Lim Ming Yan was asked to head CapitaLand’s business in China 15 years ago, some of his colleagues wondered if he had taken a misstep in his fledgling career. After all, China was a minefield for…

Much value in hotel brands

News last week of AccorHotels’ proposed acquisition of FRHI Holdings, which holds top-tier brands Raffles, Fairmont and Swissotel, created waves in the industry, coming soon after hotel giant Marriott Intl agreed to buy Starwood Hotels & Resorts Worldwide.…

Anchoring Singaporeans within

Singapore’s ability to build and maintain what can only be called national neighbourhoods lies at the heart of its untiring efforts to sustain social resilience. Unlike neighbourhoods elsewhere, which often are carved out by the divisive geography of…

Integrated model for rail system the way to go

I share Transport Minister Khaw Boon Wan’s view that we should begin the process of building up a core engineering team within LTA, such that it is able to take over the rail system should the need arise.…

Time for a clean-up at Sim Lim Square

With the Jover Chew saga denting the already weak image of Sim Lim Square, it is no surprise that tour guides are cautious about recommending the place to foreigners. For several years, the issue was not attended to,…

Change lifestyles to reduce reliance on foreign labour

As citizens, we need to look at our current lifestyles to reduce our dependence on foreign help in running our basic services. We need to look at having common rubbish points for landed property. No door-to-door collection means…

EwF at Orchard Central told to move as intl retail brand wants (the) space

Food outlet EwF has been asked to vacate its current space at Orchard Central, to make way for an “intl retail brand”. A poster displayed outside their Orchard Central outlet was put up two Sat ago, and says…

Retirement community – the next growth sector in Singapore?

Faced with a rapidly ageing population ensuing from a low fertility rate and increased life expectancy, Singapore will undergo a demographic transition into a super-aged society by 2030, with at least one-fifth of its population aged 65 and…

Why interest rate increment is going to cost Singaporeans in 2016

We have been reading news lately that discussed about how the Federal Reserve (Fed) is going to increase interest rates in US. The big question we ask ourselves is how this expected increment is going to impact the…

Looking for more resilient residential properties

The latest indicators of Singapore’s private residential property market do not make happy reading for owners of existing properties. The non-landed PRPPI has registered a decline for eight consecutive quarters since 3Q2013. Our view is that the market…

The beginner’s guide to investing in REITs

REITs in recent years have been garnering significant investor interest due to their stable income and high yields. With the Asian investor’s affinity for property, REITs took off in a big way. At the time of writing, the…

S’poreans-first policies ‘may affect integration of foreigners’

Government policies in Singapore that were introduced in recent years to enhance preferential treatment for citizens over PR might have created unintended hurdles for social integration, a geography don who researches on citizenship and migration has found. Associate…

NTU scientists find way to help firms cut energy bills

NTU scientists have found a new way to help companies and factories cut down their energy bills by as much as 10 per cent. Assistant Professor Wen Yonggang of NTU’s School of Computer Engineering developed a software algorithm…

Is 2016 the right time to ease property cooling measures?

The property market was very downbeat in 2014-2015, particularly in terms of volume. Only 5,555 new units were sold in the first nine months of 2015 (6,910 in 2014), less than half of the numbers recorded in 2012-2013…

REITs eye more equity fundraising deals as debt limits kick in

REITs will be pushed to explore more equity financing options such as rights issuance or private placement exercises in order to fund their acquisitions, according to a report by OCBC. Issuing new shares to fund acquisitions in light…

Here’s why Ascendas’ plan to acquire One@Changi is as strategic as it gets

With headwinds mounting in the REIT space, its imminent acquisition should be a whiff of fresh air for Ascendas. According to analysts from UOB Kay Hian, the business park segment remains a bright spot due to tighter supply…

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