Daily Archives: June 21, 2018 (13 Articles Found)

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Sengkang Central GLS site draws seven bids

The tender for Sengkang Central GLS site closed on June 21 with seven bids. The tender was for the residential and commercial site was launched under the concept and price tender conditions almost similar to that of the…

Chairman of Mapletree Investments Edmund Cheng to take over as CAAS chairman

Mr Edmund Cheng Wai Wing, the chairman of Mapletree Investments and the Singapore Art Museum (SAM), will take over from Mr Lee Hsien Yang as chairman of CAAS from July 1. MOT on Thurs, said that as part…

Riverfront property in Singapore: Is the hype worth a higher price?

While it’s clear that a seafront property can command a price premium, we’re less certain when it comes to a riverfront property in Singapore. After all, our sunny island doesn’t have many actual rivers to speak of; the…

47-year-old worker killed in accident at Woodlands construction site

A 47-year-old worker died on Thurs in an accident at a construction site in Woodlands. The man was working on a formwork platform on the 15th floor of a building under construction when the structure collapsed, MOM said…

Changi Prison raises tech bar with automated checks, surveillance system that detects fights

The deafening silence at Changi Prison on Thurs afternoon was suddenly broken by a loud voice over the public address system. “All inmates, sit up straight. Look into the camera,” ordered a Singapore Prison Service (SPS) officer, who…

276 companies taken to task for lapses in machinery safety

MOM took action against 276 companies in the manufacturing, construction and marine sectors for safety lapses involving machinery recently, following a two-month enforcement blitz. The ministry issued six stop-work orders and 78 composition fines amounting to S$91,000 after…

Rotate street hawkers at Orchard to stay fresh

The new study to revive Orchard Road seems to be doing little more than rehashing ideas that have been surfaced over and over again through the years ($1.3m study to help rejuvenate Orchard Rd; June 18). The issue…

Airbnb needs to act responsibly to be taken seriously

Airbnb’s call to all Singaporeans to keep the doors open to home-sharing when it continues to undermine our laws and views on the matter is regressively solipsistic (Airbnb study says non-tourist areas gain from listings; June 16). Can…

Bukit Panjang LRT to resume operations on Sun on July 1, but with later opening time

The BPLRT will resume Sun operations on July 1 — albeit with later opening hours till Oct 28. After 11 full-day closures on Sun, BPLRT will resume Sun services at 8am on July 1, SMRT said on Thurs.…

S$5m value in PropNex prospectus for agents’ transfer causing a stir

A S$5 million value pegged to PropNex Realty’s business takeover agreement with Dennis Wee Realty (DWR) last year in the IPO prospectus lodged by PropNex has raised the eyebrows of many observers, who keenly recall the transaction was…

ExxonMobil finishes building world’s largest resins plant in Singapore

ExxonMobil started the production of hydrogenated hydrocarbon resin and halobutyl rubber at the two new plants of its multi-billion dollar integrated manufacturing complex in Singapore. It is the company’s largest integrated refining and petrochemical complex in the world.…

Hotel revenue still down 20% from peak despite visitor surge

Hotels’ RevPAR are currently down 20% from their peak in 2012, having been affected by stiff competition from new hotels despite climbing visitor arrivals, OCBC Investment Research said. However, OCBC Investment Research analyst Deborah Ong thinks that given…

Makansutra: Bring back Orchard hawkers

Should there be a new “Orchard Hawker Centre” as part of the plans to revive Orchard Road? That was what I discussed with a few remaining hawkers who were once at the defunct Orchard Road carpark group (from…

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