Daily Archives: October 29, 2018 (33 Articles Found)

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Co-working space a living lab for solutions

Maybank Singapore eyes wealth business with new Orchard branch

Maybank Singapore is about to begin a new phase as it incorporates locally, 58 years after the bank first began operating in the city-state. Malaysia’s largest bank will have its first presence in Orchard Road, Singapore’s premier shopping…

Lornie Highway experiences slow traffic on first work day

The new Lornie Highway – previously known as the Bukit Brown Road – was greeted on its first working morning on Mon with heavy and slow traffic. Strategic analyst Mahindra Jith, 32, said his usual 30-minute journey to…

Sky pool, rooftop bar for Singapore’s latest co-working space occupying all 16 floors at 139 Cecil St

Hong Kong-based co-working outfit Campfire Collective is muscling in on Singapore’s shared office space, with the start-up announcing it has leased all 16 floors at 139 Cecil St. The site is currently an 11-storey building undergoing major renovation…

Trains delayed on DTL during evening peak; service resumes after 30min

A train fault delayed service along the DTL during Mon evening peak period. Normal service resumed after about 30 minutes. SBS Transit, which operates the DTL, said on its Twitter account at 5.51pm that service between Expo and…

Bukit Panjang LRT to resume usual Sun operating hours from Nov 4

Trains on the Bukit Panjang LRT (BPLRT) will resume their usual operations on Sun and run from 5.30am, starting on Nov 4, said rail operator SMRT. SMRT announced in a tweet on Mon that the BPLRT would resume…

Two people taken to hospital after fire at One Marina Boulevard

Two people were taken conscious to SGH after a fire broke out at One Marina Boulevard on Mon. SCDF said that it was alerted to the incident at around 3.35pm. The fire was extinguished by a staff member…

SP Group rolls out world’s first smart grid index

SP Group launched the world’s first smart grid index aimed to aid utilities measure and advance in key dimensions of grid development. The new smart grid index provides a framework of the key dimensions of an electricity grid…

AHTC trial: FMSS director asked Low Thia Khiang to replace ‘hopeless’ town council chairman Sylvia Lim

On the 16th day of a hearing for a multi-million-dollar lawsuit against MPs from WP, proceedings took a dramatic turn when a recorded phone conversation between the director of FMSS and a KPMG staff member was revealed in…

Otters spotted swimming in Singapore’s CBD

Three otters were spotted in the heart of Singapore’s CBD on Sun, swimming in a water feature outside office building One George St in the Raffles Place area. There have been more sightings of otters in recent years,…

Monkey at Changi Airport T3 check-in hall captured

Changi Airport received an unusual traveller on Mon morning – a monkey was spotted roaming around the airport’s T3 departure check-in hall. It was eventually captured with the help of ACRES, said CAG in response to CNA’s queries.…

No more plastic straws at RWS

Since Oct 1, dining establishments and five themed attractions across RWS have stopped providing customers with plastic straws in a bid to reduce single-use plastics. The latest move will save more than three million, or 1.2 tonnes of,…

Dress right for Singapore’s tropical weather to help reduce greenhouse gases emitted by air-conditioners

Singapore has committed to meet the goals set during the Paris Climate Agreement, but in the wake of the special report published this month by IPCC — on the effects of a global warming of 1.5°C — pressure…

Shared bike fleet slashed by over 50% to 40,500, as Ofo cuts numbers from Nov 1

The shared bicycle population in Singapore will be cut by more than half next month, dipping from 100,000 in Sept to 40,500 as operators downsize their fleets to meet a Nov 1 deadline imposed by LTA. Five out…

Coming soon: Households can buy ‘green credits’ to ensure their source of energy is renewable

From the middle of next year, households can ensure that their energy is derived from green sources by buying “green credits” through a blockchain-powered online platform set up by power grid operator SP Group. Calling it a world’s…

AHTC trial: Town councillors grilled over not raising questions about MA’s appointment

Two councillors from AHTC were on Mon grilled about why they had not raised questions over the appointment of a MA without tender in 2011. Continuing to take the stand on Mon morning was AHTC town councillor and…

CapitaLand Commercial Trust kept at ‘buy’ by DBS with office rents on recovery road

DBS is reiterating its “buy” call on CapitaLand Commercial Trust (CCT). Gross revenue increased by 35.6% y-o-y to $100.5 million, bringing NPI for 3Q18 to $80.4 million, 37.3% higher than $58.6 million last year. Over the quarter, CCT’s…

Dyson parks first electric car facility in world’s most expensive place to own a car

In his FB post about British company Dyson’s decision to set up an electric car manufacturing facility in Singapore, PM Lee wrote that when he met inventor James Dyson last month, James told him that it was Singapore’s…

Engie to relocate APAC headquarters to Singapore

French gas utility Engie said on Mon it will relocate its APAC headquarters to Singapore from Thailand’s capital Bangkok next year and plans to more than double its workforce in the region over the next decade. Engie currently…

Social enterprise hawker centres are neither an evil nor a magic solution

When something is important to many people, there are going to be differing views – not only compliments but also criticisms. This seems to be happening today with Singapore’s hawker centres. Many applauded when PM Lee announced at…

Wanted: Bold ideas for new waterfront

The relocation of port terminals, including Tanjong Pagar and Pasir Panjang, to Tuas will free up land for a new waterfront city called the Greater Southern Waterfront, which will include housing as well as commercial and entertainment uses.…

Safety concerns over testing flying taxis in Singapore

Test flights for electric-powered drones may be launched as early as next year. While it is laudable that Singapore is among the earliest cities in the world to experiment with the state-of-the-art technology in drone transportation, I wonder…

Builder working with family to rectify issues

We refer to the letter by Ms Jacqueline Low (Have a demerit point system for building professionals; Oct 15). We had earlier investigated Ms Low’s feedback on the alleged “unregistered” PE and have already clarified the matter with…

Risk-taking pays off for OUE boss

In 2012, Stephen Riady stunned and awed the corporate world when his company OUE, then known as Overseas Union Enterprise, led a group to launch a S$13.1 billion takeover bid for industry heavyweight F&N, locking horns with Thai…

mm2 Asia wants its cinemas to be a hip place for movie goers

mm2 Asia has a cinematic vision. The local movie producer bought Cathay Cineplexes’ Singapore theatre chain last Nov and it doesn’t plan to stop there. While the group has been forced to reconfigure its cinema strategy after a…

Co-working space a living lab for solutions

The source for this article is no longer available

Members of co-working space provider District6 would have recently seen their environs outfitted with gadgets and gizmos ranging from the latest large-format monitors from Dell to ceiling sensors that detect occupancy levels by facility management solutions company, Pointgrab.…

Colliers Intl to manage and lease 183 heritage bungalows

SLA appointed Colliers Intl to lead the leasing and property mgmt of 183 heritage black-and-white bungalows in Singapore. The real estate consultancy was appointed from Apr this year and has closed more than 40 lease transactions among this…

Global Yellow Pages renamed GYP Properties with change in company focus

The former Global Yellow Pages will be renamed GYP Properties Ltd to reflect the company’s focus on property. The Singapore-listed company’s shareholders approved the name change at an EGM on Oct 26. “Today’s name change marks the completion…

34.4% of Q3 property investment sales are residential

This chart from ET&Co shows that the residential properties (34.4%) made up the most of Q3 property investment deals in Singapore. Coming in next are office properties which made up 20% of the total property investments for the…

Improving office and retail market could boost Mapletree Commercial Trust

Improving office rents and retail sentiment in Singapore could unburden investors of the fear that Mapletree Commercial Trust may not be able to counter the impact of higher interest rates, DBS Equity Research said. “As investors acknowledge this…

Taking a HDB loan: Should you wipe out your CPF OA?

Starting from Aug this year, homeowners taking a HDB loan to finance for their home purchase can choose to leave up to $20,000 in their CPF OA. In the past, there was no such option, and you had…

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