Daily Archives: January 17, 2019 (15 Articles Found)

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Centre to manage infectious diseases to be fully operational by May

A new state-of-the-art national centre for managing infectious diseases is set to be fully operational by May 2019. The 330-bed National Centre for Infectious Diseases (NCID) is designed to manage an outbreak on the scale of Sars in…

Din Tai Fung just spent S$70,000 on an Orchard Road apartment for staff to nap, get massages, and watch K-dramas

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Din Tai Fung – the Chinese restaurant known for its soup dumplings – is trying new ways to attract and retain staff in Singapore amid a tight labour market for the service industry. Its newest move is investing…

Freehold commercial building in Serangoon Road re-launched for sale at reduced price

A freehold six-storey commercial building in 291 Serangoon Road is being relaunched for sale at a lower price of between $46 million and $49 million. The property was previously put up for sale last Sept with a guide…

How much have condo prices changed in the last 10 years?

If it feels like everything costs a little more with each passing year, it isn’t just your imagination. Inflation does take its toll over the years, and as 2018 passes into the annals of history, let’s take a…

Singapore’s first ‘live’ 5G facility opens, with novel applications to follow

Since Jan last year, final-year student Lee Jun Hao from SP’s School of Electrical Engg and his peers have been developing a network of all-terrain drones that are able to track intruders autonomously — outdoors, indoors and even…

Singapore is world’s 10th most Instagrammable country in 2018

Those planning on travelling to Singapore may now have one more reason to visit: The island has been ranked the 10th most Instagrammable country in the world. The ranking, which was announced by travel publication Big 7 Travel…

Freehold HDB flats: Here’s how it may work, with strings attached

In announcing Vers during last year’s NDR, PM Lee explained why HDB cannot sell flats on freehold tenure. Freehold HDB flat is a no-go, but what about selling freehold HDB flats with strings attached? For example, the Government…

Existing measures protect consumers in Open Electricity Market

We refer to Mr Tan Teck Lee’s letter in which he asked about how electricity retailers are licensed and whether consumers are protected when a retailer exits the OEM (Protect consumers against electricity retailers that pull out; Jan…

Singapore was well-connected before 1819

I disagree with Mr Chen Junyi that Singapore was plugged into the world only in 1819, and was unable to play a role in the global trade network until then (Don’t rob colonial British of credit due them;…

Today’s Singapore built on British systems

It is very odd to call the office in charge of the celebrations of Singapore’s 720-year history the Bicentennial Office. Wouldn’t “septcentennial” be a better approximation of the period under coverage for the festivities? Or was this extended…

Why DBS remains cautious on Chip Eng Seng despite Kampong Java site win

DBS Group Research is forecasting property transaction volumes to fall 20% y-o-y to 7,500-8,500 units in 2019, and says it is possible for the PPI to decline by up to 3% this year, and even further, should macro…

CenturyLink opens its first South-east Asia security operations centre in Singapore

On 17 Jan 2019, CenturyLink launched its first security operations centre (SOC) in SEA in Singapore, to address the growing needs of enterprises in the APAC region to handle cybersecurity threats. The Singapore centre is the telco’s 2nd…

Google in talks for 400,000 sqft space at Alexandra Technopark

Google is planning to expand in Singapore, going by market talk that it plans to boost its real estate footprint on the island. The tech giant is understood to be in advanced talks to lease close to 400,000…

KPMG calls for Smart Nation measures

Budget 2019 should help Singapore realise its Smart Nation vision, said KPMG on Wed, recommending moves in financial services, real estate, healthcare and life sciences, consumer retail and technology, as well as cybersecurity. For the real estate sector,…

Singapore residential market: Post-cooling measures

The biggest disruption to the Singapore residential property market in 2018 was ironically not technological advancement but government intervention. On 5 July 2018, the government announced the raising of ABSD and the tightening of LTV limits on residential…

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