Daily Archives: January 3, 2020 (21 Articles Found)

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Two eyewear companies in Singapore spearhead recycling efforts for contact lens plastic packaging

In the name of convenience, yet another item that consumers use daily can be harmful to the environment and cause microplastic pollution: Contact lens blister packs. The blister pack or packaging is the plastic container with an aluminium…

HDB’s rooftop climate change fight

HDB’s plans to more than double its capacity for solar power by 2030 tie in neatly with Singapore’s pledge to ramp up its overall solar capacity by more than seven times from current levels by that year. The…

8 offenders caught in 3 days as LTA enforces e-scooter ban on footpaths

Eight offenders have been caught flouting the e-scooter ban on footpaths in the first three days of a zero tolerance approach in enforcing the rule. The errant e-scooter users were caught in areas such as Ang Mo Kio,…

E-bike catches fire beside Choa Chu Kang MRT station; 2nd incident involving motorised devices in 2 days

An electric bicycle caught fire beside Choa Chu Kang MRT station on Fri morning, in the second incident involving motorised devices in two days. Videos posted online of the incident show the e-bike engulfed in flames. Multiple small…

Suntec REIT top commercial sector pick; poised for turnaround in 2020, says RHB

2019 had not been kind to Suntec REIT. But RHB Group Research believes 2020 could well be a turnaround year for the REIT. “Suntec REIT was a laggard in 2019 – we believe the market was focusing on…

Keep your eyes on these 3 property developer stocks this 2020: DBS

Property developers offer good value at 0.8x P/NAV (-1 standard deviation) in an environment of high valuations, according to DBS Group Research. “With the property market expected to remain resilient and developers under our coverage have been actively…

Sembcorp acquires Veolia’s public cleaning business for $28 mil

Sembcorp Industries is acquiring a 100% stake in Veolia ES Singapore (VESS) and its public cleaning business for $28 million. The sale & purchase agreement of Veolia ES Singapore Industrial (VESSI) was signed between Sembcorp’s wholly owned subsidiary…

Kim Heng Offshore & Marine to incur impairment loss of $6.5 mil in proposed sale of Penjuru Road property

Kim Heng Offshore & Marine Holdings announced on Fri that wholly-owned subsidiary Kim Heng Marine & Oilfield has agreed to sell its property at 48 Penjuru Road in western Singapore for $18.5 million. This will see Kim Heng…

MND orders Aljunied-Hougang Town Council to recuse Low, Sylvia from financial decisions

MND has ordered AHTC to recuse town councillors Sylvia Lim and Low Thia Khiang from certain financial decisions, in order to prevent a “recurrence of irregularities” caused by the two Aljunied GRC MPs. On Fri, MND said AHTC…

No evidence of bed bugs at Plaza Singapura cinema, says Golden Village after complaint

GV has said there was no evidence of bed bugs at its PS branch, after a customer complained of bites after watching a movie there. FB user Jeanette Tan wrote a post on Dec 27 claiming that her…

Keep hawker food affordable

I recently visited the refurbished 84 Marine Parade Central Market and Food Centre managed by NEA. Most of the time, the food sold at hawker centres is priced reasonably. But my experience with a nasi padang stall at…

Cheese-tea chain Machi Machi to launch in Singapore

Machi Machi, the Taiwanese cheese-tea chain which went viral after featuring in a music video of Mandopop king Jay Chou, is set to debut in Singapore. Named after Chou’s wife’s pet dog, Machi Machi Singapore will open at…

CBD Grade A office rentals likely to be flat this year

Property consultants are generally expecting Grade A office rentals in CBD to be flattish this year, after this segment posted slower growth in 2019 than in 2018. JLL Singapore’s head of research and consultancy, Tay Huey Ying said:…

Private home prices expected to rise this year after 2.5% gain in 2019

Prices of private homes in Singapore are expected to rise by between 1 and 5 per cent this year, analysts say, after clocking a 2.5 per cent gain in 2019. At 2.5 per cent, the price growth moderated…

Look Ahead 2020: Environment — Food security to take centre stage while climate change activism forges ahead

1) Another dengue outbreak – Assistant Professor Vincent Pang, director of the Centre for Infectious Disease Epidemiology and Research at NUS Saw Swee Hock School of Public Health, said this is especially so if many residents choose to…

Businesses using paper instead of plastic? Not necessarily better for the environment, experts say

Plastic has developed a bad reputation for the impact it has on the environment. Ocean conservancy groups have estimated that about 8 million tonnes of plastic-based products from bags to bottles and straws end up in the sea…

Plastic food packaging safe when used correctly, but cutting usage vital

Plastic is one of the most common materials used for food packaging. When designing plastic food packaging, manufacturers take into consideration the type of food and its contact time with the packaging, as well as the amount of…

Sengkang resident’s $500 tent removed from carpark by town council due to security concern

PRPTC told Stomp it removed an unattended tent from a multi-storey carpark at Blk 146 Rivervale Crescent due to a security concern. Stomp contributor Lee alerted Stomp to the tent he saw placed in a lot on level…

New green spaces planned for River Valley

We thank Mr Damien Ng Swee Beng for his feedback (Build park in Irwell Bank Road, Dec 27, 2019). Injecting more housing in the River Valley area will provide opportunities for more people to live in the city…

The Avenir to preview at prices from $2,930 psf

At 6pm on Jan 3, joint developers Hong Leong Holdings, GuocoLand and Hong Realty will preview their latest luxury development, the 376-unit The Avenir. The freehold condominium is a redevelopment of the former Pacific Mansion, located in the…

Animal Lodge tenants to pay lower rents after NParks takeover

Tenants at The Animal Lodge can expect to pay lower rents as NParks is set to directly oversee operations at the facility. NParks said on Thurs that the total rental charges for commercial tenants at the facility in…

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