Daily Archives: February 13, 2020 (25 Articles Found)

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Twitter to set up engineering centre in Singapore, to create 65 technical jobs

On 13 Feb 2020, Twitter announced that it will set up its first APAC engg centre in Singapore, and create 65 technical jobs in the next few years in the areas of product engg, software engg, data engg…

Lum Chang reports 34% jump in 2Q earnings to $4 mil as revenue doubles

Lum Chang Holdings posted a 34% rise in earnings to $4.0 million for 2QFY2020 ended Dec 2019, from $3.0 million a year ago. 2QFY2020 revenue more than doubled to $92.9 million, from $43.6 million a year ago, on…

One year on, Design Orchard deserves more time to blossom

Situated in the middle of Orchard Road, in between 313@Somerset and Robinsons The Heeren, is a more subdued building that passers-by might overlook. Despite large banners broadcasting that behind the building’s glass walls is a showcase of local…

66-year-old man dies in Ang Mo Kio HDB flat fire

A 66-year-old man died after suffering from burn injuries in a fire at an Ang Mo Kio HDB flat on Thurs. SCDF were alerted to the fire at Blk 123, Ang Mo Kio Ave 6 at 8.10am, and…

3 civil contracts worth $596m awarded to design, construct future Jurong Region Line stations

LTA has awarded three contracts worth $596 million for design and construction work on four JRL stations. The first contract, for the design and construction of Boon Lay station, is worth $172 million and was awarded to China…

Track fault disrupted MRT travel between Choa Chu Kang and Jurong East

A track fault on NSL on Thurs morning disrupted MRT trips between Choa Chu Kang MRT and Jurong East MRT stations. In a tweet at 9.24am, SMRT said commuters should add about 20 minutes to their train journeys…

Neil Road, Jasmine Road shophouses up for sale

Two conversation shophouses in Neil Road and three other shophouses with adjoining vacant lot in Jasmine Road have been put up for sale, via two separate EOI exercises, revealed Colliers Intl. The shophouses at 65 and 67 Neil…

DBS sees small hit from coronavirus; rolls out relief measures for mortgages, SME property loans

DBS Group reported a 14 per cent boost in net profit to $1.51 billion for the fourth quarter from a year ago, on the back of broad-based business momentum, and said it saw limited impact on its business…

Changi Airport steps up cleaning, hygiene measures in light of COVID-19 concerns

CAG is stepping up its precautionary measures across the airport’s four terminals and Jewel amid concerns over the COVID-19 outbreak. Among the measures being taken is an increase in the number of hand sanitisers from 160 bottles to…

Measures taken on campus after NUS professor contracts COVID-19

Several measures have been taken at NUS after MOH announced on Thurs that a professor was one of eight new cases infected with COVID-19 in Singapore.In a letter to students, NUS President Tan Eng Chye said that the…

Covid-19 outbreak: Cleaners work more hours on disinfection as firms struggle to meet soaring demand

Each time she steps into Graduate Hall 1 at NTU to clean the rooms occupied by students on quarantine, 70-year-old Sam is afraid. At home she washes everything she wears with boiling water including her shoes. She said:…

‘Big collapse’ of F&B businesses looms; landlords should slash rent like Jewel Changi Airport, say industry players

As F&B businesses take a hit due to the Covid-19 outbreak in Singapore, Jewel Changi Airport is now offering a 50 per cent rebate on rent for its F&B tenants for the months of Feb and Mar. RAS…

Proposal for section of Orchard Road to have lush greenery, sheltered escalators and garden playgrounds

Visitors leaving the Singapore Botanic Gardens can enjoy a slow walk to Dhoby Ghaut amid lush greenery, if future plans by the Government come to fruition. More trees and shrubs may be added to a 6km corridor of…

Singapore Shopping Centre relaunched for en bloc sale for $225m

The Singapore Shopping Centre has been relaunched for collective sale via tender at a reserved price of $225m until 18 Mar, SRI announced. The collective sale comes with a provisional approval to rezone for hotel use. A full…

Industrial property rents continue to ease in H2

The industrial property remained soft in H2 2019 with average monthly gross rents of factories falling about 1.8% YoY to $1.67 psf pm, according to data by Colliers. Meanwhile, warehouse and logistics rents eased by 1.6% YoY from…

Retail rents tipped to remain flat in 2020

Retail rents are expected to be relatively stable in 2020 with the easing of new supply pipeline over 2020-2024 offsetting the fragile sentiment on the market, according to a report from Colliers Intl. Retail sales excluding motor vehicles…

Adopt safer tree-pruning methods

Incidents of falling trees and tree branches have dropped significantly in Singapore over the years, but recent reports of such cases underline the danger they pose. I understand that a common tree-pruning method here is tree topping. While…

Buses should keep commuters informed of next destination

In Hong Kong and the Chinese city of Shantou, buses have displays showing commuters the next destination, which is also announced in different languages. I felt extremely comfortable as I did not have to anxiously look out for…

ICA committed to safety of officers and travellers at checkpoints

We thank Dr Alan K. Koh and Ms Irene Low for their feedback (Staff handling passports at risk, Feb 4; and Fingerprint scanners pose health risk during current crisis, Feb 5). To reduce the risk of virus transmission…

PUB working with town council on water quality incident

We thank Mr Phua Chin Teck for his feedback (Review impact of mosquito control operations on water supply, Jan 28). Following the incident at Blk 635 Ang Mo Kio Ave 6, PUB directed AMKTC to rectify the block’s…

Shophouse sales fell 29.8% to 118

This chart from Knight Frank Research shows that the number of caveats lodged for shophouses crashed 29.8% YoY to 118. This was attributed to a mismatch in price expectations. “The shophouse owners were unwilling to lower their asking…

Virus outbreak to buffet retail further after 2.8% fall in 2019

Singapore retail sales are expected to be weak this year amid novel coronavirus pressures, following a 2.8 per cent fall in 2019, which was the steepest decline in six years. Deepening from 2018’s 0.8 per cent fall, the…

F&B, retail businesses in CBD feel pinch as people work from home amid coronavirus concerns

Valentine’s Day is the occasion when Mdm Wong Li Hua makes the most money in the year. But the florist was visibly frustrated when she spoke to CNA. Sales at her shop at The Arcade have fallen by…

Training company director sold forged safety documents to workers

The director of an unaccredited safety training company was jailed for forging certificates from accredited companies and selling them to construction workers. Mohammad Faizul Arafin Siddiqui, 34, the director of Prosafe, was yesterday sentenced to 78 weeks in…

Public transport ridership hits new high except taxi trips

Commuters made more trips by buses, trains and private-hire vehicles last year, but continued to shy away from taxis. Bus ridership grew by 1.5 per cent to a daily average of 4,099,000 in 2019, while train ridership grew…

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