Daily Archives: April 3, 2020 (29 Articles Found)

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Amid Covid-19, time to ramp up cashless drive

Since the push towards a cashless society began a few years ago, many electronic payment options have been developed and rolled out: PayNow, PayLah, payWave. While it is now common to use contactless payment in retail shops, cash…

Push from Govt, banks needed for e-payments to take off

The Covid-19 pandemic has pushed all of us to thoroughly sanitise everything everywhere and minimise all manner of contact, and it is time to look at the use of cash. Just imagine all the hands that would have…

More questions on used electric car batteries

I refer to NEA’s reply (Local recycling industry building up its capability to recycle electric car batteries, Mar 30) to my letter. I appreciate that the authorities are working on and implementing an e-waste mgmt system for end-of-life…

Talk or not: Opinions divided over ‘No talking inside lifts” sign in Sim Lim Square

To speak or not to speak, that is the question. Singaporeans were left puzzled after a photo of a “No talking inside lifts” sign found at Sim Lim Square made its rounds on the internet. While social distancing…

Singapore shuts schools and closes most workplaces temporarily to stem the spread of coronavirus

Singapore’s PM Lee on Fri announced stricter social distancing measures in the city-state. He said the situation in Singapore is under control, but noted that the number of reported cases have increased from fewer than 10 a day…

DBS unveils 3rd round of coronavirus relief, including home loan deferment for individuals, $100,000 loan for SMEs

DBS retail customers will be able to defer their mortgage repayment for the rest of the year and convert their outstanding credit to a loan of up to five years. SMEs can also apply to DBS for a…

Coronavirus: No more dining in at hawker centres, coffee shops, restaurants and other F&B outlets, says MTI

From Tues, people can no longer dine in at F&B outlets, including hawker centres and coffee shops, but they can still buy takeaways, MTI Minister Chan Chun Sing announced on Fri. MTI said that all F&B outlets can…

Coronavirus: Public swimming pools, country clubs, gyms, fitness studios to close for a month

Sports will officially grind to a halt in Singapore for four weeks from Apr 7 to May 4 as the Government implements an elevated set of safe distancing measures as a “circuit breaker to pre-empt the trend of…

Retail unit facing Tanglin Road sold for S$43m

A freehold commercial unit fronting Tanglin Road has been sold for S$43 million. Located opposite Tudor Court Shopping Gallery, the price for the property works out to S$4,586 psf based on the strata area of 9,375 sqft (inclusive…

Coronavirus crisis will prove survival of the fittest

Survival of the fittest is a Darwinian evolutionary theory that believes during natural selection the weak die, leaving only the strongest to continue living and reproduction. With coronavirus lingering for over two months, we learn that this disease…

REITs continue to slide amid concerns over impact of new bill

The benchmark STI slid 1.95% on Fri morning, with REITs leading the decline following concerns that the potential release of a Covid-19 temporary measure bill, which could absolve tenants of their rental obligations for up to six months,…

Food, grocery delivery startups struggle with order deluge

The Covid-19 outbreak has sent demand for grocery and food delivery services spiking, testing the resilience of their logistics capabilities. The pressure could spur these players to strengthen their systems, but there is a risk of ending up…

Keppel Land, Keppel Reit commit to fully pass on property tax rebate to office, retail tenants

Keppel Land and Keppel Reit said on Thurs that they will fully pass on the property tax rebate to their office tenants to support them during the Covid-19 outbreak. Their tenants include offices in Keppel Land’s Keppel Bay…

Time to give Singapore’s fair tenancy framework legislative bite

Five years after a committee under SBF came up with guidelines aimed at halting unfair leasing practices and months after we first heard of Covid-19, which then was known under a different name, concrete steps are finally being…

Singapore retail sales in February down 10 per cent

Singapore retail sales in Feb fell by 10.2 per cent, excluding motor vehicles. In releasing the data, DOS attributed the decline to falling sales of discretionary items due to fewer inbound tourists and lower domestic consumption in the…

First batch of 10 electric buses now being used on five routes

Commuters can now get a greener and quieter bus ride on a few routes in Singapore, with the first batch of 10 electric buses now being used for public transport. The buses operate on services 15, 66, 944,…

MPs and town councils go on social media to show estate upgrades

New lifts for HDB blocks and overhead bridges, upgraded playgrounds, covered linkways and non-slip flooring for the elderly – Bishan-Toa Payoh GRC MP Saktiandi Supaat gave a list of estate improvements in a video he posted on his…

Postponement of condo AGM ruled invalid

Pine Grove condominium appeared set to switch to a newly elected MCST after STB ruled that the previous council’s move to postpone an AGM was invalid. The board, in decision grounds released last week, said there is no…

Food handlers may soon have to wear spit guards or masks

People who prepare or serve food may soon have to wear spit guards or masks when handling food to prevent contamination and stem the spread of the coronavirus. SFA is working with food shop operators and the coffee…

Coronavirus: Patrons grapple with safe distancing at wet markets

It is Fri morning at Kallang Estate Market – a morning that seems like any other – except boxes marked in red can be seen on the floor all around the market. When ST visited the market, dozens…

Tender awarded for industrial site at Jalan Papan for $4 mil

JTC has awarded the tender for an industrial site at Jalan Papan (Plot 6) to China Jingye Construction Enff for $4.01 million. The tender for the site closed on Feb 25, with two bids received. It was launched…

Co-working firm JustCo rolls out rebate for members

Co-working operator JustCo has announced rebates for its members amid the Covid-19 outbreak. Members will enjoy 15% to 30% off membership fees for May 2020. This came before the announcement by the Singapore government on Apr 3 that…

Four-bedroom unit at The Coast at Sentosa Cove for sale at $4.45 mil

A four-bedroom apartment at The Coast at Sentosa Cove, is on the market with a guide price of $4.45 million ($1,695 psf). It is a mortgagee sale. Out of the six properties at Sentosa Cove in Mar 2020’s…

Seller of Regency Suites unit makes $1.62 mil profit

A three-bedroom unit at Regency Suites on Kim Tian Road topped the list of most profitable deals for the week of Mar 17 to 24. The 1,421 sqft unit changed hands for $2.7 million ($1,900 psf) when it…

Small businesses whipsawed by Covid-19 crisis get some financial relief

George Tan, proprietor of Gem Fresh Yong Tau Foo, recalls his new outlet at Food Republic food court in Orchard Road’s Wisma Atria, which opened just last Dec, business had fallen 50% since the outbreak of Covid-19 in…

ERA unveils its own Covid-19 response plans for agents

ERA has unveiled its three-part Covid-19 response plan that is aimed at supporting its agents and clients during the pandemic. The first response plan is the Agency Support Programme which will support ERA salespersons for the next three…

Broad support for government’s income relief scheme, but some agents still fall through the cracks

Steven Tan, MD of OTT, says that agents have been facing uncertainty in terms of their income amid growing pandemic concerns, stricter safe-distancing measures, and infection fears. Assurance in their ability to receive an income and provide for…

Small stores in heartland malls reeling from impact of Covid-19

Tucked away on the second storey of JCube in Jurong East are tiny shops with names unfamiliar to most shoppers. Many of these units operate independently and depend solely on in-store sales for survival. Ms Calynn Lim, owner…

Some have seen a more than 90 per cent drop in the number of visitors

Museums and galleries have been hit hard by the coronavirus outbreak. NHB, which operates the National Museum of Singapore, Asian Civilisations Museum and other galleries in Singapore, told TNP that visits or traffic has dropped drastically over the…

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