Daily Archives: April 7, 2020 (41 Articles Found)

Archives
  • Daily Archives

  •   07
    M T W T F S S
     12345
    6789101112
    13141516171819
    20212223242526
    27282930  
    APPLY

4 must-knows before refinancing into a low-interest SIBOR home loan

1) If you’re currently on an HDB loan, there’s no “undo” button – You can refinance from an HDB loan into a bank loan to pay less interest. However, can’t undo this HDB loan to bank loan move;…

UOB to shut down 24 branches

UOB will close 24 branches and dedicate its first banking hour to elderly and vulnerable customers starting 8 Apr, following the announcement of stricter distancing measures. Thirty-eight branches will remain open, with the nearest available branch nestled within…

Coronavirus: Scientists from local universities to scale up crowd mapping system islandwide

When there is traffic congestion on the expressway, the density of vehicles on that stretch of road is reflected on the Google Maps app using various colours: blue for low density, orange for moderate density and red for…

MAS waives TDSR limits for borrowers seeking to defer mortgage repayments

Singapore’s central bank has clarified that some of the limits used to calculate the amount an individual can borrow to repay housing and consumer loans will not apply to deferred repayment measures announced last week. MAS said on…

Ex-property agent jailed for cheating client of more than $26,000

A senior PropNex property agent duped one of her clients into paying more than $26,000 in purported stamp duty fee to settle a similar fee for another client. The victim, Madam Ainur Rashidah Othman, who was asked to…

Pedestrian-only zones to be set up in Khatib Central and Bedok Town Centre

Two pedestrian-only zones (POZ) will be set up at Khatib Central and Bedok Town Centre in the coming months to improve safety for pedestrians in these areas, down from the five zones initially planned. Cyclists and users of…

COVID-19: More than 7,000 breaches of elevated safe-distancing measures on Day 1 of ‘circuit breaker’

More than 7,000 written advisories were issued on the first day of a nationwide “circuit-breaker”, a month-long period of enhanced safe-distancing measures to curb the spread of COVID-19. Most of these advisories were issued to members of the…

COVID-19: Banks roll out priority hour for the elderly and vulnerable

Banks in Singapore will set aside dedicated hours for elderly and vulnerable customers, as part of safe distancing measures during the country’s month-long “circuit breaker” period. UOB announced on Tues that the first hour of operations at its…

COVID-19: Cleaning fees to be subsidised by NEA in support for stallholders at hawker centres

More than 6,000 cooked food stallholders across 114 hawker centres in Singapore will not have to pay for table-cleaning and centralised dishwashing services, NEA said on Tues. This move is made in support for hawkers during the nationwide…

As circuit-breaker measures kick in, a usually packed CBD is largely deserted

By 7pm on day one of the month-long “circuit-breaker” measures on Tues, there was barely a soul in sight in CBD area, with most shops shuttered and an unfamiliar hush in the air. When TODAY arrived at 5pm,…

Covid-19: 106 more infections in Singapore, S11 Dormitory cluster grows to 98 cases

MOH on Tues announced that there were 106 new cases of Covid-19. Of these, 39 cases were linked to clusters of infections at foreign worker dormitories and 23 were linked to non-dormitory clusters. MOH said that further epidemiological investigations…

Cleanliness at 2 gazetted foreign worker dorms stepped up, meals delivered in timely manner: MOM

Waste mgmt and sanitation regimes at two of the foreign workers’ dormitories gazetted as “isolation areas” have improved in recent days, following concerns of unsanitary living conditions there, MOM said on Tues. MOM said that dormitory operators at…

Extend rental waivers for tenants of govt agencies until end of 2020

The Government has said that it is committed to helping businesses survive and keeping workers gainfully employed during the Covid-19 crisis. Yet, as an owner of an online business-to-consumer business — a SME — that sells to customers…

Unable to fulfil a contract during the Covid-19 crisis? Here’s how a new law may grant a break

1) Leases and licences of non-residential property – Tenants seeking relief must show that they are unable to pay rent, and that the inability to pay is due to a Covid-19 event. Mr Shanmugam said that REITAS have…

Covid-19: Proposed law to give people relief from contracts not a move taken lightly, Shanmugam says

The Government does not take lightly the act of intervening in contracts, but a “legal circuit breaker” is necessary to provide breathing space for individuals or organisations that have not been able to fulfill contractual obligations due to…

Yaacob Ibrahim apologises for Facebook remark on foreign workers gathering near Kallang MRT

Former Cabinet Minister Yaacob Ibrahim on Tues apologised for his remark in a FB post that has drawn ire from online users for being “insensitive”. The post, which was put up on Sun by the MP for Jalan…

COVID-19: Temporary Bill to allow government to enforce enhanced safe distancing measures

The Singapore government is set to pass the COVID-19 temporary measures Bill in Parliament on Tues, giving it the legal basis to enforce the enhanced safe distancing measures that began on the same day. In tabling the Bill,…

SPH sued for alleged ‘unlawful means conspiracy’ by founders of tech firm behind real estate platform SRX

In 2014, SPH forked out $30 million to acquire a 60% stake in CoSine Holdings, the holding company for software firm StreetSine Technology Group (SSTG). STSTG comprised StreetSine Singapore, StreetSine Hong Kong, and the digital platforms Singapore Real…

Covid-19 negative impact on office market to show in Q2 2020

Singapore saw average CBD Grade A rent remain unchanged quarter-on-quarter at $10.09 psf pm in the first quarter of 2020, while Grade B offices eased its rental decline to 0.3% quarter-on-quarter at $8.44 psf pm, revealed a Colliers…

Tighter rules for hospital visitors

There will be stricter rules for those who want to visit patients in hospital starting today, when Singapore’s circuit breaker measures kick in amid the Covid-19 outbreak. Posting on its website yesterday, TTSH said visitors will be allowed…

F&B firms stay afloat with innovation and technology amid Covid-19

With a ban on dining-in among the new “circuit breaker” measures taking effect, food outlets will be facing their biggest challenge yet as the coronavirus crisis rages on. But Mr Muhammad Husain Mansoor, 33, is not about to…

Adopt idea of one-way supermarket aisles

Safe distancing rules have kicked in, making it an offence to sit or stand less than 1m apart from others. All supermarkets now have floor markers to mark queueing positions for shoppers at check-out counters. However, it is…

Covid-19 measures leave Southeast Asia’s migrant workers exposed, lay bare their living conditions

The spread of the Covid-19 coronavirus among Singapore’s migrant workers has thrown the vulnerability of this community into sharp relief as SEA continues to grapple with the pandemic. The city-state’s response to the pandemic in recent months, such…

Living conditions at S11 Dormitory, Westlite Toh Guan dormitories have ‘stabilised’: Migrant Workers’ Centre

The living conditions at the S11 Dormitory @ Punggol and Westlite Toh Guan Dormitories has “stabilised”, particularly in key areas such as the distribution of meals and cleaning, said MWC on Tues. It had been working with its…

8 stores given warnings for not complying with COVID-19 safe distancing measures

Seven F&B outlets and one retail store have been issued advisory letters for not implementing adequate safe distancing measures, ESG said on Tues. The outlets are ChiCha San Chen at Jem and Tampines 1, Kaffe and Toast at…

With steep commissions, have food delivery apps failed to disrupt?

The high merchant fees charged by food delivery platforms are under scrutiny amid the Covid-19 outbreak, in a reckoning that may be overdue. The big question now is if these apps have fallen short on delivering productivity gains…

T2 operations, Airport Development Levy suspended

Singapore’s Changi Airport will suspend operations at T2 for 18 months amid the deepening coronavirus crisis that has reduced the global travel industry to a standstill, Transport Minister Khaw Boon Wan said on Mon. At the same time,…

Reitas flags concerns over move to relieve tenants of rental obligations

Reitas has cautioned against putting “significant strain” on landlords’ finances with a new Bill that may give businesses a reprieve from contractual obligations including rent payments, even as it acknowledged the importance of supporting tenants in the crisis.…

Relief for businesses is limited by design

Even with Apr’s “circuit breaker” set to expire on May 4, some analysts called for aid to be extended as companies struggle with the financial fallout from a deadly viral pandemic. The fresh foreign worker levy relief follows…

Boustead flags potential project delays; 4 cases from Seletar cluster discharged

Boustead Singapore expects some projects to face potential delays due to containment measures worldwide as well as possible “significant” disruptions to the global supply chain amid the coronavirus pandemic. Where applicable, project schedules will be reviewed with clients…

Sign In to Bookmark This Story

Sign In with Google