Daily Archives: May 6, 2020 (37 Articles Found)

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Covid-19 is no ‘black swan’ and this crisis shows pandemic prevention must be part of government policy the world over

Pandemics are conventionally thought of as “black swan” events – totally unexpected and unpredictable. The Covid-19 pandemic was neither unexpected nor unpredictable; many infectious disease experts, myself included, have repeatedly warned of epidemics of novel and known pathogens…

Order online, pick up groceries with Giant’s Click & Collect service

With Giant Singapore’s new Click & Collect service, customers can now enjoy more contactless shopping options. It was launched at Giant Hypermarket Tampines over the weekend, with over 90 per cent of available slots taken up, and it…

Iswaran sends video message to migrant workers to address concerns

MCI Minister S. Iswaran on Tues sent a video message to migrant workers to assuage the concerns of those living in dormitories, who have been subjected to stringent measures and active testing amid the coronavirus outbreak. Speaking in…

Is pent-up demand for property a myth?

Many believe that when showflats reopen after being forced shut for two months, a flock of hungry buyers will be rushing in. As the Covid-19 outbreak trips up the economy resulting in job losses and a recession, it’s…

Residential mortgage auction listings jump 61% in 2019

There were 356 residential mortgage-sale property listings at auctions last year, up 61.1% from 2018, according to Edmund Tie. The 2019 number accounts for 27% of a total of 1,320 auction listings. It says that residential properties bore…

DWS acquires Grade-A logistics facility in Jurong

The real estate investment arm of DWS Group, a global asset manager, has acquired a Grade-A logistics facility in Jurong. The development is at 11 Sunview Way and is close to the upcoming Tuas mega-port. The development is…

Alibaba buys 50% stake in AXA Tower, assumes 50% of the loan

A consortium of investors led by Perennial Real Estate Holdings announced on May 6 that they are selling a 50% stake in AXA Tower for and transferring 50% of the outstanding loan, to Alibaba Singapore, a subsidiary of…

Singapore is not yet halfway through its coronavirus outbreak, says minister

Singapore’s total coronavirus cases have surged in recent weeks to one of the highest in Asia — but the country is not even halfway through its outbreak, according to MND Minister Lawrence Wong. “This is still the first…

COVID-19: Singapore confirms 788 new cases and 7 more clusters, crosses 20,000 mark

MOH on Wed confirmed 788 new coronavirus cases and seven more clusters in Singapore, bringing the total to 20,198. It also reported two additional deaths, bringing the city-state’s death toll from COVID-19 complications to 20. Of the new…

Concerns of infestation as some eateries stop checks for cockroaches, rodents, flies amid circuit breaker

Some eateries have stopped using pest control services during the circuit breaker period, raising the spectre of another outbreak even as Singapore battles the coronavirus. Pest control operators said a handful of restaurants, eateries and coffee shops in…

Businesses given green light to reopen on May 12 need not seek approval to do so: MTI

All businesses in categories given the green light to resume operations on Tues can do so without needing to seek approval, MTI said on Wed. This means all food outlets selling packaged snacks, cakes, confectionery and desserts as…

More reliability for Circle Line with inking of 16-year servicing pact between SMRT and Alstom

CCL is set to become more reliable for commuters with the signing of a 16-year servicing contract between train operator SMRT and Alstom. The long-term agreement announced on Wed comes with unspecified “performance guarantees” and ensures the “continued…

Personal alert button on trial for Tampines seniors

Certain seniors living in Tampines are experiencing having their own personal alert button, as the Government ramps up efforts to protect the elderly who live alone and who might be more prone to falls or in need of…

Couples who bought 2nd homes to get more time for ABSD remission amid COVID-19 disruption

Married Singaporean couples who bought or plan to buy a second home over the next few weeks will now have more time to sell their first property and claim back their ABSD. This is part of the Government’s…

COVID-19: Temporary relief measures for property developers affected by disruptions

Temporary relief measures have been announced for property developers affected by the COVID-19 pandemic and the “circuit breaker” period, the Government announced on Wed. The relief measures aim to help property developers and individuals affected by the disruptions…

Cedele parent, Goodman Environmental fined S$1,000 each for breaching COVID-19 safe distancing measures

The Bakery Depot, which runs the Cedele brand, as well as consultancy group Goodman Environmental have each been fined S$1,000 for failing to enforce proper safe distancing measures. ESG said on Wed that it inspected 20 workplaces that…

COVID-19: Mustafa Centre reopens supermarket after month-long closure

Megamall Mustafa Centre, which was a COVID-19 cluster, reopened its supermarket on Wed, more than a month after it was closed. All other sections of the mall, which sells a range of products from clothes, to shoes and…

‘Brother, you’re almost there’: 6 SAF camps housing 3,000 recovering migrant workers with COVID-19

SAF is housing about 3,000 recovering migrant workers with COVID-19 in six military camps across Singapore. The Jurong, Bedok, Amoy Quee, Guillemard, Tanjong Gul and Lim Chu Kang camps have been converted into community recovery facilities (CRFs). Operational…

Sentosa Development Corporation names Economic Development Board’s Thien Kwee Eng as new CEO

Ms Thien Kwee Eng, Executive VP of EDB, will take over from Mr Quek Swee Kuan as CEO of SDC from Jun 1. Mr Quek will retire from the public service on May 31 to pursue his personal…

Made-in-Singapore surgical masks given to frontline healthcare workers in fight against Covid-19: Chan Chun Sing

Since mid-Feb 2020, ST Engg has begun domestic production of medical-grade surgical masks and the masks are now being tried and fitted at Singapore’s hospitals that are in the frontline fight against Covid-19. On Wed, MTI Minister Chan…

Missing parcels and delivery delays: Logistics firms face bottlenecks as online orders soar

Of late, some logistics firms in Singapore have been straining under the weight of a surge in online orders during the circuit breaker, leading to protracted delivery delays and, in some cases, parcels being lost in transit. Irate…

Wolbachia mosquitoes to be released in Chua Chu Kang, Bukit Batok, identified as high-risk dengue areas

NEA will release male Wolbachia-carrying Aedes aegypti mosquitoes at 207 blocks of flats in Chua Chu Kang and Bukit Batok this month. The selected neighbourhoods have high Aedes aegypti mosquito populations and are at greater risk of having…

Why are dessert shops allowed to reopen before other TCM shops, Lee Bee Wah asks in Parliament

The multi-ministry task force on Covid-19 will “continue to look at” loosening restrictions on TCM halls, Health minister Gan Kim Yong said at Mon’s Parliament sitting after Nee Soon MP Lee Bee Wah pressed for an explanation on…

HDB resale levy: What second-time flat buyers need to understand before buying another flat

For many Singaporeans who bought a HDB BTO flat, the date in which their five-year MOP expires is an eagerly-anticipated milestone. Some might be planning to upgrade to an EC or perhaps wish to move to a bigger…

More social workers at family service centres

The number of social workers at family service centres has increased even as the amount of cases they take on stayed roughly the same. MSF Minister Desmond Lee said this amounts to about 15 social workers last year…

Covid-19: Property tax rebate to help individuals, business

Apr is typically the time for taxpayers like you and I to be filling for our taxes, be it personal tax or property tax. Well, that’s under usual circumstances. However, we are currently undergoing unprecedented times with the…

Championing hawkers with s$1.50 delivery fees: Rishabh Singhvi, WhyQ co-founder

Rishabh Singhvi lamented that WhyQ team has been working hard to onboard new hawkers onto the platform and are busy coping with the surge in orders, due to the nationwide dining-in ban. While the circuit breaker spells negative…

Covid-19: How Lalamove is offering a zero-fee solution in the war of F&B delivery apps

As Singapore continues to battle with Covid-19 and the impact it has dealt on our economy, another war seems to be brewing within the F&B industry. In a bid to survive the plunge in walk-in sales from the…

IBM, IMDA, M1, and Samsung launch 5G industry trial

IBM, IMDA, M1 and Samsung will launch Singapore’s first 5G Industry 4.0 trial, according to an announcement. This is said to demonstrate the impact of 5G for enterprises and drive Singapore’s digital economy. The trial aims to design,…

OUE C-REIT’s NPI up 42.5% to $62.08m in Q1

OUE Commercial REIT (OUE C-REIT) saw its NPI surge 42.5% YoY to $62.08m in Q1 from $43.57 in 2019. Revenue jumped 40.5% YoY to $77.73m from $55.34m over the same period. Income rose thanks to the contribution from…

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