Daily Archives: October 8, 2020 (23 Articles Found)

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Why do banks even bother trying to sell home loans with higher interest rates?

1) Mortgage demand and the general state of the real estate market – This is a supply and demand issue. If the bank sees that the demand for home loans is high, or predicts that we’re going into…

Why do District 19 condos consistently appreciate in value?

Representing the bulk of Singapore’s North-eastern region, District 19 has been the hotspot for new condominium launches for the entirety of the past decade. In fact, transaction records show that in the past ten years, 1 out of…

This S’pore startup went against the ‘grain’ and ran cloud kitchens before they got popular

“We were one of the very first few cloud kitchens that served customers without a storefront back in 2015.” “This was before the terms ‘cloud kitchen’, ‘ghost kitchen’ or ‘dark kitchen’ even existed,” said Yi Sung Yong, CEO…

Singtel launches Singapore’s first 5G standalone trial network for enterprises

Singtel has deployed Singapore’s first 5G standalone (SA) trial network at its 5G garage testing facility on Oct 8. The network, which utilises 3.5GHz spectrum and Ericsson’s advanced Massive MIMO (Multiple-input multiple-output) technology to deliver ultra-fast speeds and…

Seize the chance to help economy, environment

As the number of Covid-19 infections dwindles, the Government is relaxing the rules on going back to the office as long as safe measures are observed. For years, there has been a debate on the issue of remote…

Re-evaluate risk of animals to human health

Science has shown that certain groups of animals – specifically some groups of mammals – are more susceptible to contracting Covid-19 than others. In Singapore, certain high-profile wildlife species such as wild boars, macaques and otters have become…

Roll out Covid-19 screening to other at-risk groups

One of Singapore’s key strategies against the coronavirus is mass screening of selected groups. It is heartening to note that Singapore has done the most Covid-19 testing in Asean. This enables early detection as well as ring-fencing of…

Get tough on dog owners who don’t clean up after their pets

Dog owners have been leaving behind a trail of dog poo on the street where I live. I have installed a CCTV camera and put up my own sign asking dog owners to pick up after their dogs,…

Residential demand revived by economic reopening and fiscal measures

As Singapore’s economy progressively started to reopen from early June, the residential property market enjoyed relatively brisk activity that translated into an appreciable uptick in transaction volumes. Edmund Tie’s senior director of research and consulting, Mr Lam Chern…

Office leasing market demand continues to be driven by certain sectors

Colliers Intl, on Oct 7th published its latest research report which examines the office leasing market demand, the performance of the Singapore office property market in Q3 2020 and its prospects ahead. Evaluating the data, Colliers Research notes…

New e-commerce website with virtual showrooms for local furniture companies to showcase products

A new e-commerce platform has been launched for local furniture brands to display their products and attract consumers, as the Covid-19 pandemic puts a halt on exhibitions and trade fairs. The Creativ-Space website, which boasts features such as…

Some chickens in Sin Ming HDB estate to be relocated to Seletar farm after concerns raised

Some free-roaming chickens in Sin Ming Court are getting a new home. On Wed, residents living in the HDB estate received a circular notifying them of the relocation, which is due to overpopulation of the chickens and concerns…

Safety guidelines, tips on hybrid model part of new resilience roadmap for MICE and events sector

A “resilience roadmap” for MICE and events industry was announced on Thurs, offering pandemic-hit businesses guidance on implementing necessary safety measures. It also gave the firms tips on adopting a new “hybrid model” and how they can develop…

3 new grants for companies to switch to more climate-friendly water-cooled chillers

Three new grants aimed at encouraging companies to switch to water-cooled chillers and reduce the amount of HFCs they produce have been launched. The grants will support part of the cost of low global warming potential (GWP) refrigerant…

Food maker Whye Kee Foodstuff fined $17,700 for discharging untreated waste water into public sewers

Local food manufacturer Whye Kee Foodstuff has been fined $17,700 for unlawfully discharging untreated waste water into public sewers repeatedly, said PUB on Thurs. The company was previously fined $14,400 in May last year for doing the same…

More in-dorm facilities to make routine testing more convenient for migrant workers

Nine more in-dormitory facilities will be set up by the end of the month, as Singapore aims to make rostered routine testing (RRT) more convenient and accessible for migrant workers. MOM said on Thurs that there are currently…

9 new Covid-19 infections in Singapore; no cases in wider community for second day running

Singapore has confirmed nine new cases of Covid-19, including five that are imported and four that are linked to migrant workers staying in dormitories. There are no infections in the wider community for the second day in a…

Construction boss fined S$64,000 for taking kickbacks from foreign worker, failing to house 4 others

The owner of a construction company was fined S$64,000 in a district court on Thurs for taking kickbacks from a foreign worker to ensure his continued employment, and failing to arrange accommodation for four others. Yang Wenhui, 55,…

Bugis district in Singapore listed as one of the coolest neighbourhoods in the world

With art murals to admire at Haji Lane and cheap shopping deals along Bugis St, Bugis is a popular destination among locals and tourists in Singapore. So it may not be surprising that this small area in Singapore…

HDB resale flat demand stays strong in September; prices rise for 3rd straight month: SRX

Prices of HDB resale flats increased for the third consecutive month in Sept, with demand remaining elevated after the nearly two-month-long circuit breaker period. HDB resale prices rose by 0.8 per cent in Sept compared with Aug, a…

Teen fined over unlawful gathering at fitness corner

An arrest warrant issued against a teenager, who was part of an unlawful gathering held despite Covid-19 restrictions, was cancelled after she finally turned up at a district court on Tues afternoon. Deputy Principal District Judge Seah Chi-Ling…

Give people sense of ownership over public facilities

When it comes to bad social behaviour at food centres and public spaces, we can see the “solutions” but we seem stuck at changing the situations. People have to become more civic-minded when using public facilities. There are…

Low interest rates could tempt more to borrow beyond their means

Just the other day, I received a notice from my insurance provider notifying me the interest rate credited to my prepayment facility will be revised downwards in response to the low interest rate environment. This latest move is…

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