Daily Archives: November 10, 2020 (32 Articles Found)

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Annual statistics on waste management published on NEA website

In 2019, about 7.23 million tonnes of solid waste was generated, 6 per cent lower than 2018. This is the third yearly reduction in waste generation since 2017. About 75 per cent of the solid waste generated came…

Electric buses a step in the right direction

According to the national communication and biennial update report Singapore submitted to the UNFCCC in 2018, about 14 per cent of Singapore’s total emissions came from the transport sector. I commend LTA’s move to reduce that number even…

Property experts weigh in on removal of some pricing data from URA portal

The move to refine a property data portal by URA has been questioned by some analysts, who are concerned it may be harder to capture a more nuanced picture of the real estate market. This comes after URA…

Shell Singapore to repurpose core business, downsize Pulau Bukom refinery in low-carbon shift

Shell Singapore said on Tues that it plans to repurpose its core business and halve its crude processing capacity at its Pulau Bukom oil refinery, as part of an overhaul in its journey towards a low-carbon future. As…

Sales of resale condos hit 2-year high in October as prices rise: SRX data

The resale condo market reached a two-year high in Oct with 1,509 units changing hands the same month, according to flash figures from SRX Property on Tues. It trumped the 1,311 transactions recorded in Aug, which was the…

Property startup 99 Group acquires Singapore Real Estate Exchange

Southeast Asian property startup 99 Group announced that it has acquired Singapore SRX, a property platform and real estate data provider in Singapore. With the agreement finalized on Nov 7, 2020, 99 Group will acquire all of the…

‘5 bikes racing towards us’: Couple left with stitches and bruises after run-in with cyclists at East Coast Park

What started as a leisurely evening bike ride for one couple ended in a visit to the hospital after they were allegedly knocked down by a group of speeding cyclists. A 27-year-old man is currently assisting with investigations…

Footage emerges of Changi Golf Club members taking buggies out for joyride into coffee shop

When two of its golf buggies were taken for a joyride out of its premises, Changi Golf Club was miffed enough to lodge a police report last Mon. A couple of club members went all Grand Theft Auto…

Bugis Street, Kopitiam in Jurong East and Lavender St area among places visited by Covid-19 cases while infectious

On Tues, MOH said that the infectious persons had visited Bugis Street located at 3 New Bugis St on Nov 1 between 8.15pm and 11pm, Nov 3 between 3.30pm and 6.55pm and Nov 8 between 11.45am and 3.20pm,…

Man arrested for assaulting 2 Certis officers in Sembawang; allegedly slashed 1 of them with sickle

A 30-year-old man was arrested for assaulting two Certis officers while they were carrying out enforcement duties on Mon, allegedly slashing one of them with a sickle. SPF said that they were alerted to the case that happened…

COVID-19: Singapore confirms nine new cases, one in the community

MOH confirmed nine new COVID-19 cases in Singapore as of Tues noon, taking the country’s total to 58,073. Of the new cases, one is in the community, one resides in a dormitory and seven are imported. The sole…

4 women, 6 men charged for meeting at Arab Street club during circuit breaker period

Four women and six men were charged on Tues for meeting at a club along Arab St during the circuit breaker period in May. The six men include Club Playground’s legal occupier, Teo Guoshun, 34, who was accused…

Singapore may enter Phase 3 before end of the year if ‘all the stars are aligned’: Lawrence Wong

Singapore may be able to enter Phase 3 before the end of the year “if all the stars are aligned”, said Minister Lawrence Wong on Tues. Responding to a question at a multi-ministry task force press conference on…

The 11.11 sale is great except for the plastic waste it generates

Retail therapy. Two words that for the vast majority of us sum up the excitement and anticipation of walking through store aisles or scrolling through shopping apps and finding exhilaration in adding items to our cart and coming…

Singapore to require all inbound non-citizens and PRs to take pre-departure tests, make Covid-19 testing more accessible

Singapore will now require all travellers who are non-citizens and PRs to take a PCR test within 72 hours before departure. The Task Force said these travellers will still be required to serve their Stay-Home-Notice (SHN) upon arrival…

Bukit Sembawang Estates posts 11% climb in 1H earnings of $73.7 mil

Bukit Sembawang Estates has reported 1HFY2020/2021 earnings of $73.7 million, up 11% from the $66.6 million posted a year ago. Revenue for the 1HFY2020/2021 climbed 2% y-o-y to $223.3 million. During the half-year period, profits were recognised for…

Mega-sale events won’t ring in happy holidays for retailers

The demise of department store Robinsons Singapore could portend a more muted holiday sale season, as Covid-19 takes a toll on retailers and their ability to survive, let alone offer the steep discounts consumers have come to expect…

Tuan Sing inks sale and purchase agreement for Robinson Point divestment

Tuan Sing Holdings is another step closer to completing its proposed divestment of 39 Robinson Road Pte Ltd, which owns freehold office tower Robinson Point, at an agreed property value of S$500 million. The property developer on Tues…

Far East Orchard sinks into the red with S$6.3m nine-month loss

Far East Orchard has sunk into the red with a net loss of S$6.3 million for the nine months ended Sept 30, compared with a net profit of S$5.4 million a year ago. This comes as the group’s…

SingHaiyi narrows half-year net loss with boost from Parc Clematis sales

A surge in revenue from sales at its Clementi condominium helped improve SingHaiyi Group’s bottom line for the Apr-Sept period. The real estate developer’s net loss narrowed to about S$4.6 million for the six months, from a S$12.8…

Quarz, Black Crane ask Sabana Reit’s manager to convene EGM

Fund managers Quarz Capital and Black Crane Capital, in a letter sent on Tues and seen by BT, have made a requisition to the board of Sabana Reit manager to convene an EGM. Quarz and Black Crane advise…

How Singapore can break out of land scarcity in data centre space

Singapore is naturally constrained by its size against other large data-centre markets in the region. But what it lacks in size, it hopes to make up for in green innovation. The heat literally is on, with analysts saying…

Logistics players brace for delivery surge this 11/11

Logistics companies are bracing for an unusually busy 11/11 shopping festival this year, as demand for e-commerce deliveries driven by online shopping during the Covid-19 pandemic continues to climb. The event, also known as Singles’ Day, has seen…

Multiple lawsuits added up can be material so why does Oxley Holdings not disclose them?

The High Court will be hearing at least two litigation cases involving Oxley Holdings this week. If you don’t remember being alerted to these proceedings via the listed property firm’s disclosures to SGX, it’s because no such alerts…

Sun goes down on Singapore’s first solar power firm Sun Electric

The sun has set on Singapore’s first licensed solar energy retailer Sun Electric Power (SEP). The electricity retailer for mid-size and large businesses and developer of solar rooftops for JTC is under liquidation after commodity house RCMA Asia…

URA pulls foreigner home buying price data, leaving gaps in market overview

A recent overhaul of URA platform providing data on the Singapore property market has also stripped out certain pricing data on foreign buying, leaving gaps on how such transactions are shaping a robust property market. URA in Oct…

TraceTogether check-in at venues is better, (cyber) safer

By the end of the year, Singapore will be switching to a new Covid-19 mgmt tool: TraceTogether-only SafeEntry. This system is more effective for contact tracing and provides better cyber hygiene, making the switchover a no-brainer. TraceTogether-only SafeEntry…

Port of Singapore named best seaport in Asia for the 32nd time

Singapore beat out three other contenders – Hong Kong, Shanghai and Shenzhen – to clinch the title of best seaport in Asia, for the 32nd time. The Port of Singapore won the “Best Seaport – Asia” award at…

Hawker food, groceries among more popular items paid digitally

Hawker food, groceries and activities, such as terrarium workshops, are among the more popular purchases made via digital payment amid the Covid-19 outbreak. More people have used DBS PayLah! for hawker food and food deliveries, as well as…

Lawyer named to act for Sengkang Town Council-appointed panel

Law firm Tan Kok Quan Partnership has been appointed to act for an Independent Panel tasked by Sengkang Town Council (SKTC) to handle matters related to a court appeal involving WP MPs Sylvia Lim and Pritam Singh plus…

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