Daily Archives: December 16, 2020 (20 Articles Found)

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Singapore’s hawker culture gets the nod to be included on UNESCO intangible cultural heritage list

Singapore’s hawker culture was officially approved on Wed to be inscribed into UNESCO’s list of intangible cultural heritage of humanity. The 24-member IGC made its decision during an online meeting, following a recommendation from a 12-member evaluation body…

ActiveSG camp broke agency’s own rules

In June, SportSG closed all ActiveSG indoor sport halls for a day after a group of badminton players, including a Covid-19 patient, flouted safe mgmt measures. Members of the badminton fraternity in Singapore have generally adhered to the…

Condo rents inch up for 5th month as private, HDB rental volumes rise in November: SRX

More people rented condominium units and HDB flats in Nov, even with border restrictions still in place. The rental volume for condominiums rose 3.8 per cent m-o-m to an estimated 4,443 units in Nov from 4,281 units in…

Are new launch bigger bedroom units getting more expensive?

I’m sure most of you would know by now when it comes to general new launch pricing. Small units equals higher PSF, big units equals lower PSF. In the past, where there has been added emphasis on smaller…

Singapore Port in advanced talks for Lim family’s terminal stake

Singapore’s state-backed operator Jurong Port is in advanced talks to buy a stake in a petroleum storage hub from the family behind collapsed oil trader Hin Leong Trading according to people with knowledge of the situation. The deal…

SMRT files police report against ‘uncooperative’ man who defied staff, forced his way on train with non-foldable bicycle

MRT said that it has lodged a police report against an “uncooperative” commuter who took a non-foldable bicycle on board a train despite the efforts of its staff to stop him. In a FB post on Wed, SMRT…

Migrant workers get back to cooking and daily runs after communal activities resume in dorms

For seven months this year, Mr Zhang Jinlei stayed inside his dormitory room. He could not freely leave its compounds except when work resumed, as part of the authorities’ measures to curb the spread of the coronavirus in…

Zoom to set up R&D centre and hire hundreds of engineers in Singapore

Zoom Video Communications said on Wed it would expand its presence in Singapore by opening a R&D centre and will immediately hire hundreds of engg staff for the new operations. The video-conferencing services provider said that is also…

Singapore co-living startup Cove raises $4.6m in Keppel Land-led round

Co-living platform Cove has raised over US$4.6 million in a series A funding round led by Keppel Land. Idinvest Partners, a unit of private equity firm Eurazeo, has also joined the funding round with existing investors including Antler,…

COVID-19: F&B businesses welcome Phase 3 announcement, say customers hungry to dine in bigger groups

Local F&B establishments have welcomed Singapore’s move to allow bigger social gatherings in Phase 3 of its reopening, following a “circuit breaker” period that saw most businesses shuttered due to the COVID-19 pandemic. Speaking to CNA, Mr Sum…

Food processing company fined S$5,000 for unclean premises and improper storage of food

Food processing establishment Traditional Kueh Baulu Trading was fined S$5,000 in court on Wed for failing to keep its premises clean and improper storage of food. SFA said that it found “multiple hygiene lapses” while conducting a routine…

Club owner and 7 others fined for meeting at Arab Street club during circuit breaker

During the “circuit breaker”, when all social gatherings were prohibited, a club owner invited his business partners and shareholders to his outlet in Arab St to discuss how to deal with the financial losses from the pandemic. The…

Poor trading conditions driving founder-led privatisations

The proposed privatisation of Soilbuild Business Space Reit on Mon marks the latest in a string of founder buyouts of Singapore-listed businesses that have found their share prices pressured by Covid-19 challenges this year. There have been about…

Suntec Reit top pick for RHB on attractive valuations, earnings recovery

RHB on Wed said Suntec Reit remains its preferred pick in the office/retail Reit space due to its attractive valuation and earnings recovery from its recently completed and acquired assets. RHB analyst Vijay Natarajan expects DPU to rebound…

Workplace arrangements under review with Phase 3 reopening

The multi-ministry task force is reviewing workplace arrangements, following Mon’s announcement on the move to Phase 3 reopening on Dec 28, said Manpower Minister Josephine Teo on Tues. he added that discussions have been in the works for…

JustCo launches Digital Future of Work Platform that allows users to book co-working booths

Co-working operator JustCo has launched its Digital Future of Work Platform at a ceremony officiated by MTI Minister Chan Chun Sing. The technology enables users to decide where and how to work. From hub-and-spoke offices, flexible workspaces to…

Singapore lures workspace operators amid pandemic property slump

Arcc Spaces’ newest 19,000 sqft flexible workspace in Singapore looks like a luxury hotel’s lobby – 20 stories up. Down the road from the city-state’s stock exchange, and with a commanding view of the famed MBS hotel, it…

Relaxed rules set to boost sales, but border reopening is key

The move to relax restrictions and enter phase three of the economy’s reopening on Dec 28 was welcomed by businesses, with those in retail, restaurants and the tourism sector hopeful of a boost to sales and footfall by…

Worker dies in workplace accident after sheet pile falls on him

A 29-year-old Bangladeshi worker at a LTA construction site beside the Changi MRT depot died yesterday morning after a workplace accident. MOM said the latest accident occurred in Koh Sek Lim Road, which runs into the Changi MRT…

At Golden Mile, some are still partying like there’s no Covid-19

Most people in Singapore have been disciplined in the fight against Covid-19 by observing safe distancing measures and adapting to changes amid the new normal. But an underground scene appears to have taken root in some places where…

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