Daily Archives: January 14, 2021 (28 Articles Found)

Surf’s up in Singapore: Rare waves at Changi draw surfers unable to travel for their sport

Keppel DC REIT increases limit of multicurrency medium term note programme to $2 bil

Mapletree, Keppel Land to launch luxury waterfront project

Singapore REIT sector raised $4.5b in secondary fundraisings in 2020

Frasers Property recognized for green initiatives

Singapore maritime industry remains as ‘world’s top bunkering hub’

LTA awards $34.3m contract for Downtown Line’s Hume station

SPH REIT gross revenue up 10.8% to $66.6m in Q1 FY2021

Ascott Residence Trust secures $50m green loan from DBS

Let people get recycling info easily from messaging apps

With the effects of climate change becoming more prominent in our daily lives, it is worrying that the domestic recycling rate dropped from 22 per cent in 2018 to 17 per cent in 2019. Despite these statistics, I…

Let’s be open to creativity and the arts

We should be more broad-minded and accepting of creativity and the arts (Pasting stickers on lamp post an act of vandalism, Jan 12). Since 2000, Singapore has declared its ambition to become a global city of the arts…

Have location marker instead stickers on lamp post

The issue on making an exception to allow the pasting of stickers on a Tuas lamp post has drawn differing opinions. I suggest a nicely designed marker post be installed in the vicinity of the lamp post. This…

Hard time for elderly parents at Gardens by the Bay exhibition

My elderly parents and I visited the Once Upon A Time On The Orient Express exhibition at Gardens by the Bay on Tues morning. It was raining heavily and there was no shelter from the drop-off point at…

How this S’porean transformed his family’s snack store into a popular brunch cafe at only 20

Tucked away in a nondescript neighbourhood along Crawford Lane is a cafe that is constantly bustling with customers. Singaporeans are known to be foodies and can suss out a good spot easily. Thus, the snaking long queues seen…

Vulcan Post

This S’pore family biz strikes gold with White Bee Hoon – Its revenue hits over S$1m a month

Singaporeans living in the North region will certainly have heard of the famous white bee hoon restaurant in Sembawang that always has snaking queues. Its signature white bee hoon is a dish made out of rice vermicelli soaked…

Vulcan Post

New HDB Flat Portal displays low-interest home loan rates from banks

HDB has launched the new HDB Flat Portal, which is a combination of the existing portal and a new interface that includes calculators and guides specifically targeted at flat buyers. The new portal also has a revamped user…

99.Co

Lian Beng H1 net profit falls 5.2% to S$17.6m

The financials of Lian Beng Group took a hit in the first half-year, as Covid-19 restrictions hammered the construction segment. Net profit fell 5.2 per cent y-o-y to S$17.6 million for the six months to Nov 30, 2020,…

The Business Times

Sole COVID community case is a para-veterinarian with Police K-9 Unit; 44 new infections imported

MOH confirmed 45 new COVID-19 cases in Singapore on Thurs, taking the country’s total case count to 59,029. Of them, one is a new case of locally-transmitted infection in the community, while 44 others are imported. The sole…

Yahoo! News

Courts Singapore to open giant flagship where Robinsons vacated The Heeren

Courts Singapore is to take over the former Robinsons department store prime space at The Heeren to launch its largest flagship in the city. The electronics and furniture retailer will open a giant six-storey store which spans about…

Inside Retail

Sentosa Cove’s pink waters could be caused by algae bloom due to recent heavy rain, experts say

The unusual sight of a canal turning pink at Sentosa Cove in recent days, after scores of dead fishes appeared there, was likely caused by algae bloom, marine experts said on Thurs. This is a natural phenomenon where…

TODAYonline

Road trials launched for driverless road-sweeping vehicles that produce zero emissions, less noise

Driverless road-sweeping vehicles might become a common sight on Singapore’s streets in the near future, as NEA is trying out two such vehicles over the next half year. The trials, which started in Jan this year, will run…

TODAYonline

About 27,000 marine sector workers tested for COVID-19 in ‘one-time sweep’; vaccinations have started, says MPA

About 27,000 shore-based personnel were tested for COVID-19 in a “one-time sweep” between Jan 2 and 8, MPA said on Thurs, adding that all but one tested negative. “All have tested PCR-negative except for one person who was…

Surf’s up in Singapore: Rare waves at Changi draw surfers unable to travel for their sport

Just off the coast of Changi, a line of surfers and windsurfers were out catching the waves and the wind on a sunless Wed afternoon. While this spot near the NSRCC has been known to surfers in Singapore…

Multiple-user factory rent marginally contracts in Q4 2020

Singapore saw the median rent of multiple-user factory spaces decline marginally by 3.1% q-o-q to $1.73 psf pm in the fourth quarter of 2020, revealed a Knight Frank report. On an annual basis, multiple-user factory rent slipped 0.9%.…

PropertyGuru

Four-bedroom unit at St Regis Residences incurs $3.2 mil loss

The top loss during the week of Dec 29, 2020, to Jan 5, 2021, was incurred by the seller of a four-bedroom unit on the seventh floor at St Regis Residences in District 10. The 2,594 sqft unit…

DuPont biotech plant opens up high-skill jobs

A new manufacturing facility set up here by speciality chemicals company DuPont will create new high-skill manufacturing jobs in the energy and chemicals industry, said MTI Minister Chan Chun Sing yesterday. The enzyme-blending facility will also entrench Singapore…

Margin squeeze puts F&B players in a spot over food delivery demand

Food delivery looks set to become a more permanent source of revenue for F&B firms in Singapore, but its related costs are also increasing firms’ overall operating costs, putting them in a conundrum. As a result, some operators…

The Business Times

Wave of regional buyers expected to land on Sentosa Cove

The sales momentum for bungalows in the waterfront housing district of Sentosa Cove is expected to strengthen further this year as travel restrictions are eased and potential buyers from the region allowed entry into Singapore to view the…

The Business Times

APAC Realty changes use in IPO proceeds

APAC Realty says it will use the $2 million of the IPO proceeds that were initially allocated for the group’s working capital. Of the $2 million, $1.25 million will go towards the refurbishment of the ERA APAC Centre…

Keppel DC REIT increases limit of multicurrency medium term note programme to $2 bil

Keppel DC REIT MTN, a wholly-owned subsidiary of Keppel DC REIT, and issuer of the multicurrency medium term note programme, has increased the limit of the programme from $500 million to $2 billion. Perpetual securities have also been…

Mapletree, Keppel Land to launch luxury waterfront project

Mapletree Investments and Keppel Land are jointly developing a new luxury waterfront project, The Reef at King’s Dock, which will open for preview from 16 Jan The Reef at King’s Dock is strategically located in the HarbourFront and…

Singapore REIT sector raised $4.5b in secondary fundraisings in 2020

Trusts that represent the Singapore REIT sector raised $3b in placements, whilst five trusts raised a further $1.5b in rights issues for a total of 4.5b in secondary fundraisings in 2020, according to an update by SGX. The…

Frasers Property recognized for green initiatives

Five commercial properties of Frasers Property were presented eight certificates as recognition of their strong efforts made in implementing building practices and initiatives to reduce carbon footprint and promote sustainable consumption and production. The Frasers Tower, Alexandra Technopark,…

Singapore maritime industry remains as ‘world’s top bunkering hub’

Singapore’s maritime industry continues to progress and has managed to retain its top spot in global rankings despite challenges in the economy brought about by the circuit breaker. According to Senior Minister of State of Ministry of Transport…

LTA awards $34.3m contract for Downtown Line’s Hume station

LTA has awarded JSM Construction Group a $34.3m contract for the completion of the Hume station on the DTL. The new contract covers the construction of a station entrance, ventilation shaft, and fitting-out works for the new station.…

SPH REIT gross revenue up 10.8% to $66.6m in Q1 FY2021

SPH REIT reported a 10.8% YoY increase in gross revenue to reach $66.6m in Q1 FY2021, the REIT stated in its latest business update. The rise was largely attributed to its Australian shopping complex property Westfield Marion’s revenue…

Ascott Residence Trust secures $50m green loan from DBS

Ascott Residence Trust (ART) has obtained a $50m five-year green loan from DBS. ART said it is the first hospitality trust in Singapore to secure a green loan. Proceeds from the loan will be used to finance lyf…