Daily Archives: January 28, 2021 (21 Articles Found)

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Colliers beefs up occupier services team with two appointments

Colliers Intl has appointed Bastiaan van Beijsterveldt and June Chua as executive directors. The former will step up as the head of occupier services in Singapore, while the latter will be the head of tenant representation for its…

China Square Food Centre, restaurant in Boat Quay among places visited by Covid-19 cases while infectious

MOH on Thurs added three more locations to a list of public places that have been visited by Covid-19 cases during their infectious period. It said that the infectious persons had visited Shrimp Prawn Seafood restaurant at 53…

One last walk down Lorong 3 Geylang

A stillness fills the air as I turn onto Lorong 3 Geylang, which is quietly tucked away in between an industrial loading bay, a canal, and a HDB block. The only crackle of sound within earshot comes from…

Using clean energy to power change in the data centre industry

What do FB, WhatsApp, Netflix, and Zoom have in common? These platforms feed our insatiable appetites for entertainment, information, and instant connectivity. But every action we take on these services releases several grams of carbon dioxide into the…

Claims about authorities hiring people to enforce 8-visitor rule during Chinese New Year are false: MSE

Authorities are not hiring people to enforce rules on household visits during the CNY period as claimed by a message circulating on WhatsApp, MSE said on Thurs. The message claimed that an agency will employ 5,000 temporary staff…

Government will ‘proceed with care’ when developing near areas of rich biodiversity: Desmond Lee

The Government aims to strike a balance between the conservation of green spaces, and the development of homes and amenities for the future needs of Singaporeans, said MND Minister Desmond Lee on Thurs. In a FB post, Mr…

No food safety issues found at local egg farm, following complaint about poor poultry welfare: SFA

No food safety issues, nor evidence of poor living conditions for poultry, have been found at homegrown egg farm Chew’s Agriculture, said SFA on Thurs, following a complaint against the producer. The complaint against Chew’s Agriculture had come…

How digital tech can help Singapore tackle crises and build a better society

Singapore is an island city-state. We have no natural resources other than the creativity and industry of our people. In the face of these challenges, technology has been Singapore’s ally. Prior to the pandemic, we had already been…

Covid-19: About 40 vaccination centres will be set up in Singapore

Some 40 Covid-19 vaccination centres will be set up here, with each centre able to deliver an estimated 2,000 injections a day, MOH said on Thurs. More of these centres will be set up over the next few…

Contactless payments are here to stay: Visa

Only six per cent of consumers in Singapore – the lowest of all markets surveyed – would revert to pre-Covid methods of payments after a vaccine is widely available, financial services corporation Visa found in a study on…

2021 a year of two halves for Singapore’s office market

CBRE envisage 2021 as a year of two halves for Singapore’s office market, with the first half likely to be under pressure and the second half witnessing some improvement. “The underlying strength of the office market is underpinned…

Eight office units at Paya Lebar Square up for sale

Eight adjoining office units at Paya Lebar Square have been put up for sale via EOI, revealed CBRE. The eight office units are located on the eighth floor and have a combined strata floor area of around 5,469…

Singapore retailers that charged for plastic bags saw 60% reduction in use

Retailers in Singapore that make customers pay for plastic bags have seen a 60 per cent reduction in their use, according to a study by WWF. Eight retailers in the study, including pharmacy chain Watsons, cosmetics chain The…

Mapletree Logistics Trust DPU rises 1% YoY in Q3 FY2021

Mapletree Logistics Trust (MLT) has recorded a 1% y-o-y increase in DPU to $2.065 for Q3 FY2021 which ended in Dec 2020 on an enlarged unit base, following its equity fundraising during the quarter. According to Maybank Kim…

Singapore real estate market to witness growth in 2021

Amidst the expected decline in transaction volume and prices of prime non-landed residences due to the recessionary environment brought about by the COVID-19, Singapore real estate market is expected to record growth in 2021. According to Knight Frank,…

MBS still most profitable among Las Vegas Sands casinos despite Covid-19 pandemic hit

MBS has emerged as the most profitable casino of parent company LVS amid the Covid-19 pandemic despite a striking decline in earnings. MBS generated earnings of US$144 million (S$191.7 million) in the fourth quarter ended Dec 31, down…

JTC unveils plans to spruce up wafer fab parks

Initiatives are being rolled out to improve conditions in the electronics industry with the aim of attracting more workers and boosting growth opportunities in the sector. JTC unveiled plans yesterday to spruce up wafer fabrication parks. The four…

Five-pronged strategy to build up Singapore as e-commerce hub: Chan Chun Sing

Despite the global supply chain disruption due to border closures and export restrictions caused by the pandemic, Singapore managed to distinguish itself by keeping supply chains and connectivity with the rest of the world open and secured. On…

Timing a ‘make or break’ factor for property deals

“Location, location, location” may be the well-known refrain when it comes to property investment, but good timing can be just as important. This was shown in the latest data from Edmund Tie Research, which showed that a seller…

AIMS APAC REIT reports 18.0% lower 3Q21 DPU of 2.05 cents due to management fees paid fully in cash

The manager of AIMS APAC REIT (AA REIT) has reported a DPU for the 3QFY2021 ended Dec of 2.05 cents, 18.0% lower than DPU of 2.50 cents declared a year ago. 3QFY2021 distributions to unitholders fell 17.6% y-o-y…

Weaker demand for online CNY bazaars, but organisers, vendors press on

With the cancellation of Chinatown’s CNY bazaar this year due to the Covid-19 pandemic, online editions have sprouted up for the first time to keep the festive cheer – and small businesses – going. Even though these digital…

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