Daily Archives: February 17, 2021 (21 Articles Found)

Soilbuild Reit’s independent adviser says S$0.55 per unit offer is ‘fair and reasonable’

Amid push for electric vehicles, getting charging points installed in condominiums remains a challenge

CNA

Banana Leaf Apolo charged with multiple Covid-19 breaches, including providing self-service buffet

Budget 2021: Volunteers set up pop-up grocery booths in housing estates in a bid to prevent food wastage

Govt push for EV adoption: Some car dealers, would-be buyers upbeat on higher sales but see hurdles

Even with Singapore’s push to encourage the adoption of EVs by lowering their overall cost, some car dealers said they are not looking to bring in large numbers of EVs anytime soon, but hope to see a slow…

Middle Eastern restaurant on Dunlop Street visited by Covid-19 cases while infectious

A Middle Eastern restaurant along Dunlop St has been added to a list of public places that had been visited by Covid-19 cases during their infectious period. On Wed, MOH said that the infectious person or persons had…

Meet FoodBot, a four-wheeler robot that delivers food from its ‘belly’ to yours

At NTU, undergraduates and staff members have been getting their food delivered to them by a robot — which looks like a box on four wheels. Emblazoned with two big eyes and a cheeky smile on one side…

Singapore’s electric car charging providers put expansion plans in place amid push from the government

Singapore is likely to see a boom in EV charging operators as efforts are made to expand the charging infrastructure for green cars amid moves by the government to phase out ICE vehicles by 2040. “With the anticipated…

South China Morning Post

Soilbuild Reit’s independent adviser says S$0.55 per unit offer is ‘fair and reasonable’

As Soilbuild Business Space Reit’s (Soilbuild Reit) appointed independent financial adviser, KPMG said the offer to take the Reit private at S$0.55 per unit is “fair and reasonable”, and recommended the Reit’s independent directors to advise unitholders to…

Singapore government unveils 2021 budget with sustainability focus

After a year that saw the nation’s pandemic-hit economy suffer its worst recession since independence, Singapore’s public spending will focus on its recovery from the Covid-19 crisis, but measures to tackle the climate emergency, too, will be front…

Eco-Business

Singapore minister flags risks of low rates on property market

Singapore’s DPM warned that low-interest rates can lead to distortions in asset prices, amid speculation that the government may take fresh steps to cool the housing market. “The interest rates today are ultra-low, and in some cases even…

Bloomberg

Freehold serviced apartment in Balestier for sale at $93 mil

A freehold serviced apartment building in Balestier is on the market for $93 million, according to Showsuite Consultancy. The 15-storey building, known as 12 on Shan, was completed in 2018 and has a GFA of 68,048 sqft. The…

The Edge

Jansen Mansions in Kovan up for collective sale at $19.8 mil

The owners of a 999-year leasehold development called Jansen Mansions in Kovan have put up their property for sale at a reserve price of $19.8 million. The development will be put up for collective sale in a public…

The Edge

Look at leaf blowers, burners and plastics in green plan roll-out

The Singapore Green Plan 2030 is described as a living plan, a whole-of-nation movement that will take into account technological developments and incorporate a continual national engagement process. Early as it may be in this engagement process, I…

The Straits Times

Extend assisted living public housing option to people with disabilities

I am excited to read about the first assisted living public housing project for seniors launched for sale by HDB. With our ageing population, it is timely to have such new housing concepts with services to support seniors…

The Straits Times

BHG department stores in ‘reinvention’ mode, exploring new revenue streams

BHG Singapore is going big on “experiential” retail, digital payments and high-tech counters as it readies its business for drastic makeovers. The department-store operator is also planning to introduce new concepts which could create new revenue streams, said…

Pair of freehold shophouses along East Coast Road up for sale at S$7.8m

A pair of shophouses located at 425 and 427 East Coast Road has been put up for sale via an EOI exercise, with an indicative price of S$7.8 million. The price tag works out to about S$1,092 psf…

Retail, F&B, nightlife operators find Budget measures wanting

Some SMEs in the hard-hit retail, F&B and nightlife sectors say they find that Singapore’s Budget 2021 falls short of its promise to help them “emerge stronger together” from the pandemic. While retail and food services are among…

SINGA, green bonds to finance infrastructure, sustainability projects

In a first since the 1980s, the government will borrow to finance its infrastructure projects. This will primarily be done through the new Significant Infrastructure Government Loan Act (SINGA) bonds, which will finance major, long-term infrastructure developments. The…

New electric vehicle measures expected to jolt sales

The car industry is looking forward to an uptick in sales of EV, following plans announced by DPM Heng to spur Singapore’s switch to cleaner EVs. Car companies that have launched EV models or have them waiting in…

Built environment sector anticipating greater digitalisation and collaboration

To enable the built environment sector to transform as a whole, not only does digitalisation need to take place, but changes in the way that players collaborate and how contracts are tendered should also happen, said industry experts.…

1 community infection among 11 new COVID-19 cases in Singapore

One community case was among the 11 new COVID-19 infections reported in Singapore on Wed. She is a Singaporean woman who works at Aibel, a service company in the oil, gas and offshore wind industries, in an administrative…

CNA

Amid push for electric vehicles, getting charging points installed in condominiums remains a challenge

Mr Adrian Peh bought his second-hand Tesla in 2016, having seen one during a trip to US three years earlier. However, his condominium in Singapore did not have a charging point for EVs, and he was only able…

CNA

Banana Leaf Apolo charged with multiple Covid-19 breaches, including providing self-service buffet

Popular Indian restaurant chain Banana Leaf Apolo was charged on Wed with repeatedly breaching Covid-19 safe-distancing rules last year, during Phase Two of Singapore’s reopening. Singapore Tourism Board had filed a magistrate’s complaint on Jan 20 against the…

Budget 2021: Volunteers set up pop-up grocery booths in housing estates in a bid to prevent food wastage

When visiting a woman who lived alone in a public rental flat, Madam Azlina Ahmad stumbled upon a pile of rice packets cast aside in the corner of the unit. She later learnt that the woman had received…