Daily Archives: February 24, 2021 (20 Articles Found)

CapitaLand sinks into the red with S$1.67b H2 loss on revaluation losses, impairments

The Business Times

Budget debate: MPs stress need for prudence as S’pore borrows to fund major infrastructure

Two Singapore green companies among 25 winners of UN start-up competition

Only two feeder bus services generated enough revenue to cover operating costs in 2020

1 in community among 7 new COVID cases in S’pore, tested prelim positive for UK strain

4 F&B outlets ordered shut for SMM breaches; 234 fined at parks and beaches

Last 4 people fined over 12-person gathering on Lazarus Island during Phase 2 of COVID-19 outbreak

8 people suffer burns after ‘loud explosion’ at Tuas industrial building

Visitors to Clementi, Dover forests should be mindful of trees prone to falling: SLA, NParks

Condo residents spooked after video shows wild boar entering premises

The New Paper

Need to share sports facilities given high demand, limited capacity

We refer to Mr Jack Chin’s letter (Sports facilities unavailable to public, Feb 19). All ActiveSG facilities cater to all members of the community, including group activities such as NSA’s training sessions. At a time when facilities are…

Reckless cyclists raise risk of accidents at East Coast Park

When a cyclist was sentenced to a week’s jail last Dec over a fatal accident involving a pedestrian, it was a reminder of how dangerous a bicycle can be when handled without due care. I was reminded of…

Promoting water conservation a key facet of PUB’s work

We thank Mr Seah Yam Meng, Mr Philip Siow, Mr Ramamurthy Mahesh Kumar, Mr Tan Kim Hock and Mr Foo Kwang Sai for their feedback and suggestions on desalination and water conservation. It is heartening to know that…

Things to consider in planning to expand cycling path network

Why is there a need to expand the cycling paths in Singapore (Over 20 roads to be assessed for space to provide cycling paths, Feb 22). LTA needs to provide the rationale and justification before embarking on such…

Dublin Lodge on sale for $67.55mil

The owners of Dublin Lodge, a two-storey residential development along Dublin Road, off Killiney Road, have put the freehold development for sale, expecting offers above their $67.55 million reserve price, revealed Knight Frank. This works out to 2,500…

PropertyGuru

Budget 2021 debate: MPs question timing of petrol price hikes when S’pore lacks electric vehicle infrastructure

Several MPs from both sides of the political aisle have questioned the timing of the petrol duty increases, even before Singapore has built up sufficient infrastructure for the mass adoption of EVs. Leader of the Opposition Pritam Singh,…

TODAYonline

CapitaLand sinks into the red with S$1.67b H2 loss on revaluation losses, impairments

Hefty revaluation losses and impairments dragged CapitaLand into its first full-year net loss in almost two decades. These non-cash items, which largely stemmed from extraordinary events relating to the coronavirus pandemic, also led to the property behemoth falling…

The Business Times

Keppel Corp chairman Lee Boon Yang to retire, Danny Teoh to take over

Keppel Corp’s non-executive chairman Dr Lee Boon Yang will retire from the company with Apr 23 2021, right after its upcoming AGM. Danny Teoh, currently chairman of Keppel Corp’s audit committee, will succeed Dr Lee, a former long-serving…

The Edge

Singapore Business Review

PropNex profits grew 47% in 2020, crosses 9,000 mark in sales force

PropNex reported a 47.8% y-o-y growth in net profit after tax for the last fiscal year which ended on 31 Dec. This amounts to $31.2m, led by the domestic demand in both private residential and public housing segments.…

Singapore Business Review

Koufu profit slumps by 65.4% in 2020

For the full year of 2020, Koufu reported a net profit of $9.6m, a 65.4% drop from the $27.84m recorded in the previous year. In the last half of 2020, profits fell to $7.41m from $13.69m for the…

Singapore Business Review

SGX, OneConnect address ESG reporting needs

SGX has entered into a MOU with technology-as-a-service platform provider OneConnect Financial Technology (OneConnect) to collaborate and build an ESG platform. The platform will help companies listed on SGX to efficiently manage and make their sustainability disclosures for…

Budget debate: MPs stress need for prudence as S’pore borrows to fund major infrastructure

Singapore has to move with the times in how it manages its finances – just like how it introduced its NIRC framework in 2008. But it is just as important to remain steadfast to the values of prudence…

Two Singapore green companies among 25 winners of UN start-up competition

Two local sustainability companies have beaten around 10,000 other green firms to join an elite group of 25 winners in a global start-up competition organised by UNWTO. The top 25 will now get access to venture capitalists, mentorship…

Only two feeder bus services generated enough revenue to cover operating costs in 2020

With public transport ridership falling last year due to Covid-19, only two feeder bus services were able to generate enough revenue to cover their operating costs, Senior Minister of State for Transport Chee Hong Tat disclosed on Wed.…

1 in community among 7 new COVID cases in S’pore, tested prelim positive for UK strain

MOH confirmed seven new cases of COVID-19 in Singapore on Wed, taking the country’s total case count to 59,890. There is one new case of locally-transmitted infection in the community. The remaining six are imported. The lone local…

4 F&B outlets ordered shut for SMM breaches; 234 fined at parks and beaches

Four F&B outlets have been ordered to close for breaching safe management measures (SMMs) during the CNY period. On Wed, MSE said that another 13 F&B outlets were fined, as were 234 individuals who breached SMMs at parks…

Last 4 people fined over 12-person gathering on Lazarus Island during Phase 2 of COVID-19 outbreak

The last four people in a group of 12 hauled to court for breaking COVID-19 social gathering restrictions were fined S$3,000 each in court on Wed. British nationals Joshua Adam Roth, 31; Edward John Joseph Lee-Bull, 33; Helen…

8 people suffer burns after ‘loud explosion’ at Tuas industrial building

Eight people were taken to a hospital with burns on Wed, following what witnesses say was a “loud explosion” at an industrial building in Tuas. SCDF said it responded to a fire at 32E Tuas Ave 11 at…

Visitors to Clementi, Dover forests should be mindful of trees prone to falling: SLA, NParks

People visiting wooded areas in places like Clementi and Ulu Pandan should be mindful of dangers such as trees that are prone to falling, SLA and NParks said on Wed. Recent publicity on these wooded areas like these…

Condo residents spooked after video shows wild boar entering premises

They had heard and read about the wild boar attacks at nearby Punggol Walk last Sat and were already concerned. When a video of a wild boar running into the condo’s premises started circulating later, a number of…

The New Paper