Daily Archives: May 6, 2021 (44 Articles Found)

Archives
  • Daily Archives

  •   06
    M T W T F S S
     12
    3456789
    10111213141516
    17181920212223
    24252627282930
    31  
    APPLY

HDB May 2021 BTO in-depth review: Tengah

This month, we will see 3,870 units being offered in the May 2021 BTO launch across four projects. One of the BTO projects in the non-mature estate will be at Tengah, with 780 units of 2-room Flexi, 4-room…

Eateries, diners scramble to alter plans as group sizes set to reduce

With only a few days to go before Mother’s Day on Sun, diners and restaurants are quickly adjusting their plans to adapt to new restrictions. Several restaurant operators told TNP they have been calling customers who have made…

Nursing homes step up measures against Covid-19

Nursing homes have tightened their defences against Covid-19. This follows the rise in the number of community cases, including a resident who tested positive after being discharged from TTSH where a cluster has been detected. It was reported…

FHT ‘remains attractive’ at current price, deemed as ‘laggard no more’: DBS

DBS Group Research analysts Geraldine Wong and Derek Tan are keeping their “buy” call on Frasers Hospitality Trust (FHT) as they view the REIT as “attractive” given its current price at 0.9 times NAV, which is below replacement…

Far East Orchard records net loss of $0.7 mil in 1Q21 due to lower revenue from the hospitality business

Far East Orchard has reported a net loss of $0.7 million for the 1QFY2021 ended Mar, from the earnings of $0.9 million in the 1QFY2020. The net loss is mainly due to the lower revenue from the hospitality…

Frasers Logistics & Commercial Trust DPU up 9.5% in 1H FY2021

Frasers Logistics & Commercial Trust (FLCT) saw its DPU increase 9.5% to 3.80 Singapore cents in the first half ended 31 Mar 2021 from 3.47 cents over the same period last year, revealed Frasers Logistics & Commercial Asset…

21 million-dollar HDB resale flats sold in April as overall prices rise for 10th straight month

HDB resale market remained robust in Apr as 21 million-dollar flats changed hands and overall resale prices rose for the 10th straight month. Experts said the return to phase two Covid-19 curbs will help underpin demand. Resale prices…

Analysts raise AA Reit target price; conversion of assets to data centres a positive surprise

In the case where AIMS APAC Reit converts several assets into data centres once the moratorium is lifted, the reit’s value will be enhanced and well supported by unitholders, DBS Group Research said in a Thurs report. With…

ESR-Reit to raise S$150m as it acquires Singapore, Australia assets

ESR-REIT is looking to raise about S$150 million via a private placement and preferential offering to fund its S$119.2 million acquisition of a Tanjong Penjuru logistics facility, as well as AEIs for properties in Tai Seng and Ang…

Developers’ margins squeezed by higher land, construction costs: survey

The pains of margin compression for property developers in Singapore look set to continue, given recent tightened border measures due to the surge of Covid-19 cases in India. It comes as profit margins of developers had already thinned…

Undervalued property developers: are they worth a second look?

A Number of property developers are trading at undemanding valuations. With some sitting on land parcels, while others are poised to launch residential projects, could they be worth another look? While Singapore continues to work at taming the…

HSR: Not end of the road

Early in Mar, Malaysia paid Singapore $102.8 million as compensation for failing to go ahead with the KL-Singapore HSR project. That closed a chapter on the latest attempt by the two countries to build a cross-border HSR. But…

Strict rules on mask-wearing in hospitals may mean staff need to police visitors

I read with interest ST senior health correspondent Salma Khalik’s article, “Letting visitors take off masks in wards puts patients at risk” (May 4). I am a healthcare worker in a government restructured hospital, and I, too, have…

Many stretching rule on mask-wearing for their own benefit

ST senior health correspondent Salma Khalik is absolutely right to point out the non-compliance of mask-wearing in hospital wards for flippant reasons. This happens in most other enclosed spaces, too, such as buses, MRT trains and restaurants. Many…

‘Uncle’ keeps loo clean and green

If you are ever at Pang Sua Park Connector and need to use the toilet, know that the toilet under the bridge beside Villa Verde Park in Yew Tee is spick and span, with greenery and well-groomed plants.…

CAAS debunks video showing flight from South Asia to Changi Airport on 5 May

CAAS on Thurs debunked a video posted on social media that reportedly showed a group of passengers arriving from South Asia at Changi Airport T1 a day earlier. The video, published on the Singapore Incidents FB page on…

Now serving: 60+ Malay, Indonesian dishes at former Singapore palace

You can now feast like Malay royalty at a new buffet restaurant housed in a former palace. Located at the Gedung Kuning (Yellow Mansion) in the Kampong Glam cultural district, Permata’s executive chef Firdauz Nasir whips up more…

In the race for planet-friendly milk, Singapore startup substitutes dairy with algae

In the scramble for a healthy alternative to cow’s milk that doesn’t cost the earth, a Singapore startup has developed a new type of dairy substitute made from microalgae. A claimed world-first, the algae-based milk is comparable in…

Sembcorp sustainability manager Martyn Harrison shifts to CBRE

Martyn Harrison, corporate sustainability manager at Sembcorp Industries, has left the company after almost three years to join CBRE. Harrison takes on the role of senior sustainability consultant at CBRE, which is the world’s largest manager of commercial…

Why Singapore moved to 21-day hotel quarantine – and a look at the countries with the longest, shortest and ‘most relaxing’ self-isolation requirements

Singapore on Tues announced it would extend its quarantine period from 14 to 21 days for most inbound travellers – except those from seven jurisdictions including Hong Kong – as it battles a flare-up in Covid-19 infections linked…

LTA to look at more paths for cyclists, pedestrians in central S’pore, Bukit Timah to Kallang

Sections of 40 roads around the city, and in Bukit Timah, Bukit Merah and Kallang, may make way for cycling tracks as more space is carved out for bicycles. This is to cater to the growing popularity of…

Cleaners, vector control workers at NEA to have better salary, career progression under new wage scheme

A total of 442 daily rated workers at NEA who have been converted to a monthly wage scheme are now earning higher wages, and in turn, more bonuses. Following queries from ST, a spokesman for NEA said on…

Strong social compact, evolving strategy needed to hold large-scale events in S’pore safely

Given the rapidly evolving Covid-19 situation, the Government will continually assess and adapt its strategies so as to organise large-scale meetings here safely. MTI Minister Chan Chun Sing described this dynamic approach when asked if key events lined…

MOM takes collaborative tack with dorm operators, residents

Inspectors from MOM used to visit the dormitories for foreign workers managed by Mr Eugene Aw only once or twice a year. Such visits tended to be officious affairs, with MOM inspectors checking if the dorms complied with…

Couples scramble after S’pore tightens Covid-19 restrictions on weddings from this weekend

After postponing their wedding twice since last year due to Covid-19, a bride-to-be and her fiance were all geared up for their big day on Sat. But everything changed on Tues night, after restrictions on weddings and solemnisations…

Corporate tours, school visits to be suspended at public libraries and archives from May 8 under new Covid-19 measures

The suspension of corporate tours and school visits are among stricter Covid-19 restrictions at public libraries and archives kicking in from Sat to May 30. Operating capacity at these locations will also be cut to 50 per cent,…

Bloomberg forum moves back to Singapore amid concerns over press treatment in China

The Bloomberg New Economy Forum will move to Singapore this year, in part because of the “very concerning” conditions journalists face in China, according to comments by Bloomberg founder Michael Bloomberg reported by the Financial Times. The Nov…

Travellers grapple with extra cost, disrupted plans due to extended COVID-19 stay-home notice period

Many inbound travellers to Singapore are facing heftier costs for stay-home notice (SHN) dedicated facilities, after authorities announced on Tues that those from higher-risk areas would have to quarantine for 21 days, up from 14 days. These travellers…

‘Another level of stress’: Couples worry about pre-event COVID-19 testing for wedding guests under new rules

When tighter restrictions to curb the spread of COVID-19 were announced on Tues, Stanley’s mind went blank. The changes would mean that guests at his wedding reception on Sat will need to be swabbed. Stanley and his fiance…

COVID-19: Some indoor sports facilities to close temporarily, outdoor exercise classes to continue with reduced capacity

Some indoor sports facilities such as gyms will be closed temporarily from May 8 to May 30 to curb COVID-19 transmission within the community, SportSG said on Thurs. Public and private gyms, fitness and exercise studios, including those…

Sign In to Bookmark This Story

Sign In with Google