Daily Archives: May 12, 2021 (34 Articles Found)

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LHN’s H1 net profit jumps to S$14.8m

Real estate mgmt services group LHN posted a net profit of S$14.8 million for the half-year ended March 31, 2021, from S$3.2 million the year before. Gross profit jumped 60.5 per cent to S$35.2 million. The group’s revenue…

Singapore’s green looks all but gone in Japanese astronaut’s shout-out

The Japanese commander of the Intl Space Station has given the tiny red dot nation a shout-out, though it’s looking more grey from space than any other color. He shared from space a photograph of Singapore and reminisced…

Covid-19: Jewel Changi Airport to close for 2 weeks, restricted access to all passenger terminal buildings

Jewel Changi Airport and all the airport’s passenger terminal buildings will be closed to the public for 14 days from Thurs until May 27, now that there is a growing Covid-19 cluster linked to a cleaner who worked…

Police probe three cases of alleged verbal abuse against safe distancing officers, bus drivers

The police are investigating three separate incidents of abusive behaviour towards bus drivers as well as safe distancing personnel who were carrying out their duties. On Wed, they said that six men involved in the incidents are under…

Covid-19: Sengkang General Hospital nurse likely infected by B1617 virus variant; airport cluster grows to 26 cases

An operating theatre nurse who works at SKH is the sole community case reported on Wed that has no known source of infection yet. The 33-year-old Filipino nurse was fully vaccinated. Of the other nine community cases, seven…

Condo, HDB rents in S’pore climb again in April with 1.3% rise; rental volumes dip: SRX

Rents for condominium units and HDB flats both increased by 1.3 per cent in Apr from the previous month, although the number of leasings dipped. As at last month, condo rents have risen for four consecutive months, while…

MPs reiterate call to address foreign worker safety on lorries

The issue of migrant workers being ferried in lorries resurfaced in Parliament on Tues, with four MPs suggesting various solutions to improve safety and urging the Government to prioritise lives over economic costs. NMP Shahira Abdullah asked if…

LTA to regulate both electric vehicles and chargers under new law

LTA will take over the regulation of EV chargers from EMA, under a new law passed in Parliament on Tues. This move will see the LTA regulate both EVs and charging infrastructure, which Senior Parliamentary Secretary for Transport…

Frisk searches on commuters will be done only in areas where there is video surveillance: Khor

Frisk searches conducted on public transport commuters will be done only in areas where there is video surveillance, and only authorised female officers can conduct searches on a female person. All authorised officers conducting frisk searches have to…

Ng Teng Fong, Changi General Hospital take precautions after staff test positive for Covid-19

CGH and NTFGH have stepped up their defences and put out messages to assure the public after one staff member at each hospital tested positive for the coronavirus on Mon. The first staff member, case 63,073, is a…

Construction firm handed maximum $1 million fine over 2017 PIE viaduct collapse; two employees jailed

A construction firm was given the maximum fine over the 2017 PIE viaduct collapse that left one worker dead and 10 injured. Two of its senior employees were also jailed by a court on Wed. Or Kim Peow…

APAC Realty Q1 net profit more than doubles to S$7.5m

APAC Realty’s net profit for the first quarter ended Mar 31 more than doubled year on year to S$7.5 million, owing to revenue gains from an increase in transaction volumes in the new-home and resale segments. This was…

Sea to replace Suntec Reit on MSCI Singapore Index

Following the results of MSCI’s May 2021 semi-annual index review (SAIR), Singapore-based Sea Ltd is to be included in the MSCI Singapore Index while Suntec Reit will be deleted as of the close of May 27, 2021. This…

JTC appoints Engie to build, own and operate underground district cooling system

Sustainable energy innovation company Engie SEA has been appointed by JTC to build, own and operate an underground district cooling system (DCS) for the PDD. Tan Boon Khai, CEO of JTC and Thomas Baudlot, CEO of Engie SEA…

Keppel teams up with industry partners to explore powering its Singapore data centres with liquified hydrogen

Keppel Data Centres Holdings is partnering with four industry partners to explore the usage of liquified hydrogen (LH2) to power its data centres in Singapore. The company has signed a MOU with Kawasaki Heavy Industries, Linde Gas Singapore,…

Surbana Jurong, Singapore LNG, NUS, and NSCC to explore potential green data centre system

Subana Jurong, SLNG, NUS and NSCC have signed a MOU to collaboratively explore the development of a proof-of-value (POV) for a green modular data centre system. If feasible, the system would be the first of its kind in…

Centurion sees revenue fall by 13% to $30.7 mil in 1Q21 on lower revenue in PBSA segment

Centurion Corp has reported revenue of $30.7 million for the 1QFY2021 ended Mar, 13% lower than revenue of $35.5 million in the same period the year before. The lower revenue was mainly due to lower revenue from the…

Frasers Property posts 18% increase in earnings for 1HFY21 on gain from revaluation of industrial properties

Frasers Property has reported earnings of $275.8 million for its 1HFY2021 ended March, representing growth of 18% y-o-y from $233.8 million previously. The increase in earnings comes despite a 26.6% y-o-y drop in revenue to $1.6 billion for…

IT consultancy Prontastic Group to open Singapore office

IT consultancy firm Prontastic Group will be establishing Prontastic Singapore in response to the growing demand for cybersecurity solutions in SEA. The company’s expansion comes as it expects the cybersecurity market in the region to reach $53.09b (US$40b)…

CapitaLand sees recovery for retail segment head towards pre-COVID levels

CapitaLand’s operational performance continued to improve from 2H 2020 into Q1 2021, with recovery for its retail segment heading towards pre-pandemic levels. Singapore posted an improvement in retail shopper traffic and tenants’ sales in Q1 2021 compared to…

CapitaLand’s improving operational performance continued into Q1 2021

CapitaLand shared that the improving operational performance of its asset classes continued from the second half of 2020 into the first quarter of 2021. However, the pace of recovery is varied across geographies, it said in a business…

S$320 million in contracts awarded for works on Johor Bahru-Singapore RTS Link

Nine contracts worth about RM1 billion (S$320 million) were recently awarded for systems works on the JB-Singapore RTS Link, said operator RTS Operations. RTS Operations – formed in 2020 as a JV between Singapore’s SMRT and Malaysian rail…

VJC student who tested positive for COVID-19 is linked to Changi Airport cluster

An 18-year-old Victoria JC (VJC) student who tested positive for COVID-19 last week has been linked to the COVID-19 cluster at Changi Airport. The student – identified as Case 62941 – had visited the Kopitiam food court at…

Great Singapore Sale teams up with Lazada; says move is ‘timely’ amid return to Phase 2 restrictions

GSS will team up with Lazada this year – a move that its organisers said is “timely” amid the country’s return to stricter COVID-19 measures and a transformed retail scene. The annual shopping affair, which started 27 years…

Man fined and sentenced to corrective work for throwing cigarette butt; caught littering 8 times in 12 years

A repeat offender was fined S$3,600 and sentenced to perform 12 hours of corrective work for throwing a cigarette butt in a public place, said NEA on Wed. Peh Choe Kong, 49, was convicted in court on May…

Construction on 2 Jurong Region Line MRT stations to start this month

Construction works on two MRT stations on JRL will start later this month, LTA said on Wed. The two stations, currently known as JS9 and JS10, will be located along Jalan Boon Lay near Enterprise Road and Jalan…

6 building owners charged under Fire Safety Act for occupying premises without valid fire certificate

Six building owners were charged in court under the Fire Safety Act for occupying premises without a valid fire certificate, said SCDF on Wed. The building owners had allowed their premises to be occupied without a valid fire…

Theory test for e-bike, e-scooter riders to cost S$5 during first three months

The mandatory online theory test for escooter and ebike riders will be kept affordable, said Senior Minister of State for Transport Amy Khor in Parliament on Tues. For the first three months, the test will cost S$5. If…

Businesses navigate second Ramadan amid tighter COVID-19 measures

The streets of Geylang are lighted up but Hari Raya festivities this year will remain a muted affair. Physical bazaars have gone online. And people are adhering to tighter COVID-19 regulations amid a rise in community cases. It…

Covid-19: Infectious person spent 8 hours a day at MacPherson coffee shop from May 3 to 7

MOH said that the infectious persons had spent time at M171 Gourmet Street Coffeeshop at 171 MacPherson Road on May 3, 4, 5, 6 and 7 between 7am and 3pm each day. A KFC fast-food outlet in Junction…

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