Daily Archives: July 23, 2021 (42 Articles Found)

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Will the COVID-19 pandemic spell the end of era for the wet market?

For many young Singaporeans, our first port of call for groceries is the supermarket or even an online delivery service like RedMart. However, for the true-blue Singaporean, there is no better place for fresh produce, meat and fish…

MCT reports 22.9% increase in NPI amid higher revenue

Mapletree Commercial Trust (MCT) reported an improvement to gross revenue and NPI during its first quarter, mainly due to lower rental rebates compared to a year ago, and compensation received from a pre-terminated lease. In a business update…

Nightlife body proposes ‘three-ring approach’ to take industry out of rough water

SNBA has proposed various measures under a “three ring approach” in a bid to take the industry out of its current challenges. In an open letter on Fri to the MTF, the association said: “A three-ring approach, with…

Landlords say they have been providing rental support to tenants since Singapore first went into heightened alert

Several landlords in Singapore insisted on Fri that they have been providing rental support in some form, as well as other types of assistance, since as far back as May during the first heightened alert to curb a…

One-third of 4,500 hawkers spoken to using digital platforms for online orders, delivery: NEA, IMDA

About 33 per cent of more than 4,500 hawkers whom ambassadors from the SG Digital Office spoke to were already using online ordering platforms. Of the hawkers who indicated that they have not used any online ordering platforms,…

Higher numbers of unlinked Covid-19 cases in S’pore due to slower identification of linkages: Experts

The higher numbers of unlinked Covid-19 cases recently may not be a cause for concern, as they reflect a slower identification of links between cases, rather than widespread transmission, said experts. There were 29 unlinked cases out of…

130 new locally transmitted COVID-19 infections in Singapore; 3 new clusters identified

Singapore reported 130 new locally transmitted COVID-19 infections as of noon on Fri, including 78 cases linked to the Jurong Fishery Port cluster and six to the cluster in KTV lounges. As of Fri evening, a total of…

‘Too many established names have fallen’: F&B industry group calls for more support from authorities

Representatives from F&B industry on Fri called on the Government to provide more help, saying businesses have been hard hit by closures due to COVID-19 restrictions. In a letter of appeal addressed to Finance Minister Lawrence Wong and…

HDB resale prices rise for 5th straight quarter in Q2

Resale prices in the public housing market climbed 3 per cent in the second quarter of 2021 from the previous quarter, according to HDB on Fri. The increase was slightly higher than the 2.8 per cent rise in…

Singapore’s private home prices rise at slower pace of 0.8% in Q2 amid heightened alert

Private home prices in Singapore rose 0.8 per cent in the second quarter, slightly below flash estimates released earlier in the month amid the COVID-19 heightened alert period. The private residential property price index increased to 163.5 points…

‘Substation 2.0’ to keep up the fight for independent art in Singapore

An underground arts powerhouse that enriched Singapore for over three decades isn’t ready to call it quits despite losing its signature venue. The Substation team announced today that new blood will take over the reins after their farewell…

URA office rent index for central region up 1.3% q-o-q in Q2; islandwide vacancy rises to 12.6%

URA’s rental index for office space in Singapore’s central region rose 1.3 per cent in the second quarter of this year over the previous quarter. This is a smaller increase compared with the 3.3 per cent q-o-q rise…

Singapore retail property rents, prices continue to slide in Q2

Retail property rents and prices in Singapore’s central region continued to slide in the second quarter this year. URA’s rental index for retail space in the central region fell 0.5 per cent in the second quarter of this…

Iswaran to oversee more aspects of tourism portfolio; travel by year-end still a possibility

Transport Minister S Iswaran will oversee more aspects of the tourism portfolio to ensure that regulations, policies and protocols between the tourism and aviation sectors are aligned to support the wider reopening of Singapore’s borders to overseas visitors.…

The institutional failures behind Singapore’s latest COVID outbreak

Singapore is currently in the midst of its largest domestic COVID surge, with 192 cases directly linked to an outbreak centered around the country’s KTV lounges. Most of these KTVs are not innocent family-friendly affairs: Like another outbreak…

Businesses welcome wage support, other measures in $1.1b Covid-19 relief package

The additional wage support during this period of tightened measures is a much-needed relief for firms, said business and trade associations. Businesses welcomed the $1.1 billion Covid-19 support package announced by MOF on Fri, which comes as Singapore…

One-off $500 assistance for NEA-managed hawker centre and market stallholders

Hawker centre and market stallholders bearing the brunt of tightened Covid-19 restrictions will receive a one-off cash assistance of $500 per stallholder, as part of relief measures announced by MOF on Fri. The new Market and Hawker Centre…

Rental help for SME tenants in commercial properties

Eligible tenants of commercial properties will get additional help with rent payments, as Singapore tightens restrictions to curb Covid-19 infections in the community. SMEs and eligible non-profit organisations with an annual revenue not exceeding $100 million qualify for…

AirAsia food delivery off to slow start in S’pore; CEO Tony Fernandes says it will take time to grow

AirAsia’s food delivery service in Singapore is off to a slow start in the four months since it launched, with just about 100 orders daily. AirAsia CEO Tony Fernandes provided the update on Thurs. But he said the…

Two new SGUnited courses to help job seekers upgrade digitalisation skills

Job seekers looking to upgrade their digitalisation skills and improve their employability in the technology and built environment sectors can now look forward to two new courses. SSG will roll out both courses under the SGUnited Jobs and…

New scheme in Bukit Merah to help feuding neighbours and avoid escalation to courts

Feuding neighbours living in Bukit Merah will be linked by a NPC to a social service agency at an early stage before the dispute escalates and ends up in court. In a new pilot scheme under Project Restore…

Meal areas set up in malls, community centres for front-line workers

Meal areas have been set up in malls and CCs for front-line workers to have their meals as Singapore tightens measures for the coming weeks to stem Covid-19 infections. About 30 such venues have been set up across…

F&B and beauty sectors in Singapore adjust to mandatory Covid-19 testing

For one F&B business, mandatory Covid-19 tests for employees, in place since July 15, have become a part of its SOP, even as dining in is no longer allowed under tightened measures that kicked in on Thurs. As…

Two-bedroom loft at Draycott 8 on the block for $2.8 mil

A two-bedroom loft apartment at Draycott 8 in prime District 10 will be put up for sale by its owners with a guide price of $2.8 million at SRI property auction on July 29. The unit on auction…

Far East Hospitality’s Arthur Kiong: Remaking the hotel industry

The quick return to tighter restrictions on July 22 highlights the importance of improvisation in business, which Arthur Kiong, CEO of Far East Hospitality, seems to have a knack for. A hotelier for the past three decades, Kiong…

Singapore industrial prices, rents up in Q2 2021

Singapore saw industrial property prices and rents continue to rebound, increasing 1.8% and 0.6%, respectively in Q2 2021. Rental growth was observed across all warehouse and factory submarkets. Rents for warehouses increased 0.2% q-o-q, while rents for single-user…

Two adjoining terraces at Chiap Guan Avenue up for sale

A pair of 999-year leasehold terraces at 18 and 20 Chiap Guan Ave has been put up for sale via tender, revealed Colliers Intl. Located within the landed housing district of Kovan, the properties – which comprise an…

Singapore’s return to tighter rules raises the question: What does living with Covid-19 really mean?

After Singapore this week reimposed Covid-19 restrictions that were eased just days earlier amid raised hopes that the city-state would adapt to living with the virus, the frustrations of whiplashed Singaporeans were laid bare on social media. On…

‘Zero Covid’ economies like Hong Kong, Singapore, Australia risk being left behind: EIU report

“Zero Covid” economies in the APAC region risk being left behind as the world recovers from the coronavirus pandemic, with years of potential border closures threatening their future prosperity, a report has warned. Hong Kong and Singapore face…

Covid-19: All nightspots suffering unfairly over wrongs of handful of errant KTVs, says industry body

Following the outbreak of the KTV nightclub Covid-19 cluster, SNBA on Fri appealed to the public not to tar the entire industry with the same brush. “In the past few weeks, the broad spectrum of nightlife has unfairly…

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