Daily Archives: September 8, 2021 (33 Articles Found)

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HDB November 2021 BTO in-depth review: Hougang

3,520 flats will be offered across seven projects in one mature and four non-mature estates for the Nov 2021 BTO sales launch. It will also be the second time this year that HDB is offering BTO flats in…

Guide to understanding & analysing REITs in Singapore

In Singapore, REITs are often heralded for their high dividend yields (typically ranging from 4% to 8%), low-entry diversification into real estate, and their liquidity as compared to physical investments. In fact, Singapore is the largest REIT market…

Singapore reports 349 new COVID-19 cases, two imported; MOH to stop providing number of linked, unlinked COVID cases in daily report

MOH on Wed confirmed 349 new COVID-19 cases in Singapore, taking the country’s total case count to 69,582. Of them, 347 are locally transmitted. Two cases are imported. MOH also announced that it is revamping the format of…

Burger joint FatPapas to close Bali Lane outlet, new halal concepts on the horizon

FatPapas, the halal offshoot of Fatboy’s The Burger Bar, is counting down the days to the closure of its remaining outlet on Bali Lane. On Tues, the burger joint opened by Singapore rapper Sheikh Haikel and Fatboy’s founder…

4 men investigated for verbally abusing public workers, including bus captain and safe distancing officers

SPF are investigating four men who allegedly used abusive language against a bus captain, two safe distancing enforcement officers and a police officer in four separate incidents in July and Aug. In the first incident on Jul 31,…

Online grocer OurPasar Essentials fined for improper storage of raw meat and seafood

An online grocer was fined on Wed for keeping meat and seafood in an unlicensed cold store and for storing raw meat for sale without a chiller. OurPasar Essentials was fined S$11,000. Its MD Muhammad Shafizan Saikh Abdul…

‘Talk to rich people nicely’: Two women fined for hurling degrading comments at NEA officer

After being caught lighting up outside a designated smoking area along Orchard Road, Chee Kam Fah and Koh Lee Yen lashed out at an enforcement officer, asking her to “talk to rich people nicely” and calling her a…

Covid-19: NSF gets probation after visiting female friend on stay-home notice for birthday surprise

While his friend was serving SHN in a Ritz-Carlton Millenia Singapore hotel room, Kaiser Sow went over to surprise her for her birthday. They spent an hour in the room and he was almost caught by a hotel…

Covid-19: With recent spike, is it necessary to allow employees to work from offices?

There was collective relief when the national Covid-19 task force announced the easing of coronavirus curbs last month. People have been yearning for social gatherings, which may be crucial to their mental well-being in the long run. But…

Over 40 disgruntled members of 2 F45 fitness studios begin to get refunds after months of delays

For a few months, disgruntled members of two fitness studios have been trying to secure refunds after they continued to be charged even after they said they asked to terminate or put their memberships on hold. Nine complaints…

Sustainability a key focus at Epson’s new South-east Asia headquarters

Epson’s SEA headquarters on Wed moved from an office space in HarbourFront to Alexandra Technopark, where it will have two solution centres to display new products to customers in the region. Among these is a system that companies…

All 8 cases from Covid-19 cluster at madrasah in Braddell Road from the same Primary 4 class

All eight cases of Covid-19 at the Madrasah Irsyad Zuhri Al-Islamiah in Braddell Road involved pupils from the same Pri 4 class. The first two cases were detected last Fri and the pupils were last in school on…

Construction firms’ efforts recognised at BCA’s inaugural Integrated Digital Delivery Awards

Building firms Ong&Ong and Woh Hup, as well as two projects, PLQ and the Kallang Polyclinic and Long Term Care facility, have received top accolades at the inaugural Integrated Digital Delivery (IDD) Awards by BCA on Wed. The…

Covid-19 pandemic opens doors for firms to shape fairer, greener, more inclusive future: Finance Minister Lawrence Wong

Two years ago, like many people around the world, Finance Minister Lawrence Wong had not heard of video-conferencing app Zoom. He preferred to meet people for discussions and scoffed at the idea of having virtual meetings. Yet today,…

German testing giant opens new $100m regional hub in Singapore

A global testing and certification giant has opened a new $100 million regional hub here, in a move DPM Heng Swee Keat described as a vote of confidence in Singapore and the region amid the Covid-19 pandemic. German…

Luxury boutique Pedder On Scotts to close on Sept 26

After six years in operation, luxury multi-brand accessories boutique Pedder On Scotts will close on Sept 26. The 20,000 sqft store wrapping around the second floor of Scotts Square, in Scotts Road, is Hong Kong-based retailer Pedder Group’s…

City Gas offers rebates to help over 2,600 hawkers

It is a familiar story of tenacity by now: hawker stalls hunkering down to keep on serving affordable and delicious food despite feeling the pinch amid the Covid-19 pandemic. Zi char stall Quan Ji, which has operated out…

Space for church and former KTV club at Textile Centre for sale at $33 mil

For at least 15 years, KTV Lounge Club De Zara had co-existed alongside Hope Church at Textile Centre. Even their main entrances on the eighth floor are side by side. Club De Zara was one of three KTV…

NUS, MAS form new green finance institute, ready by end-2021

Singapore will gain a new research institute by the end of the year, one focused on green finance and sustainability in Asia. Established by NUS, SGFIN is supported by MAS, announced the university on Sept 8. SGFIN will…

Fragrance joins SGX delistings

Fragrance Group has applied to delist from SGX. Catalist-listed Fragrance announced on Wed that it has applied to the exchange for a delisting following a privatisation offer. In early July, Fragrance Group’s founder and CEO Koh Wee Meng,…

How readable is the roadmap to endemic Covid-19?

What a difference a weekend makes. Last Fri, the government’s MTF on Covid-19 reiterated the country’s commitment to living with the virus, with tighter curbs only needed as a last resort. Then on Mon, taskforce co-chair Lawrence Wong…

Park Hotel Farrer Park relaunches under Holiday Inn brand

The 300-room Park Hotel Farrer Park, owned by RB Capital and previously managed by Park Hotel Group, has been renamed Holiday Inn Singapore Little India, effective Tues. Its new manager, global hospitality company IHG Hotels & Resorts, told…

New disclosure standards for Singapore retail ESG funds due early 2022: MAS

MAS will set out early next year its regulatory expectations on the disclosure standards that retail funds in Singapore with an ESG investment objective must meet, said its MD Ravi Menon. On Wed, he said that with the…

Freehold’s premium may provide clue on valuing infrastructure spend

Property buyers in Singapore value freehold tenures enough to dish out a premium of 15-20 per cent over a 99-year leasehold condominium, going by findings from a study by NUS. From studying condominium transactions in Singapore over 1995…

Oxley offers to buy back 5.7% notes due 2022; reopens issue of 6.9% notes due 2024

Oxley Holdings is offering to purchase in cash a portion of its outstanding 5.7 per cent notes due 2022. The property developer is also proposing to issue new notes by reopening its existing 6.9 per cent notes due…

AIMS APAC REIT chief to step down effective November

In an announcement released via SGX, AIMS APAC REIT’s current CEO and Executive Director Koh Wee Lih will be stepping down on 28 Nov 2021. Lih is expected to pursue other interests after this. Also included in this…

Lendlease taps Google Cloud for modernisation

Lendlease announced a partnership with Google Cloud to modernising the company’s operations. The agreement is centred around three key areas, namely, the advancement of Lendlease’s IT strategy; integration of AI, machine learning and smart data features into Lendlease’s…

Everise launches plans for a digital innovation hub in Singapore

Everise announced their plans for a Digital CX Innovation Center in Singapore which is slated to bring a total of 700 jobs in Malaysia, Japan, and Singapore. This comes after the company’s previous partnership with Malaysia and Japan…

Singapore’s ‘vaccinated travel lane’ opens despite rise in COVID

Singapore on Wed opened a new travel corridor that allows people who are fully vaccinated against the coronavirus to enter the country without undergoing quarantine, a move the government sees as a crucial to its economic recovery. The…

Success of tray return enforcement shows only laws can change behaviour here

I visited the Serangoon Garden Market and Food Centre on Sun – my first time there since the new law penalising diners who don’t return trays or clean the tables after eating came into effect. My verdict: The…

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