Daily Archives: November 1, 2021 (32 Articles Found)

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TA Corporation to sell Leonie Hill Residences unit for $4.93 mil

TA Corp has disposed of its property at 1 Leonie Hill Road #28-01 for $4.935 million. It had previously granted an OTP to two independent third party individuals in relation to the sale. The option was granted through…

ESR clinches first sustainability-linked loan as ARA purchase approaches finish line

ESR Cayman announced on Nov 1, it has secured its first Sustainability-Linked Loan (SLL) of US$700 million with an option to upsize it to US$1 billion. This marks ESR’s first step into sustainable financing, demonstrating its ongoing commitment…

Cuscaden confirms chain offer for SPH REIT, if made, will be 96.4 cents

Cuscaden Peak, which intends bid for SPH, has confirmed the minimum chain offer price for SPH REIT, if and when it formally makes the offer, to be 96.4 cents. SPH owns 66.27% of separately-listed SPH REIT and such…

Sunseap secures $85.8 mil green loan from DBS and UOB for Singapore’s largest clean energy project

Sunseap Group has secured an $85.8 million green loan facility from DBS and UOB Bank on Nov 1. The loan facility will finance its SolarNova4 project to install solar PV systems across over 1,200 public housing blocks and…

Use nature as a platform to teach the young

Singapore has a great education system – I can testify to that. However, in this ever-changing world, we will not know when our natural world will start to collapse due to the constant extraction and consumption of fossil…

LGBTQ+ community dismayed by PLH policy as it excludes Singaporean singles

Since MND and HDB announced the Prime Location Public Housing (PLH) policy on 27 Oct 2021, there has been an uproar of discontent from many (mostly single) Singaporeans in response to one particular eligibility criteria. The policy specifically…

Singapore crosses 200,000 mark with 2,470 new COVID cases; 14 more deaths

MOH on Mon confirmed 2,470 new COVID-19 cases in Singapore – bringing the country’s total case count to 200,844 – as well as 14 deaths. Among the new cases, 2,467 are local – 2,189 are in the community…

Tan See Leng warns of electricity price hike in 2022 amid ‘unprecedented storm’ in energy market

While most consumers in Singapore will not see an immediate increase in electricity prices, they may see a hike next year as energy prices increase globally, said Second Minister for MTI Tan See Leng in Parliament on Mon.…

Singapore can ramp up ICU capacity but ‘not enough people’: Janil Puthucheary

While Singapore has the resources to increase ICU capacity, it lacks the manpower to man the additional units effectively, said Senior Minister of State for Health Janil Puthucheary in Parliament on Mon. “Logistically, we can keep stepping up…

More important that reopening of Singapore’s borders be done well, rather than scaling up fast: Iswaran

It is more important that the process of reopening Singapore’s borders be done well rather than scaling up quickly, said Minister for Transport S Iswaran on Mon. As such, the VTL scheme is being expanded step by step,…

‘Shortcomings by all parties’ involved in Jalan Tukang dorm incident: MOM

There were “shortcomings by all parties” on the ground surrounding the incident at the Westlite Jalan Tukang migrant worker dormitory on Oct 13, said Senior Minister of State for Manpower Koh Poh Koon in Parliament on Mon. This…

Singapore’s COVID-19 death rate ‘very low’; healthcare system stressed but not overwhelmed: Dr Puthucheary

Singapore has managed to keep the number of COVID-19 fatalities “very low”, with a death rate of 0.2 per cent compared to 3 per cent or more in countries that experienced a surge in cases before vaccination, said…

SBS bus captain helps python cross road safely

It’s not surprising that as Halloween on Oct 31 approaches, spooky encounters start occuring past the witching hour. One SBST bus captain, Avtar Sandhu, posted about his early morning encounter on Sat with a decidedly large python –…

Spooky Sembawang: Do you dare to walk through this HDB corridor?

Spooky movie characters and ‘bloodied knives’ hanging by the corridor may not be to everyone’s liking but that’s what some residents at Canberra St went for this Halloween. A TikTok video of the HDB block’s corridor, posted by…

A sustainable framework to keep electricity affordable

Even if Singapore were to cover all the rooftops of HDB flats and other buildings, reservoirs and other large spaces with solar panels, it can generate only up to around 6 per cent of its electricity needs. And…

85 hawksbill turtle hatchlings released from Siloso Beach in Sentosa

Eighty-five critically endangered hawksbill turtle hatchlings were released into the sea off Sentosa on Mon morning. These babies, hatched naturally on Sun, emerged from a nest on Siloso Beach. The hatchlings were collected, measured and had their health…

Government not against taxing wealth, but policies should be practical and effective: Indranee Rajah

The Government is not against taxing wealth, but such policies should be practical and effective in a way that the rich cannot avoid them easily, Second Minister for Finance Indranee Rajah told Parliament on Mon. She was responding…

S’pore working towards opening up while keeping human cost of Covid-19 low: PM Lee

Singapore is working towards the easing of Covid-19 restrictions, as many European countries have done, while keeping the human cost as low as possible. And this means reopening will take “a little bit longer, a few months”, said…

Ahead of Deepavali, vaccinated migrant workers visit Little India and offer prayers at temple

Crowds flocked to Little India over the weekend for last minute shopping ahead of Deepavali, which falls on Thurs. Adding to the numbers were vaccinated migrant workers from selected dormitories, many returning to the district for the first…

Open Electricity Market still viable, but stronger foundation needed after retailers’ exits: Tan See Leng

Singapore’s OEM remains beneficial for consumers and viable despite the recent exits of at least five electricity retailers, Second Minister for MTI Tan See Leng said in Parliament on Mon. But the foundations of this initiative, which allows…

Solar cable project will cut Singapore’s emissions, boost electricity supply

Singapore’s ongoing adoption of renewable energy sources and its commitment to mitigate climate change – against the current backdrop of the ongoing global climate conference, COP26 – will be given a substantial boost by the Australia-Asia PowerLink (AAPowerLink)…

Tricky questions on whether private homes should carry a higher tax burden

Governments across the globe have spent vast sums of money to help people and businesses deal with the economic devastation wrought by the Covid-19 pandemic. Fortunately, Singapore has built up reserves over the years. But returns from the…

International Plaza fails to get URA’s nod for CBD Incentive Scheme

URA has turned down an outline application for the proposed redevelopment of International Plaza in Tanjong Pagar under the CBD Incentive Scheme. The outcome is seen as having implications for the ongoing collective sale tender for the property,…

Has the Singapore property cash cow been fully milked?

To Singaporeans like Angela and her husband, both in their 40s and in the IT industry, investing in property seems like a no-lose proposition. “If I choose the wrong property, in the worst-case scenario, I can still live…

Indonesia and Singapore – facing climate challenges together

No one is spared the effects of global warming but there is much that countries like Indonesia and Singapore can do together to absorb the shocks along the journey to a world of lower carbon emissions. One prominent…

Give conditional approval for keeping cats in HDB flats

My parents were surprised when I mentioned that it is illegal to keep cats in HDB flats. And they are not even cat lovers. Unsurprisingly, the existing policy which disallows the keeping of cats in HDB flats is…

Empower staff to speak up freely on concerns about workplace safety

I refer to the article “Tuas plant blast sparks yet another call for safety time-out” (Sept 26). When it comes to unsafe workplace scenarios, silence is dangerous, such as when someone fails to report an error or a…

Companies should set up a sustainability committee

Recently, a study conducted by Schneider Electric revealed statistics of concern: Only a third of businesses in Singapore say they are “strongly aligned” to the Singapore Green Plan 2030, while less than half are operating sustainably (Only a…

A heartland location for HDB flats trumps prime land for practicality

I cannot grasp the popularity of HDB flats in prime locations. I choose to live in the heartland for the practicality that it affords me. In front of my flat is AMK Hub, beside it is the Ang…

Geylang Serai Market to close for three days after detection of Covid-19 cases

The Geylang Serai Market will be closed for three days from Mon till Wed, after Covid-19 cases were detected there over the past seven days. Fliers posted at the market by NEA said the venue would be closed…

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