Topic of Interest: #Industrial (2,533 Articles Found)

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Nanofilm to purchase property in Tai Seng Drive for S$30.38m

Nanofilm Technologies on Fri said that it has exercised an OTP to buy a property along Tai Seng Drive for S$30.38 million. A check on property portal 99.co revealed that the property, at No. 11 along the road,…

Sunseap signs multi-year solar energy agreement with Facebook

Sunseap Group has signed a multi-year VPPA with FBfor solar energy from Singapore’s largest offshore floating solar farm. The energy from the five MWp offshore floating PV system located in the Straits of Johor will be exported to…

Real estate investment deals in Singapore amount to $3.8 bil in 1Q2021: Knight Frank

Real estate investment sales in Singapore amounted to some $3.8 billion in 1Q2021, representing an uptick of 26.7% y-o-y from $3.0 billion in 1Q2020, according to Knight Frank research. The residential sector retained momentum, raking in some $1.7…

No award of tender for Plot 7 Jalan Papan industrial site: JTC

JTC announced on Tues that the tender for an industrial site at Jalan Papan, Plot 7, will not be awarded because the highest bid was below the reserve price. The tender for the site was launched on Dec…

Singapore must ensure digital infrastructure is environmentally sustainable, says Desmond Lee

As the digital economy continues to grow, it is important for Singapore to ensure that its digital infrastructure is “as environmentally sustainable as possible”, said MND Minister Desmond Lee on Tues. He was speaking for the opening of…

Solar vision: Why it’s not all sunshine and roses for Singapore’s solar energy plans

Dutchman Edgare Kerkwijk must be “walking on sunshine”. His solar business, to use his own words, is going “gangbusters” and his phone has been blowing up. “Every time one of the ministers says something about green energy, we…

Jurong Innovation District to bring jobs and innovation: Tan See Leng

Over the next 18 months, JID is expected to account for 4,500 jobs, with 1,200 being new and 3,300 being existing workers relocating into the area, said Second Minister for MTI Tan See Leng during his visit to…

Residential hotspots: Districts shaping up to be interesting investment bets

Notwithstanding the cloud of uncertainty induced by the Covid-19 pandemic, the primary residential market has seen strong interest from homebuyers and investors, buoyed by positive sentiment, abundant liquidity, and low interest rates. A prudent investment strategy should encompass…

Singapore industrial market: A pandemic winner

The US is launching a US$1.9 trillion stimulus package that could catalyse global economic recovery and global trade volumes. This large economic rescue package will be a booster to Singapore, given her open economy and high dependence on…

Safety guidelines launched for firms handling flammable fine powders

Factories handling fine powders, which are flammable and hazardous, should place a cap on the amount of such material stored in a facility. They should also eliminate potential sources of ignition in powder handling areas, such as laying…

JTC launches site at Tampines North under 1H2021 IGLS programme

JTC has launched one site at Tampines North for tender under the first half of the 2021 IGLS. It is located at Tampines North Drive 5 (Plot 10) and has a site area of 0.5ha. The gross plot…

Green fingers for GKE as it moves into indoor farming, obtains licence from SFA

Warehousing and logistics company GKE Corp, via its wholly-owned subsidiary GKE Agritech, has received its farm licence from SFA to commercialise indoor farming. The receipt of the farm licence allows GKE Agritech to grow and sell its produce…

Soilbuild Reit hearing adjourned to March 30 after objection from unitholder

The court hearing on the application to sanction Soilbuild Business Space Reit’s trust scheme of arrangement has been adjourned to Mar 30. This came after a Soilbuild Reit unitholder opposed the trust scheme sanction application on the ground…

Data centre net absorption doubled in 2020: CBRE

The net absorption of data centres doubled in 2020, which is driven by a pandemic-led surge in demand for video conferencing, online schooling, entertainment, social networking and platforms to support remote working, according to CBRE’s new APAC Data…

Southeast Asia’s first lithium battery recycling plant opens in Singapore

A facility for recycling lithium-ion batteries has opened in SEA, the world’s dumping ground for discarded consumer electronics. Located in the industrial district of Jurong in Singapore, the S$30 million plant aims to recycle 14 tonnes, or the…

Sabana Reit independent directors quit after minority unitholders plan to withhold endorsement

Two appointed independent non-executive directors of Sabana Reit have resigned following “certain unitholders” refusal to endorse their appointments, the Reit’s manager announced in regulatory filings on Wed. The announcements did not name the unitholders, but noted that they…

46 workers lost hands, fingers in accidents last year, mainly due to unsafe machinery use

Forty-six workers lost their hands or fingers in amputation accidents last year, mainly due to the unsafe use of machinery. Such injuries, which often have a lasting impact on the workers’ lives and livelihoods, are preventable, stressed Senior…

Coroner notes SMRT’s steps to prevent future incidents after worker killed by rod that shot out of machine

A coroner has ruled that the death of an SMRT technical officer, who died after being struck by a rod that shot out of a machine at Bishan Depot, was an unfortunate misadventure. Coroner Christopher Goh noted the…

Is it time for Sabana Reit to be euthanised?

The dissident minority unitholders of Sabana Reit that voted down its proposed merger with ESR-Reit more than three months ago are now threatening to withhold their endorsement of two new independent directors at the coming AGM. Quarz Capital…

Singapore’s Jurong Port completes purchase of Lim family’s stake in Universal Terminal

Singapore port operator Jurong Port has completed its acquisition of a stake in a major oil storage terminal in the city-state from the family behind collapsed oil trader Hin Leong Trading, a port spokesman said on Sat. The…

The secret beauty of Ubi, uncovered in 24 hours

Industrial parks are commonly misunderstood for being utilitarian urban jungles, a stark contrast to the glamorous glass towers and accompanying nightlife of downtown Singapore. Word on the street is that things have changed—quaint cafes and hip stores have…

Five-storey factory building in Tuas on the market for $5.8 mil

A five-storey detached factory building at 8 Tuas South St 6, located off Tuas South Boulevard and Tuas South Ave 3, will be put up for auction at $5.8 million ($177 psf) on Mar 24 by Edmund Tie,…

Falling ship rudder which killed Keppel Shipyard worker last year was 24 tonnes over the weight limit

A Keppel Shipyard worker died from multiple injuries after being struck by a falling rudder of an oil tanker in Mar last year as he was fitting it on. A coroner’s inquiry heard that the 59-tonne rudder had…

Maybank Kim Eng remains ‘positive’ on S-REITs; prefers retail REITs among sector

Maybank Kim Eng analyst Chua Su Tye has kept “positive” on S-REITs though he says he sees heightened volatility ahead for the sector, which could lead to valuations remaining under pressure. S-REITs have retreated by 5% since Jan,…

3 companies issued stop-work orders over ‘significant risk’ of combustible dust explosions

Three companies were issued stop-work orders after they were found to have inadequate control measures, despite “significant risk” of combustible dust explosions, said MOM and WSH Council on Fri. MOM has also stepped up inspections that targeted 500…

Advanced 5G Industry 4.0 Studio opens in Singapore

Singapore’s first 5G industry 4.0 studio is now open. IBM announced the launch of the IBM Industry 4.0 Studio, the project it has been working with Samsuing Electronics, M1, and IMDA. It opened on 16 Mar. The studio…

Cloud kitchen boom serves up opportunities for industrial, retail landlords

Having tasted the delicious convenience of that pizza delivered to the doorstop with the click of a button, this isn’t a trend that consumers are going to abandon any time soon either. Enter cloud kitchens. Also known as…

Sunseap, Amazon sign agreement for clean solar energy to be tapped from JTC’s solar farms

Amazon has signed an agreement with Sunseap Group, marking its first renewable energy project in the Republic. When completed in 2022, the project will be among the largest aggregated moveable solar energy systems designed and installed in Singapore,…

Industrial S-Reits well-positioned for growth; downside risks priced in, says DBS

DBS Group Research said it sees a good opportunity to buy industrial S-Reits as downside risks of US inflation have been priced in, following a recent correction. Given the sector’s pivot to “new economy” assets such as business…

Singapore’s data centre market among top 10 in the world: reports

Singapore is one of the top ideal markets for data centres across the globe, recent reports showed. The Arcadis Data Centre Location Index 2021 ranked Singapore the second most attractive city to build data centres, out of a…

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