• Indonesian developer to showcase SOHO units in Singapore

    Indonesian property developer PT Samator Land is set to showcase its latest project called Skysuites SOHO in East Surabaya to Singaporean investors on Saturday at the Mandarin Orchard Hotel...

  • The haze, caused by forest and land fires in Riau, is being carried by wind toward Singapore, said Sutopo Purwo Nugroho, a spokesman at Indonesia’s National Disaster Mitigation Authority which reported 67 hotspots. Fire hotspots have appeared over Indonesia’s Sumatra island and West Kalimantan, where the Indonesian government …

  • Singapore's air quality index reached unhealthy levels on August 26, 2016, with conditions deteriorating through the day

    Acrid smog blanketed Singapore Friday as the city-state was hit by the year’s first major outbreak of haze, an annual crisis sparked by forest fires in neighbouring Indonesia. Singapore's air quality index reached unhealthy levels with conditions deteriorating through the day, marking the worst haze episode in the city …

  • Landlords urged to inject assets into data centres in Singapore

    This bright spot is expected to be robust amidst Singapore's Smart Nation dreams. Amid the plummeting occupancy rates and weak demand, the industrial sector still has remaining tricks up on its sleeves as it sees new opportunities with the city-state’s Smart Nation initiative. According to DBS Research, there is an apparent …

  • Why Singapore’s medical tourism threats don’t hurt Raffles Medical

    It banks on foreign patients searching for critical care. Despite looming threats from medical tourism on Singapore’s private healthcare, Raffles Medical Group (RMG) has not yet felt any impact, thanks to a diversified international patients mix. OCBC revealed that RMG has been receiving lower volume of patients from …

  • Wagers on higher Fed rates have been boosted this week as officials including Vice Chairman Stanley Fischer signaled that a 2016 rate increase is still under consideration, even as evidence of uneven global growth casts doubt over the U.S. central bank’s willingness to tighten policy amid monetary easing in Asia and Europe. …

  • Indonesia steps up fire response as haze blankets Singapore

    Six Indonesian provinces have declared states of emergency as forest fires blanketed a swath of Southeast Asia in a smoky haze. Singapore's air quality deteriorated to unhealthy levels on Friday as winds ...

  • Singapore business turnovers creep up 1.1% in 2Q16

    Thanks to well-performing recreation and business services industries. On a yearly basis, revenue of the services industries also inched up 0.4%. Non-seasonally adjusted QoQ figures released by the Department of Statistics revealed that majority of the services industries had higher revenues this quarter with education …

  • Veterans at Schroder Investment Management Ltd., Nikko Asset Management Asia Ltd. and NN Investment Partners say ignoring leverage that has shot up to a decade high at Asian borrowers is a recipe for pain. Asian companies that binged on debt to fuel growth after the global financial crisis are flashing warning signs more …

  • Singapore’s manufacturing output dips 3.6% in July 2016

    Blame it on output declines in almost all clusters. Singapore’s total manufacturing performance in July 2016 slipped 3.6% largely due to falloffs in almost all of industrial clusters. On a seasonally adjusted ...

  • Differentiation can make or break Singapore brands as competition heats up

    Tight competition online and a tough operating environment have pushed many offline retailers—especially in the footwear and apparel sub-sectors—to downsize or flee Singapore. It also rolls out special collections each year, which are tie-ups with famous brands’ designers or style icons... Uniqlo, on the other hand, is …

  • Bring it on: ST Engineering braces itself for $300m capex

    It eyes adding 4-5 units per year in its aircraft leasing arm. After posting a slight decrease in its profit before tax (PBT) the recent quarter compared to last year, Singapore Technologies Engineering Ltd. (STE) is ready to do all that it takes to keep their business at the top of its game. According to a report by …

  • Find out the four ways ST Engineering keeps raking in the big bucks

    The business’ market cap sits at a whopping $10.2b. Singapore Technologies Engineering Ltd (ST Engineering) is an engineering conglomerate with business interests in various sectors, and it is by no means ...

  • Here's why co-working spaces will be the next big thing in the local office market scene

    The Singapore startup surfeit is expected to fuel demand. There's a gold mine waiting to be tapped amid the booming growth of startups that need office space in Singapore. According to a report by CBRE Research, landlords wouldn't even need a huge investment as the move could involve allocating just one or two floors …

  • Samator Land offers foreigners a chance to invest in Indonesia

    One developer will be marketing an Indonesian property to Singapore investors. Samator Land is rolling out Skysuites SOHO, a freehold strata development in Surabaya, which features small office home office concept. Surabaya is the provincial capital of East Java and the second largest city in Indonesia.

  • The world's first self-driving taxis began picking up passengers in Singapore starting Thursday

  • Singapore’s workplace safety should shift to preventive mindset: MOM

    Tracking of minor injuries and near-misses is a must. While focusing on fatal and major injuries, Singapore’s ministry of manpower (MOM) was urged by the International Advisory Panel to keep an eye on the need for companies to recognise the importance of tracking and analysing minor injuries and near-misses. According …

  • Condos within walking distance of Michelin-starred hawker stalls

    Seventeen hawker stalls scattered across Singapore were recently awarded the Bib Gourmand in the 2016 Michelin Guide Singapore.

  • Regulatory actions both boon and bane of telco aspirants, say analysts

    High network coverage requirements may choke the newcomer. While regulatory mandate is what gives telco aspirants the breathing space to compete with incumbents, regulations also cut both ways as a fourth telco might struggle with regulatory requirements. According to a report by DBS, while it may be relatively easy to …

  • World's first self-driving taxis debut in Singapore

    The world's first self-driving taxis began picking up passengers in Singapore starting Thursday. Select members of the public can hail a free ride through their smartphones in taxis operated by nuTonomy, ...

  • MAS mulls unified regulatory framework for payments to accommodate FinTech

    With the rapid emergence of financial technology, Singapore’s old payment regulations, currently cut across two pieces of legislation, just won’t do anymore. Due to this, the MAS is proposing to bring payment regulations under a single framework that will provide for the licensing, regulation and supervision of all payments …

  • Discounts tragically fail to lure millennials to Singapore's malls

    Retail sales fell 4.4% in June. While sales and massive discounts have been a yearly tradition for Singaporeans, it seems like they won’t be attracting millennials to retail stores soon. According to a ...

  • Are HDB flats needed in prime areas?

    There has been no new public housing project in the city centre since The Pinnacle@Duxton. This could change, with the government deliberating the injection of HDB flats in prime areas such as the Greater Southern Waterfront. Some people are ineligible to apply for public housing, while others may fall under the income …

  • Industrial REITs should turn sails to other countries as local demand falters: analysts

    Australia is a top target. The anemic industrial market in Singapore, coupled with the lack of investable assets in the city-state, has pushed industrial real estate investment trusts (REITs) to try their luck overseas. According to a report by DBS, in recent years, industrial REITs have ventured into overseas markets …

  • Here’s why Raffles Medical Group is heavily dependent on its overseas businesses

    Raffles Medical Group (RMG) has to take its overseas expansion plans seriously if it were to prevent any ill effect a risky medical tourism sector has for its long term growth potential. OCBC believes Raffles Medical Group cannot only depend on local patients and medical tourism as business stimuli. This is because improving …

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