COMMERCIAL PROPERTY | Staff Reporter, Singapore

Daily Briefing: Singapore top city for commercial property; Info about the SGX watch-list

And should the ERP system replace the COE system?

Singapore emerged as the top city in Southeast Asia for commercial real estate (CRE) expansions over the next three years, according to the latest study from CBRE. Nearly 50 percent of respondents said they expect their CRE portfolio in Southeast Asia to expand in the next three years. Read more here.

On 3 March, 41 listed companies were included in the SGX watch-list due to the new implementation of the 20-cent minimum trading price (MTP) rule. This brings it to a total of 76 companies to be in the SGX watch-list. To put it simply, companies being in the watch-list are like students under the supervision of their discipline master. Find out more here.

So, it’s official. The satellite-based ERP system, ominously called ERP 2.0, will become reality come 2020, for a price of $556 million dollars. To add salt to the wound, it will be built by the consortium of NCS and Mitsubishi Heavy Industries. Just in case you didn’t know, those are the same people who designed and maintained our current ERP gantries, so you know it’ll never break down, especially not when you want them to. Read more here

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