,Singapore

Daily briefing: Hilton opens largest APAC hotel in SG; Migrants from India to enter Singapore in 'calibrated manner'

And smaller units with shorter leases may dominate the housing landscape.

From CNA

Hilton will be opening its largest hotel in the Asia Pacific region in Singapore next year.

The Hilton Singapore Orchard, which will be a conversion from Mandarin Orchard Singapore, will have 1,080 rooms. It will debut in January 2022.

The Hilton Singapore Orchard will comprise two towers and rooms with a botanical theme.

Read more here.

From CNA

Workers from India will be allowed to enter Singapore in a “calibrated manner,” starting July.

This is under a pilot programme, led by companies in the construction, marine, and process sectors. This includes the Singapore Contractors Association Ltd., Association of Singapore Marine Industries, and Association of Process Industry.

Under the new process, employers will have to pay out $2,000-3,000 more per worker. This is on top of the quarantine costs in Singapore.

Read more here.

From CNA

The housing landscape in Singapore may be dominated by smaller flats with shorter leases, experts said.

Data from the population census found the number of households increased from the past decade, but there are fewer people in households on average.

A senior research fellow at the Institute of Policy Studies, Woo Jun Jie, said in light of this, there may be a need for smaller homes in both the public and private market.

Read more here.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

HongKongLand had the most growth for the day.
It surpassed the Bloomberg consensus estimate of 14.5%.
The agreement aims to grow tourism and economic activities as borders reopen. 
It will also enter a loan agreement worth $210.6m.
The acquisition will be fully funded by cash through internal resources.
These countries are Cambodia, the Maldives, Sri Lanka, Thailand, and Turkey.
The decrease was driven by profit declines in their beer and non-alcoholic businesses.
Sources say the state-owned Chinese firm is in talks with advisers about the potential divestment.
The tests start on 29 November.
Exercise CyberMaritime 2021 puts the sector's cybersecurity readiness to the test.
This is equivalent to 236 attackers per company in a year.
Genting Singapore was seen with the most growth.
The partnerships aim to improve care delivery and patient outcomes.