News
Focus on adopting other cleaner vehicle models not only EVs: analyst
Focus on adopting other cleaner vehicle models not only EVs: analyst
Hybrids will also encourage gas stations to adapt to electric vehicles.
Chart of the day: 6 in 10 says Singapore Grand Prix is good for the country
Only 1 in 3, however, said they will follow the race in person or online.
Market update: STI down 1.46%, Emperador is top stock
Philippine beverage firm Emperador led the index.
What is driving demand in the office market?
The market is expected to post a full-year rental growth of around 3% to 5%.
Prime grade office rents up 1.4% QoQ in Q3
Average rent in the Raffles Place / Marina Bay precinct is now at $10.51 psf pm.
Infrastructure providers need to do more to address ‘range anxiety’ on EV adoption
Government subsidies are not enough to raise electric vehicles adoption.
Singapore rises to 3rd place in world competitiveness ranking
In Asia-Pacific, Lion city ranked first.
Keppel unit to explore ammonia-fired gas turbine adoption on Jurong Island
The study will be conducted alongside Mitsubishi Heavy Industries and DNV.
Keppel New Energy, a wholly owned subsidiary of Keppel Infrastructure, will explore the use of 100% ammonia as a fuel for a gas turbine or combined cycle gas turbine (CCGT) alongside Mitsubishi Heavy Industries (MHI) and global independent energy expert, DNV.
The parties will conduct the high-level Quantitative Risk Assessment on Jurong Island.
Under the memorandum of understanding (MoU) signed by Keppel New Energy will study the feasibility of ammonia fuelled power plant, whilst MHI will develop an ammonia-fired gas turbine that produces carbon-neutral power.
DNV, for its part, will lend its assurance and risk management expertise to prepare and present a QRA analysis on the project.
Through the MoU, Keppel, MHI, and DNV aim to draw up robust assessment guidelines to ensure the safety and sustainability of ammonia as a clean fuel, while maintaining high efficiency and low NOx emissions for use in a gas turbine system for power generation.
Ascendas REIT, Ascott Residence Trust, Ascendas India revise names
The names of their managers were also changed.
The names of property firms, Ascendas Real Estate Investment Trust (Reit), Ascott Residence Trust (ART), and Ascendas India Trust, were modified as well as their managers.
Slow industrial production to drag down manufacturing full-year growth: analyst
Industrial production slowed down to 2.7% in August 2022.
Chart of the day: Singaporean residents are getting older
The median age for most residents is 42 years old.
Market update: STI down 0.34%, Genting Singapore is top stock
Genting Singapore led the stocks at 1.28%.
Nearly 7 out of 10 Singaporeans acknowledges the importance of sustainable travel
The impact of travel has topped the list of reasons for sustainable travel.
Freehold East Coast residential property up for sale for $15.25m
Expression of Interest will close at 3 p.m. on 1 November.
Shop and office units at International Plaza on sale for $60m
The sale will be conducted by expression of interest.
How much will Singaporeans spend on F&B establishments during F1 weekend?
Research by SevenRooms showed that the biggest spenders will be those aged 55 and over.
Where Singaporeans want to go next
Taiwan, Hong Kong, and Japan are amongst their top searches.
Commentary
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform