News
Plot in Sino-Singapore Tianjin Eco-City sold for $292.47m
Plot in Sino-Singapore Tianjin Eco-City sold for $292.47m
This is the second plot sold by Keppel in H2 2018.
Over 500 complaints filed for failure to issue mandatory itemised payslips
MoM has notified 1,200 employers to fix their payslip practices.
Investments in Vietnam-Singapore Industrial Parks hit US$11b: PM Lee
It has generated more than 200,000 jobs.
ASEAN will fare well in the Fourth Industrial Revolution: PM Lee
Majority of its population are under 35 years old who are 'comfortable with new technology'.
Daily Markets Briefing: STI up 0.47%
Expect muted gains today.
Daily Briefing: PM Lee unsure if RCEP will be finalised in 2018; Singapore urges developers to make low energy buildings
And CCCS slaps $26.9m fine to 13 fresh chicken distributors.
Chart of the Day: Financial services are the biggest occupiers of CBD and Grade A offices
The sector is an early adopter of flexible leasing strategies.
Selected F&B stores to accept 10 e-payment modes by end-2018
This is geared towards adding e-payments to coffee shops, hawker centres, and canteens.
Lone budget London-Singapore flight to stop flying in January
Norwegian Air Shuttle ASA might be hit by the hike in oil prices. Bloomberg reported that Norwegian Air Shuttle ASA will scrap its London-Singapore flights by January, which is only a little more than a year since it started operations. The only budget flight’s customer booking line noted that the last flight from Singapore to London will be on 11 January whilst its website shows no more flights for the route beyond it. A London to Singapore flight in November using the airline will cost $286.54 (US$208) which is lower compared to the cheapest flight for the same route with British Airways which costs $460.26 (US334.10). The impending pullout of the flight brings to the table the concern of long-haul, low-cost aviation as fuel prices surge. At about $110.21 (US$80) a barrel, Brent crude oil has almost tripled from a 2016 low.
Retail sales fell 2.6% in July
Motor vehicle sales dropped 15.4%.
Buyer of SingHaiyi's Vietnam Town drops 141-unit bulk sale commitment
Transaction price has been reduced from $128.3m to $31.8m.
Singapore firms led US' investments in Asia in 2017
Investments grew 7.41% to US$274.26b, surpassing China and Japan.
Four flexible workspace operators entered Orchard Road in H1
They occupy a total of 70,000 sq ft in the premier shopping district.
Private condo rents down 0.1% in August
HDB rents rose 0.1%.
More than half of Singapore youth think technology will decrease jobs
They are the most pessimistic in Southeast Asia when it comes to the issue.
Rising tourist arrivals could uplift SATS
It can also be buoyed by the capacity addition of its key customer Japan Airlines.
Retail market could see more conversions to flexible workspace: analyst
Landlords may be pushed to explore leasing to flexible operators for a more stabilised occupancy.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape