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And CapitaLand plans to achieve 100% green certification by 2030.

Factories with freezer and refrigerated facilities can fetch 25-35% higher price than the average.

Its food division is floundering whilst its supermarkets suffer from poor locations and lack of improvement programmes.

Visitors who cannot find rooms are forced to turn to alternative accommodation providers.

Its retail segment and office segment are already pre-committed by 90% and 98%, respectively. CapitaLand Mall Trust could finally reap the benefits from its new mall Funan by H2 2019, according to UOBKH analyst Jonathan Koh and Peihao Loke. The mall’s retail net lettable area (NLA) is about 325,000 sqft, of which 90% is already pre-committed, the report noted. Funan also has two grade-A office blocks with NLA of 214,000 sqft that are 98% pre-committed, with key tenants including government agencies Attorney General’s Chambers, the Department of Statistics, and Smart Nation & Digital Government Office, as well as coworking operator WeWork. “Management expects Funan to provide yield-on-cost of 5%. We estimate Funan to contribute rental income of S$16.5m in 3Q19, representing 8% of total gross revenue,” the analysts said. Also read: Should incumbent malls be threatened by Jewel Changi and Funan in 2019? The report also noted that the retail mall is designed to integrate online and offline shopping with data analytics and logistic functions to empower modern retailers’ omni-channel strategy. “It has a 24-hour click-and-collect drive-through supported by warehousing facilities. It deploys automated guided vehicles (AGVs) with laser-based navigation system to pick up purchases from retail shops for temporary storage at click-and-collect boxes (shoppers do not have to carry shopping bags),” they explained. Funan is scheduled to open in June 2019. It is by far 85% larger than its predecessor Funan DigitaLife Mall, which closed on July 2016.

It will launch a rewards programme for drivers who have completed over 1,000 trips since November. Indonesian ride-hailing platform GoJek hit the milestone of 10 million completed trips in Singapore after six months of operations in the city-state, according to an announcement.

A proposal for a new rail line could fuel a contract win for SBS transit.

It has yet to accept and enter into binding agreements with potential investors.

Don’t expect gains today.

The 1.4% price growth in the central region countered the decline in the non-central region.

And G&G Group and the Sri Lanka-based EMS jointly acquire a tea plantation firm.

Total wages in the private sector grew 4.6%.

The move comes after the UAE-based firm offered a part cash redemption to its retail investors.

The number of employment background checks has dipped 4% since 2016.

Companies now plan to spend on average 46% more to adopt technologies to counter it.

Ravi Menon will be a board member and MAS managing director for two years.