Find out more about subscription packages here. THE Singapore government will be importing 1.2 GW of low-carbon electricity from Vietnam, largely powered from offshore wind energy. The Energy Market ...
Singapore-based Qosmosys closes $100M seed round to develop tech for the moon
Singapore-based Qosmosys has closed an astonishing $100 million seed round to develop its lunar lander tech. The company did not disclose its investors,
Singapore’s PUB must bear Linggiu development costs, says official
Any future development of the Linggiu reservoir, one of the seven reservoirs classified by the National Water Services Commission (SPAN) as being “at high risk”, must be borne by Singapore’s Public Utilities Board (PUB),
Singapore urges citizens to defer travel to Lebanon amid rising tensions over Israel-Hamas war
The Ministry of Foreign Affairs is urging Singaporeans to delay all travel plans to Lebanon due to the current 'volatile situation in the region'.
This sector accounted for almost half of Singapore’s property investments in Q3
This is also two times more than the S$1.71 billion recorded a quarter ago. The report said that the significant quarterly increase was mainly attributable to the award of five GLS sites, which ... ( read original story ...)
‘This is not supposed to happen’: Experts on DBS, Citi outage caused by data centre failure
SINGAPORE: Banks are heavily reliant on data centres for their operations, making it crucial to have a backup data centre should one fail, banking and technology experts told CNA in the wake of a DBS ...
Singapore’s biggest commercial real estate transaction in Q3 revealed
According to a Savills report, commercial real estate investment sales in Singapore totalled S$1.69 billion in Q3/2023, making up 23.7% of the overall investment sales. This was up by 62.2% QoQ on the ...
Singapore office rents to decline by up to 3% in 2024
Rents are expected to soften as supply surges from both CBD and non-CBD areas. The office market in Singapore is presently insulated from inclement economic conditions. That Grade A rents could still eke out a small increase of 0.
Singapore real estate investments hit over S$7b in Q3
This is double the investment levels in the previous quarter. The real estate investment market in Singapore recorded S$7.13 billion worth of deals in the third quarter of 2023. A Savills report reveals that this translates to double the S$3.
Singapore banks likely to report slower growth for Q3 amid weak loans, flattish net interest margins
The Singapore banks are due to report their Q3 results in the coming weeks. This will begin with UOB on Oct 26, followed by DBS on Nov 6 and OCBC on Nov 10. While analysts still see some room for NIMs to grow, the figures are expected to remain largely ...
Singapore’s core inflation eases to 3% in September, lowest since March 2022
However, overall inflation, which includes accommodation and private transport costs, went up as COE premiums continue to soar.
Unraveling Singapore’s Overcrowding Incident: A Call for Vigilance and Responsibility
They claimed to be paying rent to the original tenants who had already left the country, leaving behind a trail of subletting chaos.The Rules and RepercussionsAccording to the Housing and Development Board (HDB) in Singapore,
Singapore to install satellite-based ERP units in nearly 1M vehicles by 2025
The Land Transport Authority (LTA) has announced an ambitious plan to install on-board units for a satellite-based Electronic Road Pricing (ERP) system in nearly one million vehicles, a significant leap from the current 25-year-old system.
Singaporean investor gets 25 percent of Dito CME
A Singapore-based investor now owns 25 percent of the parent of Dito Telecommunity Corp., as it purchased new shares worth P3.3 billion in the telco operator. In a disclosure to the Philippine Stock ...
Singapore Hawker Fuels Hope with Free Meals, One Donation at a Time
Amid the cacophony of hawker stalls, where the air is thick with the enticing aroma of affordable, delicious street food, one stands out. This is not just because of the mouth-watering fare it serves,
You Can Soon Surf, Skate, and Snowboard in One Facility in Singapore
There was this event in college; I think it was organized by Red Bull. The idea was simple: surf, skateboard, and snowboard in one day. We’d wake up early, pile onto a bus, surf in Huntington Beach, go to a skatepark,