Category Archives: Commercial & Industrial

Latest Singapore Commercial Buildings News

Singapore to take action against errant cyclists
SINGAPORE — The Land Transport Authority (LTA) will set up a dedicated enforcement team to take action against reckless cyclists and users of personal mobility devices, after the Government accepted in full the recommendations made by a panel last …
Read more on Bangkok Post

New annual event launched to get students interested in sustainable city planning
SINGAPORE – Students at the Urban Redevelopment Authority (URA) Centre on Tuesday (April 26) took part in activities like art jamming and a forum with a URA planner, on the first day of a new annual event aimed at spurring their interest in sustainable …
Read more on The Straits Times

Asian Stocks Fall After BOJ Leaves Monetary Policy Unchanged

Asian Stocks Fall After BOJ Leaves Monetary Policy Unchanged
Singapore's Straits Times Index retreated 0.4 percent. New Zealand's …. The employment gauge of the manufacturing PMI slipped, indicating factories are cutting number of workers, while sub-indexes of new exports and imports dropped. “China still …
Read more on Bloomberg

The real worry behind falling consumer prices
And when that fails to work, they may even resort to layoffs and closing down their factories to stay in business. This will, in turn, increase the economic uncertainties … I suppose that for my niece and her husband, it is better to stay in vibrant …
Read more on The Straits Times

Addressing rising costs of living

Addressing rising costs of living
“Our suppliers' factories are also inspected by independent auditors to guarantee manufacturing conditions while the products are reviewed from time to time.” While nearly 90% of the Giant house brand products are produced in Malaysia, … “In this …
Read more on The Star Online

China laying off millions: Why it will be a huge test of political tenacity
It is now the disquiet of the steel and coal factories, which employ as many as 12 million workers. China is the world's largest producer and consumer of steel, the demand and price of which has hit a 10-year low. … While the latter has been …
Read more on Financial Express

BHS, Boots … our misbehaving corporations need their wings clipped
Philip Green will be alright, but his workers may not. But this is how it currently works in this age of shareholder power that needs to be consigned to history. A man with an umbrella outside a branch of BHS. 'Not only are most BHS workers likely to …
Read more on The Guardian

Today's Top Supply Chain and Logistics News From WSJ

Today's Top Supply Chain and Logistics News From WSJ
U.S. shippers are trying to make this year's low trucking prices last. Retailers and manufacturers have been rushing in big numbers to lock in low freight rates in the first quarter, WSJ Logistics Report's Robbie Whelan writes, as overcapacity has …
Read more on Wall Street Journal

China Quest for Clean Tech
Singapore has been particularly successful in water. Its founding father, Lee Kuan Yew, saw back in the 1950s the impact and dependence that Singapore had on water imported from Malaya across the Straits of Johor. Even before independence, he was …
Read more on The Diplomat

Prices, rentals, occupancy rates for industrial space decline further in Q1 2016
A supply glut is likely to exert more downward pressure on occupancy rates, says JTC. Posted 28 Apr 2016 14:56. PHOTOS. File photo of a man looking at a cluster of factories at an industrial park in Singapore. (Photo: Reuters). Enlarge; Caption. Email …
Read more on Channel News Asia

Property investment sales plunge 74% in Q1: DTZ

Property investment sales plunge 74% in Q1: DTZ
Real estate investment sales in Singapore, which corresponds to the sale of land, buildings and multiple units valued above $ 5 million, plunged by around 74 percent to $ 1.75 billion in Q1 2016, from $ 6.7 billion in Q4 last year, according to a DTZ …
Read more on PropertyGuru Singapore

Maker Maxity becomes home to sovereign and pension funds
Late last year, CPPIB took 11,860 sq ft space in the complex for Rs 315, according to Propstack, a commercial real estate data analytics firm. Singapore's GIC also has a 5,000 sq ft office in the complex. While Khazanah Nasional Berhad, the sovereign …
Read more on Business Standard (press release) (registration) (blog)

Versace bucks Hong Kong's retail slump to open its Asia flagship store in Central
Shanghai Commercial Bank said on Monday that the Milan-based fashion house has agreed to take up 12,600 square feet on the ground and first floor levels at its newly redeveloped building at 12 Queen's Road Central. The move comes seven months after US …
Read more on South China Morning Post

Firm fined for fatal hydrocarbon blast

Firm fined for fatal hydrocarbon blast
The incident occurred in August 2012 when workers from Sing Wah Enterprise were called to electronics company Toshiba Tec Singapore to remove a hydrocarbon refrigerant from an air conditioning at its factory. The call was … Hydrocarbon refrigerant …
Read more on Cooling Post

London records fastest growth in skyscraper commercial rents in the world
The Skyscraper Index from international real estate firm Knight Frank, which examines the rental performance of commercial buildings over 30 storeys across the world, shows that rents in skyscrapers in London rose 9.7% in the second half of 2015 …
Read more on Property Wire

Lotte targets 60 stores in Vietnam by 2020
HO CHI MINH CITY — South Korean conglomerate Lotte plans to expand its retail operations in Vietnam through mergers and acquisitions as it targets having 60 shopping malls in the country by 2020, a fivefold increase. The company will open its 12th …
Read more on Nikkei Asian Review

Inside one of the world's most secretive iPhone factories

Inside one of the world's most secretive iPhone factories
SHANGHAI — A few minutes past 9am (9am, Singapore time) at Pegatron's vast factory on Shanghai's outskirts, thousands of workers dressed in pink jackets are getting ready to make iPhones. The men and women stare into face scanners and swipe badges …
Read more on TODAYonline

Asian markets mostly dip as US, Japan bank meetings eyed
Among other markets Hong Kong was down 0.6 percent in the afternoon and Sydney lost 0.3 percent while Singapore shed 0.8 percent and Wellington lost more than one percent. However, Shanghai added 0.6 by the close after losing about four percent last …
Read more on Times of India

TPP: Reams of Regulations
… of these votes concerns the Trans-Pacific Partnership (TPP), a massive “integration” scheme for the United States and 11 other Pacific Rim nations: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam …
Read more on The New American

Latest Singapore Office Buildings News

Developers will need to incorporate needs of pedestrians, cyclists: MND
“This is especially critical for developments with high footfall such as schools, shopping malls, office buildings and business parks,” said Mr Wong. “ Through these requirements, we will ensure that our built environment is more conducive for …
Read more on Channel News Asia

Latest Singapore Commercial Buildings News

Manulife seeks to revive S-Reit IPO
Manulife started pre-marketing on Tuesday for an initial public offering in Singapore of its US office real estate investment trust, having failed at the first attempt just nine months ago. Bankers familiar with the situation suggest the deal could …
Read more on FinanceAsia

5G is looming, but network innovations are needed far more urgently
Indoor coverage and capacity are the major challenges for operators as enterprises go mobile-first and consumers use mobile data devices at home and in workplaces and leisure venues. Starhub plans to deploy its HetNet in 40 commercial buildings, …
Read more on The Register

Latest Singapore Office Buildings News

Empty offices and falling rents spell further gloom for landlords
SINGAPORE: Office buildings in the city fringes may be increasingly left vacant as tenants seek the opportunity to move into Grade A premises in the Central Business District (CBD) with rents weakening amid an onslaught of incoming supply. Pundits …
Read more on Channel News Asia

Charter Hall stakes its top developer claim in Melbourne's CBD
The church land is next to another potential development play, an A-grade office building at 150 Lonsdale also owned by Charter Hall that will give the fund control of the "holy hectare", a major CBD development parcel in the city's northern sector …
Read more on Sydney Morning Herald

Architects also hurting from real estate woes
Aedas hires more than 300 people in Singapore, and undertakes regional work ranging from master planning to commercial, residential and mixed-use developments and infrastructure. Mr Ang said that the firm was fortunate to have recently won a few …
Read more on AsiaOne