by Jared Heng International visitor arrivals in Singapore totalled 13.2 million last year, up 13.8 per cent from 2010, the Singapore Tourism Board (STB) said on Tuesday. The figure also beat the official forecast of between 12 million and 13 million, with the majority of visitors coming from Asia. Tourism receipts were estimated at a ...
by Jared Heng Singapore Airlines’ (SIA) budget carrier Scoot has added Australia’s Gold Coast as its second destination, it said on Tuesday. The wholly-owned SIA subsidiary had already picked Sydney as its first destination for daily flights from Singapore. Scoot is set to begin operations in June this year with an initial fleet of four ...
by Jared Heng The Casino Regulatory Authority of Singapore (CRA) has fined casino operators Marina Bay Sands (MBS) and Resorts World Sentosa (RWS) for breaching social safeguard requirements. MBS and RWS were slapped with a financial penalty of S$255,000 and S$130,000 respectively. CRA said the casino operators were fined for breaching regulations under the Casino ...
by Jared Heng A new S$1-million scholarship programme was launched on Monday to support training in Singapore’s manufacturing sector. An initiative under the Singapore Workforce Development Agency (WDA) and German Institute of Science and Technology (TUM Asia), the Manufacturing STEP Scholarship programme (MS2) seeks to build a pool of management talents for the manufacturing sector. ...
by Jared Heng Artist impression of CapitaGreen Construction of a new Grade A office tower has begun on the former Market Street Car Park site in Singapore, with completion expected by the fourth quarter of 2014. Demolition of Market Street Car Park was completed in December last year. At a ground-breaking ceremony on Monday, CapitaLand, ...
by Jared Heng Singapore Exchange (SGX) recorded year-on-year growth in its commodities, clearing and fixed income activities last month. SGX said Friday that trading of agricultural commodity futures rose 52 per cent to 19,357 contracts as participation in SICOM rubber futures continued to grow. Volume of over-the-counter (OTC) commodity contracts cleared was 45 per cent ...
by Jared Heng Singapore’s Urban Redevelopment Authority (URA) Friday announced that it has accepted an application from a developer to put up a hotel site at Rangoon Road / Farrer Park Station Road for sale by public tender. The land parcel was made available for sale through the Reserve List system on 16 November 2011. ...
by Ernie B. Calucag Singapore Airlines, the world’s second largest airline by market value, on Thursday reported a 53-per cent decline in quarterly net profit, hit by high jet fuel prices and warned that passenger yields would be under pressure. The national carrier, around 55 per cent owned by Temasek Holdings, earned net profit of ...
by Jared Heng A residential site at Jervois Road in Singapore attracted strong demand, with a total of 17 bids received at the close of its tender on Thursday. Launched for public tender on December 22 last year, the 8,958-square metre site has a 99-year lease term. It has a maximum permissible gross floor area ...
by Jared Heng Caterers in Singapore will be required to time-stamp all buffet meals and packed meals from February 15, the National Environment Agency (NEA) said on Thursday. Time-stamping informs consumers of the recommended time limit for the consumption of cooked food that had been placed at temperatures between 5 degrees Celsius and 60 degrees ...
