Singapore

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

Market launches in the core central region hit a five-year high at 363 units.

‘Nyra’ can be used to track period, fertility, lifestyle and physical activity.

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.

Almost two in five Singaporeans are less likely to hire individuals with tattoos.

Online Life includes 18 savings and protection plans to choose from. NTUC Income launched Online Life and askSage, a life insurance portal and digital adviser, an announcement revealed. Online Life includes life insurance options for direct purchase beyond the current slew of Direct Purchase Insurance (DPI) options from Income, and integrates with digital adviser, askSage, to help consumers make decisions on financial planning at their convenience. The new platforms cater to consumers of diverse financial savviness by allowing them to access the respective platforms separately. For those who are certain about their financial needs, they can leverage Online Life to select and purchase directly a savings or protection plan based on their preferred budget and policy terms. Meanwhile, those who prefer a financial review and needs analysis prior to purchase can access askSage for self-serve advisory and obtain a shortlist of products for direct purchase on Online Life. NTUC Income said that it has 18 savings and protection plans available on Online Life, of which six are riders, for direct purchase. To complement product diversity, the life insurance portal supports consumers with simple and effective product comparisons to differentiate key product features and benefits to help consumers discover what best suits their financial needs at different life stages. “Consumers can also customise premiums, sum assured and policy duration on the portal to optimise relevant products shortlisted by Online Life, which offers consumers instantaneous quotations of the desired life insurance plan at the same time,” NTUC Income explained, noting that it will take about 15 minutes to complete the application and purchase in the platform, depending on the type of life insurance plan and underwriting requirements. Meanwhile, askSage allows consumers to be guided through a financial review online to facilitate an analysis of their life insurance needs before being offered a shortlist of relevant products. The digital adviser offers 25 Income savings and protection plans, which include six riders for consumers’ consideration.

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.

Globalisation, digitalisation and automation are fundamentally changing the way businesses interact with their customers and the way people work. The good news for Singapore is that it is one of Asia’s, if not the world’s, most digitally advanced nations when it comes to digital adoption and transformation.

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.

Its employees engaged in bunker malpractices, an enforcement check found.

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

It can be redeveloped into eight terrace houses.

He will also be the firm’s member of the nominating and remuneration committees.

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

Over 630,000 sqft of food factory space came on-stream in 2019 YTD.