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S'pore office market fundamentals top in Asia-Pac

SingaporeSINGAPORE offers the strongest office market fundamentals for Grade A office space among core Asia-Pacific markets, in terms of rental growth as well as low vacancies for next year, according to Cushman & Wakefield.This follows a strong showing by the Republic this year.Cushman's 10.88 per cent estimated growth in its average Grade A office rental value this year is the highest among the...


Big praise for small firms at E50 Awards

IN BUSINESS, being small may seem like a weakness, but firms can turn their modest scale into an advantage, said Mr Lim Swee Say, Minister in the Prime Minister's Office, yesterday. "Big is not necessarily better than small, but fast is certainly better than slow... Be nimble, adapt to change and turn the common challenges we all face into unique opportunities for your businesses," he said,...


Businesses like banks, gyms can operate in some industrial areas

COMMERCIAL businesses such as minimarts, banks, clinics and fitness centres can now operate out of certain industrial buildings. This is part of new guidelines, drawn up by the Urban Redevelopment Authority (URA), the Ministry of Trade and Industry and economic agencies. They affect buildings in "outlying industrial estates which are located far from existing commercial nodes". These areas...


Numoni awarded for infocomm innovation

SingaporeNUMONI, a Singapore-based payments company, wants to reach out to over 80 per cent of the world's people. That's an ambitious goal for a young (just two years old) and small (a staff strength of 43 people) firm. We're talking about a market of more than 5.6 billion people.But it's not an impossible target. Numoni has created, developed and manufactured the Nugen, a cash-based...


SingPost embarks on new path to survive

THE traditional postal service is a dying business. Singapore Post estimates that even Santa Claus, once deluged with postal gift requests, now gets no more than 100 letters from here a year. But the urgency brought on by this seismic change is the very impetus that has pulled the team at SingPost together as they embarked on their "transformation for survival", says group chief executive...


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