DAILY NEWS

Daily News – 31 Aug 2022 (Wed)

SINGAPORE REAL ESTATE

Strata office floor at 15 Scotts Road for sale with S$52.5m indicative price
A strata office floor at 15 Scotts Road has been put up for sale via an Expression of Interest (EOI) with an indicative price of S$52.5 million, said exclusive marketing agent CBRE on Wednesday (Aug 31).
https://www.businesstimes.com.sg/real-estate/strata-office-floor-at-15-scotts-road-for-sale-with-s525m-indicative-price

High prices, balloting uncertainty deter some AMK Sers residents from applying for new BTO flat in same estate
Singapore – Retired businesswoman Chew Ye, 60, whose Ang Mo Kio flat has been picked for the Selective En bloc Redevelopment Scheme (Sers), is not sold on the idea of balloting for a new flat in the same estate, despite having the option to do so.
https://www.straitstimes.com/singapore/housing/high-prices-balloting-uncertainty-deter-some-amk-sers-residents-from-applying-for-new-bto-flat-in-same-estate

SINGAPORE ECONOMY

Simplify rules and hew to their principles, to help businesses manage demands: Ong Ye Kung
Singapore – Business growth, workforce safety, inclusiveness and climate change are just some of the many things businesses need to worry about in the present age. But to juggle these demands, the lessons learnt in governing a country can be applied to running a company as well, said Health Minister Ong Ye Kung on Tuesday (Aug 30) at the Singapore Corporate Awards (SCA).
https://www.straitstimes.com/business/companies-markets/simplify-rules-and-hew-to-their-principles-to-help-businesses-manage-demands-ong-ye-kung

Singapore households remain financially healthy despite rising inflation: Dept of Statistics data
Singapore – The financial position of Singapore households has remained healthy in the second quarter of this year despite rising inflation and recession concerns, data from the Department of Statistics released on Tuesday (Aug 30) showed.
https://www.straitstimes.com/business/economy/singapore-households-remain-financially-healthy-despite-rising-inflation

Pandemic’s tapering brings opportunities for Singapore to attract global capital, talent
We are at the pandemic’s tail end, and one of the last vestiges of the crisis – masks – have come off since Aug 29 (save in hospitals and on public transport). We have fared well, even by international reckoning.
https://www.businesstimes.com.sg/opinion/pandemics-tapering-brings-opportunities-for-singapore-to-attract-global-capital-talent
https://www.channelnewsasia.com/commentary/work-pass-attract-global-talent-singapore-2909411

Singapore gains by attracting global talent
A new work pass is among several initiatives that aim to strengthen Singapore’s position as a global talent hub. At the same time, the country must step up efforts to develop the local pool of talent so that its economic core can be preserved.
https://www.straitstimes.com/opinion/st-editorial/the-straits-times-says-singapore-gains-by-attracting-global-talent