JTC launches new space for the arts
MEMBERS of the arts community in Singapore will now have another platform to showcase their talent. JTC Corporation yesterday launched the Wessex Village Square @ one-north – a space for art exhibitions, music and dance performances and other events. The square will also house an art workshop and studio, a dessert cafe and an Italian … Read more
Jurong Lake District plan: Jurong the desirable
The Urban Redevelopment Authority’s (URA) plans to gentrify Jurong, long associated with factories and warehouses, have a successful working model in Tampines. As with Tampines, a dispersal of commerce and smaller office operations from the city centre and its fringes is the pivot of the new regional plan. The URA is working to a time … Read more
US consumer confidence takes a beating
Indicator hits lowest point in 26 years over inflation, jobs US consumer confidence fell to its lowest in more than a quarter-century in early April, diving deeper into recessionary territory on heightened worries over inflation and jobs, a survey showed yesterday. The Reuters/University of Michigan Surveys of Consumers said its preliminary index of confidence fell … Read more
Global recession: Are Asians ready for a storm?
Riding it out involves open and frank cooperation AMERICA’S unfolding financial woes continue to surprise. The impact on Asia has been limited thus far, and some think that Asia’s rise is irresistible. But connections in finance, trade and investment can still bring the storm to Asia. Indeed, regional bourses and currencies have already felt shocks. … Read more
Asia is still hitched to US train, warns IMF
Economic and financial spillovers are still significant IN a report likely to shake the confidence of Asian markets and regional policy makers, the International Monetary Fund (IMF) firmly rejected yesterday the notion that Asian economies have largely decoupled from the impact of a slowdown in the US and other advanced economies. ‘Asia has not de-linked … Read more
Market & hawker centre at Mei Chin Road to close for upgrading
The market and hawker centre at Block 159 Mei Chin Road will be closed for upgrading from May to the second quarter of 2009. This makeover comes under the National Environment Agency’s (NEA) Hawker Centres Upgrading Programme (HUP). The S$4 million upgrading programme will make the two-storey market and hawker centre more accessible for the … Read more
Another revamp in the works for Malay Village
The Malay Village will undergo yet another revamp in a bid to save it, its owners said yesterday. The overhaul for the 22-ha Geylang Serai complex will be financed with the $50 million put in by investors in China and Thailand, said Mr Jeffrey Chan, the general manager of Malay Village Pte Ltd. He was … Read more
YTL pays record price for land near KL twin towers
It plans to build luxury apartments on 0.4-ha plot that costs RM2,000 psf YTL Corporation group managing director Francis Yeoh yesterday confirmed the conglomerate’s acquisition of a site near the Petronas Twin Towers in Kuala Lumpur for a record sum of RM2,000 (S$861.70) psf – and said that he thinks Malaysian land prices are still … Read more
Different views of a failed HDB application
ACCORDING to the Housing Board, first-time applicants who have been unsuccessful for four times or more will be given an additional chance in the ballot for each subsequent unsuccessful attempt. I have been unsuccessful in at least four exercises, and yet, the HDB tells me that I have been unsuccessful in only two attempts. The … Read more
Scaled-down test to get more housing agents qualified
It aims to address view of some agents that current exam is too tough, academic A NEW examination has been launched to encourage housing agents – the subject of rising levels of consumer complaints – to get themselves qualified. It is more basic than an existing exam, in the hope that reluctant agents will at … Read more
