Tuesday, April 5, 2011
Wet and then Sick
Likely the person had brought an umbrella, so won't get wet and fall sick.
- wong chee tat :)
Freehold residential site at Lim Tua Tow Road up for sale
Freehold residential site at Lim Tua Tow Road up for sale
By Julie Quek | Posted: 04 April 2011 1620 hrs
SINGAPORE: A freehold residential site at 28 Lim Tua Tow Road is up for sale. The 28,676 square feet site presently accommodates three single-storey houses.
Based on the Master Plan 2008, it can be re-developed into a five-storey development comprising about 43 apartments averaging 850 square feet each.
Savills Singapore, which is handling the sale, said that the sale of this site is expected to be carried out "expediently" as it is family-owned unlike a collective sale, which can be more complicated.
Savills said it expects keen interest for the site due to the strong participation from developers in the recent Government Land Sales in District 19.
The rectangular site, off Upper Serangoon Road, is accessible via the Serangoon MRT Station and Bus Interchange.
Residents can enjoy facilities such as Nex, the new mega shopping mall and the upcoming Space @ Kovan, with the Sports Stadium and Swimming Complex just minutes away.
The owners are looking at an indicative price of S$26 million.
This translates to about S$797 dollars per square foot per plot ratio, which includes an estimated development charge of about S$6 million.
The tender closes at 3pm on April 28.
-CNA/ac
- wong chee tat :)
By Julie Quek | Posted: 04 April 2011 1620 hrs
SINGAPORE: A freehold residential site at 28 Lim Tua Tow Road is up for sale. The 28,676 square feet site presently accommodates three single-storey houses.
Based on the Master Plan 2008, it can be re-developed into a five-storey development comprising about 43 apartments averaging 850 square feet each.
Savills Singapore, which is handling the sale, said that the sale of this site is expected to be carried out "expediently" as it is family-owned unlike a collective sale, which can be more complicated.
Savills said it expects keen interest for the site due to the strong participation from developers in the recent Government Land Sales in District 19.
The rectangular site, off Upper Serangoon Road, is accessible via the Serangoon MRT Station and Bus Interchange.
Residents can enjoy facilities such as Nex, the new mega shopping mall and the upcoming Space @ Kovan, with the Sports Stadium and Swimming Complex just minutes away.
The owners are looking at an indicative price of S$26 million.
This translates to about S$797 dollars per square foot per plot ratio, which includes an estimated development charge of about S$6 million.
The tender closes at 3pm on April 28.
-CNA/ac
- wong chee tat :)
Millipedes invade public areas in Punggol Place
Millipedes invade public areas in Punggol Place
By Dylan Loh | Posted: 04 April 2011 2333 hrs
SINGAPORE: Residents in Punggol Place have some unwelcome visitors, with creepy-crawlies worming their way into several common places.
A caller to the MediaCorp hotline said the millipedes started appearing last December and that he has raised the issue with the area's Town Council which has promised to take action.
Apparently, these creatures are "sharing the public space" because soil in the area has not been treated with certain chemicals.
-CNA/ac
- wong chee tat :)
By Dylan Loh | Posted: 04 April 2011 2333 hrs
SINGAPORE: Residents in Punggol Place have some unwelcome visitors, with creepy-crawlies worming their way into several common places.
A caller to the MediaCorp hotline said the millipedes started appearing last December and that he has raised the issue with the area's Town Council which has promised to take action.
Apparently, these creatures are "sharing the public space" because soil in the area has not been treated with certain chemicals.
-CNA/ac
- wong chee tat :)
Fish, vegetable prices on the rise due to Thai floods
Fish, vegetable prices on the rise due to Thai floods
By Lian Cheong / Sara Grosse | Posted: 04 April 2011 2015 hrs
SINGAPORE: Floods in southern Thailand have made it more expensive for businesses to import fish and vegetables into Singapore.
Vegetable importers said that there has been a delay in their supply due to heavy rains which affect transportation.
This is why, for every 15kg of vegetables brought in, the price has increased by S$2.
Transport woes have also affected the supply of popular fish and fish-based products.
Some importers said that the prices of such fish have doubled.
Lee Boon Cheow, President of the Singapore Fish Merchant's General Association, said: "From S$3-4 a kilo of our wholesale up to S$6-7. So we expect when the weather is better or the flood is over, the price will go back as normal."
-CNA/ac
- wong chee tat :)
By Lian Cheong / Sara Grosse | Posted: 04 April 2011 2015 hrs
SINGAPORE: Floods in southern Thailand have made it more expensive for businesses to import fish and vegetables into Singapore.
Vegetable importers said that there has been a delay in their supply due to heavy rains which affect transportation.
This is why, for every 15kg of vegetables brought in, the price has increased by S$2.
Transport woes have also affected the supply of popular fish and fish-based products.
Some importers said that the prices of such fish have doubled.
Lee Boon Cheow, President of the Singapore Fish Merchant's General Association, said: "From S$3-4 a kilo of our wholesale up to S$6-7. So we expect when the weather is better or the flood is over, the price will go back as normal."
-CNA/ac
- wong chee tat :)
Bayer to invest S$35m in new lab
Bayer to invest S$35m in new lab
Posted: 04 April 2011 2139 hrs
SINGAPORE : Global health care firm Bayer will invest over S$35 million to expand its seed research laboratory in Singapore over the next five years.
Bayer CropScience, a subgroup of Bayer AG, said the facility will cater to increasing demand in the region by supporting the development of new high-yielding and high-quality seed varieties and hybrids.
The original rice seed analytics lab has been relocated and expanded to support a broader range of seed breeding and development activities across Asia-Pacific.
Bayer said the new investment will increase yields and productivity to meet farmers' needs in crops such as canola, corn, cotton, wheat, soybean and rice.
Bayer CropScience expects the demand from its customers across Asia-Pacific for high-quality seeds to continue to increase, and plans to further expand its seed business by investing in research and development as well as in infrastructure.
Currently, 15 scientists and technicians are employed at the new seed analytics laboratory. The new lab has a capacity of more than 30 scientists and technicians.
- CNA/al
- wong chee tat :)
Posted: 04 April 2011 2139 hrs
SINGAPORE : Global health care firm Bayer will invest over S$35 million to expand its seed research laboratory in Singapore over the next five years.
Bayer CropScience, a subgroup of Bayer AG, said the facility will cater to increasing demand in the region by supporting the development of new high-yielding and high-quality seed varieties and hybrids.
The original rice seed analytics lab has been relocated and expanded to support a broader range of seed breeding and development activities across Asia-Pacific.
Bayer said the new investment will increase yields and productivity to meet farmers' needs in crops such as canola, corn, cotton, wheat, soybean and rice.
Bayer CropScience expects the demand from its customers across Asia-Pacific for high-quality seeds to continue to increase, and plans to further expand its seed business by investing in research and development as well as in infrastructure.
Currently, 15 scientists and technicians are employed at the new seed analytics laboratory. The new lab has a capacity of more than 30 scientists and technicians.
- CNA/al
- wong chee tat :)
UOB CEO pay package S$8m-S$8.25m
UOB CEO pay package S$8m-S$8.25m
By Rachel Kelly | Posted: 04 April 2011 2236 hrs
SINGAPORE: The CEO of United Overseas Bank (UOB), Mr Wee Ee Cheong, was paid a remuneration of between S$8 million and S$8.25 million in 2010, up from the previous year's range of S$7 million to S$7.25 million.
The bank said in its annual report that 85.2 per cent of the CEO's remuneration was in bonuses, 11 per cent in salary, 2.4 per cent in directors' fees, and 1.4 per cent in benefits-in-kind and others.
In comparison, the CEO of DBS Group Holdings, Piyush Gupta, had a pay packet of S$8.04 million for 2010 including a cash bonus of S$2.7 million.
For David Conner, chief executive of Oversea-Chinese Banking Corp (OCBC), his pay package was S$7.48 million. Half of his package was in deferred shares and share awards worth S$3.71 million.
UOB chairman, Mr Wee Cho Yaw, was paid between S$2.75 million and S$2.99 million for his services in 2010, 84.1 per cent of which came in as chairman's fee and 15.6 per cent directors' fees.
UOB's Remuneration Committee has proposed that its chairman be paid an additional fee of S$2.5 million for 2010 for providing valuable advice and guidance to management.
The proposed fee is subject to shareholders' approval at the Annual General Meeting to be held on 29 April.
The bank's full-year profit for 2010 came in at S$2.7 billion, an increase of 42 per cent from 2009.
The bank said net interest margins were healthy, at 2.09 per cent, but continued to be weighed down in an environment of massive liquidity and keen competition.
In his CEO report, Mr Wee Ee Cheong commented that industry-wide margin erosion was mitigated by the bank's continued focus on total customer profitability.
"We entered 2010 mindful of the on-going challenges, yet confident that we have what it takes to move ahead," Mr Wee said.
Going forward, Mr Wee said that the bank's regionalisation plans will continue to gain momentum.
"We continue to work hard on achieving a fully-integrated regional platform to realise the potential of our regional network. It involves harmonising people, products and processes," he said.
- CNA/ir
- wong chee tat :)
By Rachel Kelly | Posted: 04 April 2011 2236 hrs
SINGAPORE: The CEO of United Overseas Bank (UOB), Mr Wee Ee Cheong, was paid a remuneration of between S$8 million and S$8.25 million in 2010, up from the previous year's range of S$7 million to S$7.25 million.
The bank said in its annual report that 85.2 per cent of the CEO's remuneration was in bonuses, 11 per cent in salary, 2.4 per cent in directors' fees, and 1.4 per cent in benefits-in-kind and others.
In comparison, the CEO of DBS Group Holdings, Piyush Gupta, had a pay packet of S$8.04 million for 2010 including a cash bonus of S$2.7 million.
For David Conner, chief executive of Oversea-Chinese Banking Corp (OCBC), his pay package was S$7.48 million. Half of his package was in deferred shares and share awards worth S$3.71 million.
UOB chairman, Mr Wee Cho Yaw, was paid between S$2.75 million and S$2.99 million for his services in 2010, 84.1 per cent of which came in as chairman's fee and 15.6 per cent directors' fees.
UOB's Remuneration Committee has proposed that its chairman be paid an additional fee of S$2.5 million for 2010 for providing valuable advice and guidance to management.
The proposed fee is subject to shareholders' approval at the Annual General Meeting to be held on 29 April.
The bank's full-year profit for 2010 came in at S$2.7 billion, an increase of 42 per cent from 2009.
The bank said net interest margins were healthy, at 2.09 per cent, but continued to be weighed down in an environment of massive liquidity and keen competition.
In his CEO report, Mr Wee Ee Cheong commented that industry-wide margin erosion was mitigated by the bank's continued focus on total customer profitability.
"We entered 2010 mindful of the on-going challenges, yet confident that we have what it takes to move ahead," Mr Wee said.
Going forward, Mr Wee said that the bank's regionalisation plans will continue to gain momentum.
"We continue to work hard on achieving a fully-integrated regional platform to realise the potential of our regional network. It involves harmonising people, products and processes," he said.
- CNA/ir
- wong chee tat :)
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