Straits Times: It’s DIY for Group Exklusiv’s hotel

It will be the main contractor and aims for Oct 2009 opening
By Christopher Tan, Senior Correspondent
ENTREPRENEUR Peter Kwee’s Group Exklusiv will assume the role of main contractor for its maiden hotel project here because ‘all the big contractors are tied up with other projects’.
The squeeze on labour has been cited lately as a [...]

Business Times: Steering ahead with F1

Apart from bringing in tourist dollars, F1’s first night race is set to sharpen Singapore’s competitive edge and create new businesses and industries, reports SAMUEL EE
THE arrival of Formula One in September 28, 2008 will have obvious tourism benefits. But F1’s first night race is expected to create waves for more than just hotels [...]

Business Times: What makes S’pore one of the most resilient markets in region

ALMOST exactly 10 years ago in September/October 1998, the Singapore stock market suffered its worst-ever beating in the wake of a region-wide sell-off that subsequently entered the history books as the notorious Asian financial crisis.
That crash, which took the Straits Times Index down to an all-time low of 800, capped several months of selling that [...]

Business Times: 7 Commonwealth Dr blocks marked for SERS

Owners can register for replacement flats around Q3 2009
THE Housing & Development Board (HDB) has identified seven blocks at Commonwealth Drive for its latest Selective En Bloc Redevelopment Scheme (Sers).
The 10-storey blocks are 44 years old and comprise 669 sold flats. The flat owners will be offered replacement flats (up to 40 storeys high) that [...]

Business Times: All eyes on Singapore IRs now

Apart from a surge in tourism, jobs and tax receipts, Singapore’s two integrated resorts could bring in new investors, reports ARTHUR SIM
WITH expectations of a big boost to the economy, more buzz and the promise of thousands of jobs, it is no wonder we are all a little anxious to see Singapore’s two integrated [...]

Business Times: Challenges for Singapore property sector

New engines drive Singapore’s property market but pitfalls remain,
reports KALPANA RASHIWALA
THE Singapore property market has weathered the storm from the US sub-prime crisis, soaring oil prices and overall inflation, pretty well.
Runaway increases in property values in the high-end residential and prime office sectors seen in the past couple of years, for instance, have started [...]

Business Times: Fourth university will rise in Changi by 2011

First batch of students to start classes in 2011
By LEE U-WEN
(SINGAPORE) The Republic’s new publicly funded university will be located in Changi, with the first batch of students set to begin classes just three years from now in 2011.
This was revealed by Prime Minister Lee Hsien Loong in his annual National Day Message [...]

Business Times: Bumpy road, but S’pore has shock absorbers

PM Lee trims growth forecast to 4-5% but says Republic is holding its own
By CHUANG PECK MING
(SINGAPORE) Brace for a bumpy year ahead, said Prime Minister Lee Hsien Loong in his National Day Message issued yesterday. Yet, the latest economic figures he unveiled yesterday were not as bad as some had feared.
Growth forecast [...]

Straits Times: IRs on track to open in 2009, 2010

Marina Bay Sands, Resorts World say construction’s smooth and hiring to start
By Lim Wei Chean
TWO years after the contracts for the integrated resorts (IRs) were awarded, both Marina Bay Sands (MBS) and Resorts World at Sentosa (RWS) say they are on track to open in December next year and the following year, respectively.
Hiring for [...]