The authorities continue to have cold feet over the sharing of personal mobility devices (PMDs) with a second delay in the decision to award licences for the services in public places. Originally slated for the second quarter of this year, it was postponed by three months by the Land Transport Authority (LTA) because of safety concerns. This time, LTA did not commit to a specific timeline, just saying that it will announce the licence application results at a "later date". This comes after what is believed to be the first fatality from a PMD collision on a public path, which has sparked calls for a ban on such devices. Cyclist Ong Bee Eng, 65, died last week after a collision with a speeding non-compliant e-scooter. It is not clear if Madam Ong's death or the recent spate of PMD accidents led to the delay, but LTA said in a statement yesterday that it will consult device-sharing and rental companies on additional regulations to improve public safety. Its spokesman said: "This is … [Read more...] about PMD-sharing services delayed again over public safety concerns
Serviced office rental singapore
How many of us have encountered these frustrating situations? Scenario 1: You are exhibiting at a travel fair and your customers have spent hours there to decide on destinations and travel packages. But before your customers can confirm their booking, they have to join a snaking queue to pay a deposit because there are a limited number of payment counters on site, and the transaction process is slow. Scenario 2: You have a line of customers queuing at your counter to make payment for their lunch order. The bill for the customer that is currently first in line is $6.70, and you can only accept cash at your food stall. You can’t help but notice that your customer is self-conscious as he fumbles for notes and coins in his wallet to pay you the exact amount, while the hungry diners behind him look on in frustration. Scenario 3: Your staff is at a customer appointment for an aircon maintenance service and the serviceman is waiting outside the customer’s door as the customer has … [Read more...] about How does DBS MAX help businesses address customer service woes?
In line with the Real Estate Industry Transformation Map (ITM) vision of equipping a professional, productive and technology-enabled workforce and agent-network, leading real estate agency ERA Realty Network (ERA) is proactively boosting its overall capabilities in research and consultancy services by upskilling its approach towards data-driven methodologies and identifying key hires that specialise in identifying and analysing data and major trends shaping the different segments of the property market.Most recently, ERA has appointed Nicholas Mak as its Head of Research and Consultancy as part of its continued transformation aimed at helping its customers, agents and stakeholders in Singapore and Asia Pacific region to thrive in an increasingly competitive market and transforming their role from a salesperson to a trusted advisor.Nicholas was previously heading the Research and Consultancy Department at the ZACD Group where he led a team that produces market research reports and … [Read more...] about ERA Realty Network strengthens all-round research capabilities
San Francisco-based investor Paul Bragiel said he needed to be asked three or four times before he accepted an invitation from Singapore to check out its tech scene. He made the trip in 2010, but said that back then, the city-state's prospects of becoming a leading Asia tech hub were "bleak, to say the least". He did see some promise, though, and like many other investors and tech companies since then, he was attracted by generous terms from government agencies. "They gave us a very aggressive deal. Very few countries would have matched it," added Mr Bragiel, who considered Hong Kong and Tokyo for an Asian expansion before co-founding venture capital firm Golden Gate Ventures in Singapore in 2011. He declined to say what the terms of his deal were. Armed with lucrative grants and incentives, Singapore has been ramping up its efforts to lure tech firms and investors, including global players like Facebook, Alphabet's Google and Dyson, companies and government officials say. But now the … [Read more...] about Singapore chases tech ‘Jedi Masters’ to groom budding talent
HONG KONG (BLOOMBERG) - Singaporeans aren't spending like they used to, at least not in malls. There are too many already, and more are being built. But investors still have good reasons to back mall owners. The city state has 6.1 million sq m of retail space, of which 8.7 per cent is vacant. Yet, companies are forecast to add a further 364,000 sq m, with the biggest chunk hitting the market this year. This is when online shopping is catching on, retailers such as Crabtree and Evelyn are closing physical stores, and rents are scraping the bottom. Two years ago, the median tenant was shelling out $9.76 per sq m in the main shopping district of Orchard Road, when the going rate for category 1 offices was $8.65. Now, office rentals have zoomed to $10.18 - 30 cents more than top-grade retail space - while prospects for a spending recovery aren't great. CapitaLand Mall Trust, the island's biggest shopping mall landlord, classifies its tenants in 17 categories, out of … [Read more...] about Why investors love Singapore’s struggling malls