Singapore Economy Committee on the Future Economy can help Singapore firms stay ahead of the curve: Experts Plans outlined by the Committee on the Future Economy (CFE) are expected to help Singapore businesses carve out niches for themselves. While Singapore firms face increasing competition, analysts have said there are also opportunities as the region becomes better integrated. http://www.channelnewsasia.com/news/business/singapore/committee-on-the-future/2416560.html http://www.todayonline.com/business/five-sub-committees-set-drive-singapores-development Committee on the Future Economy announces 5 key areas of work The newly-formed Committee on the Future Economy (CFE) announced five sub-committees to set the direction for Singapore's future economic development after its first meeting on Monday (Jan 11). The areas the sub-committees will be working on are corporate capabilities and innovation, future growth industries and markets, connectivity, urban development and infrastructure, as well as jobs and skills. http://www.channelnewsasia.com/news/singapore/committee-on-the-future/2415610.html http://www.businesstimes.com.sg/government-economy/four-principles-to-guide-future-economy-panel Singapore Real Estate Property launches in 2015: Blowing hot and cold http://www.businesstimes.com.sg/infographics/property-launches-in-2015-blowing-hot-and-cold 47% ramp-up in data centre supply set to dampen rents A ramp-up in supply of data centres (DCs) in Singapore by a whopping 46.6 per cent of the total current stock by megawatt (MW) by the end of this year islandwide is expected to dampen rents in the near term. But Cushman & Wakefield expects rents to bottom out next year as a result of sustained demand from growing technology and network-content companies such as Facebook and Netflix, major banks and insurance companies. http://www.businesstimes.com.sg/real-estate/47-ramp-up-in-data-centre-supply-set-to-dampen-rents http://www.straitstimes.com/business/property/data-centres-shine-amid-property-gloom Mortgagee auctions expected to rise Among the properties making their auction appearance this month are an uncompleted factory in Kranji on a site with a balance lease term of about nine years, a couple of shop units in the basement of the freehold Ming Arcade along Cusacaden Road (both mortgagee sales) and a receiver sale of a two-storey detached house off Upper East Coast Road with seven bedrooms and an indicative price of S$9.5 million. http://www.businesstimes.com.sg/real-estate/mortgagee-auctions-expected-to-rise Companies' Brief Ascendas bond sale 1st SGD issue in 2016 Ascendas Pte Ltd sold a seven-year bond on Monday, the first public Singapore-dollar issue in 2016 offering a safe haven investment amid the turmoil in equity and currency markets. Orderbooks were in excess of S$300 million, allowing the final price guidance to tighten to 3.5 per cent, tweeted bondsupermart.com, a fixed income portal, early Monday evening. http://www.businesstimes.com.sg/companies-markets/ascendas-bond-sale-1st-sgd-issue-in-2016 DP Architects names new chairman, CEO DP Architects has announced key appointments in its senior management, which took effect from Jan 1, 2016. Francis Lee has been appointed chairman of DP Architects and the DP group of companies, taking over the reins from Chan Sui Him who has assumed a mentorship role as senior director. http://www.businesstimes.com.sg/real-estate/dp-architects-names-new-chairman-ceo Global Economy & Global Real Estate Reality check for Dubai developer's US$20m project http://www.businesstimes.com.sg/real-estate/reality-check-for-dubai-developers-us20m-project Chinese property developers rush to print private Panda bonds Europe Property Debt Deals Seen Slowing After Sales Reach Peak Vancouver Property Yields Drop to Manhattan Levels, CBRE Reports Starboard Renews Pressure on Macy's to Pursue Real Estate Deals Midtown Manhattan Vacancies to Rise as Large Offices Empty |