The site is located at the Woodlands Regional Centre and will sustain the development momentum of the precinct as a key commercial cluster outside the city, says URA.
Using only the hired-out fleet to compute taxi availability removes the variation arising from the unhired taxi fleet and measures the efficiency of hired taxis more accurately, says the Land Transport Authority.
Building competencies will strengthen SMEs' processes and systems for expansion, as well as position them for easier access to capital markets, says SPRING.
The decline is bigger than the revised 0.3 per cent drop in April. The data also showed that resale prices for private homes located in the central part of Singapore dropped by 1 per cent, as compared with the previous month.
Morgan Stanley notes that growth in the past 50 years in Singapore has been driven by active imports of capital and labour, as well as GLCs. But with a different set of challenges going forward, the growth model has to evolve.
This follows the sale of the office and retail complex at Penang Road near the Orchard Road shopping belt for S$411.8 million, Suntec Real Estate Investment Trust (Suntec REIT) says.
With the rising wave of new financial technology, the Monetary Authority of Singapore plans to adopt new regulations and initiatives to grow a conducive ecosystem for innovation.
Under the deal, Peter Lim's Mint Media will own and administer all of football star Cristiano Ronaldo's image rights, except for those related to Real Madrid, for six years.
Both companies are being recognised for their contributions to Singapore's economic growth, and their support for the country's social and community interests.
The Comprehensive Strategic Partnership is significant as both countries mark 50 years of diplomatic relations this year.