Becoming a biomedical hub

Becoming a biomedical hub S’pore’s ambition to mold sector into another engine of economic growth is turning into reality, reports EMILYN YAP THE biomedical sector here is humming along nicely, given the government’s determined push to make Singapore a globally competitive and trusted centre for scientific and related commercial activities. According to the Economic Development Board, biomedical companies from around the world invested more than US$500 million in Singapore last year. And r

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Becoming a biomedical hub

CBRE expects smaller fall in retail rents this year

CBRE expects smaller fall in retail rents this year It cites healthy demand for Orchard Rd space, limited suburban supply By UMA SHANKARI CB RICHARD Ellis (CBRE) now expects Orchard Road retail rents to fall 10-12 per cent this year – less than its earlier estimate of 15-20 per cent. Good demand at new malls: Ion Orchard said recently that it is 94 per cent leased while 80 per cent of the space at Orchard Central (above) is committed ‘We expect the rate of rental decline for prime spac

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CBRE expects smaller fall in retail rents this year

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