Laser Technologies and Photonics

Laser Technologies and Photonics

In the next five years, Asia will be the number one on the laser technology and photonic market. According to Dr. Ahmad Magad and Alan Yeo, Regional Director and Managing Director of Singapore Pte Ltd, the laser and photonic market depends on the country demand, related to the amount of the manufacturing growth in it. Right now, China expected to be the biggest growth engine in Asia, and also for the rest of the world. In Shenzhen, a lot of products have been made, especially electronic products, such as computers, notebooks, and iPhones. This will affect the demand for lasers for cutting and marking. Besides Asia, there's also North America which had grown and pushed their manufacturing.

A countries group of ASEAN is the fastest growing region in Asia, but how much it will affect lasers market also depends on every country because each of them are different. Six hundred million people live in those countries, with more than half of it live in Indonesia and Vietnam. The biggest amount of a people lives in a country, the biggest products demand, the biggest manufacturing, the biggest laser demand. For now, the market in ASEAN is still low, but in the future, they are expected to be a greater market, due to the interest of investor for countries manufacturing like Malaysia, Thailand, Singapore, and Indonesia. The growth of ASEAN economic have risen the middle-class people, and the demands for high-tech products require lasers activity has improved. Singapore as the best-developed country in ASEAN can be used as a base to access new markets.

The major drivers for laser markets development are China, North America, and Germany. But due to the recession, the economy of Eurozone also getting weak, but lasers market will be stable from the demand of other countries outside the Eurozone. The growth of Asia's GDP as much as 5% in the next five years will make them a promising market.

As the big market's product, laser business has its own problem. IP protection is in need of attention. There's a lot of IP stolen in the country in which the machine was made, by the employers or the competitors. The solution is not to transfer the higher tech, more knowledge, and more IP-intensive operations to the country with the highest risk of the IP theft. In Singapore, as in Germany, Intellectual Property are being protected and respected, so there will be a very minimum risk to be stolen.

Lately, Asia's people have an increase in their economic situation, their awareness about healthcare and medication also increases. This also affects the demand for photonics and laser technologies for medication, diagnostic and treatment.

The technologies Research and Development get done in Singapore with making a research collaboration with the well-known research institutes, including German research institutes, like Max-Planck, Karlsruhe Institute of Technology, Fraunhofer Institute for Laser Technology, etc. On the ASEAN region, MARA institute of Malaysia has been collaborating to make a carbon dioxide laser. Another potential country to collaborate within research and development including Thailand and Indonesia. To introduce a new technology of laser, Singapore Pte Ltd has to make laser fair in Europe for Asia's visitors.

Rents for private homes better than HDB

Rents for private homes better than HDB

After a slight surge in March, the rental market softened in the past month because of the signing of new leases signed for private apartments and HDB plans. in percentage terms, it increased by two digits from February.

Experts noted that after the New Year Chines, in particular, that relief was expected because of the entry of foreign professionals who tend to be much higher at the beginning of the year. A lot of companies from various sectors are doing headcounts reduction because of the economic times that require more caution. Another thing that is quite likely to happen is the significant increase of prominent foreigners in Singapore from April or mid-year in order to generate fresh locations. What is still suffering negative effects because of the increase in private residential completions is the rental of private homes because of the giant competition between the owners.

Both segments suffer a higher volume year after year - reflecting the unchangeable nature of this lease, generating leases as short as six months. Private apartment rents remained unchanged in relation to rents in the past and even after the fall of 1.4% in March. On the other hand we have the HDB rents had a decrease of 0.6 percent, after another drop of 0.4 percent in March, values with quick estimates SRX property.

Because of a number of growing combimados home conclusions, both seem a slide which combine with little new demand from expatriates. Rents in core central region (CCR) were not aterações since March largely rents in the central region (RCR) increased by 0.1% and rents in the central region of the outside (OCR) or suburbs so freu falling 0 ,1 %. Year after year, rents are 5.4% lower overall. lace CCR mostraração a decrease of 1.9%; RCR lace is showing off 8.2% and OCR income decreased 6.8%.

The director R'ST Research, Ong Kah Seng said that tenants have many options since the HDB are suffering fall, because of the increase in condominium closed conclusions with a view to 2014 and over up HDB apartments for sublease as the update of their owners. In mature properties HDB rents fell by 0.3% and non-mature properties fell by 0.9% in April. Again, over the years, rents in mature properties proved in a yield of 3.9% less and those in non-mature properties 4.8% lower.

Last month the amount of private leased apartments fell 10.3% to 3,953, however there is a 10.5% increase compared a year ago.In March, the volume of HDB rental had a decrease of 2.2% to 2,048, but was 5.8% higher in the year in the year.

The competitiveness between rentals is getting fierce. The owners must be prepared to encounter difficulties renting if they try to keep their rents previously negotiated.

Prime land prices to be even more astronomical

Prime land prices to be even more astronomical

Singapore's no. 2 property developer, City Developments Company (CDL) has remarked that prime land prices are at astronomical levels. CDL has a radical prediction where land prices will go up further to new all-time highs on a per square foot basis in the coming years. Singapore has very little prime land left for development and property development business has been getting tougher due to land scarcity. CDL noted that lands that are up for sale come with premium prices which will eat into profit margins. CDL recently acquired a 170,000 square feet land site for its latest Gramercy Park property development project, right next to the vibrant shopping hub at Orchard Road.

Singapore's property prices for the residential segment has seen 10 straight quarters of decline following government's regulations to enforce property cooling measures ranging from higher stamp duty and higher income to debt repayment ratio. It is the government's intention to control housing price hikes and dampen buyer's enthusiasm. Even as prices fell, Singapore remained Asia's no. 2 most expensive residential market for house buyers. CDL, with controlling shareholder Kwek Leng Beng steering the company's operations, had been fortunate to acquire the freehold land site many years back, and has enabled it to price the houses up for sale at current prices, which is still profitable to the group. Home prices before the financial crisis and central bank quantitative easing measures were still affordable with many bidders vying a piece of the property development action.

Prices for residential property stocks will be priced at significantly higher levels, as per announced in CDL's quarterly results to the stock exchange. This is due to higher prices for prime land which will be on a steady uptrend for future years. For the Gramercy Park development, the group is channeling all marketing resources by launching overseas roadshows and organizing regional promotional campaigns. Feedback has been good so far with many interested parties sending in enquiries for pricing and booking details. CDL was the highest bidder back in 2006 and managed to secure the Gramercy Park land site located at Grange Road. The total acquisition price turned out to be S$383 million. Singapore ranks just behind Hong Kong with the most pricey luxury home prices, as per a wealth report produced by Knight Frank, a leading real estate agent group in 2016. Singapore's luxury homes are truly catered to the very high net worth individuals.

CDL 31 March quarterly financials were lackluster, having announced a 14% fall in profits to $105 million. Revenue also fell by 11% to $723 million. The property market has been tough since the implementation of government cooling measures and weak results with negative growth is largely expected by property analysts and investors. For the coming quarters, imminent recovery is not expected to happen and property developers are bracing for tougher times ahead with the main objective of keeping extra reserves on the bank and slowing down property launches.

Government will maintain its government property cooling regulations in order to rein in property market from overheating. Mr Swee Kiat Heng, Singapore's Finance Minister made an official statement on 24 of March that property curbs are here to stay for the time being. This statement reinforced the view of Minister for National Development Mr. Lawrence Wong.

Some of the cooling measures being enforced is capping debt repayment ratio at 60% of loan borrower's monthly net income. Another measure was imposing higher stamp duty on the price of home purchase transactions. This comes on the back of low interest rate environment and strong foreigner demand for local houses which spurred the extraordinary capital gains for house prices.

Sustainable Growth Solutions In Asia

Sustainable Growth Solutions In Asia

With the growth of global warming, there is a race against time to find renewable sources of energy. Our dependence on energy derived from non-renewable sources of energy is growing each year. This has happened due to increased consumption and a lackadaisical attitude towards researching and implementing clean sources of energy. Sensing the urgency, scientists and governments across the world are working towards finding solutions. This has led to an increase in research and application for green energy.

As per research conducted by IEA, the renewable energy sector is positioned to provide for a third of our electricity needs within twenty years. Currently, energy derived from sources such as the sun, water, biomass and wind provide for 20% of the requirement.

Asia is making great strides in renewable power by manufacturing products that can utilize them with ease. This is out of necessity, considering Asia is home to nearly half of the global population. By implementing a sustained increase in using clean power to meet requirements, Asian countries are able to greatly reduce their carbon footprint.

It has been deemed that Asia sweeps up 30% of the solar energy requirements worldwide. This trend has been seen in China as well. Their government is creating a system to increase use of technology that relies of clean energy. Similar provisions are seen in India, where use of solar energy is becoming part of national policy and in areas of Southeast Asia as well.

Japan and Australia are getting into the process as well, where they can follow the example set by Singapore. The country has developed a number of ways to drive forward solutions for clean energy. It works with businesses in order to push commercially viable sustainable development.

Singapore is able to push the manufacturing dependent industries to purchase clean energy, which in turn creates an incentive for the sectors that are researching green energy. This includes the electronics, chemical and engineering sectors, which are known to require a lot of energy to function. It helps that the government is working towards providing solutions to the regional areas as well as sending in the best global minds to help the suppliers in expanding their business.

Singapore has also been able to create a thrust in their R&D sector, mostly by creating policies that safeguard intellectual property rights that drive innovation and research. Thanks to their intensive push, 2011 saw the movement of $700 million in the form of support for R&D for creating better sustainable buildings, clean energy and water based solutions.

Singapore is home to SERIS, the Solar Energy Research Institute of Singapore. It is known to be the one of the best places for R&D in green energy solutions other than Japan. SERIS has been working towards looking at methods to bring down costs of installation and increase delivery from solar panels. It hopes to create a flow between the national energy grid and solar technology. There is also research being done via the National Solar Repository, so that the solar panels can be better programmed for tropical heat.

The country has opened up their land to help companies test their technology and rework them for the urban audience. This allows Singapore to cut down on their fossil fuel dependence, and improve the overall management of renewable and non-renewable source of energy.

Solar panels installed on rooftops are the most popular in Singapore at the moment. There is work being done to create photovoltaic cells that are positioned on top of water reservoirs, to further utilize available space. The UWC campus has also pitched in, helping with the only global tests that are looking at the use of cooling spaces with solar power.

The country is moving forward on all gears in order to build systems that can utilize solar energy despite erratic weather. If successful, countries with clear skies will be able to produce solar energy faster and in greater quantities. Singapore has also put in a stake in electricity based vehicles and national smart grids that will manage clean energy requirements.

The Eco-Town Punggol is one of these ventures, a residential area that runs on sustainable practices, use of clean energy and test models that boost solar leasing. This has been done to reduce the cost of using sustainable technology and attract more users.

Each growing industry in Singapore is being tied to renewable power solutions. The financial sector is a new adopter of solutions. One of these is known as power-wheeling, which allows usage of solar energy that was created away from the location of use.

In the years to come, the adundance of renewable resources in Asia will play an important role in creating sustainable solutions. Singapore is ahead of the curve and is set to help their neighbors in adopting the technology needed to increase green energy usage. It has started by welcoming many globally known companies that deal with both solar and wind based energy. Native companies are also starting R&D in order to create their own brand of solutions for the public.

By and large, Singapore is sure to provide the answers needed for renewable energy to provide for energy needs.