Singapore Morning News For April 11

Singapore’s Nanyang Technological University: Asean’s Best Under 50
When it comes to quality tertiary education Singapore’s title as the higher education centre of Asean can not be challenged, with Nanyang Technological University (NTU) ranked as the region’s best and the third best in the world in the Times Higher Education’s 2017 Young University Rankings.
— AEC News Today

Singapore to introduce driverless buses by 2020
Singapore will carry out trial for driverless public buses following the signing of a partnership agreement between the Land Transport Authority (LTA) and ST Kinetics, LTA announced on Monday.
— News Ghana

Insurance is most-searched financial product in S’pore: Google
Eight out of the top 10 financial searches in Singapore over the last year were about insurance policies ranging from health and business to housing and cars, revealed Google on Monday.
— Today Online

World Bank targets Singapore retail investors
The International Bank for Reconstruction and Development, or World Bank, is exploring a potential issue of retail bonds in Singapore to boost interest in sustainable development bonds and tap the affluent population.
— Malaya

ComfortDelGro hopes to woo riders with flat-fare rates
ComfortDelGro started offering its flat taxi-fare option yesterday, which costs slightly less in general compared with metered trips or those booked on ride-hailing apps, whether during off-peak hours in the afternoon or the evening peak period.
— Today Online

Panasonic relocates global business unit HQ from Japan to Singapore
Panasonic has recently launched its refrigeration compressor business unit (RCBU) on 7 April 2017. Speaking at the opening ceremony, minister for manpower Lim Swee Say elaborated on how the Singapore operation will be transformed in three ways:
— Human Resource Online

$30m waterfront theatre to seat 550 at Esplanade
A $30 million waterfront theatre is slated to open at the Esplanade – Theatres On The Bay by 2021. The 550-seat venue will give arts groups much-needed space to stage new work and attract more audiences.
— The Straits Times

New research uncovers concerns for fintech adoption in HK and Singapore
Hyperfinance, the international law firm’s flagship research programme, investigates what large banks and asset managers need to do to succeed in accelerating their digital innovation and overcome the challenges they face.
— Hubbis

Sycamore Media secures $1.2m in seed funding from REAPRA
REAPRA Pte. Ltd., a business builder and venture capital (VC) firm, announced today it has invested $1.2 million (S$1.67 million) in Sycamore Media Holdings Pte. Ltd., a Singapore-based media startup that focuses on promoting entrepreneurship in Southeast Asia.
— Deal Street Asia

INFINITI launches Smart Mobility Programme in Singapore
INFINITI Motor Company has launched the Singapore edition of INFINITY LAB in partnership with venture capital firm Nest.
— Singapore Business Review

HNA Group’s S$1.4b offer for CWT may transcend logistics
CHINESE conglomerate HNA Group’s S$1.4 billion privatisation offer for Singapore-listed CWT Limited will likely help the aviation giant grow its presence in the logistics industry in South-east Asia and globally, but the deal was about more than that, analysts said on Monday.
— The Business Times

Stocks pressured, safe assets up on rising geopolitical risks
Global stock markets were pressured on Tuesday as rising tensions in the Middle East and political uncertainty in Europe kept investors on edge, underpinning safe assets such as the yen, gold and Treasuries.
— Reuters

Rotary Engineering secures two projects worth over US$120m
Mainboard-listed Rotary Engineering and its subsidiaries has secured two projects worth more than US$120 million (S$168.7 million) in Dubai and Thailand to supply engineering, procurement, construction (EPC) and maintenance services for tank storage projects.
— The Straits Times

London and Singapore remain world’s top fintech hubs
Fintech has become a truly global phenomenon, with hubs popping up in cities around the world, although established players such as London and Singapore continue to be the top centres, according to a report by Deloitte.
— Finextra

Jet Aviation Adds Hangar In Singapore, Considers China Locations
Jet Aviation is expanding its Asia-Pacific maintenance base in Singapore with a third hangar at Seletar Aerospace Park. When completed late this year the 3,850 square meter building, which can hold two Boeing Business Jets or five Gulfstream G650s, will boost Jet’s hangar capacity there to 11,650 square meters.
— Aviation Week

Singapore SMEs going places
SINGAPORE’s small and medium enterprises are going places, and popping up in glitzy shopping centres in the region’s capital cities.
— The Business Times

Real estate agents turn to Uber-like tech to stay afloat
As the number of estate agencies and agents in Singapore shrinks, many are turning to technology to help beat the property downturn blues.
— Singapore Business Review

New NTUC scheme offers more benefits to SME staff
Employees of small and medium enterprises (SMEs) can now enjoy the same suite of welfare benefits available to union members — except for workplace protection — after the labour movement rolled out a new scheme yesterday to raise the well-being of SME workers.
— Today Online

Much to gain for S’pore to invest more in Vietnam
Vietnam has grown exponentially in the past decade, and continues to be one of the region’s fastest-growing markets.
— Today Online

Famous Thai night market gets Singapore twist
Shelve those travel plans for now as Artbox Thailand, a famous creative market in Bangkok, will be popping up in Singapore from April 14 to 16 and April 21 to 23, 3pm to 11pm.
— The New Paper

Feature photo Jason Goh
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Singapore Morning News For April 11 added by Leakhena Khat on April 11, 2017
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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.