Singapore Morning News For April 20

Singapore Morning News For April 20

Singapore morning news

Singapore Shares May See Relief Rally On Thursday
The losing streak has hit four sessions now for the Singapore stock market, which has given away more than 60 points or 2 percent. The Straits Times Index now rests just above the 3,125-point plateau, although the market may stop the bleeding on Thursday.
— Nasdaq

Debate over stock tick size splits stakeholders
THE Singapore Exchange (SGX) proposal to widen the tick for certain stocks has sparked a debate over whether the change will improve market liquidity or simply raise profits for a select group of traders.
— The Business Times

S’pore retains 10th spot in FDI Confidence Index
BETTER economic outlook led to investors retaining Singapore at the 10th spot on the 2017 AT Kearney Foreign Direct Investment (FDI) Confidence Index, even if political uncertainties wavered their confidence.
— The Business Times

SBS Transit snags Seletar bus package with S$480m bid
SBS Transit (SBST) beat nine others to clinch the third bus package put up for tender by the Government, making it the first time that a Singapore bus operator has won since the Land Transport Authority (LTA) started using the new bus contracting model.
— Today Online

‘Recession-Proof’ Student Housing Attracts Singapore Investors
Singapore’s sovereign wealth fund and the city-state-based real estate investor helped fuel a record $16.2 billion of student-housing acquisitions last year, and a further $3.3 billion of deals were struck in the first quarter of 2017, according to Real Capital Analytics Inc. Student accommodation offers better returns than offices and residential housing, making it an attractive asset for pension and sovereign wealth funds looking for stable income and higher yields in a low-return world.
— Bloomberg

Google aims to train 1,000 Singaporean business leaders by 2019
US tech giant Google will work with global training provider AVADO, SPRING Singapore and the Infocomm Media Development Authority (IMDA) to launch a digital leadership and marketing programme aimed at fostering the next generation of digital leaders in Singapore.
— Channel NewsAsia

Hollywood studios lose landmark piracy case in Singapore
Internet users in Singapore have scored a landmark victory against tactics used by copyright holders fighting alleged piracy. – See more at: http://news.asiaone.com/news/singapore/hollywood-studios-lose-landmark-piracy-case-singapore#sthash.prZhnl0M.dpuf
— Asia One

Singaporean customers amongst the world’s most demanding
When it comes to customer service, Singapore is one of the most demanding globally, a study by American Express found out.
— Singapore Business Review

Fake passports fuel child trafficking to Hong Kong, Singapore
When Siti was promised a high salary for working as a maid overseas, her parents urged her to leave their rural home in Indonesia’s rugged East Java province.
— New Straits Times Online

Singapore arts festival to enchant
The spotlight is on local artists at this year’s edition of the Singapore International Festival of Arts (Sifa), which runs from June 28 to Sept 9.
— The Straits Times

Singapore Heritage Festival 2017: Spotlight on Caldecott, Little India, Bukit Pasoh and the Singapore River
SINGAPORE – Hawker stalls will line the Singapore River once again, harking back to the 1970s and early 1980s when Empress Place Food Centre was the epicentre of hot satay and cooling coconut water.
— The Straits Times

Singapore to be promoted as stopover destination
Singapore is to be promoted as an attractive stopover destination in a $34 million campaign.
— Travel Weekly UK

 

Feature photo Jason Goh  
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Stella-maris Ewudolu

Stella-maris Ewudolu

Journalist at AEC News Today
Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005. Between November 2004 and February 2011 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. Since 2010 she has worked as a freelance screen writer for 'Nollywood', Nigeria.

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