Singapore Morning News For August 29

Singapore Morning News For August 29

Singapore morning news

Presidential Election 2017: Polling Day set for Sep 23, Nomination Day on Sep 13
The Presidential Election has been set for Sep 23 if more than one person qualifies to run for the position.
Channel NewsAsia 

Japan courts Singapore in bid for High-Speed Rail project to KL
Japan is pulling out the stops in making a pitch to Singapore for the proposed High-Speed Rail (HSR) project to Kuala Lumpur.
Channel NewsAsia 

Singapore’s Home Sales Recovery Is Down to the Locals
After years of declines, Singapore’s home sales are on a roll, even as purchases by foreign buyers have remained muted.

Singapore dollar surges against US dollar as central bankers keep mum on policy
THE Singapore dollar surged against the greenback as expected on Monday, in line with other currencies, following a meeting of central bankers in Jackson Hole in Wyoming over the weekend.
— The Business Times  

SME digitisation drive vital to Singapore’s growth: IMDA
THE importance of digitisation for Singapore’s growth was laid bare by the chief executive of Info-communications Media Development Authority of Singapore (IMDA).
Digital News Asia 

Singapore, Japan to study LNG for car carriers
THE Maritime and Port Authority of Singapore (MPA) is teaming up with its Japanese counterpart to start a feasibility study on liquefied natural gas (LNG) bunkering for car carriers plying between Japan and Singapore.
The Business Times 

‘Which way is your child growing?’ asks Singapore anti-obesity ad
National non-profit Singapore Wellness Association has released a new print campaign targeting parents and children who are at risk of becoming obese.

Singapore has an idea to transform city life — but there may be a privacy cost
This tiny island on the equator peeled away from Malaysia a half-century ago, an experiment in governance that willed itself into a global financial capital. Now Singapore is trying another experiment, one that could transform cities around the world.
Los Angeles Times 

More fall prey to Internet love scams, despite dip in crime: Police
Despite a slight dip in the crime rate in the first six months of the year, the number of Internet scams went up significantly, police said on Monday (Aug 28).
Channel NewsAsia 

Sloane Court Hotel sold for S$80.5m, to be redeveloped into condominium
Sloane Court Hotel, along with a small plot of land next to it, has been sold for S$80.5 million to TSky Development, it was announced on the Singapore Exchange (SGX) on Monday (Aug 28).
Channel NewsAsia 

Adapt to tech changes or risk becoming obsolete: Iswaran
NEW technologies and their applications in countries like China and India have effects on Singapore businesses, said Trade and Industry Minister S Iswaran at the 2017 MTI Economic Dialogue held on Monday.
The Business Times

Sept 23 will be polling day if enough candidates for a contest
MORE than 2.5 million Singaporeans will head to the ballot boxes on Sept 23 to vote for the country’s eighth President, if there are at least two eligible contenders.
The Business Times 

‘S’pore firms could benefit if Japan wins tender for HSR project’
Should there be a Japanese winner for the Kuala Lumpur-Singapore High Speed Rail (HSR) project, it could open up new opportunities for the economy here, as Singapore firms are roped in to be part of the construction process.
Today Online 

Healthcare professionals ‘should embrace innovation and serve with heart’
The healthcare community needs to embrace innovations in research and practice, on top of serving its patients with “heart”, said Deputy Prime Minister Teo Chee Hean Monday (Aug 28).
Today Online 

Plot by hackers to cheat firm of S$101,000 foiled by bank
But for the intervention of United Overseas Bank (UOB), Mr Muralidaran Naidu’s company would have been fleeced of US$75,000 (S$101,632) by hackers last year.
Today Online 

Woodlands region to receive new bus service options from early Sept
Commuters travelling to and from the Woodlands region can expect to benefit from one new bus service and an additional service enhancement that SMRT will be introducing in early September.
Today Online 

Elaborate scam dupes divorced mother of $1.1 million
Multiple trips to Malaysia, a fake United Nations officer, a fake bank website and a briefcase purportedly containing US$2 million (S$2.7 million) in cash – this was the elaborate set-up of a scam that swindled a woman here of $1.1 million.
The New Paper 

SG Dealbook: SPH divests stake in Mediacorp; ST Engineering acquires repair assets
SPH has diested its stakes in Mediacorp ventures while ST Engineering has acquired repair assets in the US.

Managing director found guilty of sexually assaulting nurse of cancer-stricken wife
An Indian national in Singapore to seek treatment for his cancer-stricken wife was convicted on Monday (Aug 28) of sexually assaulting her young nurse.
Channel NewsAsia 

Get the GPs’ perspective on trends, challenges and valuations in Asia
At the Asia PE-VC Summit 2017, we are set to ask leading GPs from across Asia to share their perspectives on:

PH to ink deal with Singapore on solving traffic woes
Transport officials are turning to Singapore for help in addressing the country’s perennial traffic problem which is costing the economy at least P2.4 billion daily.
Philippine Daily Inquirer 

Singapore’s ‘New Internet Oracle’ Raises $1.5 Mln Series a Funding
Singapore Blockchain scalable database provider Bluzelle has announced it has raised $1.5 mln in a Series A funding round.

Indonesia, Singapore Conduct Mine Countermeasure Military Drills
Last week, the Singapore and Indonesian navies conducted a bilateral mine countermeasure exercise in just the latest defense interaction between the two Southeast Asian states as they commemorate the 50th anniversary of their diplomatic relationship this year.
The Diplomat 

Amber Park, Jervois Gardens join fast-growing list of en bloc sale launches
Two freehold condominiums have jumped on the collective sale bandwagon as the local en bloc market continues to heat up.
Channel NewsAsia 

Third e-scooter operator to debut despite tepid interest
There may have been lukewarm interest from the public for e-scooter sharing services, but a third operator will still be making its mobility devices available for rent in the Central Business District (CBD).
Today Online


Feature photo Peter Gronemann
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).


Singapore morning news by AEC News Today is your one stop source for Singapore news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.



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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.

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