Singapore Morning News For June 20

Digital economy a priority for Singapore when it takes ASEAN chair in 2018
Singapore plans to drive e-commerce within the region when it chairs the Association of Southeast Asian Nations (ASEAN) next year.
— Channel NewsAsia

SMEs urged to transform their businesses to ride on digital wave
With the growth of the digital economy potentially adding US$1 trillion (S$1.4 trillion) to the gross domestic product (GDP) of the Association of Southeast Nations (Asean) by 2025, experts said it is important that small and medium enterprises (SMEs) in the region transform their businesses to ride on this burgeoning trend.
— Today Online

Singapore prime minister apologises for siblings’ dispute
Singapore’s prime minister has apologised to the country for the extraordinary public dispute with his siblings, which has grown into a conflict over the integrity of the city-state’s administration.
— Financial Times

Singapore at risk of becoming fat nation
In just seven years, Singapore could reach a tipping point and lose valuable ground in fighting obesity.
— The New Paper

Sneak peek at Changi Airport’s Terminal 4
Changi Airport on Monday (Jun 19) released its first images of its new Terminal 4, set to open in the second half of this year.
— Channel NewsAsia

Investors still see value in Singapore developers
After sliding last week, Singapore developer’s stocks are smartly higher today as investors seem to do some bargain-hunting.
— The Edge Markets

Half of S’pore’s elderly found to be frail, mostly due to malnutrition
A study spanning 14 years and counting has found that half of the elderly here are frail — especially the low-income, and those who are single, divorced or widowed — due to factors including malnutrition, lack of exercise and having chronic diseases.
— Today Online

Shanmugam: Law to be introduced next year to combat fake news
A new law to fight fake news will be introduced next year and the government will be consulting stakeholders on the issue in the second half of this year.
— The Business Times

Singapore To Help Jamaica Develop Airport Systems Plan
A release from the Jamaica Economic Zone Authority says the airport systems plan will focus specifically on air cargo, maintenance repair and overhaul services.
— Gleaner

SIA’s digitalisation efforts take off amid operating challenges
SINGAPORE Airlines (SIA) is investing significantly in its digital initiatives as it seeks to boost revenue as well as enhance operations and customer service amid increasingly crowded skies.
— The Business Times

SGX ties up with A*Star to boost tech sector
The Singapore Exchange is partnering a unit of the Agency for Science, Technology and Research (A*Star) to give selected tech companies better access to capital.
— The New Paper

THE POINT72 ASIA SINGAPORE PTE. LTD. INVESTS $1.42 MILLION IN FINISAR CORPORATION (FNSR)
Point72 Asia Singapore Pte. Ltd. bought a new stake in Finisar Corporation (NASDAQ:FNSR) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
— Bangalore Weekly

Singapore shouldn’t aim to be Silicon Valley: Anne Marie Droste, Entrepreneur First
Deep tech-focused startup accelerator Entrepreneur First, which launched its Asia chapter in the city-state, counts the quality of talent of its cohort founders as a major indicator of its performance.
— Deal Street Asia

Buzz continues in luxe housing sector
THE Singapore luxury housing market continues to see a buzz of activity.
— The Business Times

Millennials seek exclusive identity and indie business model: study
BUSINESSES targeting the millennial consumer market need to be aware of Generation Y’s tech-savviness and their demands for authenticity and an exclusive identity, said Bernd Schmitt, pioneer executive director of the Nanyang Technological University’s (NTU) Institute on Asian
— The Business Times

For some Bangladeshi workers, going home with big debts sour Singaporean dream
Mohammad Ashadul Islam placed all his hopes for a better life for his family in Bangladesh on getting a construction job in Singapore.
— Channel NewsAsia

New 3-door SMRT bus starts 6-month trial
Commuters on bus service 190 may notice something different about their ride, as SMRT’s single-deck, three-door bus began operations on Monday (Jun 19).
— Channel NewsAsia

Revised Registers of Electors open for public inspection from June 20
The registers of electors have been revised, and are open for public inspection from today until July 3, said the Elections Department (ELD) Monday (June 19).
— Today Online

Feature photo Leakhena Khat
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.

Singapore Morning News For June 20 added by Leakhena Khat on June 20, 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.