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.
Singapore tops global ranking for startup talent, overtaking Silicon Valley: Survey
Singapore has surpassed Silicon Valley as a startup ecosystem in terms of talent, according to a survey of 10,000 startup founders across more than 100 cities.
— Channel NewsAsia
Singapore drops four spots in happiness ranking; still the happiest country in Asia
We still got it, people. Singaporeans are the happiest people in Asia once again, according to the 2017 World Happiness Report. But compared to citizens of other nations in the world, we’re not as happy as we were last year — Singapore took 26th spot out of 155 countries this year, dropping four places from its 2016 ranking.
Singapore firm buys more than 300MW Australia wind projects
Sydney-based company OneWind Australia has sold more than 300MW of local wind power assets – including the late-stage development 150-177MW Lincoln Gap wind farm in South Australia and 75MW Glen Innes in NSW – in a deal with Singapore-based independent power producer Nexif Energy.
— Renew Economy
Smart Nation drive to get speed boost with revamp
To speed up progress on nationwide digital projects launched under Singapore’s Smart Nation drive, the Government will reorganise various agencies to come under the Prime Minister’s Office (PMO), with the aim of delivering tangible results in the next two to three years.
— Today Online
Advanced manufacturing in Singapore’s future smart economy
The Singapore manufacturing sector has been enjoying renewed growth, with the latest CFE report showing that the industry accounted for around 20 percent of GDP and 14 percent of total employment.
— Control Engineering Asia
Singapore government reshuffles agencies to deepen smart nation focus
Just months after a previous restructure, the Singapore government has unveiled plans to create a new unit under the Prime MInister’s Office to better integrate and “turbo-charge” its smart nation efforts.
— ZD Net
Singapore, Japan, Canada top list of Taiwanese’s favorite countries
A poll released Monday showed that the top three favorite countries of people in Taiwan are Singapore, Japan and Canada, while the Philippines and China are among the most unpopular.
— Japan Times
Singapore Plans Maritime Patroller Order
Singapore is likely to field at least five maritime patrollers in the early 2020s, markedly raising its ability to deal with submarines at a distance while also bolstering ocean surveillance capacity.
— Aviation Week
Singapore is the healthiest country in Asia and the fourth healthiest country in the world, according to a new Bloomberg index.
— Channel NewsAsia
MAS directs SGX to enhance recovery processes, resilience
The Monetary Authority of Singapore (MAS) has directed the Singapore Exchange (SGX) to implement measures to enhance its recovery processes and operational resilience.
— The Star
Singapore Airlines to review Singapore to Canberra to Wellington route
Singapore Airlines has announced a review of its international flights to and from Canberra, but the company insists it remains committed to the region.
— ABC Australia
Singapore’s richest move up four spots in world billionaire ranking: Forbes
There are currently 21 people in Singapore’s billionaires club, it was revealed in the Forbes magazine list of the world’s richest billionaires released on Monday (March 20).
— Today Online
Norway the world’s happiest country, Singapore ranked 26th:
Singapore has been ranked the 26th happiest country in the world, according to the World Happiness Report 2017 produced by the Sustainable Development Solutions Network, a global initiative launched by the United Nations in 2012.
— Asia One
Singapore dividend plays still a draw
SINGAPORE-LISTED dividend yield plays are still attractive after the United States Federal Reserve hiked interest rates last week, and even though rates are broadly expected to rise further, market watchers said.
— The Business Times
Women entrepreneurs can create 178,000 jobs in Singapore
Local women entrepreneurs have the potential to boost the economy and create more than 170,000 jobs in four years’ time.
— Human Resource Online
Singapore launches fourth Littoral Mission Vessel
The ST Marine and the Republic of Singapore Navy have launched the fourth of eight Littoral Mission Vessels.
Carbon tax ‘likely to have greater impact on large businesses’
The carbon tax that will be implemented from 2019 is likely to hit large businesses harder than households and small firms.
— The Straits Times
Singapore employees’ year-end bonus averaged 1.45 months, nearly one-third received none: Survey
The average guaranteed bonus, or annual wage supplement (AWS), received by Singapore employees in 2016 beyond their 12-month salaries was approximately 1.45 months, according to a survey by JobStreet.com.
— The Straits Times
There is much for the UAE to admire in Singapore
Earlier this month, Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, gave an inspiring speech to Emirati youth at the Mohammed bin Zayed Majlis for Future Generations.
— The National
TPG predicts SG$300m spend on Singapore mobile network
TPG has made a ‘strong start’ to its Singaporean mobile network in terms of recruitment and network planning, with the network forecast to cost between SG$200 and SG$300 million, it said during its results presentation.
— ZD Net
Ride-hailing firms protest new rules in Indonesia even as Singapore allows taxis to introduce surge pricing
In the latest chapter of Indonesia’s online transport industry, the new set of rules that has been introduced by authorities to regulate the sector, has led to protests from the region’s largest ride-hailing companies – Uber, Grab, and Go-Jek – all of who have argued that it will “interfere with the market and curb transport innovation”.
— Deal Street Asia
Why Singapore is the world’s greatest city for food – by Bibendum head chef Claude Bosi
When Bibendum, the celebrated restaurant on London’s Fulham Road, reopens after refurbishment on April 5, it will be the culmination of a manic few weeks for its head chef Claude Bosi. Fresh back from cooking with Heston Blumenthal in Courmayeur, Switzerland (at an event called Mountain Gourmet Ski Experience), the Frenchman has also found time to visit Singapore for inspiration, in between fretting about glassware, tableware, the typography of the Bibendum menus and the gourmet creations that will go on them.
Singapore: Indian-origin man jailed 10 yrs for killing woman 16 years ago
A 32-year-old Indian-origin man was on Monday sentenced to 10 years in jail and 12 strokes of the cane for murdering a woman 16 years ago during an attempt to rob her at knife-point in a lift.
— Hindustan Times
Feature photo: Jason Goh
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Singapore morning news is published M-F by AEC News Today: Governance, not government; policies not politics.