Singapore Morning News For March 22

Singapore Morning News For March 22
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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 morning news

Singapore industrial output seen rising in February: poll
Singapore’s industrial production is expected to have returned to growth in February after contracting more than expected the previous month, a Reuters poll showed.
The Business Times 

Singapore and Hong Kong Top World’s Most Expensive Cities
Tokyo returned to the ranks of the world’s 10 costliest cities in 2017 as Asia’s representation expanded, reflecting the region’s rising clout in the global economy.
Bloomberg 

Singapore pilots account-based ticketing for public transport
Singapore’s Land Transport Authority (LTA) and Mastercard have together launched a pilot of a new Account-Based Ticketing (ABT) System for public transport in the city.
Telecom Asia 

Singapore’s war on diabetes: Industry, academics and government ‘need to line up like hunters’
With a staggering one million Singaporeans forecasts to have type 2 diabetes by 2050-that’ll be one-sixth of the population-this month’s Nutrition Asia video assesses what is arguably South East Asia’s biggest health crisis.
FoodNavigator-Asia 

Fuel treatment firm Aderco opens Singapore office
UK-based fuel treatment manufacturer Aderco has opened an operational base in Singapore to drive the company’s growth in the key Asian region.
Seatrade Maritime News 

Digital Government Group office to be formed under PMO
With effect from 1 May 2017, the Smart Nation and Digital Government Office (SNDGO) will be formed under the Prime Minister’s Office (PMO). The team will comprise staff from the digital government directorate of the Ministry of Finance (MOF), the government technology policy department in the Ministry of Communications and Information (MCI), and the Smart Nation Programme Office (SNPO).
Marketing-Interactive 

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Nearly half of Singapore employers to give salary increases of 3% to 6%: Hays
About 46 per cent of Singaporean employers expect to give salary increases of between three and six per cent to their workers, according to a survey by recruiting company Hays, down from 52 per cent during the last salary review period.
Channel NewsAsia 

How much did Singapore employees receive for their year-end bonus?
Nearly a third (30%) of Singapore employees said they did not receive their annual wage supplement (AWS) in 2016, according to a survey by JobStreet.com. The average guaranteed bonus last year stood at 1.45 months, the poll found.
HRD Magazine 

‘Come, take a look at Singapore companies’
Singapore’s Ambassador to Manila Kok Li Peng urged businessmen from the Philippines to consider investing in Singapore companies and to build more partnerships with entrepreneurs from the island state.
The Manila Times

Singapore develops quick diagnostic tools to deal with chemical attacks
Singapore is stepping up its capabilities to handle chemical attacks as such threats become more pervasive. Defence research organisation DSO National Laboratories has developed a tool that uses weather data to inform authorities’ decisions to move the public away from toxic plumes, and a rapid diagnostic kit that can ease the load on hospitals in the event of an attack.
Channel NewsAsia 

Singapore property prices could still drop 5% over next 2 years
Despite small amendments to property measures, rating agency Fitch still forecasts that values will drop amid rising interest rates and oversupply.
Select Property 

SPH Radio fined $7,000 over insensitive comments
Singapore Press Holdings (SPH) Radio has been fined $7,000 for breaching the free-to-air radio programme code.
The Straits Times 

Why Hong Kong and Singapore must help their airlines soar
When unbearable abdominal pain attacks you while you are flying 37,000 feet above the Pacific, hours away from your destination, you literally are at the mercy of the cabin crew. How they react depends on the culture of the airline, the crew’s practical training, and, finally, on a visceral capacity for human responsiveness.
South China Morning Post 

Important to have innovation in social work: Minister
Social and Family Development Minister Tan Chuan-Jin was a “social worker” to hundreds of social workers at a dialogue yesterday.
The Straits Times 

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Mobike enters Singapore’s bike-sharing market
Chinese company Mobike announced the official launch of its bike-share service in Singapore on Tuesday (March 21), joining the two other bike-share providers currently operating here – China-based ofo and local venture oBike.
The Straits Times 

Foreign buying propels Malaysian shares to new 22-month highs, Singapore slips
Malaysian shares advanced for a fourth session Tuesday, as foreign investors continued to pump in funds amid growing confidence the Federal Reserve will only raise interest rates gradually.
Nikkei Asian Review 

PM Lee hails Singapore’s strong business ties with Ho Chi Minh City
Prime Minister Lee Hsien Loong on Tuesday (Mar 21) hailed Singapore’s strong business ties with Ho Chi Minh City (HCMC) as he arrived in Vietnam’s commercial hub to kick off a four-day visit.
Channel NewsAsia 

Philippines can overtake Singapore, but with higher risk
The case of the Philippines vs. Singapore is more than just a question of who will overtake whom. The two countries have very different regimes and economic policies, so timeframes must be kept in mind here. From an outsider perspective who hasn’t been to either country, it looks as if the Philippines can overtake Singapore in the short to medium term, but that Singapore is more stable in the long run.
CalvinAyre 

Singapore ranked most expensive city for expats for fourth year running
For the fourth year running, the Republic has been ranked the most expensive city for expatriates and business travellers, ahead of Hong Kong and Zurich, according to a bi-annual survey by the Economist Intelligence Unit (EIU).
Today Online 

AVA: Singapore does not import meat from suspended meat processing establishments in Brazil
The Agri-Food & Veterinary Authority (AVA) has announced that Singapore does not import any meat from suspended meat processing establishments in Brazil as none of them is approved to export to Singapore.
The Online Citizen 

Singapore shares open 1% down on Wednesday after US fall
SINGAPORE stocks opened one per cent lower on Wednesday, with the Straits Times Index dropping 30.31 points to 3,128.26 as at 9am.
The Business Times 

Singapore Announces New Patent Rules and Fees to Promote Innovation
Singapore has recently announced a range of major changes to its patent system that will affect those seeking protection in a variety of ways.
Lexology 

Bangkok, Dubai and Singapore top destinations for Indian travellers
Bangkok, Dubai and Singapore are the top foreign destinations for Indian travellers, as per a study conducted by Hotels.com, the world’s biggest hotel booking portals.
Connected to India 

Tea drinking slashes the risk of cognitive decline and Alzheimer’s disease: Singapore population-based analysis
Tea consumption halves the risk of cognitive impairment for people 55 years old and above, and also dramatically reduces the risk of developing Alzheimer’s disease among those at greater genetic risk.
FoodNavigator-Asia 

Five taxi firms to roll out dynamic pricing next week
Following approval granted by the authorities last week, five taxi operators — SMRT Taxis, Prime Taxi, Premier Taxis, Trans-Cab and HDT Singapore Taxi — will implement dynamic pricing from next Wednesday for trips booked through the Grab mobile application, under a collaboration between the operators and the ride-hailing company.
Today Online 

 

 

Feature photo: Jason Goh

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).

 

 

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Leakhena Khat

Leakhena Khat

Junior Journalist at AEC News Today
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 set.
Leakhena Khat

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