Singapore Morning News For March 30

Singapore Morning News For March 30

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 tops list of countries where rich Indonesians stashed funds
Singapore topped the list of countries where rich Indonesians stashed money and assets, according to figures on the country’s tax amnesty programme from its finance ministry this week.
The Straits Times 

Singapore Changi Airport’s passenger movements up 1.5% in Feb
SINGAPORE Changi Airport handled 4.67 million passenger movements in February 2017, up 1.5 per cent from a year ago.
The Business Times

Singapore government warns digital revolution will impact jobs
Country must be prepared for jobs and middle-class white-collar wages to be affected, says Singapore’s smart nation minister, as he reveals plans for 10,000 government employees to be trained in data science.

Singapore’s first Zika cluster of 2017 reported at Simon Place
Two cases of locally transmitted Zika virus infections have been confirmed at Simon Place in Hougang, the National Environment Agency (NEA) said on Wednesday (Mar 29).
Channel NewsAsia

Win Streak May Continue For Singapore Shares
The Singapore stock market has finished higher in two straight sessions, gathering almost 60 points or 1.9 percent along the way. The Straits Times Index now rests just below the 3,185-point plateau, and the market may see continued support on Thursday.
RTT News 

The Weird Reason Singapore Is the World’s Most Expensive City
The Economist’s Intelligence Unit recently published its list of the most expensive cities on earth, and once again Singapore has landed on top of the world.

Singapore to Host World’s Top Business Leaders at 2018 YPO EDGE
YPO, the world’s premier peer network of chief executives, announced today that Singapore will be the host city for YPO’s flagship event, YPO EDGE, bringing more than 2,700 young business leaders and delegates to the city in March 2018 and marking the second time Singapore will host YPO’s landmark annual event.

Samsung Galaxy S8 unveil: 5 things to know
Electronics giant Samsung on Wednesday (Mar 29) threw the covers off its latest flagship smartphone, the Galaxy S8, with much of its fortunes – at least in the mobile phone space – riding on it being a hit with consumers.
Channel NewsAsia 

Over 200 retrenched Singaporeans find new jobs since start of 2017
Some 230 countries retrenched workers were able to find jobs since the start of the year, through the help of the Taskforce for Responsible Retrenchment and Employment Facilitation.
HRD Sinapore

NUS to train 2,000 Singapore civil servants in data science annually
The National University of Singapore (NUS) will provide data science training to 2,000 public officers annually, under a new memorandum of intent (MOI) it signed with the Government Technology Agency of Singapore (GovTech) on Wednesday (Mar 29).
Channel NewsAsia 

Singapore partners with Bahrain to develop a fintech ecosystem
The Bahrain Economic Development Board (EDB) inked a partnership with fintech incubator and ecosystem builder Singapore Fintech Consortium (SFC) to establish a fintech ecosystem and regulatory framework.
Singapore Business Review 

Indonesia stocks hit record high, Singapore near 20-month peak
Indonesian stocks hit a record high on Wednesday while Singapore shares climbed to their highest in nearly 20 months as data showing strong U.S. consumer confidence boosted sentiment in export-reliant Asian economies.
The Star 

Dynamic pricing less than attractive for cabbies
After trying out the new JustGrab service launched for beta-testing a week ago, cabbies said they would be more judicious about accepting such bookings, noting that they are less profitable.
Today Online 

URA to develop Kallang River into lifestyle hub
At Kallang Distripark in Geylang Bahru Road sits the dull, boxlike shape of a disused rubber factory that has been converted into a warehouse.
The New Paper 

Singapore to host YPO EDGE again
The Young Presidents’ Organisation’s (YPO) landmark YPO EDGE event, which brings together more than 2,700 young business leaders, will be held in Singapore next March.
The New Paper 

Customer satisfaction in Singapore up at 71.8 points
The national customer satisfaction score in Singapore rose to 71.8 points in 2016, driven by increases across all sectors except Logistics and Private Education, data from the Customer Satisfaction Index of Singapore (CSISG) showed.
Singapore Business Review 

SCCCI aims to strike balance between firms’ concerns and current economic transition
MANY smaller, older companies here are now at a fork in the road to survival, and the newly-installed president of one of Singapore’s largest chambers of commerce knows that in order to help them, his chamber must “strike a balance” between their worries and the government’s
The Business Times 

Profits before legacy for family businesses in Singapore: survey
A new report by KPMG and CPA Australia on Singapore family businesses found that 93 per cent of business founders surveyed said continued profitability was more important than preserving their legacy.
The Business Times 

Man decapitated from 15th-storey hotel room fall
A Malaysian businessman staying at Hotel Boss in Jalan Sultan was woken up from his sleep early yesterday morning by the commotion in a room nearby.
The New Paper 



Feature photo Bernd Hildebrandt
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 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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