Singapore Morning News For March 9

Singapore Morning News For March 9
Estimated Reading Time: 4 minutes |

The Singapore morning news roundup by AEC News Today is your one stop for Singapore news on matters of governance and policies affecting Asean business communities.

 

Singapore morning news

Contactless ecosystem to drive Singapore closer to its Smart Nation dreams
There is indeed no stopping Singapore’s Smart Nation push. Just recently, the Land Transport Authority and Mastercard announced the pilot of Account-Based Ticketing system for public transport, allowing the usage of contactless credit and debit cards for fare payments.
Singapore Business Review 

LTA rolls out new moves as rail reliability falls short
With rail reliability still not hitting the mark, measures are in the pipeline to improve the system and prevent breakdowns, including tapping on big data and sensors to pre-empt faults and commuter congestion.
Today Online 

The Singapore and Abu Dhabi governments are working together to promote fintech
The Monetary Authority of Singapore (MAS) and the Abu Dhabi Global Market (ADGM) announced today that they’ve agreed to cooperate on projects designed to encourage the growth of fintech in both Singapore and Abu Dhabi.
TechInAsia

Singapore creates tourism records in 2016
Despite challenging economic conditions, Singapore’s tourism sector showed positive numbers last year. Working in close partnership with industry and community, Singapore Tourism Board aims to shape a dynamic tourism landscape and differentiate Singapore as a vibrant and inspiring destination through the ‘YourSingapore’ brand.
Media India Group

Singapore’s financial sector likely to remain cyber-attack target: Fortinet
SINGAPORE’S financial services sector is likely to remain a top target for cybercriminals in 2017 due to the sensitive nature and value of financial data that the industry holds, according to cybersecurity firm Fortinet.
The Business Times 

EU, Singapore affirm commitment to free trade agreement
Amidst a global climate of increasing calls for protectionism, Singapore and the European Union affirmed their commitment to the free trade agreement between the two parties on Wednesday (March 8).
The Straits Times 

Singapore Business Federation urges larger firms to help smaller players
Less than three weeks after voicing disappointment with Budget 2017 for the “inadequate” short-term support for companies, the Singapore Business Federation (SBF) yesterday was keen to move on from its remarks: Its chief executive told TODAY that businesses here have “expressed comfort” in the government measures, and called for a mindset shift in the community.
Today Online

Thousands Of Singaporean Troops Prep For Virtual War With Real-World Stakes
Singapore’s new Defence Cyber Organisation (DCO), which aims to strengthen the nation’s ability to deter current and anticipated threats in cyberspace, seems to have come not a moment too soon.
South China Morning Post 

Tackling disruption: Execution holds the key for Singapore
SINGAPORE businesses and the government are cognizant of disruption, according to Minister of State Janil Puthucheary. But what is more important is how they execute their response to the phenomenon, and this will determine Singapore’s success in tackling disruption.
The Business Times 

Singapore to get first solar-powered ferry terminal
Sun meets sea at the Tanah Merah Ferry Terminal whose operator, Singapore Cruise Centre, has signed an agreement to power the terminal with solar energy.
Eco-Business 

Singapore changes rules to attract foreign entrepreneurs
Singapore is easing the rules on its EntrePass scheme for foreign entrepreneurs and will boost financing schemes for technology sector startups, to position itself as an attractive location for new businesses.
Out-Law

Singapore firm proposes to Bangladesh for deal to dredge rivers in exchange for excavated sand
Bangladesh’ Water Resources Minister Anisul Islam Mahmud told reporters on Sunday (5 March) that a discussion in underway with a Singaporean company, on the dredging of its rivers in exchange for the excavated sand.
The Online Citizen 

Singapore unveils transformation map for the farming sector
With the aim of helping Singapore farmers raise their production levels, Singapore has laid out the Farm Transformation Map which identifies four key areas for development.
Singapore Business Review 

Singapore Ramps Up Its Cyber War
The city-state has begun announcing new measures to strengthen its cyber capabilities.
The Diplomat 

Khaw signals that transport fares will go up in future
Taxpayers have been increasingly subsidising the higher operating costs of the public transport network, a situation that is not sustainable going forward, Transport Minister Khaw Boon Wan said on Wednesday (March 8) as he asked commuters to be “understanding” when fares have to go up.
Today Online 

Singapore and Indonesia sharing experiences in combating cyber threats: DPM Teo
Singapore and Indonesia are sharing experiences in tackling cyber threats, said Deputy Prime Minister Teo Chee Hean on Wednesday (March 8).
The Straits Times

 

 

Feature photoJason Goh

 

 

Singapore morning news is published M-F by AEC News Today: Governance, not government; policies not politics.

 

 

 

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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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