Singapore Morning News For September 1

Singapore focus on critical infrastructures essential to public safety
Singapore’s emphasis on the security of its critical infrastructures is necessary to safeguard general public safety and compel these systems to keep pace with current security landscape.
— ZDNet

Heat rising on local banks from O&M exposure
SINGAPORE’S three banks – DBS Bank, OCBC Bank and United Overseas Bank, are probably feeling more heat from their offshore and marine (O&M) lending exposure.
— The Business Times

Destruction of environment, overpopulation top risks for mankind, say top scientists
The two greatest threats facing mankind are environment destruction and overpopulation, according to a survey that polled 50 Nobel prize-winning scientists by the Times Higher Education at the Lindau Nobel Laureate Meetings.
— Today Online

Qantas rekindles Changi romance, deepening rivalry with SIA
QANTAS Airways may be rekindling its London connection with Changi Airport after a five-year fling with Dubai, but the Australian carrier’s make-up bouquet of additional flights through Singapore could raise a rash for Singapore Airlines (SIA).
— The Business Times

CPF Investment Scheme funds up 3.4% in 2nd quarter
CPF members who invested in funds that are part of the Central Provident Fund Investment Scheme (CPFIS) reaped average returns of 3.4 per cent in the three months to June 30.
— The Straits Times (paywall)

Sharp rise in DC charges for non-landed homes amid en bloc fever
WITH collective-sale fever heating up in Singapore, the development charge (DC) rates for non-landed residential use has been raised by a sharp 13.8 per cent on average.
— The Business Times

Singapore, Chongqing ink joint venture deals to enhance connectivity
Singapore and Chongqing sealed two joint venture agreements on Thursday (Aug 31) that would support an initiative by the Chinese government to enhance connectivity between Western China and South-east Asia.
— Today Online

Lukewarm response from retailers to support BYO campaign
Over the last five months, non-governmental organisation Zero Waste SG tried to draw some 200 retailers to be a part of the Bring Your Own (BYO) Singapore campaign. In the end, only 14 came on board.
— Today Online

Women rising in Southeast Asia, impact IRAs, financing water infrastructure, smarter Singapore
Closing the gender capital gap in Southeast Asia. Investing in women pays economic dividends. Yet seven in 10 women-led small and medium-sized enterprises in global growth markets are unserved or underserved by financial institutions.
— Impact Alpha

Getting workers home safely
It’s a situation any worker will be familiar with in industries ranging from computing to construction: Meeting key objectives to keep business — and pay cheques — coming in. While unmet business objectives may hurt the bottomline, workplace safety lapses can exact a toll that can’t be described in dollars and cents: The loss of human life.
— Today Online

Singapore banks face creative destruction
WHEN is something money and not just a cowrie shell? When you can pay taxes with it. Or that’s the argument of chartalists, the folks who see the state’s hand behind the origins of all manner of money.
— The Star Online

Singapore launches safety probe into US warship collision
The Singapore Transport Safety Investigation Bureau (TSIB) has launched a marine safety investigation following the collision of the USS John S McCain warship and Liberian-flagged tanker Alnic MC in Singapore territorial waters on Aug 21.
— Today Online

Tourism Fiji’s Singapore Representative In Fiji
Her experience with Singapore based, Xzodus Pte Ltd specialising in destination marketing and consultation for travel, tourism and the hospitality industry is hugely beneficial for Fiji.
— Sun (Fiji) News

Perth man to spend more than six months in Singapore jail after assaulting airport officers
A Perth man has been sentenced to more than six months in a Singapore jail after drunkenly assaulting airport officers.
— 9news

Fishing for tech solutions to make feeding a breeze
S’pore fish farmers looking into adopting automated systems to boost productivity
— The Straits Times (paywall)

Singapore, PH team up for NCR’s Intelligent Transport System
Singapore is partnering with the Philippines to develop an intelligent transport system (ITS) to ease Metro Manila’s vehicular congestion based on the former’s ITS and best practices in traffic and transport management.
— Manila Bulletin

Wilmar acquires 50% stake of Singapore’s Aalst Chocolate
WILMAR International has acquired a 50 per cent interest in Singapore chocolate manufacturer Aalst Chocolate.
— The Business Times

Singapore Zoo in Travellers’ Choice awards’ top 5 in the world
Singapore Zoo is among the top five zoos in the world in the 2017 Travellers’ Choice awards given out yearly by American travel website company TripAdvisor.
— Channel NewsAsia

Less whoop, more whimper from July’s bank lending
BANK lending in July reflected a tepid showing in business loans, dashing some hopes of a sustained momentum into the second half, data from the Monetary Authority of Singapore (MAS) showed on Thursday.
— The Business Times

Farewell reception for a president who ‘worked tirelessly’ for Singapore
PRESIDENT Tony Tan Keng Yam was given a grand send-off on the final day of his six-year term on Thursday night, in a farewell reception and ceremony hosted by Prime Minister Lee Hsien Loong at the Istana.
— The Business Times

Feature photo Peter Gronemann
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 September 1 added by Leakhena Khat on September 1, 2017
View all posts by Leakhena Khat →

Bio
Latest Posts

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.