Singapore Morning News For September 12

Singapore Morning News For September 12

Singapore morning news

Singapore bunker suppliers plan expansion amid brighter growth outlook
Participants in Singapore’s bunker market are firming up plans to expand this year amid expectations that a robust economic outlook would help volumes to grow, while industry rationalization through the possible exit or restructure of some firms due to stringent rules creates more opportunities for accredited and larger bunker suppliers to fill the void.
Hellenic Shipping News 

Halimah Yacob set to be next President after other potential candidates fail to qualify
Madam Halimah Yacob looks set to become Singapore’s next President after the two other potential candidates fell short of the qualification criteria.
Channel NewsAsia 

Smart Nation push is not about tech for tech’s sake: Janil Puthucheary
SINGAPORE does not chase technology for technology’s sake, but to improve the lives of its people, Senior Minister of State for Communications and Information Janil Puthucheary told Parliament on Monday.
The Business Times 

Southeast Asian logistics firm Ninja Van raising $60 million for expansion: sources
Southeast Asian last-mile logistics provider Ninja Van is raising at least $60 million in its latest fundraising round, two sources said, as the Singapore-based company charts an aggressive expansion in key regional markets.
Reuters 

Amended Act aims to improve running of property management organisations
Changes to the Building Maintenance and Strata Management Act were passed yesterday, with Second Minister for National Development Desmond Lee stressing the aim of balancing regulatory oversight and safeguarding the interests of subsidiary proprietors (SPs), against the latitude of self-governance.
Today Online 

North-South Line resignalling could be completed earlier than expected: Khaw Boon Wan
Transport Minister Khaw Boon Wan said resignalling works on the North-South Line (NSL) could be completed in the next few weeks, ahead of the December deadline initially set.
Channel NewsAsia 

Government to help ‘small minority’ cope with transition to cashless public transport
Amid its push to make the public transport system cashless, the Government will focus its attention on the “small minority” who will need help with the transition, Senior Minister of State for Transport Lam Pin Min said in Parliament on Monday (Sep 11).
Channel NewsAsia (video)

Singapore top Asian investor in US after Japan, with US$73.6b of FDI
SINGAPORE’S direct investments in the US has turned out to be a classic case of the tortoise and the hare.
The Business Times 

Linked firms vying for same public contracts
BUSINESSES with directorship or ownership links to each other are submitting bids for the same government contracts.
The Business Times 

Q4 business sentiment dips but industry watchers remain upbeat
BUSINESS sentiment among local companies has eased for the fourth quarter of 2017, but still remains in positive territory, according to the latest Business Optimism Index study by the Singapore Commercial Credit Bureau (SCCB).
The Business Times

National Youth Council under fire for plagiarism of programme concept and its poor facilitation
Singapore’s National Youth Council (NYC) was accused of plagiarising Drama Box, a non-profit contemporary Chinese language theatre company, over the former’s programme titled ‘For Your Consideration’ held last Monday (4 September).
The Independent Singapore 

CIMIC Group wins $470M Singapore sewer project
CIMIC Group (ASX:CIM) has announced Leighton Asia has been awarded a Deep Tunnel Sewerage contract by PUB, Singapore’s national water agency.
Finance News Network

Local brands, design talent set for boost from new initiatives
Local brands and retailers are set to get increased exposure as Singapore plans to showcase its homegrown talent amid a challenging operating environment for the retail industry.
The New Paper 

Malaysia, Singapore police smash Internet love scam syndicate
Malaysian and Singaporean police have busted a cross-border Internet love scam syndicate.
The Star Online 

Rail workers deserve cheers, not jeers, says Khaw
Less than two months ago, he took a swipe at the mainstream media’s coverage of train delays linked to trials of the North-South Line’s (NSL) new signalling system. He was roundly criticised by commuters and the online community, who argued that the press was reporting the sentiments on the ground.
Today Online 

Worker’s death near Changi Airport site: Unsafe construction method used, no supervision given, coroner says
The use of an improvised construction method led to an accident at a worksite near Changi Airport’s new Terminal 4, killing a 43-year-old foreign worker in March this year. While working at an excavated pit, Salim Miah was hit and crushed by a metal plate weighing about 1,000kg when it dislodged.
Today Online

SGSecure app not compulsory for NSFs: Defence Minister
Defence Minister Ng Eng Hen said it is not compulsory for Ministry of Defence (Mindef) and Singapore Armed Forces (SAF) personnel to download the SGSecure application on their mobile phones and complete the e-learning modules in the app.
Today Online

Singapore: Cromwell to raise $1.6b to back its REIT listing on SGX
Australian real estate investment (REIT) manager Cromwell Property Group plans to raise an estimated A$2 billion ($1.61 billion) to back its REIT listing on the Singapore Exchange (SGX) Mainboard.
DealStreetAsia 

Singtel to offer only fibre networks to commercial buildings from April 2018
Singtel on Monday (Sep 11) said it will halt the deployment of copper to commercial buildings, and offer only fibre-based networks from next year.
Channel NewsAsia 

Petition for more inclusive housing policies
Mr Louis Ng (Nee Soon GRC) yesterday submitted a petition to Parliament that called for more inclusive housing policies that will cover unmarried and divorced parents as well.
The Straits Times (paywall)

 

Feature photo John Ragai
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.

 

 

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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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