Singapore Morning News Roundup February 23

Welcome to the Singapore morning news roundup by AEC News Today, your one stop for Singapore news on matters of governance and policies affecting Asean business communities.

Singapore Factory Output Contracts

Singapore’s industrial production in January is expected to have shrunk after a run of strong monthly rises, a Reuters poll showed, though analysts see the electronics sector extending its recent bounce.
— Financial Tribune

Singapore readies new leveraged and inverse ETFs to catch rivals
Preparations are underway in Singapore for the first new listing of leveraged and inverse exchange-traded funds in almost eight years.
— The Straits Times

Singapore a ‘great location’ for LNG trading
Singapore is an “obvious location” in Asia to trade financial products related to the liquefied natural gas (LNG) market, according to a top executive at energy giant Shell.
— The Straits Times

Two new tech headquarters open in Singapore
TWO new tech headquarters were inaugurated here on Wednesday, in a move said to significantly bolster Singapore’s name as a launchpad for global innovation.
— The Business Times

Strategies for Singapore’s economic future
In Singapore, the Committee on the Future Economy (CFE) Report has been released. It recommends strategies to respond to external challenges such as subdued global growth, rapid technological change, political uncertainty and rising anti-globalisation. Despite these disruptive developments, the CFE argues Singapore can capitalise on its strengths and seize opportunities in Asia.
— East Asia Forum

The strange route Benjamin Netanyahu took to get from Singapore to Sydney
For many people flying from Singapore to Sydney, the flight can take as little as seven hours or so. But not if you are Benjamin Netanyahu. In the Israeli prime minister’s case, it can take more than 11 hours.
— The Washington Post

Singapore Reveals New IP Regime in 2017 Budget
Singapore has announced a new intellectual property regime to encourage companies based in the country to exploit the income derived from their research and development activities.
— Bloomberg

Singapore property demand remains ‘very resilient’
Singapore’s property demand remains “very resilient,” supported by factors including low interest rates and a stable economy, National Development Minister Lawrence Wong said.
— The Star Online

SIA among 5 airlines told to compensate passengers for delays
Singapore Airlines (SIA) is among five international airlines that fly into Europe that have been told to pay passengers for delays they may have experienced.
— Channel NewsAsia

Singapore grads enjoy higher pay amidst slowing economy
A survey by Nanyang Technological University (NTU), National University of Singapore (NUS) and Singapore Management University (SMU) revealed that students who graduated from Singapore universities last year are earning a higher starting salary but found it hard to secure a full-time permanent job.
— Singapore Business Review

Feature photo: kolehkoleh

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

Singapore Morning News Roundup For February 23 added by Leakhena Khat on February 23, 2017
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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.