Singapore morning news for September 24

Singapore morning news for September 24

Singapore morning newsSingapore Air takes delivery of jet for world’s longest flight
Singapore Airlines took delivery of the Airbus SE A350-900 ultra long range aircraft to start a non-stop service to New York, a journey of about 19 hours that will become the world’s longest.
The Edge Singapore

PM Lee Hsien Loong warns against online scam using his name to solicit bitcoin investments
Prime Minister Lee Hsien Loong has warned the public not to be cheated by a website using his name to solicit bitcoin investments.
Asia One

Singapore May Become First Country to Fully Embrace Cryptocurrencies
Singapore took a step closer towards cryptocurrencies as the national financial regulators discussed their openness towards the emerging industry during the Singapore Consensus.
Bitcoinist

Open Electricity Market rolls out nationwide from November 2018
The Open Electricity Market (OEM) will be extended to all consumers across Singapore by zones starting from 1 November 2018.
The Online Citizen

Singapore’s 4.0 challenge
While Industry 4.0, also known as the Fourth Industrial Revolution, presents a great many challenges to less developed frontier economies like Cambodia and Lao PDR, more developed countries in the region have not been spared as well. Singapore, for example, is facing a challenge precisely because of its fast-paced development.
The ASEAN Post

Singapore’s Next Leader to Be Chosen in ‘Not-Too-Distant Future’
Singapore’s well-publicized succession plan has been in place for several years and a decision on the next prime minister isn’t too far away, according to Singapore Education Minister Ong Ye Kung, one of several men seen as a leading candidate for the job.
Bloomberg via MSN

Woman who pushed maid’s head against toilet wall gets jail and compensation order
A 45-year-old woman who pushed her Indonesian maid so hard that it left blood on the toilet wall was on Friday (Sep 21) sentenced to 13 months’ jail.
Channel NewsAsia

China’s fintech giant turns to Singapore
A Ping An Group offshoot has launched an online platform aimed squarely at attracting wealthy Singaporean clients, as China’s largest companies continue to make headway into Southeast Asian and other international markets using cutting-edge technology.
Tech in Asia

A quiet revolution is changing how the Singapore government builds apps
Chan Cheow Hoe, Singapore’s government chief information officer, is a geek at heart, dabbling in programming languages like Python and R in his free time.
Tech in Asia

Singapore Phishing Websites Using Fake News to Get Users’ Bank and Credit Card Details
Phishing websites have been using fake news involving the Deputy Prime Minister of Singapore as means of aquiring users’ credit card and bank account information.
Bitcoinist

Afton Chemical’s S$380 Million Phase II Expansion of Its Jurong Island Plant is Now Complete
Afton Chemical Corporation, a global leader in the lubricant and fuel additive market, today announced the completion of the Phase II expansion of its Chemical Additive Manufacturing Facility in Jurong Island, Singapore.
Business Wire via Dothan Eagle

NUS Computing Forms Academic Blockchain Think Tank
The National University of Singapore (NUS) School of Computing today announced the creation of the CRYSTAL (Cryptocurrency Strategy, Techniques, and Algorithms) Centre, an academic research laboratory and think tank aiming to lead as one of the world’s foremost centres for research on blockchains.
MarketWatch

Singapore Airlines bans lion bones in cargo
Singapore Airlines said Friday it has stopped accepting lion bones for cargo after the carrier was singled out in a report for transporting the animal parts from South Africa.
Agence France-Presse via Coconuts

Google’s sister company is helping Singapore crack down on mosquitoes with AI and algorithms
Search engine giant Google has a sister company called Verily, a life sciences and healthcare firm that recently teamed up with the National Environment Agency (NEA) to help combat the spread of mosquito-borne diseases in Singapore.
Coconuts

Parl Sec highlights importance of energy security while Temasek sells power assets to foreign entities
Speaking at the Energy Market Authority (EMA)’s Energy Innovation event yesterday (20 Sep), Senior Parliamentary Secretary for Trade and Industry and Foreign Affairs Dr Tan Wu Meng said that the blackout in Singapore this week has brought home the importance of energy security.
The Online Citizen

SingHealth cyberattack: Database administrator did not immediately recognise ‘serious security incident’
A database administrator with more than 20 years’ experience did not immediately recognise that the multiple failed attempts to log-in to the SingHealth database she had encountered on 4 July amounted to a “serious security incident”, a Committee of Inquiry (COI) investigating the worst ever cyberattack in Singapore was told on Friday (21 September).
Yahoo News

A sneak peek inside Singapore’s The Capitol Kempinski Hotel (photo essay)
After years of speculation and meticulous restoration, the site of the former Capitol Building and Stamford House will be officially unveiled as The Capitol Kempinski Hotel, with guests booking in on 1st October, 2018.
Asia One

Singapore is the crypto sandbox that Asia needs
Singapore Blockchain Week happened this past week. While there have been a few announcements from companies, some of the most interesting updates have come from regulators, and specifically, the Monetary Authority of Singapore (MAS).
TechCrunch

5 Reasons Why The World’s Tech Firms Are Moving To Singapore
The city-state of Singapore has emerged as a world-class technology hub in Asia and has become a favored destination for firms looking to springboard into the region’s growing markets.
Forbes

S’poreans ‘naive’ about fake news threat; Beijing’s influence operations threaten social compact: Bilahari Kausikan
Many Singaporeans are “naive” about the threat posed by fake news, despite it being a fundamental national security issue, said veteran diplomat Bilahari Kausikan.
Today

Construction companies to pay $75 for each new foreign worker to help them settle in
Construction companies that employ foreign workers who are new to Singapore must now pay an additional $75 per head, for them to participate in a one-day orientation training and to integrate into the local working environment.
Straits Times

Escalating trade tensions could hurt Singapore’s exports
The rising domestic demand could bring in some relief. Symptoms of an exports slowdown have started showing as the semiconductor supercycle has been further winding down whilst Chinese import demand eased up.
Singapore Business Review

Cloud provider Pareteum expands into Asia with Singapore launch
Cloud service provider Pareteum has expanded into the region with the opening of a Singapore office at Hong Lim Complex, alongside the appointment of Manjot Mann as CEO of Asia.
Channel Asia Singapore

Stars in the spotlight
On its 10th anniversary, past winners of the President’s Science and Technology Awards talk about their inspirations and how Singapore’s investment in research and development has borne fruit.
Straits Times

A Green Loan Is Behind This Plush Singapore Tower in a Park
Asian property developers are delving deeper into green loans, as shown by a recent deal tied to a premium office tower in a Singapore park.
Bloomberg

Can Singapore cement its data center dominance before Asian upstarts steal crown?
With over 2.5 billion gigabytes of data generated every day, Singapore is making another case for punching above its weight as it zeroes in to capture the explosive opportunity from data centers brought about by the world’s growing connectivity.
Singapore Business Review

SGX calls for feedback on new securities trading proposal
Singapore Exchange (SGX) is open for public feedback regarding the proposed introduction of a new trading session for the securities market which will take place after the closing auction routine ends, an announcement revealed.
Singapore Business Review

Special contact lenses among methods to slow the march of myopia
Given his love for reading and playing with mobile phone games, Mdm June Tok was not surprised when her 12-year-old son Darius developed myopia.
Today

Singapore`s Investment in Indonesia Up 38 Percent
Singapore`s new investment in Indonesia reached US$5.04 billion or rose 38 percent in the first half of the year compared with the same period last year.
Tempo

 

Feature photo: Rhododendrites

This week’s Singapore morning news feature photo acknowledges World Maritime Day September 27.

 

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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