Singapore Morning News For April 10

Singapore Morning News For April 10

Singapore morning newsCompetition watchdog to conduct studies to launch protection role
SINGAPORE’S competition watchdog launched its new consumer protection role on Monday with the announcement of two market studies – on online travel booking and the transfer of personal data.
The Business Times (paywall)

Singapore Uncertainty Index Climbs as Trade War Clouds Outlook
Rising U.S.-China trade tensions are raising alarm bells in export-reliant Singapore, with an index measuring economic uncertainty climbing to a five-month high in March.

Fake news video pokes fun at fake news to make a point about fake news in S’pore
An 85-second fake news video that pokes fun at fake news in Singapore has appeared on YouTube on April 9, 2018, in the aftermath of the recent Select Committee on Deliberate Online Falsehoods hearings.

What’s Next for the Malaysia-Singapore Pedra Branca Dispute?
Last week, the International Court of Justice (ICJ) announced that it would hold public hearings in June related to Malaysia’s new challenge of its previous ruling on a decades-long island dispute with Singapore over Pedra Branca/Pulau Batu Puteh.
The Diplomat (paywall)

Singapore’s Temasek buys stake in Salt Bae restaurant owner at $1.2b valuation
Singapore’s Temasek and Britain’s Metric Capital have bought into Nusr-Et steakhouse owner D.ream in a deal valuing the Turkish firm at $1.2 billion.

First space, next haze? HPE’s Goh Eng Lim reimagines Singapore’s possibilities
It has been a hectic couple of weeks for Dr Goh Eng Lim, who made waves last August as the man behind the most powerful supercomputer sent into space.
Channel NewsAsia 

Sustainability reporting: listed firms report mixed experiences
SINGAPORE-LISTED companies have started to file sustainability reports under the new comply-or-explain guidelines – but for some, it’s been a steep learning curve as they grapple with unfamiliarity and issues like costs and staff buy-in.
The Business Times (paywall)

SDP member loses lawsuit over Government decision not to call Marsiling-Yew Tee by-election
Singapore Democratic Party (SDP) member Wong Souk Yee has lost her lawsuit against the Government over its decision not to call a by-election in Marsiling-Yew Tee Group Representation Constituency (GRC).
Channel NewsAsia 

Keppel O&M to build Singapore’s first dual-fuel bunker tanker
Keppel Offshore & Marine (Keppel O&M) bagged a contract with Mitsui & Co Asia Pacific (Mitsui AP) to build Singapore’s first dual-fuel bunker tanker, to be owned and operated by Sinanju Tankers Holdings Pte Ltd (Sinanju).
Singapore Business Review 

Asia’s largest cruise ship to return for six months
Royal Caribbean International’s Quantum of the Seas – Asia’s largest cruise ship, carrying up to 4,905 guests – will be back in Singapore for six months from November next year to April 2020.
The New Paper 

Tax harmonisation in Asean: S’pore should take the lead
ESTABLISHING the Asean Economic Community (AEC) after years in the making was a significant milestone for the regional economic integration agenda.
The Business Times (paywall)

Hnn-Hui Hii Joins Heidrick & Struggles as Partner in the Industrial Practice
Heidrick & Struggles (NASDAQ: HSII), a premier provider of executive search, leadership assessment and development, organization and team effectiveness, and culture shaping services globally, announced that Hnn-Hui Hii has joined Heidrick & Struggles as Partner in the firm’s Industrial Practice, based in Singapore.
AEC News Today/ PR Newswire (media release)

Singapore Looks To Foster Blockchain Throughout Southeast Asia
The Singapore government wants to take an active role in promoting Blockchain in Southeast Asia, according to new remarks on Friday, April 6.

Microsoft Powers Cloud in Singapore Following China’s 53GW Solar Flare
A major move by global tech giant Microsoft Corp to power its Asian operations with solar-generated electricity marked a watershed moment for the worldwide uptake of renewable energy, with solar currently the clear leader in the field.
Solar Magazine 

Undergraduate fined $4,000 for impersonating Senior Minister of State Koh Poh Koon on Twitter
A computer security undergraduate impersonated a senior minister of state on Twitter and tried to dupe the public into believing the latter endorsed some educational online courses he was promoting.
The Straits Times (paywall)

Exclusive: Startup generator Antler to raise $15-20m SEA-focused fund
Antler, a self-described startup generator that recently closed a $3-million seed round, is on the road to raise a $15-20 million Southeast Asia-focused fund, its CEO said.

Use augmented reality to explore history at Singapore bicentennial events in 2019
Technology will help bring 700 years of history to life when Singapore commemorates the 200th anniversary of Sir Stamford Raffles’ landing on the island.
Channel NewsAsia (video)

New Chief Executive appointed for GovTech Singapore
Singapore’s Smart Nation and Digital Government Group (SNDGG) has appointed a new Chief Executive (CE) has been for the Government Technology Agency of Singapore (GovTech). Mr Kok Ping Soon, Deputy Secretary (Development) in the Ministry of Manpower (MOM) will assume the position from 1 May 2018.
Open Gov Asia 


Feature photo Jirka Matousek


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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