Singapore Morning News For April 11

Singapore Morning News For April 11

Singapore morning newsSingapore top in Asia Pacific in attracting and developing talent
Singapore has held its number two spot on the Global Talent Competitiveness Index for the second year in a row, losing out to Switzerland. However, it remains the leader in the Asia Pacific region, beating countries like New Zealand and Australia.
Channel NewsAsia (video)

Trade Risks Aside, Singapore Central Bank Is Ready to Tighten
A majority of economists surveyed by Bloomberg predict policy makers will look past the latest trade skirmishes between the world’s two largest economies and assess the city state’s growth outlook as solid and inflation healthy.
Bloomberg

Asia’s first floating rubbish bin placed at Republic of Singapore Yacht Club
A floating rubbish bin that can collect the ocean’s trash is now bobbing in the waters of Singapore.
The Straits Times (paywall)

‘Timely meeting’ to bring Singapore, China partnership forward: PM Lee
With China’s new leadership team in place, it is “timely” for Beijing and Singapore to bring their partnership forward, said Singapore Prime Minister Lee Hsien Loong on Tuesday (Apr 10) during a meeting with Chinese President Xi Jinping on the sidelines of the Boao Forum in Hainan province.
Channel NewsAsia 

SGInnovate invests in MedTech startup using AI and robotics for more precise surgical procedures
SGInnovate [1] announced today that it has completed an investment in a Singapore-based startup called NDR Medical Technology(NDR), which combines Artificial Intelligence (AI), robotics and computer vision for surgical procedures.
Open Gov Asia 

New Brunei Army Commander Makes Singapore Visit
The trip provided both sides with an opportunity to reinforce bilateral defense ties.
The Diplomat (paywall)

Singapore launches virtual sandbox for new generation cloud solutions
As announced on 10 April, Singtel signed a memorandum of understanding (MoU) with enterprise software innovator VMware to jointly provide solutions to accelerate the digital transformation of enterprises across the Asia Pacific region.
Open Gov Asia

Why Singapore is more attractive to overseas doctors than Hong Kong
Yet, like me, many overseas doctors do not believe returning to the city is a viable career move. To understand this reluctance, one must consider the two main pathways to gain a medical licence in Hong Kong and the opportunity costs associated with each
South China Morning Post

Singaporean doctor faces deportation after 10 years in Britain over visa oversight
A Singaporean doctor who has been in Britain for almost 10 years may be forced to leave after applying for a visa renewal three weeks late.
The Straits Times (paywall)

Quantum of the Seas Is Headed to Singapore
Royal Caribbean’s Quantum of the Seas will undergo a revamp before heading to Singapore for a six-month homeporting season in 2019 and 2020, marking the longest-ever Singapore deployment for a Quantum-class ship.
Travel Agent Central 

Ofo to launch trial in Singapore for users to ride and mine cryptocurrency
Users can mine Global Sharing Economy (GSE) tokens, issued by GSELab, when they ride Ofo’s bicycles. For now, GSE tokens cannot be traded or mined by other means. The supply is limited to 10 billion and GSE isn’t listed on any cryptocurrency exchange, according to Etherscan, an analysis website.
South China Morning Post 

New collaboration in Singapore to develop framework for safe and secure data exchange
Singapore’s Info-communications Media Development Authority (IMDA), PricewaterhouseCoopers (PwC) Singapore and Singapore-based startup, DEX have entered into a collaboration to co-develop a Trusted Data Framework for safe, transparent, auditable and secure data exchange, that is compliant to regulations and scalable. (According to Channel NewsAsia, this model will not be the only project supported by IMDA.)
Open Gov Asia

Underemployed graduates most commonly found in health and social services, financial sector: Survey
The health and social services sectors had the highest share of underemployed graduates, followed by financial services, transport and education, based on a survey on underemployment in the Republic.
Today Online 

136 suspects, including two men, arrested in anti-vice raids across Singapore
Whenever she was at home, she would notice men entering the next-door flat at hourly intervals or hear keys unlocking the door.
The Straits Times (paywall)

Singapore falls to 18th place in the world’s busiest airports
The 6% growth of its passenger traffic lagged Guangzhou’s 10.3% and Delhi’s 14.1%.
Singapore airports fell from 17th to 18th place in the rankings for the busiest airports in the world, the Airports Council International (ACI) revealed.
Singapore Business Review

Singapore activates three new Automatic Exchange of Financial Account Information relationships
AEOI deals with the challenge of taxpayers operating cross-border but tax administrations remaining confined to their national borders, by providing an open international architecture.
Open Gov Asia 

Singapore Offers Cash Incentives To De-Register 15 Year Old Motorcycles
Motorcycle riders in Singapore will be offered cash incentives if they de-register bikes that are more than 15 years old, in an attempt to reduce emissions and environmental pollution.
carandbike 

KBR Moving Up the Value Chain with Support from Singapore Economic Development Board (EDB)
KBR, Inc. (NYSE: KBR) announced today it will continue to grow its business in Singapore.
AEC News Today/ PR Newswire (media release) 

Singapore takes key step in establishing LNG bunkering regime
Mitsui & Co and Sinanju Tankers Holdings have ordered what will be Singapore’s first dual-fuel oil bunker tanker at the Keppel Singmarine yard in China. The newbuilding will also be Sinanju’s first dual-fuel vessel and the contract comes with an option for a second vessel.
LNG World Shipping 

Personal Data Protection Commission issues advisory guidelines on in-vehicle recording
PDPC, in consultation of the LTA, has published a set of advisory guidelines on the use of in-vehicle recording devices for transport services for hire.
Open Gov Asia

Help our ‘graduate poor’ break out of the underemployment trap
A recent survey conducted by the National University of Singapore’s Lee Kuan Yew School of Public Policy, in partnership with Ong Teng Cheong Labour Leadership Institute and presented to the Labour Research Conference in 2017, revealed worrying statistics of seriously underemployed Singaporean graduates.
Channel NewsAsia (video)

Denyo Unveils the Denyo Museum in Celebration of 70 Years of Technological Excellence
Denyo, Asia’s leading brand in portable power generator technology with deployment of its equipment in over 130 countries worldwide, has unveiled the Denyo Museum, an exhibition and showcase of Denyo’s technological achievements and business advancements over the past 70 years, as it celebrates the 70th anniversary of its founding in July this year.
AEC News Today/ PR Newswire (media release) 

More than 130 academics sign open letter in support of historian Thum Ping Tjin, academic freedom
More than 130 academics from around the world have put their names to an open letter in support of academic freedom and historian Thum Ping Tjin as of Tuesday (April 10), four days after the document was put up.
Today Online 

Australia approves development of leading innovation precinct co-invested by Singapore’s GIC
The University of Melbourne announced that the Department of Environment, Land, Water and Planning (DELWP) has approved the planning of Australia’s leading innovation precinct.
Open Gov Asia

SDP considers appealing High Court decision to dismiss legal challenge calling for by-election in Marsiling-Yew Tee GRC
The High Court dismissed a legal challenge that called for a by-election to be held in Marsiling-Yew Tee GRC, yesterday. The application was filed by Dr. Wong Souk Yee – a resident of Marsiling-Yew Tee who serves as the Singapore Democratic Party (SDP)’s assistant treasurer.
The Independent Singapore 

First NEM-based point-of-sale terminal reveals Pundi X will ship 20,000 NEM-based XPOS devices
Pundi X, a blockchain-based point-of-sale (“POS”) solutions provider to enable the physical retail store to conduct multi-cryptocurrency transactions, today unveiled a new branch of XPOS smart point-of-sale terminal running solely on the NEM blockchain.
AEC News Today/ PR Newswire (media release) 

 

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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