Singapore Morning News For April 12

Singapore Morning News For April 12

Singapore morning newsChildhood obesity: The Singapore fat camps where children are shamed for being overweight
In the fight against obesity, government-sponsored fat camps that shame young children into losing weight seem like an extreme approach to public health.
ABC

All-time low of corruption cases in 2017, but more private sector individuals prosecuted: CPIB

The number of corruption cases registered for investigation fell to a record low of 103 in 2017, according to annual statistics published by the Corrupt Practices Investigation Bureau (CPIB) on Wednesday (April 11).
Today Online

Hazy conditions over parts of Singapore on Wednesday as hotspot detected in Johor: NEA
Hazy conditions are expected over parts of Singapore on Wednesday (Apr 11) due to a hotspot detected in Johor, Malaysia, said the National Environment Agency (NEA).
Channel NewsAsia 

SPH net profit falls by hefty 25 per cent as advertising and circulation revenue declines
Singapore Press Holdings (SPH) announced yesterday that it suffered a 25 per cent decline in net profit for the second quarter of this fiscal year, as compared to the same period last year.
The Independent Singapore 

Singapore can help Shanghai companies expand as part of Belt and Road Initiative, says PM Lee
As China pushes for a more open economy, companies in Shanghai can use Singapore as a platform to support their outward expansion along the Belt and Road, said Prime Minister Lee Hsien Loong on Wednesday (Apr 11) during a meeting with Politburo Member and Shanghai Party Secretary Li Qiang.
Channel NewsAsia 

Singapore Airlines relies on Thales’s FlytCARE services for its medium-haul A350 aircraft
During Aircraft Interiors Expo, Thales and Singapore Airlines strengthen their partnership by announcing the selection of Thales FlytCARE services for the carrier’s medium-haul A350 XWB fleet.
AEC News Today/ PR Newswire (media release) 

Singapore taxi firm ComfortDelGro to acquire AZ Bus charter assets for $10.25m
Singapore’s largest taxi operator ComfortDelGro has announced that it will acquire the private bus chartering assets of AZ Bus Pte Ltd for $10.25 million as it seeks to consolidate its position in the industry.
DealStreetAsia

Philippine arrivals reach record highs in Singapore
For many Filipinos, Singapore has become a favorite get-away destination. With the Lion City just a skip and a hop away, Pinoys are very eager to enjoy its world-class attractions, delicious cuisine, colorful cultural enclaves and vibrant shopping destinations.
BusinessMirror 

Amazon’s bid for e-commerce supremacy in Singapore falls short
The retail giant is having trouble gaining market share with analysts pointing to its failure to offer a full click-and-mortar experience.
Singapore Business Review 

Ride-hailing frenzy makes Grab the world’s top VC recipient for Q1
SINGAPORE-BASED ride-hailing giant Grab has emerged as the world’s largest magnet of venture capital (VC) funds for the first quarter of this year, with US$2.5 billion raised in its series G funding, said KPMG’s Venture Pulse report on Wednesday.
The Business Times 

Is Singapore Sri Lanka’s door to East Asia?
In a bid to strengthen economic relations, Sri Lanka and Singapore signed a bilateral free trade agreement on 23 January 2018. In spite of the two islands’ decades of warm diplomatic relations, Singapore comprised only 1.1 per cent of Sri Lanka’s exports and 5.3 per cent of imports in 2016.
The Independent Singapore

63% of underemployed graduates in Singapore are women
A recent survey conducted by the Lee Kuan Yew School of Public Policy, in partnership with Ong Teng Cheong Labour Leadership Institute, revealed that a small group of graduates had fallen into involuntary underemployment, where despite working full-time, they earn less than $2,000 per month.
Human Right Resource Online

China’s Secret Gold Supplier Is Singapore
Since 2013, China continues to absorb physical gold from the rest of the world at a staggering pace.
Seeking Alpha 

Police officers in Singapore to get new uniforms
Frontline police officers will get new uniforms starting next Monday (Apr 16) to help them keep cool in Singapore’s hot and humid weather, the Singapore Police Force (SPF) announced on Wednesday.
Channel NewsAsia 

Singapore Cocktail Festival 2018 – A Congregation of International Stalwarts and Singapore’s Best Bars
Get your drink game on from 4 to 13 May 2018 as Singapore Cocktail Festival (#SGCF2018) returns with a spirited 10-day calendar for attendees to “Taste, Learn and Play”.
AEC News Today/ PR Newswire (media release)

ACRA rejects bid by historian Thum and activist Kirsten Han to set up company that would be “contrary to national interests”
The Accounting and Corporate Regulatory Authority (ACRA) revealed in a press statement today that it has rejected an application by historian Thum Ping Tjin and activist Kirsten Han to set up a private company, as the body believes the company would be “contrary to Singapore’s national interests”.
The Independent Singapore 

Temasek explores buying stakes in HNA units Gategroup, Swissport
Temasek Holdings Pte is studying potential investments in Swissport Group and Gategroup Holding AG, both owned by HNA Group Co., as it considers deals with the indebted Chinese conglomerate, people with knowledge of the matter said.
DealStreetAsia 

 

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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