Singapore Morning News For April 13

New Naratif’s political activities appear to be funded by foreign entities and foreigners: ACRA
The website New Naratif “clearly has a political agenda”, and its political activities in Singapore “would appear to be funded by a number of foreigners”, said the Accounting and Corporate Regulatory Authority (ACRA) in a media release on Thursday (Apr 12).
— Channel NewsAsia

Singapore, Chongqing to set up electronic info-sharing platform
SINGAPORE is working with Chongqing to set up a single electronic window to connect the south-western Chinese city’s economy with Singapore through data and information sharing, said Chan Chun Sing, Minister in the Prime Minister’s Office, on Thursday.
— The Business Times

Singapore stakes claim on first organic standard for produce grown by urban and indoor farming
Singapore has launched its first organic standard, which officials believe is possibly the world’s first organic standard for produce grown in urban and indoor conditions.
— FoodNavigator-Asia

Singapore Favors ‘Organic’ Policy in Move Toward Open Banking
Singapore wants its lenders to share data with financial technology and other non-bank firms, but doesn’t plan to force the issue, according to a central bank official.
— Bloomberg

Boao and Beyond: Pay Attention to Singapore, Too
China’s Xi wasn’t the only leader to give an important speech at the Boao Forum.
— The Diplomat (paywall)

Malaysian who helped Chew Eng Han flee Singapore jailed for 6 months
The Malaysian man accused of helping former City Harvest Church leader Chew Eng Han flee Singapore in February was on Thursday (Apr 12) sentenced to six months in jail.
— Channel NewsAsia

Ikea offers Malaysian workers in Singapore extra day of leave to head home to vote
To help its Malaysian employees head home for Malaysia’s 14th general election on May 9, Swedish furniture giant Ikea said on Thursday (Apr 12) it would give them an extra day of paid leave.
— Today Online

The new skyscraper that’s coming up in Singapore’s financial district is called ‘CapitaSpring’ – and it’s already secured an anchor tenant
The upcoming 51-storey skyscraper at the heart of Singapore’s financial district not only has a name, it’s also secured its first anchor office tenant.
— Business Insider Singapore

Scientists develop new construction method to create stronger buildings
A new technique of mixing concrete could make buildings more durable and put wood waste to good use, said researchers from the National University of Singapore (NUS).
— Channel NewsAsia (video)

Singapore’s residential property Tulip Garden sold to Asia Radiant for $692m
Toronto-based commercial real estate services firm Colliers International on Thursday announced the sale of freehold residential property Tulip Garden to Singapore-based Asia Radiant Pte Ltd for S$906.9 million (about $692 million).
— DealStreetAsia

Singapore’s 4G leadership not just about who will be next PM, but about a capable team: PM Lee Hsien Loong
The issue of who will be Singapore’s next prime minister goes beyond finding the person most suited for the post. More important is having a capable team that can work well together, Prime Minister Lee Hsien Loong said on Thursday (April 12).
— The Straits Times (paywall)

Alibaba brings its one-day global course to Singapore for the first time
E-COMMERCE giant Alibaba brought its one-day Alibaba Global Course (AGC), a series of public lectures on e-commerce and related trends, to Singapore on Thursday.
— The Business Times

Hazy conditions may hit Singapore due to Johor hotspot for second straight day
Parts of Singapore may experience hazy conditions as a hotspot was detected in Johor for the second consecutive day, said the National Environment Agency (NEA) on Thursday (Apr 12).
— Channel NewsAsia

Chan Chun Sing: S’pore SMEs should explore Western China for opportunities
Singapore’s business community is expanding its reach in one of our biggest trading partners.
— Mothership

Singapore Prestige Brand Awards 2018 launched
THE Singapore Prestige Brand Award (SPBA) 2018 was officially launched on Thursday, now in its 17th year of honouring the best of local brands.
— The Business Times

British Airways launches ‘basic’ Singapore-London fare; one-way ticket from S$428
British Airways (BA) has launched a new “basic” fare for certain long-haul routes including London to Singapore, with one-way flights between the two destinations costing as little as 230 pounds (S$428).
— Channel NewsAsia

Low Thia Khiang suggests we should only discuss his plans and his new role in WP CEC at the next General Election
Speaking to reporters at his first Meet-the-People Session (MPS) at 713 Bedok Reservoir Road since stepping down as the Workers’ Party’s secretary-general, veteran opposition politician Low Thia Khiang declined to elaborate on his new role in the party’s Chief Executive Committee (CEC).
— The Independent Singapore

Here to buy bitcoin, Malaysian man is robbed of $365k instead
Mr Pang Joon Hau, believed to be in his 20s, had come to Singapore to purchase bitcoins and contacted a Singaporean broker.
— The New Paper

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.

Singapore Morning News For April 13 added by Leakhena Khat on April 13, 2018
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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.