Singapore morning news for August 13

Singapore morning news for August 13
Estimated Reading Time: 4 minutes |

Singapore morning newsCould an opposition coalition work here?
Dr Mahathir Mohamad’s opposition coalition, Pakatan Harapan, ousted the ruling Barisan Nasional coalition in the Malaysian general election in May.
— The New Paper

Tackling maritime threats in regional waters | Video
The Singapore Strait is one of the busiest passages in the world, with 2,000 ships passing through daily. As today’s maritime security challenges grow increasingly more complex, Afifah Ariffin looks at what is being done to protect the seas around the region.
— Channel NewsAsia

Unpaid student loans amounting to RM39 billion nearly same as 1MDB debt: Malaysian PM Mahathir
Malaysian Prime Minister Mahathir Mohamad said on Saturday (Aug 11) that the amount of unpaid student loans is almost as much as the total of beleaguered state fund 1Malaysia Development Bhd’s (1MDB) debts.
— The Straits Times

Car purchases boost retail sales by 2% in June
Singapore retail sales beat market expectations after growing at a faster pace at 2% YoY in June with car sales leading the positive momentum, according to data from the statistics department.
— Singapore Business Review

CityDev’s massive unsold landbank is key target for cooling measures
It faces heightened difficulty to sell its unsold stock.
— Singapore Business Review

PayNow Corporate set to gain steam among businesses supporting cashless drive
Customers picking up a burrito from popular food kiosk Stuff’d will soon be able to pay for it using PayNow on their smartphones.
— TodayOnline

S’pore, M’sia have more common interests than differences despite recent disagreements: Chan Chun Sing
Despite a recent spate of back-and-forth over the water agreement and a “game-changing” rail project, Singapore and Malaysia share more common interests than differences, and the Republic will work to ensure no single issue will dominate bilateral ties, Trade and Industry Minister Chan Chun Sing said on Saturday (Aug 11).
— TodayOnline

Daughter of one of Singapore’s founding fathers “deeply offended” by Goh Chok Tong’s remark regarding ministerial salaries
Emeritus Senior Minister (ESM) Goh Chok Tong’s statement at a public forum regarding ministerial pay has sparked an uproar amongst members of the public, with netizens taking to social media platform to express their shock and dissatisfaction against the former Prime Minister’s remarks.
— TOC

Singapore’s mythical Merlion beast makes yet another pop culture cameo — this time, in a We Bare Bears episode
More and more international creatives are taking to the fictional, half-lion half-fish statue that’s also the national mascot for the island city state of Singapore.
— BusinessInsider

Sales at department stores slump in June despite GSS; Car sales spike
Retail sales at department stores tumbled 7.3 per cent in June compared to the previous month, despite the Great Singapore Sale (GSS) campaign.
— TodayOnline

After yacht, Malaysia wants to bring home private jet said to be in Singapore and owned by Jho Low
The Malaysian government is looking to bring home a private jet said to belong to fugitive businessman Low Taek Jho, which was reported to be in Singapore, said Prime Minister Mahathir Mohamad.
— The Straits Times

Great Singapore Sale in need of makeover, say analysts | Video
With the rising popularity of online shopping, many believe brick-and-mortar retailers should look into different strategies, such as cross-marketing or “retail-tainment”, to stay relevant.
— Channel NewsAsia

The Singaporean grad who ditched his corporate dreams because of a glue-sniffer in Thailand
The plight of a 15-year-old Thai boy moved economics graduate Daryl Tay to volunteer in an impoverished village, as Prive Group executive chef Robin Ho finds out in On The Red Dot.
— Channel NewsAsia

Supply crunch to boost Grade A office rents by 10% in 2018
Rental costs for Singapore’s CBD Grade A offices are expected to maintain their positive momentum with rents expected to rise by 10% by the end of 2018 and another 10% by 2019 amidst a tight supply situation giving landlords the confidence to hike asking rents, according to real estate consultant Savills.
— Singapore Business Review

Dennis Rodman arrives in Singapore
Former NBA star Dennis Rodman arrives in Singapore ahead of planned summit between President Trump and Kim Jong Un.
— FoxNews

11 defective trains repaired and returned to Singapore
The Land Transport Authority (LTA) said 11 of 13 defective trains that have been shipped back to China are now repaired and returned to Singapore.
— Singapore Business Review

 

Feature photo Bernard Spragg. NZ

 

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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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Joanne Encantador

Journalism intern at AEC News Today
Joanne graduated with a Bachelors Degree in journalism from Polytechnic University of the Philippines, Santa Mesa, Manila, Philippines. She previously covered police rounds for Philippine Daily Inquirer as a trainee before becoming editorial staff at Gospel Komiks under the Communication Foundation for Asia (CFA-MG), Santa Mesa, Manila where she wrote lifestyle and trending fashion and styles articles.

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