Singapore morning news for December 10

Singapore morning news for December 10

Singapore morning newsIntrusions by Malaysian govt vessels a ‘violation of Singapore’s sovereignty’: Heng Swee Keat
In his first comments on the maritime dispute between Singapore and Malaysia, Finance Minister Heng Swee Keat said that intrusions by Malaysian vessels into Singapore territorial waters are a violation of Singapore’s sovereignty and international law.
— Channel News Asia

Noble’s Ignoble End Leaves a Stain on Singapore
The looming insolvency of the once-mighty commodities trader is a cautionary lesson to the city-state’s exchange not to drop its standards.
— Bloomberg

100% local bus a milestone for Singapore industry
Bus manufacturer SC Auto revved up the local automotive industry when it launched the first fully designed and built bus in Singapore yesterday.
— The Straits Times

Senior member of Mahathir’s party warns S’pore of ‘pain by a thousand cuts’ for its stance on maritime dispute
A supreme council member of Malaysian Prime Minister Mahathir Mohamad’s party, Parti Pribumi Bersatu Malaysia (PPBM), has said that Singapore will get “pain by a thousand cuts” for its position on the maritime dispute with Malaysia.
— Today Singapore

Singaporean netizens call for military action against Malaysia over maritime dispute
With all this talk about the current ongoing dispute between Singapore and Malaysia over port limits and territorial sovereignty, Transport Minister Khaw Boon Wan’s strong statement has lit a fire in a number of Singaporean’s who are calling for the Republic to take a stronger stand.
— The Online Citizen

RSAF conducts mobilisation exercise for five fighter squadrons
Fighter squadron servicemen, including pilots and ground crew, reported to their air bases on Sunday (Dec 9), as part of a regular mobilisation exercise held to validate the units’ operational readiness.
— Straits Times

Efforts to grow Singapore’s artificial intelligence ecosystem gather steam
Artificial intelligence (AI) is all around us, and AI Singapore’s flagship programme, 100 Experiments, now has 200 company projects in the pipeline. As more resources are channeled into growing the AI ecosystem
— Channel News Asia (video)

Is Singapore’s Public Transportation System Really That Efficient?
People always tend to grumble about their city’s public transportation system. This made us curious, how do transportation systems compare?
— Yahoo Finance

Jobs among Singaporeans’ main concerns, says Indranee
With trade tensions looming as the region grows, jobs are among Singaporeans’ main concerns, Second Minister for Finance Indranee Rajah said yesterday on the sidelines of a public dialogue to gather views ahead of Budget 2019.
— The Straits Times

No degree – but for this Singaporean entrepreneur, it doesn’t define success
For Lee Zhi Peng, deciding not to go to university was, contrary to what others may think, not a difficult decision to make.
— Channel News Asia

Restaurateur Japan Foods in regional tie-up with unit of Thailand’s Minor
Catalist-listed Japan Foods Holding has teamed up with fellow restaurant operator Minor to franchise and run their brands in Japan, Thailand and China, in a binding memorandum of understanding (MOU) that was signed and announced on Friday (Dec 7).
— The Straits Times

Hardy survivors of S-chip fallout worth a second look: analysts
The painful experiences ranging from accounting fraud to the lack of accountability with past Chinese companies listed on Singapore Exchange (SGX) continue to cast a pall over the entire S-chip community.
— The Business Times

The Big Read: Cryptocurrency crash offers industry the reality check it needs
A firm believer of XRP, Mr Ken Tan continued pumping money into the cryptocurrency over the course of this year — even after the prices of cryptocurrencies have fallen from its peak between last December and January this year.
— Today Singapore

Diesel-loaded tankers stranded in Asia as buyers retreat; rates jump
Several tankers carrying diesel fuel are floating off Taiwan and South-east Asian waters as a steep fall in oil prices kept buyers at bay, trade and shipping sources said on Friday, helping push rates to their highest since January 2016.
— The Business Times

Singapore venture capital firm eyes North Asia play
Venture capital firm Golden Equator Capital’s (GEC) move to launch a S$120 million fund with Korea Investment Partners (KIP) earlier this year comes on the back of push-pull factors – the need for South-east Asian startups to expand into North Asia, and the growing interest of
— The Business Times (paywall)

Brent cannot be trademarked, rules Singapore IP watchdog in US exchange operators’ tussle
Brent cannot be trademarked, rules Singapore’s intellectual property (IP) watchdog in a dispute between two major American operators of market exchanges over registered trademarks related to Brent, a global benchmark for oil prices.
— The Straits Times

Sheng Siong launches ‘recycling’ cash withdrawal machines at their supermarkets
Supermarket operator Sheng Siong has set up cash machines at its stores to help customers withdraw money from their bank accounts and to “recycle” its earnings.
— The Straits Times (paywall)

Say goodbye to promos, Grab’s top S’pore exec won’t engage in price war with Gojek
Commuters hoping for a return of Grab promotions as the ride-hailing giant takes on new entrant Gojek will be disappointed, as its top executive here said that the perks will not make a comeback.
— Today Singapore

Sick leave without MC: Companies say no abuse or spike in absentees as staff give thumbs up
When Bosch Singapore employee Amos Choy woke up with a painful back sprain following an “overzealous” game of basketball the night before, he knew would not be able to turn up for work.
— Channel News Asia

Hope that Govt will focus on issues that affect Singapore over issues that affect the party
With the accelerating tension between Malaysia and Singapore over disputed waters, I cannot help but think that unity between all of our elected representatives is all important.
— The Online Citizen

Vendors upset over poor turnout at event at Sentosa
Their hopes of making a killing at a festival in Sentosa were dashed when the promised turnout by the event organiser failed to materialise.
— The New Paper

Chinatown Complex to be closed for renovations next year
One of Singapore’s largest food centres, Chinatown Complex, will be closed for renovation for three months next year, from March 1 to May 31.
— The New Paper

Post-retirement investing: how much to put in and take out
There is a wealth of literature and products to help you save for retirement, but what happens when you are in retirement is something of a void.
— The Business Times

When the law isn’t so clear-cut: Legal Aid lawyers in S’pore share painful stories of less privileged
Soft truths to keep Singapore from stalling.
— Mothership

Where is the wealth if there doesn’t seem to be enough to spare for ensuring that cleaners etc get a fair wage?
According to news reports, former labour chief Lim Boon Heng  has said that low-wage workers are underpaid and Singaporeans should be prepared to pay more for things like hawker food and cleaning services, so as to help lift their incomes at a round table discussion on wages organised by ST on Friday.
— The Online Citizen

Three men charged for cheating victims in timeshare recovery scam between 2012 and 2013
Three men will be charged in court for cheating victims in timeshare recovery scam, which involved 20 persons paying a total of S$200,000 to the company to engage its services between 2012 and 2013.
— The Online Citizen

Otter family of 12 runs entire width of Standard Chartered S’pore Marathon 2018
Weekend warriors too.
— Mothership

Resorts World Genting created a mini, snowing, Santorini for Christmas this year
The festival is also a time for bright, glitzy, eye-catching displays to attract shoppers
— Mothership

3D-printed organs aid medical students
As a medical science student in India about 20 years ago, Assistant Professor Reddy Mogali studied the human anatomy by working on cadavers and organs donated for medical research and educational purposes.
— Straits Times

Hip cafe run by seniors has the recipe for active ageing
In a brightly lit space right next to Khatib MRT station, baristas togged out in striped aprons pull espresso shots and steam milk to create latte art.
— Straits Times

Of planes, ships and chendol
When CNN dubbed the Singapore version of chendol one of the top 50 desserts in the world this past week, Malaysians reacted with predictable outrage. And, the bitterness over the sweet dessert quickly proved to be an ill omen for bilateral relations between Malaysia and Singapore.
— The Edge

Singapore a stronghold for two threatened bird species
Times are tough for most of Asia’s feathered inhabitants, with many edging closer to being wiped out. But there is a bright spot amid the gloom.
— The Straits Times (paywall)

Singapore’s Bicentennial Calendar: Journeying back 700 years
2019 will be packed with activities designed to take Singaporeans on a reflective journey into the past and give them insights into the island’s rich 700-year history.
— The Straits Times

Singapore’s first dementia-friendly therapeutic garden opens in Bukit Batok
From mint to chilli – the plants in this garden have been specially selected for their ability to stimulate the senses and act as a signpost for those with dementia if they get confused.
— Channel News Asia (video)

Singapore’s A Land Imagined wins best film at 29th Singapore International Film Festival
Yeo Siew Hua’s Locarno-winning mystery thriller makes history yet again – this time at home – by being the first Singapore film to win in the feature film category.
— Channel News Asia

 

Feature photo Jentrified Citizen.

This week’s Singapore morning news feature photo acknowledges Human Rights Day, December 10.

 

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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With a decade of experience as an editor and journalist, Roy has edited mastheads across Australia and Southeast Asia, from the remote island communities of the Torres Strait to Cambodia’s only award-winning newspaper, The Phnom Penh Post.

A a professional photographer since the days of film, he holds a Bachelor of Arts in Photomedia and a Postgraduate Diploma in Journalism.

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