Singapore morning news for December 27

Singapore morning news for December 27

Singapore morning news

Money transfer sector heats up
The once-stodgy remittance market has burst into life as increasing numbers of companies – from start-ups to legacy banks – fight to get a slice of the booming market in international money transfers.
— The Straits Times

Singapore’s manufacturing output up 7.6% in November
Singapore’s manufacturing output increased 7.6 per cent year-on-year in November, the Singapore Economic Development Board (EDB) said on Wednesday (Dec 26), helped by a jump in pharmaceuticals output as well as strong expansion in the marine and offshore engineering cluster.
— Channel News Asia

Singapore capitalising on growing fintech remittance industry
New high-tech players with their low fees and virtually instant mobile transactions are shaping up as one of the most disruptive forces in the financial industry.
— The Straits Times

Singapore Works: Caring for 2 million trees no easy feat
Singapore is one of the world’s top cities for its urban greenery.
— The Straits Times

Overseas expansion key for healthcare sector in 2019 and beyond: analysts
WITH some exceptions, the healthcare sector was not spared the trade tensions and uncertainty that dogged equity markets throughout 2018.
— The Business Times

Gold hits 6-month high as stock turmoil spurs demand for haven
(BLOOMBERG) – Gold is rallying into the end of 2018 as turmoil in global equities, the partial US government shutdown and concerns about the outlook for next year stoke demand, lifting prices to the highest in six months.
— The Straits Times

SIT offers new degrees to meet demand for dietitians, air transport staff
Demand for dietitians in Singapore has grown significantly with the ageing population here increasing. Citing Ministry of Health figures, the Singapore Institute of Technology (SIT) said that between 2010 and 2015, the demand for dietitians in acute care increased 56 per cent.
— Straits Times

S’pore Turtle & Tortoise Museum will relocate to bigger space in Yishun Orto leisure park
The move is expected to take place in January.
— Mothership

Extended hours for trains and buses on New Year’s Eve
Party-goers out catching a countdown this New Year’s Eve will have the option of taking public transport home.SBS Transit will be extending their train services on the North East Line (NEL) and the Downtown Line (DTL) by at least two hours, the train and bus operator said on Wednesday …
— Channel News Asia

Leong Sze Hian counter-sues Prime Minister Lee Hsien Loong for launching defamation suit
In an unexpected move, Leong Sze Hian, financial consultant and veteran blogger had filed a countersuit against Prime Minister Lee Hsien Loong for the abuse of the process of the Court. Leong was earlier sued by PM Lee for defamation over a Facebook share he made with an article from TheCoverage.My. The article claimed that …
— The Online Citizen

Singapore Mint unveils Year of the Pig coins from Asia
Coin enthusiasts will be able to get their hands on commemorative coins for the Year of the Pig from three other places across Asia, after the Singapore Mint on Wednesday (Dec 26) unveiled the designs for coins from Bhutan, Macau and Cambodia.The Mint had earlier announced the issue of …
— Channel News Asia

Consumer banking trends to watch in 2019, according to this software analytics firm
2019 is set to be a year of significant progress for banks around the world, according to analytics software company FICO, formerly known as the Fair Isaac Corporation.
— The Edge

Singapore’s 4th telco TPG reveals mobile service trial in 2019
There were question marks over TPG Telecom’s plans here after it announced a US$11 billion merger with Vodafone Hutchinson Australia in August, which includes plans to spin off the Singapore operations.
— Channel News Asia

Turtle museum at Chinese Garden to relocate to Yishun in January
Museum owner Connie Tan had posted on Prime Minister Lee Hsien Loong’s Facebook page in March, appealing for help after the museum was asked to move from Chinese Garden.
— Straits Times

Why Do We Often Rely On Others For Investment Advice?
The lure of easy money and laziness are often to blame.
— Motley Fool sg

S’pore celebrity hairstylist accuses plastic surgery clinic of botching eye surgery
He says his eyes now look like unlucky eyes.
— Mothership

Voting for a party out of fear? Are Singaporeans indoctrinated with thoughts since young?
Reading this study conducted by Yale in relation to fear and its relationship with conservative views, it becomes clear to me why Singaporeans seem so unwilling to embrace change. Even if there are things that people are not happy about, it takes a lot for us to be willing to try something different. According to …
— The Online Citizen

Police alerts public about scams involving callers posing as employees from Apple and Google
The police alerted members of the public to be cautious of impersonation scams involving callers posing as employees from Apple and Google. According to the police, it had received at least eight reports related to the scams between 13 and 20 December with at least $15,700 cheated. The police said  in a press release on Saturday …
— The Online Citizen

 

Feature photo Asean

This week’s morning news photo features a defining moment, event, or situation from 2018 for each country as chosen by our editors.

 

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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