Singapore Morning News For March 12

Singapore Morning News For March 12

Singapore morning newsSingapore joins APEC cross-border privacy rules for data controllers and processors
According to a press release from the Personal Data Protection Commission (PDPC) of Singapore, the country has become the sixth APEC (Asia-Pacific Economic Cooperation) economy to participate in the Cross-Border Privacy Rules System (CBPR) alongside USA, Mexico, Canada, Japan and the Republic of Korea. Singapore has also become the second APEC economy to participate in the Privacy Recognition for Processors (PRP) System alongside USA.
Open Gov Asia 

Singapore’s first regulated cryptocurrency exchange set to launch
Singapore-based investment group Relken Alliance (S) Pte Ltd has inked an exclusive license agreement with the Hong Kong Cryptocurency Exchange Ltd (HKCCEX) to be the exclusive licensee of HKCCEX’s cryptocurrency trading system.
Enterprise Innovation 

Meet the Singaporean businessman reaping the benefits of WA’s untapped water supply
A Singaporean businessman says Western Australia’s pastoral industry could add a billion dollars in value by tapping into Western Australia’s vast underground water reserves.

Smart Nation aspirations: Getting society to embrace technology
Does having a high smartphone penetration rate truly make Singapore a digitally connected society? Channel NewsAsia explores how Singapore is laying the foundations to pave its way as a Smart Nation.
Channel NewsAsia (video)

Changes to parking provisions will be shot in the arm for car-lite vision
SINGAPORE is making yet another stride in going car-lite, this time with proposed bill amendments that will give the Land Transport Authority (LTA) more flexibility in calibrating parking provisions in private developments.
The Business Times 

Singapore is winning the war on drugs. Here’s how
Singapore is one of the few countries that have kept drug abuse under control. We take a clearheaded approach. We invest significant efforts to prevent drug abuse.
The Washington Post

Soho raises US$1.3mil to expand Singapore HQ
SOHO, the property discovery and management app that is building an online property network, has raised S$$1.71 million (US$1.3 million) to accelerate product development and more than double the team at their Singapore headquarters.
Digital News Asia 

Popular Hong Kong ‘cha chaan tang’ Tsui Wah to open in Singapore
Popular Hong Kong casual eatery or ‘cha chaan tang’ Tsui Wah will be opening its first South-east Asian outlet here in Singapore.
Asia One 

Singapore Govt. thanks ICG for assistance in Maersk ship blaze
The Singapore Government, through its maritime and ports authority, on Saturday thanked the Indian Coast Guard (ICG) for its prompt action in extinguishing the fire and search and rescue (SAR) operations after a Maersk container ship caught fire on Tuesday.
Hellenic Shipping News

Trump praises Singapore’s ‘zero-tolerance’ policies on drugs at rally
President Donald Trump attempted to energise his Republican base ahead of a Pennsylvania special election, talking up the plan for tariffs on steel imports, criticising the media and Democrats, and praising the concept of the death penalty for drug dealers.
Today Online 

PDPC and Singapore Academy Law organising Singapore’s largest legal tech hackathon
Singapore Academy of Law (SAL) and the Personal Data Protection Commission (PDPC) have announced that applications are now open for Singapore’s largest legal tech hackathon – TechLaw.Fest Hackathon.
Open Gov Asia 

WP could have used GST allegation ‘to great effect for political attacks’ had Govt not challenged it: Chee Hong Tat
Had the Government not rebutted Workers’ Party (WP) chairman Sylvia Lim’s “test balloons” allegation over the impending Goods and Services Tax (GST) hike, the opposition party could have used the matter “to great effect for political attacks, including during the next General Election”, Senior Minister of State Chee Hong Tat said on Saturday (March 10).
Today Online 

Google Pay vs Apple Pay vs Alipay – What’s the difference for a Singaporean?
Head to China and you’ll realise that people there are totally comfortable making payments with their mobile phones. All they have to do is download mobile wallet app Alipay, and then beep their phones to make payments.
Asia One 

The most ambitious country in the world?
I’d only been in Singapore a few months when I had my first experience of kiasuism. It was a Saturday afternoon and after a couple of hours exploring the shopping area of Orchard Road in the dense, heavy heat, I headed to the MRT (train) station weighed down with a pushchair and two tired children ready to go home.

Bangladeshi PM in Singapore for four-day visit
Bangladeshi Prime Minister Sheikh Hasina begins her first official visit to Singapore on Sunday (March 11) – the first such visit here by the country’s head of government in over a decade.
The Straits Times (paywall)

Singapore, where the government owns most of the land and housing and a stake in most business is the American right’s “capitalist ideal”
The Heritage Foundation ranks Singapore as the world’s second-most “economically free” country; pro-capitalist economist Bryan Caplan says it approaches the “capitalist ideal.”
Boing Boing 

Singaporeans are the least optimistic about a pay rise in 2018
Recruitment and HR firms noted that they are the least confident when it comes to negotiating for a higher pay.
Singapore Business Review 

Commentary: Is a minimalist home the route to personal success?
For many homeowners, the Chinese New Year period is traditionally a time of year to carry out a spring clean, take the opportunity to chuck out unnecessary clutter, or think about a complete makeover of their homes.
Channel NewsAsia


Feature photo Jakub Michankow


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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