Singapore Morning News For March 19

Singapore Morning News For March 19
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Quick fix? Struggling Singapore retailers turn to vending machines
With sales stagnating and high rent and manpower costs eating away at his profits, Azan Tengku, the director of Singaporean gift company Kalms, decided to close down his stores and move all his products into vending machines.
Reuters 

Singapore already caught in information warfare, experts say
Singapore was the target of a foreign country’s information warfare campaign recently, two academics revealed on Friday (March 16) while giving evidence to the Select Committee on Deliberate Online Falsehoods. Yet, even with this and cyber attacks against “sensitive (government) ministries” happening, Singapore is still not fully prepared for such attacks, the two researchers said.
Today Online

PM and Singapore’s Lee speak out on trade wars at ASEAN
In what appeared to be a new rebuke to Donald Trump’s trade wars, Prime Minister Malcolm Turnbull and his Singaporean counterpart Lee Hsien Loong have taken a strong stance against protectionism at the end of an APEC-Australia special summit marked by growing regional tensions over human rights abuses in the region.
The Sydney Morning Herald 

StarHub to sell electricity, joins forces with solar energy firm Sunseap
Local telco StarHub on Monday (Mar 19) announced its intention to go beyond its traditional business of offering mobile, pay TV and broadband services to venture into the electricity sector.
Channel NewsAsia 

Singapore’s national AI programme enters into three new partnerships
During this past week, AI Singapore signed three Memorandum of Understanding (MOUs), reiterating AI Singapore’s commitment to pursue research, develop skills and talent, as well as embrace new technologies in AI-related areas. The three MOUs were signed with the National Trades Union Congress (NTUC), Intel Corporation and PwC Singapore.
Open Gov Asia

10,000 homes to have smart shower devices by end-2019: PUB
Following the installation of smart shower devices at 300 new homes in Bukit Batok, a total of 10,000 of such devices – which provides real-time information on water usage – will be installed progressively by national water agency PUB in some Build-to-Order (BTO) projects by the end of next year.
— Today Online 

We went through the list of Singapore billionaires and found some interesting trends
Forbes released its 2018 list of billionaires last week, and while there haven’t been major shifts from the list that we compiled last year, the entrance of Razer founder and CEO Min-Liang Tan into the club was something that caught the attention of many.
Asia One 

Hong Kong ‘should learn from Singapore’ on childcare, minister says
Secretary for Labour and Welfare Dr Law Chi-kwong said making the services more accessible was a matter of gender equality, and an area in which Hong Kong could learn from Singapore.
South China Morning Post

Is he the 4G leader with the killer instinct?
Of the three men reportedly in the running to be the next PM, Ong Ye Kung is the one least talked about and widely seen as least favourite.
— The Independent Singapore 
 

Ageing population gives rise to concern for elderly caregivers
Children with disabilities are usually cared for by their own parents. But who will take over caregiving duties when the parents pass on?
Channel NewsAsia (video)

Singapore industry needs stronger codes of conduct as consumer data gains value
With businesses capturing more data about their customers, Singapore needs to reassess its guidelines and codes of conduct for the industry to ensure personal information is used responsibly and securely.
ZDNet 

Singapore Presents More Than 400 Hours of Compelling Content for Global Audiences at Hong Kong Filmart 2018
This year, Singapore’s Infocomm Media Development Authority (IMDA) will lead a delegation of 23 Singapore media companies to Hong Kong Filmart 2018, presenting over 400 hours of compelling stories from Asia across 54 titles. The Singapore companies at the market range from film and TV producers such as Clover Films, Sitting in Pictures and WaWa Pictures, to distributors like Ying Group and Bomanbridge Media.
Asia One 

Singapore needs to push its startups beyond seed funding
Despite seed and series A capital abundance, there’s not much series B and C funding enabling startups to scale up.
Singapore Business Review 

Uber banks on successful Singapore game plan to win over combative Hong Kong cabbies as partners
Uber is banking on its new UberFlash service – that matches users with either taxis or private cars – to win over disgruntled Hong Kong taxi drivers, as it continues an uphill battle to make headway in a market where ride-sharing is illegal.
South China Morning Post

Select committee beating old drum
After three days of hearing by the Select Committee on Deliberate Online Falsehoods, are we already convinced that we need to act? The answer is 50/50.
The Independent Singapore

Singapore leaders congratulate Xi Jinping, Li Keqiang on reappointments
President Halimah Yacob and Prime Minister Lee Hsien Loong wrote to Chinese leaders President Xi Jinping and Premier Li Keqiang on Sunday (Mar 18) to congratulate them on being reappointed in their respective roles.
Channel NewsAsia 

 

Feature photo Carolien Coenen
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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