Singapore morning news for November 13

Singapore morning news for November 13

Singapore morning newsDr M: We have told Singapore we want a review of water agreement
Malaysia has officially informed Singapore that it is asking for a review of the price of raw water sold to the republic.
— The Nation

Russian cybersecurity firm Group IB to open global HQ in Singapore: CEO
Russian cybersecurity company Group IB is to open a global headquarters in Singapore this year or in early next as part of international expansion plans, Chief Executive Ilya Sachkov said.
— Reuters

Video analytics and biometrics screening technology to be expanded to more checkpoints: ICA
More checkpoints here will soon be able to use video analytics and screening technology to respectively identify suspicious objects and individuals and verify travellers’ identities through their fingerprints, faces or eyes for immigration purposes.
— Straits Times

Investors’ outlook remain bleak as dropping yields hit property sector
Total returns may decline by as much as 4% per annum if capital appreciation trends between 1-2% downwards.
— Singapore Business Review

Starhub’s Q3 profits fell 12.8% to $57m
It blamed higher operating costs in equipment and traffic expenses from roaming.
— Singapore Business Review

PM Lee, Dr Mahathir reaffirm strong ties between Singapore and Malaysia
Prime Minister Lee Hsien Loong and his Malaysian counterpart Tun Dr Mahathir Mohamad on Monday (Nov 12), looking deep into the past, spoke of the strong ties between their two countries, at a lunch to welcome the Malaysian leader on his first official visit in his current stint as PM, to Singapore.
— Straits Times

Singapore takes the lead in embracing green energy across ASEAN: report
Singapore is setting an example across ASEAN as it takes the lead in embracing green energy following its moves to transform itself into a trading hub for LNGs, according to Capgemini’s 2018 World Energy Markets Observatory report.
— Singapore Business Review

Singapore and China sign upgraded FTA as Premier Li Keqiang kicks off official visit
Singapore businesses will get greater access to the Chinese market and stronger protection for their investments under an upgraded free trade agreement (FTA) inked with China on Monday (Nov 12).
— Straits Times

China calls for open world economy but work remains on landmark trade pact
China will further open its economy in the face of rising protectionism, Premier Li Keqiang said as he arrived in Singapore on Monday for meetings with Asia-Pacific leaders that will focus on speeding up work on a major new trade pact.
— Reuters

Various world leaders are in S’pore this week for the Asean & East Asia Summit. Here’s what they are doing.
Singapore is hosting the 33rd Asean Summit at the Suntec Singapore Convention Centre from November 11 to 1
— Mothership

Three major tie-ups in digital finance and payment services
Partnerships and collaborations were coming thick and fast on the first day of the Singapore FinTech Festival yesterday.
— Straits Times

Credit cards still most preferred payment mode in S’pore: Report
They appear to be all the rage in the financial world, but mobile or e-wallets have yet to change payment habits among consumers despite Singapore’s tech-savvy culture, according to a report out yesterday.
— Straits Times

Collective cooperation needed against cyber threats, says US expert
Cyber criminals can find vulnerabilities and breach any organisation’s IT system, given enough time, and current protection measures are insufficient.
— Straits Times

Driverless shuttle on trial at NUS from next March
From March next year, a self-driving shuttle bus will be making its way around the campus of the National University Singapore (NUS).
— Straits Times

Enhanced security checks start at two MRT stations
Despite concerns about inconvenience, a six-month trial of increased security checks at selected MRT stations here began without a hitchyesterday.
— Straits Times

States Times Review founder helps start new overseas-based Singapore Herald website
An Australia-based Singaporean is doing some Medusa magic overseas as he is figuratively growing another head after getting one cut off.
— Mothership

Singapore eye researchers set sights on halting global myopia epidemic
The Singapore National Eye Centre (SNEC), the Singapore Eye Research Institute (SERI) and Johnson & Johnson Vision today announced a US$26.35 million (S$36.35 million) research collaboration to tackle myopia, or nearsighted vision, the largest threat to eye health this century
— AEC News Today/ PR Newswire (media release)

Error-filled poster offering tuition gets schooled instead at Ang Mo Kio
Are your children failing their exams? They might, if sent for English tuition with whoever created this error-filled poster at a block in Ang Mo Kio.
— Stomp (StraitsTimes)

Women arrested for allegedly carrying out vice activities, advertising sexual services online
Twelve women and two men, aged between 20 and 51, were arrested during a two-day enforcement operation against vice activities, massage establishments and public entertainment outlets.
— Stomp (StraitsTimes)

Grab and UOB form digital payments service alliance
Customers can pay and top up their GrabPay wallets directly from their UOB bank accounts
– Singapore Business Review

SMRT employee gives tourists fond memories of Singapore by going the extra mile for them
Stomper Susan and her husband were celebrating their fifth wedding anniversary in Singapore, when they met a friendly SMRT staff member who offered to guide them to Choa Chu Kang Bus Terminal.
— Stomp (StraitsTimes)

Asia’s food security: Why do we care?
In 2010, electrical engineer David Tan made his way from Singapore to a remote village in Chiang Mai, Thailand. He worked with the villagers, who mostly farm rice and corn, to fix some irrigation problems at a children’s home. The community gained better access to water, while Lin gained an appreciation for the farming community.
— The Edge

GTR Ventures Announces Three New Deals during Singapore Fintech Festival
GTR Ventures, the world’s first investment and venture-building platform specialised in trade and supply chain, has announced three new deals with Lucidity, iLoan and RM-Tech.
— AEC News Today/ PR Newswire (media release)

Man who assaulted SMRT bus driver for missing stop jailed 5 weeks
Upset that the bus he was on had passed his stop, he shoved the driver’s head while the vehicle was still moving – nearly causing the latter to hit the steering wheel.
— Yahoo News

MAS sets out principles to guide use of artificial intelligence, data analytics in finance
THE Monetary Authority of Singapore (MAS) has issued a set of principles to promote fairness, ethics, accountability and transparency (FEAT) in the use of artificial intelligence (AI) and data analytics in finance.
— The Business Times

Chinese Consortium Chain FISCO BCOS Debuts at Singapore Fintech Festival
FISCO BCOS, an opensource blockchain platform, made its debut exhibition at the Singapore FinTech Festival today. The financial blockchain infrastructure platform developed by a Chinese consortium of FinTech innovators is well poised to tap into the global market.
— AEC News Today/ PR Newswire (media release)

MAS, SGX leverage blockchain tech to settle tokenised assets
THE Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) have developed Delivery versus Payment (DvP) capabilities to settle tokenised assets across different blockchain platforms.
— The Business Times

 

Feature photo National Heathcare Group

This week’s Singapore morning news feature photo acknowledges World Diabetes Day, November 14. 

 

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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