Singapore morning news for November 26

Singapore morning news for November 26

Singapore morning news

100 staff to lose jobs as SilkAir shuts down regional offices
About 100 staff from SilkAir will lose their jobs over the next 20 months as the regional wing of Singapore Airlines (SIA) progressively shuts down its offices in 18 regional cities.
— Straits Times

No softening of anti-drug stance, says Amrin Amin
Repeat drug abusers who do not commit crimes might no longer face mandatory jail terms, but this does not mean that the authorities’ stance towards drugs has softened, said Senior Parliamentary Secretary for Home Affairs Amrin Amin.
— Straits Times

Singapore headline inflation unchanged at 0.7% in October, but core inflation creeps higher
Singapore’s headline inflation was unchanged in October from September, as private road transport costs again shrank year on year, but climbing electricity and gas prices are still putting the squeeze on consumers.
— The Straits Times

Global Investor Programme approved fund under scrutiny
A venture fund approved under the Government’s Global Investor Programme (GIP) is under scrutiny after 16 of 22 remaining preference shareholders took legal action against it.
— Straits Times

New road connecting Punggol to TPE and KPE opens, a year ahead of schedule
Traffic conditions along Punggol East are set to ease as a new road connecting Punggol Central to the Tampines Expressway (TPE) and the Kallang-Paya Lebar Expressway (KPE) was launched on Sunday (Nov 25) – almost a year ahead of schedule.
— Channel News Asia

Scoot passengers stranded at Changi Airport for 7 hours due to technical issue
Travellers bound for Bangkok on Scoot airlines flight TR616 were stranded for almost seven hours at Changi Airport Terminal 2 on Sunday (Nov 25) after their flight was delayed.
— Channel News Asia

Anwar and Heng: Two different PMs-in-waiting
Malaysia has Anwar Ibrahim, its Prime Minister-in-waiting. Now we have our own PM-in-waiting – Heng Swee Keat, the newly appointed First Assistant Secretary-General of the ruling People’s Action Party.
— The Independent sg

Indonesia’s Lion Air airline employees speak of overwork, cut corners after Java Sea crash
Lion Air employees spoke of their experiences working for the airline.
— Mothership

Singapore must get its politics right or the people will suffer: Shanmugam
It is not enough to have brilliant and capable individuals in power, Singapore must also get its politics right or the people will suffer, said Home Affairs and Law Minister K Shanmugam on Sunday (Nov 25).
— Today Singapore

Products from threatened species of sharks and rays sold in S’pore: Study
Shops in Singapore have been found to sell meat, fins and other products derived from endangered and vulnerable species of sharks and rays.
— Today Online

Singapore MPs to participate in international hearing on fake news in London
Three Members of Parliament (MP) from Singapore will participate in an international hearing on fake news and disinformation in London on Tuesday (Nov 27).
— Channel News Asia

PAP 4G office-holders, MPs endorse Heng as next leader; Cabinet changes ‘in due course’
The election of the People’s Action Party’s (PAP) new top decision-making body is a “major step forward” for political renewal, said Prime Minister Lee Hsien Loong, as he signalled Cabinet changes are afoot “in due course”.
— Today Online

Careful, deliberate, man of the utmost integrity: Shanmugam on PAP’s 4G leader Heng Swee Keat
Finance Minister Heng Swee Keat is a careful and deliberate leader who, in deciding on issues, wants to understand the deeper reasons behind why people have come to some views.
— The Straits Times

What foreign media are saying about Heng Swee Keat as S’pore’s likely 4th Prime Minister
As news of Heng Swee Keat being the likely fourth Prime Minister of Singapore disseminates to the rest of Singapore over the weekend, the local media is already in overdrive publishing stories about the life of our nation’s potential fourth prime minister.
— Mothership

Asia’s first baby born here using new slow-release fertility technique
The first baby in Asia conceived using a new fertility technique known as Evie Slow Release Insemination was born in Singapore on September 7.
— Today Online

Malaysian authorities have not approved Firefly’s move to Seletar: CAAS
The Civil Aviation Authority of Singapore (CAAS) on Saturday (Nov 24) revealed that Malaysian budget airline Firefly has yet to get the green light from the Malaysian authorities to relocate its operations from Changi Airport to Seletar Airport, resulting in the suspension of all its flights into the Republic from Dec 1.
— Today Online

War on diabetes: Singapore to host global conference on tackling epidemic
More than 300 international and local delegates will convene in Singapore over the next two days for a conference on diabetes, the Ministry of Health (MOH) said in a press release on Sunday (Nov 25).
— Channel News Asia

Sugar tax alone will have little impact: Diabetes expert
A sugar tax alone is not going to do much to help Singapore’s fight against diabetes, said a top diabetes expert from Australia.
— Straits Times

Donation rates still low
Last year saw the highest number of deceased donor kidney and liver transplants performed in Singapore in a decade, but the overall organ transplant rate still lags behind that of many developed countries.
— Straits Times

Smiles for hawkers with NEA finally doing some major contract tweaks
Under-pressure hawkers in your neighbourhood heartlands may smile a little with the National Environment Agency (NEA) announcing that it has prescribed tweaks to standardise the contractual terms between socially-conscious enterprises and hawkers.
— The Independent sg

Noble case underscores need for regulatory reform, new growth strategy for local market
On a Saturday afternoon in 2015, I returned a telephone call to an individual at a public relations firm who had tried to reach me earlier in the day. He was acting for Noble Group, and intimated that he had called me as part of an effort to head off imminent legal action related to The Edge Singapore’s coverage of his client. See: The BIG reckoning Among the pieces we …
— The Edge

Slump in Singapore vehicle sales to worsen in 2019, hit rock bottom in 2021: Fitch
The contraction in Singapore vehicle sales will accelerate in 2019 and hit rock bottom in 2021, despite an improving consumer outlook and a rise in ride-sharing demand, said a Fitch Solutions report released on Friday (Nov 23).
— The Straits Times

Singapore Bonds Face Contagion Fears From Lippo Probe
An investigation into troubled Indonesian property developer PT Lippo Karawaci, controlled by Southeast Asia’s billionaire Riady family, is reverberating in the Singapore bond market.
— Bloomberg

From parcel delivery to security, Singapore bets big on drones
Hi-tech Singapore is planning to roll out a swarm of drones for tasks that include delivering parcels, inspecting buildings and providing security, but safety and
— Coconuts (paywall)

Convenience matters most to commuters, transport surveys find
Commuters prize convenience the most in the land transport system, followed by connectivity and fast travel time, according to surveys done for the 2040 Land Transport Master Plan (LTMP).
— Straits Times

Concerns about fraud keeping elderly away from digital payments: study
By 2030, one in five residents in Singapore will be aged 65 and above. Against such statistics, there are questions to be asked about how far digital inclusion extends to individuals in their later years.
— The Business Times

Scammers are changing the contact details for banks on Google Maps to defraud people
Google Maps isn’t as trustworthy as you might think.
— Business Insider

Temasek to explore AI, blockchain deals with experimental pods
Temasek Holdings, Singapore’s state investment firm, is setting up new groups to explore opportunities in artificial intelligence and blockchain technologies.
— The Edge

Ex-SMRT boss Desmond Kuek opens leadership consultant firm
Former SMRT chief executive Desmond Kuek, who stepped down from the role in August, has started a leadership consultancy company with two fellow ex-military men.
— Asia One

GuocoLand starts work on Midtown project on Beach Road
Developer GuocoLand announced yesterday that it has started work on its new Beach Road integrated development Guoco Midtown.
— The Straits Times

Debt-laden Hyflux says still working on terms of scheme of arrangement
Water treatment firm Hyflux is still working towards formulating the terms of a scheme of arrangement involving creditors, the group said, dismissing recent media articles reporting the purported details of a formal plan proposed to its senior unsecured financial creditors as mere speculation.
— The Straits Times

WeWork opens co-working ‘lab’ space in Singapore for early-stage start-ups
An American company that provides co-working spaces has officially opened its new “lab” in Singapore.
— The Straits Times

Investing in stocks can be risky, but rewarding
When the stock market crashed in 2008, many investors in stocks lost more than 30 per cent of their investments. This year, stocks are down more than 10 per cent. The question many people have, then, is whether stocks are too risky.
— Today Online

Singapore malls try big gambit before online shopping catches on
Online shopping in Singapore is lacklustre even after Amazon Inc debuted its Prime service in mid-2017. The island’s malls are trying hard to keep it that way. With some of the nation’s biggest mall operators reporting falling rents and rising vacancies, landlords, just like those elsewhere in Asia and the US, are being forced to reposition.
— The Edge

10 tips for saving money on produce
There are tips that can make eating healthy fruits and vegetables more affordable including buying local, seasonal produce as often as possible.
— Business Insider

Forget shiny Rolexes and Louis Vuitton handbags — rich people are investing more in education and health, and it shows that discreet wealth is the new status symbol
Are flaunting Lamborghinis, Rolexes, and diamonds a thing of the past for the rich? Showing off wealth is no longer the way to signify wealth.
— Business Insider

Working on a cruise ship can be brutal — but two lawyers who rep cruise line workers explain why even terrible cruise ship jobs can be attractive
Cruise lines can get away with treating their lowest-paid workers poorly because they recruit them from countries with limited economic opportunities.
— Business Insider

Is This The Biggest Investing Mistake You’re Making Right Now?
Has stock market euphoria reached dangerous levels?
— Motley Fool sg

New community healthcare centre in Yishun to provide free massages for seniors and caregivers
With its bright cheery colours and the smell of freshly brewed coffee, you would be forgiven for mistaking the Republic’s first centre to offer multi-sensory care to seniors and their caregivers as a new cafe.
— Today Singapore

Singapore eliminated from AFF Suzuki Cup after loss to Thailand
Singapore crashed out of the AFF Suzuki Cup on Sunday (Nov 25) after losing 3-0 to reigning champions Thailand at the Rajamangala Stadium.
— Channel News Asia

Young performers jive to pop hits at ChildAid concert
The ChildAid 2018 concert opened on Sunday night (Nov 25) with three upbeat numbers including Abba’s Dancing Queen from the 1970s, with performers paying tribute to the evolution of pop music from the 1960s.
— The Straits Times

 

Feature photo Action for Aids Singapore

This week’s Singapore morning news feature photo acknowledges World AIDS Day, December 1

 

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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Mark Roy

Copy Editor at AEC News Today

A professional photographer of 20 years experience, Roy has worked as editor of newspaper mastheads across Australia, from Albany in the south-west to Torres Strait in the north-east.

In 2009 he was Lifestyle Editor of Cambodia’s only award-winning newspaper, The Phnom Penh Post, and Deputy Editor at the launch of its weekly magazine, 7Days.

He holds a Postgraduate Diploma in Journalism and a Bachelor of Arts in Photomedia.

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