Singapore morning news for October 4

Singapore morning news for October 4

Singapore morning newsElectronic arrival cards for visitors to Singapore, trial starts Oct 4
Instead of paper-based disembarkation/embarkation cards that have to be filled up upon arrival, foreign visitors to Singapore will soon be able to provide their personal details and trip information electronically prior to their arrival.
— Today Online

Temasek backs $70m funding round for US agri startup Pivot Bio
Singapore-based global investment firm Temasek has joined the $70-million Series B funding round for US agriculture startup Pivot Bio. The round was led by billionaires-backed Breakthrough Energy Ventures.
— Deal Street Asia

Singapore to sustain 4% pay hike in 2019: study
Salary in Singapore is poised to continue its 4% hike in 2019 across all industries, a study by Willis Towers Watson revealed. With this, the Lion City lagged behind other Asian counterparts that are expected to see salary increases further upward.

— Singapore Business Review
Singapore to use facial recognition for national digital identity
Singapore will adopt a centralised biometrics identification system as part of its National Digital Identity (NDI) system.
— Gov Insider

Singtel launches VIA cross-border mobile payment alliance
Singtel and Thai mobile affiliate AIS have jointly launched a cross-border mobile payment alliance known as VIA, introducing Singapore-Thailand cross border mobile payments in collaboration with Thailand’s Kasikornbank.
— Telecomasia.net

Exxon Mobil eyes multi-billion dollar investment at Singapore refinery: executive
Exxon Mobil Corp (XOM.N) is considering a multi-billion dollar investment at its Singapore refinery, the company’s largest, ahead of new global shipping fuel regulations starting in 2020, a senior executive said on Wednesday.
— Reuters

StarHub to axe 300 employees, restructure company amid ‘intense’ competition
StarHub will axe 300 of its full-time employees, the local telco announced on Wednesday (Oct 3) as it restructures amid fierce competition in the industry.
— Channel NewsAsia

Man fined $4,500 for bomb hoax on flight
Unhappy to be told that he had to check in his carry-on bag, a 41-year-old man on board a Scoot flight said he had a bomb in the bag.
— The Newpaper

Smart security monitoring system being tested at malls under $2.5 million innovation drive for security sector
An automated surveillance monitoring system that flags unusual activities such as fights has been deployed at seven shopping malls – as part of a $2.5 million innovation drive to help the security industry modernise.
— The Straits Times

3D-printed prosthesis boosts odds of survival for cancer-stricken hornbill at Jurong Bird Park
SINGAPORE – A great pied hornbill with an aggressive form of cancer at the Jurong Bird Park has received a survival boost, after it was given a 3D-printed prosthesis fitted on top of its bill.
The Straits Times

Singapore Companies Are on a Global Acquisition Spree
Singapore Inc. is stirring, with companies from real estate to engineering becoming bolder in their hunt for acquisitions abroad.
— Bloomberg

SINGAPORE TO HOST WORLD’S 50 BEST RESTAURANTS AWARDS IN 2019
Singapore has been chosen as the first Asian city to host the World’s 50 Best Restaurants Awards in 2019, after previous editions in Bilbao, Melbourne and New York.
— The Drinks Business

Ex-insurance agent gets to keep $4m in damages, less 20 per cent
Ex-AXA Life Insurance agent Ramesh Krishnan, who was awarded $4 million in damages last year, will get to keep 80 per cent of it.
— The Newpaper

Singapore to embrace greener alternatives to LNG in marine-fuel mix
SINGAPORE is looking to embrace alternative sources of marine fuels as it sets out to play its part in falling in with new emission standards for international shipping.
— The Business Times (paywall)

Go-Jek is close to launching a ride-hailing service in Singapore
Indonesia’s ride-sharing startup Go-Jek plans to land in Singapore, its arch-rival Grab’s HQ, as soon as this month as its regional expansion program gains speed, TechCrunch has come to understand.
— TechCrunch

Singapore logistics sector launches 3-year plan to speed up tech adoption
Singapore’s logistics sector is stepping on the gas pedal in its technology adoption efforts, with a three-year plan outlining ways for various stakeholders to digitalise their processes and collaborate with each other.
— The Straits Times

Singapore Conglomerate’s New Musang King Orchard Project Grasping New Export Opportunities to China
The king of fruits – durian has gone viral in Hong Kong in recent years. Musang King (D197), a top-notch species among all kinds of durian, is highly sought after by Hongkongers.
— AEC News Today/ PR Newswire (media release)

Activist fined $2,500 for illegal procession from Hong Lim Park to Parliament House
SINGAPORE – Artist and activist Seelan Palay was jailed for two weeks on Wednesday (Oct 3) after refusing to pay a fine imposed for being part of a public procession without a permit.
The Straits Times
Singapore readies for sustainable shipping ahead of IMO 2020 rule
Singapore is getting ready for the upcoming environmental regulations in shipping with a slew of initiatives to promote cleaner marine fuels, Singapore’s Senior Minister of State for Transport and Health, Lam Pin Min, said on Wednesday.
— S&P Global Platts

Electric car-sharing scheme draws over 17,000 members, launches 100th charging station
Less than a year after its launch, Singapore’s first large-scale electric car-sharing scheme has more than 17,000 members on its books, operator BlueSG said on Wednesday (Oct 3).
— Today Online

Film noir sheds light on Singapore’s migrant laborers
world away from the opulence showcased in hit rom-com “Crazy Rich Asians”, a critically acclaimed film noir is shedding light on a less well-known side of Singapore — the precarious existence of its migrant workers.
— The Jakarta Post
COE prices end mixed in latest tender as demand for new cars continues to be dampened
Certificate of entitlement (COE) prices ended mixed in the latest tender on Wednesday (Oct 3), as demand for new cars continues to be dampened by a plentiful supply of used cars.
— The Straits Times

63-year-old woman fined $7,000 for attempting to smuggle 490 balut duck eggs
The woman had put the 490 eggs, weighing a total of 78.4kg, in two styrofoam boxes in her baggage. When she arrived at Changi Airport last month, ICA officers conducted checks and found the eggs.
TheStraits Times

Seaspan to invest up to US$200 mil in Swiber Group
SINGAPORE (Oct 3): Seaspan Corporation, one of the world’s largest owners and operators of containerships, has agreed to a proposed US$200 million investment deal that could pave the way for the recovery of Swiber Holdings.
— The Edge

Singapore has worst cyber hygiene in the region: poll
SINGAPORE consumers may seem heavily wired up, but may have the worst habits when it comes to cyber hygiene when compared to their peers in Asean, a survey on Wednesday showed.
— The Business Times

Class – not race nor religion – is potentially Singapore’s most divisive fault line
That is the finding of the latest, and one of the largest, surveys on this topic, raising questions on whether the society is still based on equality and meritocracy.
— Channel News Asia

Hypermarket chain Giant to close VivoCity outlet in 2019, with 3 other stores up for review
It seems Giant may not be doing so well in Singapore, what with the recent closure of two stores in Bukit Panjang and Jalan Tenteram. According to TODAY, the hypermarket chain will also shutter its massive two-story VivoCity outlet in early 2019. The space, which has housed Giant since 2006, is rumored to be taken over by another supermarket brand: NTUC FairPrice.
— Coconuts Singapore

SPH panel finds 2 ST editors breached code of conduct
SINGAPORE – Two editors from the Straits Times newsroom have been slapped with disciplinary measures following an internal investigation into allegations of misconduct.
The Straits Times

Court order makes it easier for copyright owners to curb access to piracy websites
In a move that will help disable access to piracy websites, the High Court has made it easier for six major motion-picture and television programming studios to block new websites linked to the 53 that were blocked earlier this year.
— Today Online

Top Malaysian defence officials visit Singapore<
Malaysian Deputy Minister for Defence Liew Chin Tong called on Singapore Defence Minister Ng Eng Hen at the Ministry of Defence (Mindef) on Wednesday (Oct 3).
“Both sides reaffirmed the bilateral defence relationship and exchanged views on the bilateral and multilateral defence cooperation between Singapore and Malaysia,” a Mindef statement said.
— The Straits Times

 

Feature photo Joan Campderrós-i-Canas


This week’s Singapore morning news feature photo acknowledges International Day of Older Persons, October 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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Stella-maris Ewudolu

Journalist at AEC News Today

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005.

Between November 2010 and February 2012 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.

She joined AEC News Today in December 2016.

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