Singapore morning news for September 26

Singapore morning news for September 26

Singapore morning newsSingapore’s Changi Airport Tests Terminal Run by Robots, Not Humans
Imagine landing at a major airport and the only human official you meet on your way through the terminal is a customs officer.
Bloomberg via Insurance Journal

Chinese and Singapore courts agree on mutual enforcement
Chief justices in China and Singapore have agreed guidance on the recognition and enforcement of money judgments issued by the courts of Singapore and the People’s Republic of China in commercial disputes.

Investors eschew property developers post cooling measures
Stock pickers are shunning home builders in favour of Singapore real estate investment trusts (S-REITs) following the imposition of new real estate curbs in July, reported Bloomberg.
Property Guru

India tops talent migration into Singapore
In a report published earlier in September by LinkedIn Talent Solutions, titled “Emerging Jobs: Singapore”, the talent that moved from India feature prominently in 4 or the top 5 fastest growing jobs in the country.
The Times of India

Insurance claims from road accidents climb by 11.8 per cent despite fewer reported accidents
Motor accidents are becoming more severe and involving more injuries, going by first-half results released by the General Insurance Association (GIA) on Tuesday (Sept 25).
Straits Times

SGX welcomes virtual reality studio Vividthree to Catalist
It has a market capitalisation of $84m. Singapore Exchange (SGX) welcomed virtual reality (VR) and visual effects studio Vividthree Holdings to the Catalist, an announcement revealed.
Singapore Business Review

Holmusk Raises US$9.75 Million in Pre-Series A Financing
Holmusk, a Singapore-headquartered digital health and data analytics company with a global presence, today announced closing of US$9.75 million in Pre-Series A financing.
– AEC News Today/PRNewswire (media release)

Blockchain Project Uranus hosted Singapore Meetup successfully
Uranus Meetup Singapore station was successfully held on September 20th at Republic Plaza in Singapore.
Asia One

Indian national jailed in Singapore for running off with employer’s cash
An Indian national was jailed for three-and-a-half years on Monday for encashing cheques worth 4,70,000 Singapore dollars of his employer and absconding to Malaysia in March.
Telangana Today

Raffles Medical’s China Taiping partnership to benefit in China, Singapore
Raffles Medical Group last month signed an MoU with China Taiping Insurance Group (CTIG) to jointly provide medical insurance solutions as well as healthcare management services and explore health-linked property opportunities.
The Edge Singapore

Despite advances in HR tech, employers believe human touch still an important part of hiring process (press release)
Employers are increasingly using HR technology to help attract and hire the best talent. Despite the widespread adoption of these tools, many businesses leaders indicate they still want a human touch for critical moments during the recruitment process, according to a report released by global talent solutions firm Randstad Sourceright.
IT Business Net

Famous Kyoto Coffee Chain % Arabica Is Coming To Singapore
Get ready to “see the world through coffee” – coffee from % Arabica, that is! That’s right; the renowned and wildly popular coffee chain from Kyoto, Japan, is finally setting up shop in our shores.

JTC launches tender for industrial site near Tuas Biomedical Park
JTC has launched a tender for an industrial land parcel in Tuas South Link 3, the third of six sites to be put up for sale from the confirmed list for the second half of 2018.
Straits Times

How Boustead Singapore Limited (SGX:F9D) Delivered A Better ROE Than Its Industry
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to start learning about core concepts of fundamental analysis on practical examples from today’s market.
Simply Wall Street

Ultra-wealthy Asian families’ love of emerging markets may prove painful
Asian family offices’ love of emerging markets may prove painful in 2018. Family offices in the region have the highest allocation globally to equities in developing markets, according to the 2018 Global Family Office Report published Tuesday by UBS Group AG and Campden Wealth.
The Business Times

Medix Medical Monitor Survey Uncovers Singapore’s Health Concerns and Perceptions
Survey shows high fear of cancer, heart attacks and diabetes, with many Singaporeans pessimistic about their health status and unsure of the best place to turn for advice.
AEC News Today/PRNewswire (media release)

3 Things You Should Know About Singapore Exchange Limited’s Dividends Right Now
Singapore Exchange Limited (SGX: S68) is the only stock market operator in Singapore, and it provides listing, trading, clearing, settlement, depository and data services.
The Motley Fool Singapore

Campana Group, Telin to link up Myanmar and Singapore
Singapore-based Campana Group has formed a strategic partnership with Telekomunikasi Indonesia International (Telin Singapore) to jointly deliver internet connectivity between Myanmar and Singapore.

3,000 vets gather in S’pore for global summit to promote animal welfare
The world’s largest association of small-animal veterinarians has gathered in Singapore for the first time, aiming to advance the health and welfare of pets, and highlight vets’ roles as animal welfare advocates.
Straits Times

Singapore diplomat Tommy Koh calls for end to gay sex ban
One of Singapore’s most influential diplomats called Tuesday for the repeal of a law criminalising sex between men, saying it was time for the modern city state to abandon the “antiquated” legislation.
South China Morning Post

How Singapore’s plastic waste is recycled
Plastic products are commonly and heavily used in Singapore, but awareness about recycling is lacking.

NTU Singapore has received funding to attract top young Swedish scientists
The Knut and Alice Wallenberg Foundation, the largest private financier of research in Sweden, has given $9m (~ €7.6m) of funding to Nanyang Technological University, Singapore (NTU Singapore) to attract top young Swedish scientists with a new postdoctoral fellowship programme.
Scitech Europa

Davao City goes on Singapore, KL road show to support international routes
A delegation from the Davao City government is holding an investment and tourism roadshow this week in Kuala Lumpur, Malaysia and Singapore to promote and strengthen current direct international routes.
Business World

Singapore firm fined $200k for safety breach
A Singapore company was fined $200,000 for failing to contain a hazardous chemical leak at its workplace.
HRD Asia

Singapore fine is ‘minor bump’ in Grab’s ride-hailing dominance
Anti-trust authorities in Singapore have slapped anti-competitive penalties on local company Grab, whose dominance in the city-state’s ride-hailing market has solidified since its merger with the southeast Asian operations of U.S. rival Uber.
Nikkei Asian Review

FairPrice stops Australia strawberry imports due to needle scare
Supermarket chain FairPrice stopped all strawberry imports from Australia on Monday, in light of alleged incidents Down Under where consumers have found needles in the fruit.
The New Paper

Shared-bike parking rules welcomed, but some raise concerns
Bike-sharing firms have welcomed the new measures aimed at curbing indiscriminate parking, though some raised concerns about how their business will be affected.
Straits Times

SIA’s KrisFlyer miles among stolen frequent flier points sold on the Dark Web
Stolen frequent flier miles are being sold on the Dark Web at a fraction of their real world cost, a study found.
Straits Times

Singapore residents expect to continue working after hitting retirement age: Survey
People in Singapore are living longer, but their savings may peter out sooner than expected as they enter their golden years.
Straits Times

Singapore ranks 13th in human capital study
Singapore jumped 30 spots in a study that ranks countries based on the number of years of peak productivity of workers, and is one of four Asian regions in the top 20.
The New Paper

Singapore’s top talents in science honoured
For more than three decades, Professor Lam Khin Yong has pushed for scientific research that impacts society and has personally played a key role in shaping Singapore’s pool of scientific talent.
– The New Paper

Chinese state-owned marine builder to work with Singapore trader to buy fuel
The marine construction unit of the state-owned China Communications Construction Company (CCCC) on Tuesday signed an agreement to work with Singapore-based commodities trader Zenrock Group to purchase fuel.
– The Business Times

Asia’s Aversion to Bank Accounts Is a Big Deal
There’s a flaw in the forecast for an ever-rising Asia: a vast gap in the financial system. Big slices of the population don’t have a bank account.
Hellenic Shipping News


Feature photo: Rhododendrites

This week’s Singapore morning news feature photo acknowledges World Maritime Day September 27.


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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