Singapore morning news for April 12

Singapore morning news for April 12

Singapore morning newsSingapore names innovative winners
The Singapore Tourism Board has awarded seven businesses up to SGD1.3 million for marketing proposals under the second edition of the Marketing Innovation Programme [1].
— TTR Weekly

60,000 people get a sneak peek of Jewel Changi Airport
An estimated 60,000 people had a sneak peek of Jewel Changi Airport on Thursday (April 11), six days ahead of its official opening on April 17.
— Today Online

Singapore police roll out drone-equipped surveillance vehicles
Other new technologies the Singapore Police Force is introducing include smart glasses, miniature humanoid robots and an enhanced live firing system.
— CNA (very annoying popups)

Singapore wins top international award for AI governance/ethics initiatives
Singapore’s initiatives in Artificial Intelligence (AI) Governance and Ethics won the top award at the prestigious World Summit in Geneva, Switzerland, 9 April 2019.
— The Independent

Docomo Ventures invests in Singapore’s Kpisoft
NTT Docomo Ventures, a wholly owned subsidiary of NTT Group, has made an investment in Singapore-headquartered cloud-based enterprise management solutions provider Kpisoft.
— Telecom Asia

Labour woes, high rents: Why popular restaurant chain Chili’s shut in Singapore
Labour woes, high rents and slower footfall brought on by the proliferation of shopping malls led to the abrupt closure last month of popular American restaurant chain Chili’s Grill & Bar in Singapore, its franchisee has revealed.
— Today Online

Hyflux yet to seek extension of debt moratorium
HYFLUX will restart talks with its creditors to explore outcomes other than liquidation, but has not decided yet on whether it will seek an extended debt moratorium from the Singapore High Court.
— The Business Times

Tan Cheng Bock’s Progress Singapore Party unveils symbol
Former presidential candidate Tan Cheng Bock on Thursday (Apr 11) unveiled the logo of the Progress Singapore Party.
— CNA (very annoying popups)

Singapore, Vietnam and Thailand buck worldwide trend with more executions, not less
More and more countries are rejecting the death penalty, which is a global trend. However, according to a report from the South China Morning Post (SCMP), certain countries are actually going against this trend, including Singapore, Thailand and Vietnam.
— The Independent

32 under police probe over e-commerce, commercial crimes
After a three-day police operation, 32 people were hauled up for e-commerce and commercial crime-related offences that led to losses of more than $1.5 million for the victims.
— Straits Times (annoying popups)

Singapore hopes to improve relationship with China even further: DPM Teo
Singapore Deputy Prime Minister Teo Chee Hean said that Singapore’s relationship with China has progressed very well over the past year and hopes this can be taken further in 2019.
— CNA (very annoying popups)

Singapore named top maritime capital of the world for fourth consecutive year
Singapore has once again been ranked as the world’s top maritime capital in the Leading Maritime Capitals of the World 2019 (LMC) report released by consultancy form Menon Economics.
— The Online Citizen

Indo-Singapore joint military exercise ‘Bold Kurukshetra 2019’ ends
The four-day long joint military exercise between India and Singapore, Bold Kurukshetra 2019, came to an end with an impressive closing ceremony on Thursday.
— Business Standard

Shaw Theatres Jewel opens first dedicated family and children cinema in Singapore
The new cinema at Jewel Changi airport will also house Singapore’s first next-generation IMAX hall featuring IMAX with Laser.
— CNA (very annoying popups)

Facebook to crack down on groups spreading misinformation
Facebook on Wednesday ramped up its battle against misinformation, taking aim at groups spreading lies and adding “trust” indicators to news feeds. Moves outlined by Facebook vice president of integrity Guy Rosen were described as part of a strategy launched three years ago.
— The Independent

Singapore’s new anti-“fake news” Bill “entrenches and legalizes censorship in all forms”: Civil rights group Function 8, in its call for Govt to withdraw Bill
Singapore’s new anti-“fake news” legislation, the Protection from Online Falsehoods and Manipulation Bill, “entrenches and legalizes censorship in all forms”, warns local civil society group Function 8.
— The Online Citizen

ACCA aims to bring professionals together to share best practices and opportunities
On March 28, about 180 to 200 financial, legal and other professionals from Singapore and London had the opportunity to mingle and forge ties at ACCA’s maiden Global Connect conference 2019.
— The Edge Singapore

HK housing still highest priced, S’pore 2nd: CBRE
Singapore remains the world’s second-most expensive housing market after Hong Kong, according to an annual CBRE report which compares private residential property markets across 35 cities. But average price growth was significantly slower, at just 1.1 per cent.
— Straits Times (annoying popups)

Record seizures of pangolin scales: Smugglers ‘exploiting Singapore’s efficient ports’
Two massive seizures here of pangolin scales in less than a week show that transnational organised networks are exploiting Singapore’s efficient ports, said wildlife trade monitoring network Traffic on Wednesday (April 10).
— Today Online

GEN Singapore to pay US$500mln credit early amid revamp
Genting Singapore Ltd, operator of the city-state’s Resorts World Sentosa casino complex (pictured), is to pay back early – on a voluntary basis – a total of SGD680 million (US$503 million) left outstanding from its SGD2.27-billion syndicated senior secured credit facilities.
— GGR Asia

Jumbo opens three new F&B outlets in Singapore
Jumbo Group has opened three new restaurants in a move to expand in Singapore, with a new Jumbo Seafood outlet at Jewel Changi Airport as well as two new concepts at Far East Square, all of which were launched today.
— The Edge Singapore

F&B outlets, waterfall a big draw for visitors
At 40m, Jewel Changi Airport’s indoor waterfall is the world’s tallest. And it proved the popular choice for snaps and selfies as around 60,000 people became the first members of the public to experience the $1.7 billion, 10-storey complex.
— Straits Times (annoying popups)

2 charged in Singapore over promotion of crypto fraud OneCoin
Two men in Singapore have been charged over their involvement in promoting the fraudulent OneCoin cryptocurrency, according to local press reports.
— Coin Geek

1 in 4 private school grads unemployed, involuntarily working part-time 6 months after graduation
About one in four (27.2 per cent) fresh graduates from private education institutes were either unemployed and still looking for a job, or in involuntary part-time or temporary employment, six months after graduating last year, the latest graduate employment survey has shown.
— Today Online

Income, ZA Tech in tie-up to offer digital insurance
Insurer NTUC Income has partnered ZA Tech Global Limited to develop digital innovations and product launches in Singapore, starting with a lifestyle insurance product catering to the tourism sector.
— Straits Times (annoying popups)

Backed into a corner, Hyflux remains uncertain over plans to extend debt moratorium
Hyflux remains undecided over the possibility of seeking an extended debt moratorium ahead of the April 30 deadline, according to the troubled water and power company’s representing attorney.
— The Edge Singapore

Video of pigeon culling in Hougang ‘an outright case of cruelty’: Acres
Animal welfare group Animal Concerns Research and Education Society (Acres) has filed a report with the National Parks Board (NParks) requesting that the agency investigate what it claims to be the improper handling of birds.
— Today Online

Singapore bans former HSBC, UOB bankers on fraud, dishonesty
Singapore has meted out lengthy bans to convicted former HSBC Holdings Plc and United Overseas Bank Ltd. bankers for fraud and dishonest conduct.
— The Edge Singapore

Bull missing from Lim Chu Kang farm yet to be found, owner insists it didn’t escape
Almost 24 hours after it was first reported to have escaped from a dairy farm in Lim Chu Kang, a two-year-old bull named Ganesha has yet to be found.
— Today Online

At Singapore’s Changi Airport, a New Jewel Shines
At first glance, visitors to the new Jewel complex at Singapore’s Changi Airport might feel like they have entered some mythical dimension. An indoor waterfall — the tallest in the world — drops 130 feet from an oculus the size of a bus.
— New York Times

Police will continue to protect Singapore’s racial and religious harmony, says Shanmugam
One key area the Singapore Police Force (SPF) will focus on will be defending the country’s social cohesion, particularly in the areas of racial and religious harmony, said Home Affairs Minister K Shanmugam on Thursday (Apr 11).
— CNA (very annoying popups)

Tan Cheng Bock unveils the Progress Singapore Party’s palm tree symbol
Dr Tan Cheng Bock announced in a Facebook post that the party symbol for the Progress Singapore Party (PSP) has been approved, two weeks after the PSP was registered with the Registry of Society.
— The Online Citizen

Singapore busts reveal loss of 38,000 endangered pangolins
Singapore has seized nearly 26 tonnes of pangolin scales – the most ever recorded – in two separate operations over the past week, increasing calls for improved protection for the endangered species.
— AL Jazeera

Jet Airways suspends services to and from Singapore
Struggling Indian carrier Jet Airways has halted flights to and from Singapore until further notice, Changi Airport said in a Facebook post on Thursday (April 11).
— CNA (very annoying popups)

PM Lee extols the value of Gurkha Contingent weeks after saying we cannot “outsource” Singapore’s security and defense
Prime Minister Lee Hsien Loong extolled the value of the Gurkha Contingent (GC) weeks after he said that Singapore cannot “outsource” its security and defense to anyone else.
— The Independent

School stress: More teens seek IMH help
More teenagers from top schools are seeking help for school-related stress at the Institute of Mental Health (IMH).
— Straits Times (annoying popups)

First Real Estate Investment Trust’s 2019 First-Quarter Earnings: What Investors Should Know
First Real Estate Investment Trust’s (SGX: AW9U) 2019 first-quarter distribution per unit was flat at 2.15 Singapore cents.
— The Motley Fool

Princess World Cruise breaks record
When the 2021 World Cruise opened for sale 27 March, Princess Cruises hit a major milestone by breaking the record for the fastest-selling World Cruise in the cruise line’s history.
— TTR Weekly

More support needed for security officers, say industry stakeholders after Roxy Square incident
Industry stakeholders on Thursday (Apr 11) called for more protection and support for security officers, after a video of an incident at Roxy Square last week went viral online.
— CNA (very annoying popups)

S&P: Hyflux’s capital structure “hardly sustainable” when it issued perpetual securities in 2016
S&P Global Ratings said on Tue (9 Apr) that more defaults may be happening in Singapore following the Hyflux debacle.
— The Online Citizen

 

Singapore makes second seizure of pangolin scales within a week, this time 12.7 tons amounting to over S$50 million
For the second time this week, Singapore has seized another shipment of pangolin scales. The National Parks Board, said in a statement that 12.7 tons of pangolin scales in 474 bags were found in a 40-foot container travelling from Nigeria to Vietnam.
— The Online Citizen

Throwback Thursday: The taste of nostalgia lures snaking queues of A&W fans on opening day
The last time 66-year-old Jerry Yeo took a bite out of an A&W coney dog and sipped their famous root beer float was decades ago.
— CNA (very annoying popups)

Bitter feud between Dr Mahathir and the Johor royal family rages on
The rancour between Malaysia’s Prime Minister Dr Tun Mahathir Mohamad and the royal family of Johor has stretched out for decades, with Dr Mahathir taking on not one or two, but three generations of Johor royals.
— The Independent

Uber gives potential investors first glimpse at US IPO filing
Uber Technologies filed for an initial public offering (IPO), starting the clock on what’s expected to be the biggest US listing this year.
— Straits Times (annoying popups)

Religious teacher gets jail for molesting woman in mosque on guise of curing her infertility
A religious teacher was jailed for one year and four months on Thursday (Apr 11) for molesting a woman in the classroom of a mosque where he served.
— CNA (very annoying popups)

Grab’s new funding aimed at innovative products, not fending off rivals: Singapore head
Ride-hailing giant Grab’s announcement this week that it intends to raise another US$2 billion (S$2.7 billion) from private investors this year is not aimed at fending off competition, said the company’s new Singapore head Yee Wee Tang.
— Straits Times (annoying popups)

 

Feature photo Thales Transport

 

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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Piseth Pov graduated with a Bachelor’s degree in Economics Science from the Royal University of Law and Economics, Phnom Penh in 2017, and a Bachelor’s degree in English Communications from Western University, Phnom Penh, the same year.

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