Singapore morning news for April 17

Singapore morning news for April 17

Singapore morning news

Singaporeans’ inflation expectations stay benign in March: poll
SINGAPOREANS generally expect overall consumer prices and core inflation – that is, price hikes outside of housing and private transport – to remain largely stable over the next 12 months.
— The Business Times

‘Fix the human’ to ensure better security, says Singapore GovTech Minister
Recent cybersecurity leaks in Singapore “have all been the result of human factors,” said Senior Minister of State Dr Janil Puthucheary. The Minister-in-charge of GovTech said that a “robust” response and policy is therefore needed to tackle future cyberattacks.
— Gov Insider

Singapore sees driverless buses, drones shaping city future
Singapore will prioritise the use of drones and driverless buses in its future transport plans, Dr Janil Puthucheary, Senior Minister of State for Transport revealed to an audience of CEOs and senior industry representatives.
— Gov Insider

Less than 1 in 4 Singapore consumers trust personal data with organisations
Only 23 per cent of Singapore consumers believe that their personal data will be treated in a trustworthy manner by organisations offering digital services, according to a new study out today.
— Techgoo NDU

Minister: Malaysia hopeful water talks with Singapore will continue
Malaysia is hopeful that Singapore will agree to enter into negotiations on the second phase of the 1962 Water Agreement which involves the price modality, said Foreign Minister Datuk Saifuddin Abdullah.
— Malay Mail

Integrated Resorts committed to investing $9b on expansion plans in Singapore, Chee Hong Tat reveals
The new investments by the integrated resorts will create many jobs for Singaporeans and business opportunities for local companies, said Senior Minister of State Chee Hong Tat.
— The Independent

Can precision medicine keep Singapore ahead in advanced care?
SINGAPORE is known the world over for its efficient healthcare system. In fact, the nation nearly tied with Hong Kong in Bloomberg’s global healthcare efficiency index, narrowly missing out on the No 1 spot by a 1.7 point margin.
— The Business Times

Commitment and update to global rules needed: Heng Swee Keat
Amid the resurgence in nationalist and protectionist sentiments, Finance Minister Heng Swee Keat called for renewed commitment to the rules-based multilateral international order.
— CNA (very annoying popups)

Singaporeans expect inflation to remain stable
Singaporeans expect consumer prices to remain stable in the year ahead, believing prices will rise by around 3.1 per cent over the next 12 months.
— Straits Times (annoying popups)

Setting up a Fintech in Singapore: Market opportunities and navigating the regulatory environment
Michael Correa sheds light on the key opportunities in the Singapore market for aspiring fintechs, according to the findings of the 2018 Westpac EIU Fintechs in ASEAN Report.
— The Business Times

Public health specialist says vehicles in Singapore zoom around too quickly, calls for speed limits to drop to 30kmh
Apparently, motor vehicles in Singapore zoom around too quickly – at least that’s what one British public health specialist told The Straits Times yesterday.
— Yahoo News

SME Spotlight : New centre to support SMEs on clean energy
Small and medium-sized enterprises (SMEs) and start-ups working on clean energy projects can tap test beds, research and funding offered by the first centre of innovation for the energy sector.
— Straits Times (annoying popups)

PM Lee Hsien Loong to receive 2019 World Statesman Award by American interfaith group
Singapore Prime Minister Lee Hsien Loong will be presented the 2019 World Statesman Award by the Appeal of Conscience Foundation, a United States-based interfaith organisation, at their 54th annual awards dinner in New York on 23 September.
— The Online Citizen

MOM surveying rest areas of outsourced workers, will develop guide for employers
By the end of the year, employers should have new guidelines on how they can provide proper rest areas for outsourced workers such as cleaners, security guards and landscape maintenance workers.
— Straits Times (annoying popups)

Singapore’s ambassador to US defends proposed online falsehood bill in the Washington Post
The country’s proposed anti-fake news bill, the Protection from Online Falsehoods and Manipulation Act (POFMA), has not only made the headlines in the country, but has sounded alarm bells around the globe.
— The Independent

MOM to focus on career mobility for all workers
Manpower Minister Josephine Teo says that more emphasis will be placed on helping all workers to improve opportunities and widen career tracks.
— CNA (very annoying popups)

Massage therapist jailed and fined for molesting customer, having obscene videos
A massage therapist was sentenced to more than 10 months’ jail on Tuesday (Apr 16) and fined S$3,000 for molesting a customer and possessing obscene films.
— CNA (very annoying popups)

Singapore to step up aquaculture innovation
James Cook University in Singapore has signed a memorandum of understanding (MOU) with HATCH, the aquaculture-specific business accelerator and investment firm.
— The Fish Site

Singapore and Indian armies conduct joint exercise Bold Kurukshetra
The Singapore and Indian armies have conducted the bilateral armour joint exercise Bold Kurukshetra in India.
— Army Technology

More wet and warm weather expected in last two weeks of April
The weather here is set to continue to be wet and warm in the next two weeks, said the Meteorological Service Singapore (MSS) on Tuesday (April 16).
— Straits Times (annoying popups)

Decision to give PM Lee 2019 World Statesman Award draws mixed reactions
The Appeal of Conscience Foundation’s decision to give Singapore Prime Minister Lee Hsien Loong the 2019 World Statesman Award has drawn mixed reactions on social media.
— The Independent

Garden of Peace: Ash scattering garden at Choa Chu Kang Cemetery to be open to all faiths
Families will be able to scatter the ashes of their loved ones at the Garden of Peace at Choa Chu Kang Cemetery Complex from 2020.
— CNA (very annoying popups)

Singapore regulators review Hyflux’s disclosure standards
Singapore authorities said on Tuesday they are reviewing debt-laden water treatment company Hyflux’s accounting and auditing standards to see if the firm has breached any laws.
— Reuters

Ain Society launches new cancer centre in Haig Road
President Halimah Yacob officially launched Ain Society’s second cancer centre on Tuesday (April 16) at Block 9 Haig Road.
— Straits Times (annoying popups)

SG govt ok with giving free bus rides to Tianjin Eco-city residents but increases fares for S’poreans
In 2007, Singapore decided to invest in a second government-to-government project in China to develop an eco-city in Tianjin.
— The Online Citizen

SPH adds $237m of assets to UK student housing portfolio
Singapore Press Holdings (SPH) has added £133.7 million (S$237 million) worth of assets to its United Kingdom student accommodation portfolio, increasing by 1,243 beds to 5,059 beds across 20 assets in 10 cities.
— Straits Times (annoying popups)

Singapore’s anti-“fake news” Bill expected to come into force in second half of 2019
Singapore’s Protection from Online Falsehoods and Manipulation Bill, which was introduced in Parliament for its First Reading earlier this month, is expected to come into effect within the second half of 2019, according to Minister for Communications and Information S. Iswaran.
— The Online Citizen

Slight drop in overall recycling rate in Year of Climate Action
Last year was Singapore’s Year of Climate Action, but the call to save the earth may have been lost on its residents.
— Straits Times (annoying popups)

Singapore is committed to mitigating climate change
In Minister for Trade and Industry Chan Chun Sing’s speech at the launch ceremony for ExxonMobil’s Singapore Butyl and Resins Plants on April 5, he pointed out that as a small country, Singapore was acutely aware of the need to control carbon emissions.
— The Business Times

MOM to develop guidelines on rest areas for lower-wage workers
By the end of this year, the Ministry of Manpower (MOM) will come up with guidelines for companies to create proper rest areas for low-wage workers such as cleaners, security guards and landscaping workers.
— CNA (very annoying popups)

Recycling rate fell during Singapore’s Year of Climate Action
NEA figures also raise questions over the effectiveness of the islandwide recycling scheme involving the ubiquitous big blue bins.
— Straits Times (annoying popups)

STB to launch expression of interest exercise for Jurong Lake District integrated tourism project
A NEW integrated tourism development with attractions, hotel and other complementary lifestyle offerings such as food and beverage (F&B) and retail could soon be a reality at the Jurong Lake District.
— The Business Times

Ash scattering in ‘Garden of Peace’ at Choa Chu Kang cemetery to be ready in 2020
Environmental landscaping and natural greenery will be incorporated into a new ash scattering garden at Choa Chu Kang Cemetery, aptly named Garden of Peace, to create an atmosphere of privacy and serenity.
— Straits Times (annoying popups)

Singapore regulators reviewing disclosure issues, accounting practices at Hyflux for potential breaches
Singapore’s regulators said on Tuesday (Apr 16) that they have commenced a review into Hyflux to see if the debt-laden water treatment firm has breached any regulations.
— CNA (very annoying popups)

Leong Sze Hian’s appeal against the striking out of his counterclaim against PM Lee set to be heard in Sept
Blogger Leong Sze Hian revealed on Facebook yesterday (15 Apr) that his appeal against the striking out of his counterclaim against Prime Minister Lee Hsien Loong will be heard by the court in September.
— The Independent

Singapore black metal band cancels Easter concert in Malaysia after complaint from Council of Churches
Singapore-based black metal band Devouror has cancelled its performance in Kuala Lumpur that was scheduled to take place on Easter Sunday.
— CNA (very annoying popups)

Singapore firms to trial ideas at Sentosa with launch of enterprise scheme
A NEW initiative for Singapore enterprises to trial new ideas, concepts and technologies at Sentosa was launched on Tuesday, as part of efforts to drive innovation and enhance the island’s leisure offerings.
— The Business Times

32 nabbed for illegal horse betting activities; cellphones, pagers and $12,500 in cash seized
Thirty-two people, aged between 39 and 79, were nabbed by the police for their suspected involvement in illegal horse betting activities.
— Straits Times (annoying popups)

Lee Hsien Loong is being recognised for helping to foster Singapore’s multicultural society – here are 3 things to know about the World Statesman Award
Singapore has long been a champion of building and maintaining a harmonious multicultural society, and it’s hard for the world not to take notice.
— The Business Times

MOM to focus on career mobility: Josephine Teo
Most Singaporeans expect to spend much of their adult lives working, and the years they will be doing it will far exceed the time they spend in formal education.
— Straits Times (annoying popups)

New attractions, hotel in Jurong Lake District amid tourism boost
A new integrated tourism development will be set up at the Jurong Lake District by 2026, in line with the Government’s strategy to spread out its tourism offerings across different parts of Singapore, said Senior Minister of State for Trade and Industry Chee Hong Tat on Tuesday.
— CNA (very annoying popups)

Firefly back in business with Singapore
It’s good news, not just for Malaysia Airlines Berhad, but for many Malaysians who prefer to use the Sultan Abdul Aziz Shah Airport in Subang to fly to Singapore.
— Asia One

First batch of tickets available from Wednesday for The Bicentennial Experience event at Fort Canning
Tickets for the blockbuster event of the year commemorating the Singapore Bicentennial will be available from Wednesday (April 17).
— Straits Times (annoying popups)

Safdie Completes World’s Tallest Indoor Waterfall in Singapore
Safdie Architects has completed construction of the world’s tallest indoor waterfall in Singapore’s Jewel Changi Airport.
— Arch Daily

ESR gets $242m loan from UOB to buy prime Tokyo land for distribution centre
Logistics real estate company ESR has obtained a 20 billion yen (S$242 million) loan from United Overseas Bank (UOB) to partially fund ESR’s acquisition of a plot of land in Yokohama, Japan, to be developed into a billion-dollar distribution centre.
— Straits Times (annoying popups)

GIC need not worries about any “net outflows” of its fund
It was reported that CEO Maarten Slendebroek of Jupiter Fund Management, one of the “crown jewels” of UK asset management industry, was replaced last month.
— The Online Citizen

Pacific Radiance says hearing to extend again debt moratorium set for April 18
Offshore marine services firm Pacific Radiance on Tuesday (April 16) said the further hearing of applications for a debt moratorium extension has been fixed for 10am on April 18.
— Straits Times (annoying popups)

 

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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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