Singapore morning news for April 4

Singapore morning news for April 4

Singapore morning newsSingapore’s manufacturing PMI eases to 50.8 in March
The Singapore Institute of Purchasing and Materials Management (SIPMM) announced on Wednesday that the country’s purchasing managers’ index (PMI), an early indicator of manufacturing activity, grew from 50.4 in February to 50.8 in March, the Business Times reported.
— Xinhua

Singapore’s decision to deny entry to all foreign vehicles with outstanding fines caused a jam at the causeway, and Malaysians aren’t too happy about it
As if the two entry points between Singapore and Malaysia aren’t already packed enough on a normal day – there’s even more bad news.
— Business Insider

Singapore Government rejects Human Rights Watch’s criticisms of new law targeting online falsehoods
The Government rejected Human Rights Watch’s (HRW) criticisms on Wednesday (Apr 3) that the new Protection from Online Falsehoods and Manipulation Bill would excessively restrict online freedom of speech.
— CNA (very annoying popups)

Singapore’s two integrated resorts set to grow with S$9 billion investment plan
A S$9 billion expansion by Singapore’s two integrated resorts will see Marina Bay Sands (MBS) add a new entertainment arena and hotel tower, while Resorts World Sentosa (RWS) will extend Universal Studios Singapore to include two new attractions – Minion Park and Super Nintendo World.
— CNA (very annoying popups)

Singapore to move infrastructure underground to make room for people and parks
Singapore is planning to move infrastructure underground and use the space to build more homes and parks in the island state, according to the Urban Redevelopment Authority’s (URA’s) draft masterplan, which sets urban development goals for the next 10 to 15 years.
— Global Constructive Review

Marina Bay Sands: Stand-alone hotel tower, 15,000-seat concert arena to be built
The iconic Marina Bay skyline is set to change, with the addition of a standalone tower to be built next to the three capped by a sky park.
— Straits Times (annoying popups)

Iron miner Fortress Minerals lists; digs in to meet further demand from China
Over the last 20 years, Ivan Chee Yew Fei has been involved in various industries as founder and CEO of Webcon, a privately held diversified company in Malaysia.
— The Edge Singapore

Casinos could use technology that lets gamblers set budget, tells them when to stop
Apart from increasing the casino entry levies for Singaporeans and permanent residents (PRs), the authorities are also looking at implementing other measures to promote “responsible gambling”.
— Today Online

Britain faces ‘alarmingly high’ risk of no-deal Brexit, says BoE’s Mark Carney
Britain still faces an alarmingly high risk of a no-deal Brexit, which could happen suddenly and by accident without politicians fully intending it, Bank of England Governor Mark Carney warned on Wednesday (April 3).
— Straits Times (annoying popups)

Casino tax rates to rise; entry levies up by 50%
THE government will be introducing a tiered casino tax structure with higher tax rates effective in March 2022, on the back of additional gaming provisions for Singapore’s two integrated resorts (IRs) as they commit to a S$9 billion investment to ramp up facilities.
— The Business Times (paywall)

SingPost to sell US e-commerce subsidiaries following strategic review
Singapore Post (SingPost), which has been in the spotlight over a series of lapses, said on Wednesday (Apr 3) that it will sell two of its US e-commerce subsidiaries following a strategic review.
— CNA (very annoying popups)

Singapore is more than ready for a minority race PM
Dr Huang Shoou Chyuan In a recent forum at Nanyang Technological University (NTU) attended by more than 700 students, Minister Heng Swee Keat tried to convince Singaporeans why we are not ready for a non-Chinese Prime Minister.
— The Online Citizen

Singapore proposes tough new measures to fight ‘fake news’
Singapore proposed tough new measures to combat “fake news” Monday, April 1, including a maximum 10-year jail term, saying they were necessary to protect national security but sparking concerns of new curbs on free speech.
— Rappler

New rules on advance payment of entry levies from August
From today, the daily casino entry fee for Singapore permanent residents (PRs) and citizens will go up by 50 per cent to $150 and the annual fee, from $2,000 to $3,000.
— Straits Times (annoying popups)

FAS bans, for the first time, two players for using unknown persons to impersonate them for pre-season mandatory fitness tests
For the first time, two National Football League (NFL) players were caught cheating by allowing unknown persons to impersonate them during the pre-season mandatory fitness tests.
— The Independent

S’pore wants a 4th Marina Bay Sands tower, explained
MBS opened in 2010. Building a 4th tower from scratch will be the next unique selling point.
— Mothership

Singapore to move infrastructure underground to free up space
The government here has revealed a plan for placing infrastructure under the Marina Bay financial district and other tall structures, the latest effort to maximize space in a city with nowhere to grow.
— Nikkei Asian Review (paywall)

New law tackling online falsehoods not meant to create ‘chilling effect’ in public discussions: Edwin Tong
The Senior Minister of State for Law and Health did say that more effort should be put into helping the public better understand what is a false statement of fact.
— CNA (very annoying popups)

Singapore’s biggest online mall Qoo10 fights Alibaba with blockchain
In the last decade, Ku Young Bae—a serial entrepreneur and South Korean transplant—has built Singapore’s biggest e-commerce company and fended off giant rivals like Alibaba, Amazon and Tencent.
— The Edge Singapore

PM: We spend less on healthcare than other countries but achieve better outcomes
PM Lee officially opened Sengkang Hospital two weeks ago on 23 Mar. In his opening address, he said Singapore spends less on healthcare than most other developed countries, and yet able to achieve better outcomes than these countries.
— The Online Citizen

5,000 new jobs to be directly created with growth of integrated resorts
The $9 billion expansion of Resorts World Sentosa (RWS) and Marina Bay Sands (MBS) will create up to 5,000 new jobs directly and benefit local businesses, the Government said yesterday.
— Straits Times (annoying popups)

Ng Eng Hen: Deaths of 2 SAF servicemen in 2018 were unnatural, but unrelated to service
In Parliament on Monday, April 1, Defence Minister Ng Eng Hen clarified the causes of death of two Singapore Armed Forces (SAF) servicemen in 2018 as due to unnatural causes but “not related to service.”
— The Independent

Bike-sharing operator Anywheel gets green light to expand fleet size, Moov enters market
Cyclists will have more choices of shared bicycles to ride on, after the Land Transport Authority (LTA) gave in-principle approval to two companies to operate bike-sharing services in public places.
— Today Online

A chance meeting, and someone’s life has been changed
A chance meeting in a coffee-shop in Potong Pasir between a wheelchair-bound resident and a potential Singapore People’s Party (SPP) candidate at the next General Elections has led to what can only be described as a life-changing meeting.
— The Online Citizen

MBS and RWS to invest $9b in new attractions
In a move that will spur the economy and spice up Singapore’s recreational landscape, the operators of the two integrated resorts (IRs) will pump in $9 billion to build world-class attractions including three new hotels, a 15,000-seat entertainment arena and extensions to  to Universal Studios Singapore (USS).
— Straits Times (annoying popups)

Two Years in Singapore Jail Sound Good? Just Use the Wrong Ship Fuel
Singapore has a message for shipping companies considering cheating on rules starting next year to combat pollution to save a few dollars on their fuel bills: don’t.
— Bloomberg

Are Singapore companies guilty of ageism despite our greying population?
Companies in Singapore generally view mature workers as an asset although they may not have the right facilities to accommodate such employees, suggests a new survey conducted by PersolKelly.
— The Edge Singapore

Asean collaboration key to unlocking potential of Industry 4.0
COLLABORATION among Asean member states will be key if the region were to unlock its full potential through Industry 4.0 transformation, Senior Minister of State for Trade and Industry Koh Poh Koon said on Tuesday.
— The Business Times

Singapore: Safe port in a storm
The trade war and global tech slump are weighing on Singapore’s economy, and 2019 will not be a year to remember.
— Thing Ing

No easy answers, says ex-US homeland chief
Singapore is discussing the right issues when it comes to laws against fake news but there are no easy answers, said former United States secretary for homeland security Michael Chertoff.
— Straits Times (annoying popups)

COE prices rise across all categories after April 3 bidding exercise
Certificate of Entitlement (COE) prices rose across all categories at the end of the latest bidding exercise on Wednesday (April 3).
— Today Online

Salesforce joins the ranks of AI research centres in Singapore
Cloud-based enterprise software company Salesforce has opened an artificial intelligence (AI) research center in Singapore with the promise to train up to 100 postgraduates over a three year period, the Straits Times reported last week.
— Kr Asia

Genting Singapore inks new deal for $4.5 bil expansion of Resorts World Sentosa; exclusivity period for IR extended to end-2030
Genting Singapore is committing to an investment of some $4.5 billion for the expansion of the integrated resort (IR) at Resorts World Sentosa (RWS), which will see the property increase its gross floor area by approximately 50%.
— The Edge Singapore

Higher COE prices across the board
Certificate of entitlement (COE) premiums continued their upward trend, with prices closing higher across the board as the first round of bidding for April closed yesterday.
— Straits Times (annoying popups)

PM avoids mentioning increase in population as another reason for building more hospitals
Two weeks ago (23 Mar), PM Lee was at the official opening of Sengkang Hospital. He said more hospitals are being built because additional capacity was needed as the number of patients increased.
— The Online Citizen

Ex-GIC chief economist disappointed with Heng Swee Keat for citing “outdated” 10M population argument
Ex-GIC chief economist, Yeoh Lam Keong, has expressed disappointment that Finance Minister and presumptive 4G Prime Minister Heng Swee Keat cited former chief planner Liu Thai Ker’s “outdated” 10 million population argument at a university forum recently.
— The Independent

Singapore millennials care more about family, society and self-growth – than being famous or owning material goods, an OCBC study finds
It appears that some millennials in Singapore aren’t all materialistic and self-indulgent. Most of them care more for family, society and self-growth, according to a study.
— Business Insider

25m-tall tree falls on HDB block near Old Airport Road, no injuries reported
A tree fell on Block 97, Jalan Dua, near Old Airport Road, early on Wednesday (April 3) morning, causing some damage.
— Today Online

FastGo launches new ride-hailing price model in Singapore
After Vietnamese ride-hailing firm FastGo announced its debut in Singapore, 500 drivers have signed up 12 hours after registration. “It is a good signal for FastGo in the Singapore market,” FastGo CEO Max Nguyen told Singapore Business Review.
— Singapore Business Review

Blood test for gastric cancer could be ready by year end
A blood test for detecting early gastric cancer may be available by the end of this year. If approved by the Health Sciences Authority, it will be the first such test in the world, said the expert leading the project.
— Straits Times (annoying popups)

How Singapore’s hawker culture started
On March 27, Singapore submitted a nomination for Singapore hawker culture to be inscribed on the Unesco Representative List of the Intangible Cultural Heritage of Humanity, a year after after Prime Minister Lee Hsien Loong announced the move.
— Today Online

COE prices close higher in latest bidding exercise
Certificate of Entitlement (COE) premiums closed higher across the board in the latest bidding exercise on Wednesday (Apr 3).
— CNA (very annoying popups)

Law Minister apologises to veteran journalist for erroneous reference in parliamentary speech
Law and Home Affairs Minister K Shanmugam appears to have apologised to veteran journalist Bertha Henson for making an “erroneous” reference to one of her articles in the footnotes of his recent parliamentary statement on hate speech.
— The Independent

Singapore turns away 50 foreign vehicles with outstanding fines at land checkpoints
Fifty foreign vehicles have been turned away from both Singapore’s land checkpoints as of Wednesday morning (Apr 3) due to outstanding fines, said the Immigration and Checkpoints Authority (ICA).
— CNA (very annoying popups)

WP follows on SDP’s heels and ups its recruitment of volunteers for GE
The Workers’ Party (WP) appears to have released an online form, calling on volunteers to sign up to help the party during the next General Election. Many expect that the election may be held as early as this year.
— The Independent

Swim coach should not have turned his back on student, 6, who later died: Coroner’s inquiry
A swimming coach turned his back on a six-year-old student to attend to another child during a group lesson at the Kallang Basin Swimming Complex.
— Today Online

 

Feature photo Young Parents

This week’s Singapore morning news feature photo acknowledges World Health Day, April 7.

 

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.

 

The following two tabs change content below.

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.

Latest posts by Piseth Pov (see all)

Support independent media by sharing using these tools. Do not steal our content

Make a comment

Your email address will not be published.