Singapore morning news for August 16

Singapore morning news for August 16

Singapore morning news

Singapore seen as second in region for Belt and Road opportunities: survey
VIETNAM, Singapore and Indonesia are seen as the markets in Asean and South Asia with the most opportunities related to China’s Belt and Road Initiative (BRI), according to a survey by the Singapore Business Federation (SBF) and PwC Singapore.
— The Business Times

Upgraded SGH Burn Centre opens, MOH to redevelop burns capability in other hospitals
The upgraded Singapore General Hospital Burn Centre opened on Thursday (Aug 15), as the Ministry of Health (MOH) also announced plans to redevelop the burns capability in other hospitals in Singapore.
— Straits Times (annoying popups)

Sisters’ Islands Marine Park could join worldwide network of precious marine areas
It might be Singapore’s first Hope Spot under an international initiative to draw public attention to marine areas which may need more protection.
— Straits Times (annoying popups)

Temasek sells stakes in Thai telco Intouch, the former Shin Corp, for $700.6m
Units of Singapore’s sovereign fund Temasek – Aspen Holdings and Anderton Investments – launched an overnight block trade on Wednesday (Aug 14) for 15.6 billion baht (S$700.6 million) or 8.02 per cent of its stakes in Thai telco company Intouch Holdings Pcl, according to a term sheet.
— Straits Times (annoying popups)

ShweProperty raises US$3M in fresh funding as 500 Startups makes an entry into Myanmar
ShweProperty.com, one of Myanmar’s leading property portals, has secured US$3 million in its Series B round of funding. led by Singapore-based private equity fund Emerging Markets Investment Advisers (EMIA).
— e27

Singapore startups tapping new buzz in Indonesia as test bed
EVEN as Indonesia churns out its own startups, an increasing number of Singaporean startups are looking to the country as a launchpad to test their business model.
— The Business Times

Retailer fined over display of non-compliant PMDs in first such prosecution
A firm was fined S$750 on Thursday (Aug 15) over the display of non-compliant personal mobility devices (PMDs) in its Paya Lebar premises.
— Channel NewsAsia (very annoying popups)

From dance school to the Navy: SAF scholar among 4 President’s Scholars this year
Many people may feel that joining the Singapore Navy is a huge leap from studying dance at the School of the Arts (Sota).
— Straits Times (annoying popups)

‘We considered him one of us’: Singapore leaders express condolences over death of shipping magnate Frank Tsao
Singapore leaders on Thursday (Aug 15) expressed their condolences following the death of shipping magnate Frank Tsao.
— Channel NewsAsia (very annoying popups)

July’s private home sales hit highest level this year on launch of new EC, One Pearl Bank
Sales of new private homes rose to its highest this year in July, as more buyers returned to the market after the June holidays and developers rushed to release their projects ahead of the inauspicious Hungry Ghost Festival in August.
— Channel NewsAsia (very annoying popups)

Mobile phone buyers lost $24,000 to scammers from January to May: Police
Victims have lost at least $24,000 to mobile phone scams on e-commerce platforms in the first five months of this year, the police said.
— Straits Times (annoying popups)

Singapore-based company charged for shipping S$600,000 worth of luxury goods to North Korea in violation of UN sanctions
A Singapore-based company, Sinsms, was charged under the United Nations (Sanctions – Democratic People’s Republic of Korea) Regulations 2010 for supplying luxury items worth more than S$600,000 to North Korea via China-based trading firm Dalian Sun Moon Start International Logistics Trading Co.
— The Online Citizen

Charities watchdog suspends Crisis Centre Singapore from conducting fund-raising appeals
The Commissioner of Charities (COC) on Thursday (Aug 15) suspended all charitable fund-raising appeals conducted by Crisis Centre (Singapore) for a period of six months.
— Channel NewsAsia (very annoying popups)

Singapore’s Limestone Network to deploy blockchain tech for Cambodia’s smart city development
Limestone Network will work with the country to develop a smart zone boasting 10,000 business establishments Singapore-based blockchain startup Limestone Network is behind the blockchain technology dispatch in a mission to establish a smart city at the center of the Cambodian capital, Cointrust reported.
— e27

KrisEnergy applies for debt moratorium; Keppel expresses support as creditor
Upstream oil and gas firm KrisEnergy has filed for a six-month debt moratorium to seek court protection from creditors’ legal action while it restructures its debt totalling some US$476.8 million, it said late on Wednesday night (Aug 14).
— Straits Times (annoying popups)

Micron CEO says Singapore operations will be spared capex cuts
NASDAQ-LISTED Micron Technology will continue to make appropriate investments here in Singapore, chief executive Sanjay Mehrotra told The Business Times on Wednesday.
— The Business Times

Singapore to benefit from rise in long-term demand for chips: DPM Heng
lDESPITE official forecasters’ expectations of a full-year manufacturing decline here, Deputy Prime Minister Heng Swee Keat affirmed on Wednesday that the ailing semiconductor industry – which makes up about 7 per cent of the economy – will stay key to the Singapore factory landscape.
— The Business Times

As Singapore infrastructure goes underground
IT is estimated that by 2050, 70 per cent of the world’s population will live in urban spaces, creating more megacities with limited space, facilities, and supporting infrastructure.
— The Business Times

Singaporeans living in Hong Kong talk of residents’ fear, sense of hopelessness
There are an estimated 15,000 Singaporeans residing in Hong Kong.
— Straits Times (annoying popups)

Delay in eating food from Spize may have contributed to man’s death: MOH official
A man who died after eating food from popular restaurant, Spize, had consumed it more than three hours after its delivery.
— Straits Times (annoying popups)

Man jailed for stealing tap from Woodlands police station
A man who stole a tap from a police station in Woodlands and installed it in his own home was jailed for three months on Thursday (Aug 15).
— Channel NewsAsia (very annoying popups)

Search continues for second missing Singaporean kayaker
The Malaysian Maritime Enforcement Agency said one ship and two other boats are scouring an area covering 500 square nautical miles for Mr Tan Eng Soon.
— Straits Times (annoying popups)

PM Lee to touch on Singapore’s response to climate change during National Day Rally
Prime Minister Lee Hsien Loong said on Thursday (Aug 15) that his National Day Rally speech on Sunday will touch on climate change and how Singapore must respond to the phenomenon.
— Channel NewsAsia (very annoying popups)

ComfortDelGro’s long-serving CFO Choo Chek Siew to retire in September
The long-serving group chief financial officer (CFO) of ComfortDelGro Corporation, Choo Chek Siew, will retire at the end of next month after serving in the role for 16 years.
— Straits Times (annoying popups)

Independent auditor issues disclaimer of opinion on Vibrant’s FY2019 financials
The independent auditor for logistics player Vibrant Group has issued a disclaimer of opinion on the firm’s financial statements for FY2019.
— Straits Times (annoying popups)

Singapore shares down 1.5% on Thursday afternoon, after near 2% dive at open
Banking stocks were among some of the biggest laggards in the early morning trade.
— Straits Times (annoying popups)

SIA, Air NZ to raise Singapore-Auckland seating capacity
Travellers heading to the Land of the Long White Cloud will soon have more reasons to cheer, with 35,000 seats to be added to flights between Auckland and Singapore from end-March to late October next year.
— Straits Times (annoying popups)

NTU investigating video of students performing obscene cheer during freshman orientation camp
The video was reportedly uploaded onto Instagram on Aug. 9, and a censored version has since been uploaded onto Stomp.
— Mothership

Red-shirted luggage lady in midst of Hong Kong protest is a S’porean trying to get home
The image of a lady in red, hoisting her red luggage above her head, fighting past throngs of Hong Kong protestors sitting in the airport.
— Mothership

Tycoon Stephen Riady buys good class bungalow from OUE unit for $95m
Property developer OUE’s executive chairman and controlling shareholder Stephen Riady is buying a good class bungalow (GCB) at Nassim Road from an OUE subsidiary for $95 million, OUE announced in a regulatory filing on Wednesday night (Aug 14).
— Straits Times (annoying popups)

Female SCDF officer’s sex videos leaked online
The police are investigating a series of sex videos that began circulating online last month.
— Straits Times (annoying popups)

PM Lee’s wife, Ho Ching weirdly shares article on cutting ties with family members
On Wednesday (14 August), Ho Ching, the wife of Prime Minister Lee Hsien Loong (LHL), took to her Facebook to share an article that explains why it is totally fine to cut ties with toxic family members.
— The Online Citizen

Preetipls urges Singaporeans to strive for more accountability on issues of race
In what appears to be the final post influencer Preetipls is making about the recent incident on the ‘distasteful’ ad by E-Pay and the ‘offensive’ rap video that follower, Preeti thanked people who helped her and her brother out in the past few weeks as the drama unfolded. She said,
— The Online Citizen

 

Feature photo Lee Hsien Loong

This week’s Singapore morning news feature photo depicts life throughout the Asean community.

 

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).

 

About Singapore morning news.

Singapore morning news roundup is the most comprehensive hand-curated selection of Singapore English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Singapore English language news today.

We filter our the dull, the boring, the repetitive, and the click-bait and package all of the Singapore daily news that you need to know to start your day into an easy to read, time saving format of Singapore news headlines and first paragraphs before 8.15am Singapore time.

We clearly identify the source of all the Singapore news headlines, whether it is behind a paywall, a media release, or whether the news site uses annoying pop-up advertising or auto-play video, in case those things annoy you too. If a website uses particularly invasive pop-up adverts, we’ll tell you.

This enables you to make an informed choice of whether you want to learn more by clicking directly through to the original Singapore news article, or keep on reading the remaining Singapore daily news headlines.

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Justhine De Guzman Uy completed a Bachelor of Arts Major in Mass Communication at New Era University, Quezon City, the Philippines in 2016

After graduation she worked at the Philippine Broadcasting Service performing transcription and business news writing, before moving to Eagle Broadcasting Corporation where she worked as a news editor, translator and production assistant.

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