Singapore morning news for August 22

Singapore morning news for August 22

Singapore morning news

Singapore mulls bonds, reserves for $100 billion climate fight
Singapore is weighing options including the issuance of government bonds to fund the $100 billion it could take to fight rising sea levels over the next century.
— Straits Times (annoying popups)

‘Calamity may come’ if Singapore doesn’t take care of its coastlines now: Masagos Zulkifli
The Minister for Environment and Water Resources also shared more on the citizens’ workgroup, saying one problem it will look at is how to increase the recyclability of neighbourhood blue bins.
— Channel NewsAsia (very annoying popups)

Singapore Leader’s Wife Defends His Seven-Figure Pay on Facebook
Ho Ching, who is married to Singapore’s Prime Minister Lee Hsien Loong, took to Facebook to defend her husband’s pay, which looks higher than those of many government leaders.
— Bloomberg

Uniformed officers are exempted from Retirement and Re-employment Act, but review will be completed in ‘next several months’, says MHA
Following Prime Minister Lee Hsien Loong’s announcement on Sunday (18 August) that by 2030, the country will be raising the retirement and re-employment age to 65 and 70, respectively, the Ministry of Home Affairs told CNA on Tuesday (20 August) that uniformed officers are exempted from this because of the “stringent demands of uniformed jobs”.
— The Online Citizen

NParks moves 152 critically endangered sea turtle eggs from East Coast beach to hatchery
As dawn broke over a stretch of beach along East Coast Park on Wednesday morning (Aug 21), a group of people were huddled over a hole in the ground.
— Straits Times (annoying popups)

SCDF unveils 3 marine firefighting vessels
Three new marine firefighting vessels – including the world’s most powerful in terms of water output – were commissioned by the Singapore Civil Defence Force (SCDF) yesterday.
— Straits Times (annoying popups)

Dry spell in Singapore likely to last several months
Across Singapore, the signs of a dry spell are clear: Parched grass, dry ground and low water levels in ponds and reservoirs. A likely reason? A complex climate phenomenon known as the Indian Ocean Dipole (IOD).
— The Straits Times

Singapore has role in BRI’s investment into South-east Asia
THE Second Belt and Road Forum, held in Beijing in late April, marked the launch of BRI 2.0 and delivered a clear commitment to a more open, inclusive, sustainable and market-driven initiative.
— The Business Times

Singapore should aim to be No. 1 in pre-school education
Singapore has a top-notch school system as evidenced by its impressive showings in international education benchmarking tests.
— The Straits Times

Singapore Masters Athletics suspended by Singapore Athletics
Singapore Athletics (SA) has acted promptly against one of its affiliates after it received a complaint by athletes and other affiliates abut Singapore Masters Athletics (SMA).
— The Online Citizen

COE prices drop across all categories in spite of quota cuts
Certificate of entitlement (COE) prices ended lower across all categories in the latest tender on Wednesday (Aug 21), in spite of a lower COE supply till October.
— Straits Times (annoying popups)

Specific measures could dampen ‘lottery effect’ of public housing at the Great Southern Waterfront, experts say
Measures such as shorter leases and longer minimum occupancy periods (MOP) might help to mitigate the “lottery effect” of public housing at the Greater Southern Waterfront (GSW), experts said.
— Channel NewsAsia (very annoying popups)

More help needed to guide older workers in their careers with raised retirement age
About a quarter of older workers want to work and stay in their current jobs, according to a survey of more than 400 workers released by the Centre for Seniors on Wednesday (Aug 21).
— Straits Times (annoying popups)

Badminton: Singapore’s Yeo Jia Min beats world No 1 Akane Yamaguchi
Singaporean shuttler Yeo Jia Min beat world No 1 Akane Yamaguchi to reach the third round of the BWF World Championships in Basel, Switzerland on Tuesday (Aug 20).
— Channel NewsAsia (very annoying popups)

HDB sales exercise pushed to September so buyers can benefit from upcoming changes: Lawrence Wong
The Housing and Development Board’s (HDB) August sales exercise will be pushed to September, said Minister for National Development Lawrence Wong in a Facebook post on Tuesday (Aug 20).
— Channel NewsAsia (very annoying popups)

OCBC in talks with Singtel about virtual bank licence, say sources
The Monetary Authority of Singapore said in June it plans to issue as many as five new digital bank licences to non-bank firms as part of efforts to strengthen competition in financial services.
— Straits Times (annoying popups)

RateIt raises US$5M to expand its real-time customer feedback solutions in SEA
The current growth and future potential of the SEA market has driven RateIt to move its headquarters from Australia to Singapore Singapore-headquartered startup RateIt, which provides a real-time customer experience management platform for different global brands, has secured US$5 million in Series A financing, led by local VC firm Tin Men Capital.
— e27

Vegan discovery platform abillionveg gets US$2M seed funding, aims to grow community
The investment into abillionveg is said to be one of the largest seed funding rounds given to a social impact startup in Southeast Asia Singapore-based social impact platform abillionveg today announced a US$2 million seed funding round led by 500 Startups.
— e27

Govt help schemes to be more ‘company-centric’: Chan Chun Sing
All that the firms have to do is come up with a business plan, and government agencies will sort out which schemes are relevant to them.
— Straits Times (annoying popups)

Singtel prices US$750m of 10-year notes at 2.375%
SIngtel closed the order book for its US$750 million of 10-year notes after the issue was 3.6 times oversubscribed by investors, and receiving interest of approximately US$2.7 billion, the telecommunications group said on Wednesday (Aug 21).
— Straits Times (annoying popups)

Can Singapore become an Electric Vehicle leader?
WHILE Singapore has staked out a meaningful leadership position in the autonomous vehicle space, it can only be described as a laggard when it comes to electric vehicles.
— The Business Times

UOB, OCBC and DBS lead in study of Asean sustainable banking
AMONG 35 Asean banks assessed, only the three Singapore banks and a Thai financial institution met at least half the criteria in a survey of their performance in environment, social and governance (ESG) integration.
— The Business Times

Wet market store goes digital to reel in younger customers
Seeing fewer customers at his family’s wet market seafood store in Bukit Gombak, Sin Chwee Mini Market second-generation owner Jimmy Goh decided to swim with the tide and digitalise the business to reach out to customers of his generation.
— Straits Times (annoying popups)

No plans yet to extend freelancers’ Medisave scheme to private sector
From early next year, freelancers working for the Government will have a portion of their fees automatically channelled towards their Medisave accounts, before they are paid the rest.
— Straits Times (annoying popups)

Government mindful of cost pressures posed by CPF rate hike: Chan Chun Sing
The Government is aware of business cost pressures posed by an upcoming hike in Central Provident Fund (CPF) contribution rates for older workers, as well as a rise in the retirement and re-employment ages, Trade and Industry Minister Chan Chun Sing said yesterday.
— Straits Times (annoying popups)

‘Sugar daddy’ jailed for having sex with 14-year-old girl in disabled toilets
A man who had sex with a 14-year-old in various toilets meant for the disabled was jailed for 22 months on Wednesday (Aug 21).
— Channel NewsAsia (very annoying popups)

HPB partners Fitbit to encourage Singaporeans to adopt healthier habits
The Live Healthy SG initiative allows people to sign up for a year-long Fitbit Premium service for S$120 prompting them towards better habits like sleep, nutrition and emotional wellbeing.
— Channel NewsAsia (very annoying popups)

Three teenagers admit taking part in 2018 riot at Singapore Boys’ Home
Three 17-year-old youths have admitted in court they took part in a riot at the Singapore Boys’ Home last September, an act of violence that caused damages exceeding $10,000.
— Straits Times (annoying popups)

Man gets jail for peddling contraband cigarettes, possessing chewing tobacco
An Indian national received a jail sentence on Wednesday (Aug 21) for peddling duty-unpaid cigarettes and for possessing chewing tobacco, the Health Sciences Authority (HSA) and Singapore Customs said in a joint news release.
— Channel NewsAsia (very annoying popups)

P6 pupils’ work on using shared bicycles properly wins LTA award
Over nine months last year, a class of Primary 6 students worked on a campaign to promote proper usage of shared bicycles.
— Straits Times (annoying popups)

S’pore govt should “drop all charges” against M Ravi over statement on M’sian drug mule Nagaenthran’s case: Lawyers For Liberty
The Singapore government must drop all charges against Singaporean international human rights lawyer M Ravi over a statement he made regarding the case of 30-year-old Malaysian drug mule Nagaenthran s/o K Dharmalingam, said Lawyers For Liberty.
— The Online Citizen

15 strata offices at Peninsula Plaza up for sale with $17.6m guide price
FIFTEEN strata offices at Peninsula Plaza have been put up for sale via tender with an indicative price of $17.6 million, said exclusive marketing agent Cushman & Wakefield on Wednesday (Aug 21).
— Straits Times (annoying popups)

HR Director in GLC: I’m really very fortunate to be a S’porean after listening to PM Lee’s NDR speech
ST Forum published a letter from Mr Luo Siao Ping, a member of the public, today (‘National Day Rally shows leaders’ foresight, pragmatism’, 21 Aug).
— The Online Citizen

Vulcan Capital, owned by late Microsoft co-founder, lands in Singapore with US$100M
Vulcan Capital plans to target Southeast Asian ventures to then use the returns for its philanthropic causes Vulcan Capital, Seattle-based investment company founded by Paul Allen, the late co-founder of Microsoft Corp, has commenced operation of its first international office in Singapore, Bloomberg has learned.
— e27

Del Monte to close 2 US facilities, sell another as it moves to asset-light strategy
Food and beverage firm Del Monte Pacific Limited will close two US production facilities and sell a third in a bid to move to an asset-light strategy, it said in a bourse filing on Tuesday night (Aug 20).
— Straits Times (annoying popups)

Commentary: After the Fed’s rate cut, the impact on Singapore and growth
The fact that the impact might be limited speaks volumes about Singapore’s waning reliance on the US, says NUS Business School’s Sumit Agarwal.
— Channel NewsAsia (very annoying popups)

Mother and daughter get jail for two-hour shoplifting spree along Orchard Road
A mother and her daughter who went on a shoplifting spree along Orchard Road were sentenced to 10 days’ jail on Wednesday (Aug 21).
— Channel NewsAsia (very annoying popups)

S’porean killed his dog by hitting it against bathtub, reported to police by his parents
While trying to discipline his newly bought poodle, a Singaporean man hit it so hard that it fell unconscious.
— Mothership

5 people taken to hospital after multi-vehicle accident along Bras Basah Road
Five people were taken to hospital after a multi-vehicle accident along Bras Basah Road on Wednesday (Aug 21) afternoon.
— Channel NewsAsia (very annoying popups)

Kaki Bukit Place factory up for sale with $5.5m indicative price
A five-storey intermediate terrace factory at 9 Kaki Bukit Place has been put up for sale by expression of interest for an indicative price of $5.5 million.
— Straits Times (annoying popups)

Elderly cyclist killed in hit-and-run accident in Tampines; family appeals for witnesses
Mr Peh Seng Yap was due to celebrate his 82nd birthday on Thursday. A fourth great-grandchild is due in November and his eldest grandson’s wedding has also been planned for the same month.
— Straits Times (annoying popups)

Man given 10 days by court to make first payment for son’s overseas studies or face jail time
A man who was ordered to pay 60 per cent of his polytechnic graduate son’s study abroad as maintenance was taken to court by the son for failing to pay the first payment of $10,172 due in March.
— Straits Times (annoying popups)

 

Feature photo Singapore Red Cross

This week’s Singapore morning news feature photo focuses on World Humanitarian Day, August 19.

 

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.

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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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