Singapore morning news for February 4

Singapore morning news for February 4

Singapore morning newsS’pore has extradition treaty with USA, suspected HIV leaker could be brought back to face charges
There are many conditions in place that could lead to his extradition back here.
— Mothership

SG installs safety nets to combat financial sector cyber issues
In her recent speech regarding Cyber Risk Management Project’s ‘Bashe Report’ Launch on January 29, Elean Chin, division head of Monetary Authority of Singapore, cited that in Asia, cyber-attacks are disproportionately higher compared to other regions.
— The Independent

Singapore’s e-commerce market to grow by 48% predicts Worldpay
By 2022, Worldpay predicts a 48% growth in Singapore’s eCommerce market. Such growth amounts to US$7.4bn or 7% CAGR.
— The Independent

Mediacorp becomes YouTube’s strategic content partner in Singapore
Channel NewsAsia is now live 24/7 on YouTube. The announcement comes as YouTube and Singapore’s largest content creator and transmedia company Mediacorp on Friday (Feb 1) unveiled a strategic partnership to deliver an enhanced product experience for audiences and advertisers in Singapore.
— Channel NewsAsia (very annoying popups)

Local business owner consults lawyers after SingPost took 4 months to deliver Govt letter to him and jeopardised his business
Singapore Post (SingPost) has gotten itself into another pickle, days after the Info-Communications Media Development Authority (IMDA) vowed to take “firm action” against it over a series of glaring lapses.
— The Independent sg

New Inspector General’s Office to oversee safety protocols in SAF – but what happened to existing Safety & Systems Review Directorate??
Following the death of operationally ready reservist Corporal First Class (NS) Aloysius Pang, the Singapore Armed Forces (SAF) announced that they had lowered the training tempo – referring to the duration, frequency and intensity of training activities – in order to allow units more time to comprehensively review their training programmes with the aim of reducing training risk for all servicemen.
— The Online Citizen

Indonesia eyes $60 billion investment in Singapore
Intellasia East Asia News Indonesia wants to re-position its Batam island as an alternative shipping and manufacturing hub to Singapore with a potential to draw $60 billion in new investment.
— Intellasia

Singapore gets tough on pilots who drink and fly; plans for random alcohol testing from March
Singapore is getting tough on pilots who drink and fly with plans for random alcohol testing from March. The Straits Times understands this will affect all departing pilots, including those from foreign airlines.
— Strait Times

Manufacturing, services firms gloomier about next six months
MANUFACTURING and services firms have become more downbeat about business prospects in the next six months, with both sectors expressing overall pessimism, according to two surveys released on Thursday.
— The Business Times

Foreign vehicles with pending fines cannot enter Singapore from April 1
Foreign vehicles with several fines related to traffic and parking violations including those with vehicular emissions offenses can no longer enter Singapore beginning April 1.
— The Independent

Good move to hike CPF contribution rate for workers above 55 to 37%
SOME may applaud this move. Some may slam it outright. Some may say it’s worth a review as part of successful ageing which requires long-term planning, There is a serious push to urge the government to hike CPF contribution rate for workers above 55 to 37 per cent to ensure that older workers are paid the same as their younger colleagues.
— The Independent

SG e-commerce to soar by at least half to $9.98bil in 2022
Singapore has a positive outlook for the e-commerce industry’s future. The country expects a 48% increase in e-commerce operations or about $9.98 (US$7.4) billion by 2022.
— The Independent

Harvesting for Chinese New Year: Urban farmers bond over dishes made from the fruit of their labour at community garden
The sounds of children laughing from a nearby primary school fills the air. At 7am, Madam Ong Bock Hoe peers over the rooftop railing to watch the pupils chase one another at a basketball court below.
— Straits Times

S$32 million in fines owed by drivers of foreign vehicles
Foreign vehicles with outstanding fines for traffic, parking or vehicular emissions offences may be denied entry into Singapore from Apr 1, according to a press release on Friday (Feb 1).
— Channel NewsAsia (very annoying popups)

Is the Prime Minister being outfoxed by his brother and Dr Tan Cheng Bock?
On the day that Prime Minister Lee Hsien Loong announces that a “substantial” Merdeka Generation Package is on the way, his brother Lee Hsien Yang and Dr Tan Cheng Bock have breakfast at Ang Mo Kio.
— The Online Citizen

PM Lee pays tribute: “many of our unsung heroes belong to the Merdeka Generation”
On February 2, 2019 (Saturday), a tribute event for the Merdeka Generation was held at Gardens by the Bay with Prime Minister Lee Hsien Loong being one of the guest speakers.
— The Independent

Should govt be allowed to use social services top-ups as vote buying tools?
Should the government be allowed to hold the financing of your social services hostage, so that they can use it to buy votes?
— The Online Citizen

Commentary: Don’t stash your child’s hongbao money in the bank. Give them a chance to spend it
This year of the pig, make your hongbao money work harder for you and your child, than it previously did sitting in a bank.
— Channel NewsAsia (very annoying popups)

5 cool things to do in Singapore in February 2019
EVEN though the Lunar New Year celebrations are around the corner, not everyone enjoys the same rush of reunion dinners and lou heis, not to mention the socialising you have to do with relatives you meet this one time out of the entire year.
— August Man

Trends in the environmental, social, governance investing landscape
The field of environmental, social and governance (ESG) investing has undergone rapid changes in recent years. We look at five trends and what they mean for investors.
— Straits Times

Early Chinese New Year joy for Teck Ghee residents
For Madam Gena Tan, Sunday’s (Feb 3) visit by Prime Minister Lee Hsien Loong to Teck Ghee market to exchange Chinese New Year greetings and distribute red packets to residents and stall owners held special significance.
— Strait Times

GAW BUYS SINGAPORE’S ROBINSON 77 FROM CLSA FOR S$710M
Gaw Capital Partners has closed on the acquisition of Robinson 77, an office building in Singapore’s Tanjong Pagar area, from a fund managed by CLSA Capital Partners, according to sources familiar with the transaction who spoke with Mingtiandi.
— Mingtiandi

SINGAPORE ANNOUNCES ASIA’S FIRST MODEL ARTIFICIAL INTELLIGENCE GOVERNANCE FRAMEWORK
The Republic of Singapore has liberated its Model Artificial Intelligence Governance Framework which was announced by Minister for Communications and Information, Mr. S Iswaran at World Economic Forum Annual Meeting held between 22-25 January 2019.
— Analytics Insight

Expect heavy traffic at land checkpoints ahead of Chinese New Year
Motorists can expect long queues at the Causeway over the Chinese New Year period, with some travellers reporting delays of more than three hours before clearing Malaysian Customs on Friday.
— Straits Times

FairPrice raises $38k for ST fund
FairPrice donated $38,000 to aid beneficiaries of The Straits Times School Pocket Money Fund (STSPMF) on Thursday.
— Straits Times

SG e-commerce to soar by at least half to $9.98bil in 2022
Singapore has a positive outlook for the e-commerce industry’s future. The country expects a 48% increase in e-commerce operations or about $9.98 (US$7.4) billion by 2022.
— The Independent

Plans for random alcohol tests for pilots departing Singapore
Singapore is getting tough on pilots who drink and fly, with plans for random alcohol testing from next month. The Sunday Times understands this will affect all departing pilots, including those from foreign airlines.
— Straits Times

Cigarette-smuggling doesn’t pay: Record $34m fine for Singaporean
THE smoky message is clear against contraband cigarette smugglers: Get set to face the toughest penalty as a Singapore cigarette-smuggler was fined a record S$34million and jailed.
— The Independent

Starting early in home investments
Like many Singaporeans, real estate industry executive Wendeline Goh has a love affair with property. But unlike most of us, she bought her first private apartment at the tender age of 26.
— Straits Times

Everyone needs to contribute to Singapore story
As a small nation, we must never allow ourselves to be polarised and divided because we need our collective strengths and other resources to succeed in the “fourth wave” of industrial revolution.
— Strait Times

Singapore’s former presidential hopeful meets PM’s brother amid questions of a growing alliance
For the second time in three months, former presidential candidate Dr Tan Cheng Bock met Lee Hsien Yang for breakfast today, amid speculation of a burgeoning alliance.
— Malay Mail

Late night activities in Singapore that don’t involve drinking and dancing
Not quite, considering our malls pull down the shutters for the day by 10pm, and the idea of late night fun for most of us equals knocking back beers or shots at the many bars and clubs across the island.
— Asia One

Tan Cheng Bock & Lee Hsien Yang eat mee siam breakfast at PM Lee’s Ang Mo Kio ward
Tan and Lee are having a second well-publicised breakfast in three months.
— Mothership

Singapore Sports Hub: The highs and lows over the years
The Singapore Sports Hub has been in the news this week following the shock resignation of its chief executive officer Oon Jin Teik. The former national swimmer’s departure was announced on Monday (Jan 28) though he will stay at the helm till April.
— Strait Times

Over 1,000 General Practitioners clinics open during Lunar New Year holidays
1,014 general practitioner (GP) clinics will be open during the Lunar New Year public holidays from 4 to 6 February 2019, at various times, the Ministry of Health (MOH) announced in a press release on Friday (1 February).
— The Online Citizen

More than 2,500 active mobility offences recorded between May and December 2018: LTA
More than 2,500 active mobility-related offences were recorded between May and December last year, according to the Land Transport Authority (LTA) on Friday (Feb 1).
— Channel NewsAsia (very annoying popups)

SingPost CEO says it has been an exceptional quarter with profits rising 16%
On February 1, 2019 (Friday), Singapore Post (SingPost) released a statement saying that its third-quarter net profit increased almost 16% compared to last year which was mainly due to the selling of its stake in a Chinese company.
— The Independent

Taking a break from CNY traditions with a passport
Eat lots of bak kwa and pineapple tarts. Watch reruns of Stephen Chow’s God Of Gamblers II on TV. Lose half of your hongbao money in blackjack.
— The Strait Times

 

Feature photo CEphoto, Uwe Aranas

 

This week’s Singapore morning news feature photo acknowledges Chinese New Year, 2019.

 

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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