Singapore morning news for July 12

Singapore morning news for July 12

Singapore morning newsSingapore is top maritime centre for 6th straight year
For the sixth year running, Singapore has clinched the top spot among the world’s maritime centres in the Xinhua-Baltic International Shipping Centre Development Index.
— Straits Times (annoying popups)

Singapore, KL among major cities to face ‘unprecedented’ climate shifts by 2050
Singapore and Kuala Lumpur are among cities that will face “unprecedented” climate shifts by 2050, researchers warned on Wednesday (Jul 10).
— Channel NewsAsia (very annoying popups)

27-year-old Singaporean male caught smuggling thirty-two electronic vaporisers and 635 electronic liquid cartridges
A 27-year-old Singaporean male was caught smuggling thirty-two electronic vaporisers and 635 electronic liquid cartridges, said Immigration & Checkpoints Authority (ICA) and Health Sciences Authority (HSA) in a joint press release on Thursday (11 July).
— The Online Citizen

MAS working closely with Sias to find it a viable funding model
THE Monetary Authority of Singapore (MAS) is working closely with the Securities Investors’ Association (Singapore), or Sias, to find a sustainable funding model for the retail investor advocacy group to ensure its credibility with investors.
— The Business Times

Brothers turned living organ donors – for strangers
Donating one’s organ to a stranger is an extraordinary act of generosity, but two brothers who did so think nothing of it.
— Straits Times (annoying popups)

Group of Myanmar nationals deported, more details surface
The group of Myanmar nationals who used Singapore as a base to mobilise support for armed violence against their government have been deported, as details of some of their activities emerged.
— Straits Times (annoying popups)

Can the public trust the mainstream media to report anything positive of the alternative parties if they practice censorship on news?
As most of our readers would be aware, The Online Citizen (TOC) held a fundraising dinner on Saturday night (6 July) at FiftyRafflesPlace.
— The Online Citizen

Drivers can still ask for physical licences if needed: Traffic Police
Motorists who want to drive overseas and need a physical driving licence can request it, said the Traffic Police (TP) in response to queries from The Straits Times on plans to stop issuing such licences by default.
— Straits Times (annoying popups)

Elections Dept calls for second tender in two months
Following a tender called last month for the provision of bus transportation services to support election operations, the Elections Department (ELD) put up another call for tender on Wednesday for the printing, packing and delivery of documents.
— Straits Times (annoying popups)

I provided massage, not ‘slamming’ services: Accused
The Singaporean doctor accused of injecting illegal drugs into abusers for a fee told a district court yesterday that he had provided massage and not slamming services to a former drug addict before the two were arrested by narcotics officers.
— Straits Times (annoying popups)

ASEAN must be prepared for another wave of terrorist activity: Ng Eng Hen
Countries in Association of Southeast Asian Nations (ASEAN) must be prepared for more terrorist activity, warned Singapore Minister of Defence Ng Eng Hen on Thursday (Jul 11).
— Channel NewsAsia (very annoying popups)

Netizens ridicule survey results that say 8 in 10 Singaporeans are happy with work-life balance
According to a survey done by recruitment agency Michael Page, it is said that eight in 10 Singaporeans are happy with their work-life balance.
— The Online Citizen

Singapore’s medical diagnostics startup One BioMed raises US$5M Series A
One BioMed offers an automated sample preparation device for purification and isolation of nucleic acids from a variety of samples, which is required as the first step in many molecular biological and clinical diagnostic technologies.
— e27

Hyflux ‘progressing’ towards S$400mil binding deal with UAE’s Utico
Beleaguered homegrown water treatment firm Hyflux is in the midst of securing a S$400 million binding deal with its potential white knight Utico, which will require the approval of the former’s senior and junior creditors.
— The Online Citizen

Property facing demand-supply mismatch but Redas sees limited price downside
WHILE the current situation of high supply and subdued demand in the property market may be challenging, observers say that the downside may be limited as private home prices look towards stabilisation.
— The Business Times

Delistings and the ‘independence’ of IFAs
THE Singapore Exchange’s (SGX) changes to the voluntary delisting rules do place more voting power in the hands of minorities, but as with most things, the devil is in the details.
— The Business Times

Murder charges against 3 dropped in Orchard Towers case
Three men in a group of seven charged with the murder of a man at Orchard Towers on July 2 were given a discharge amounting to an acquittal yesterday.
— Straits Times (annoying popups)

NTU scientists develop probes that can detect acute kidney failure faster
Nanyang Technological University (NTU) scientists have developed imaging probes that light up when acute kidney failure is detected, which will help spot the condition 11/2 days faster than other real-time molecular imaging methods.
— Straits Times (annoying popups)

Photos celebrating Arakan Army in S’pore posted on social media
Photos of four actors in military uniforms bearing replica firearms on a stage in Singapore were posted on Twitter on April 7.
— Straits Times (annoying popups)

Having too many rules may harm market instead: SGX chief
The Singapore Exchange (SGX) can and will put mechanisms in place to raise the standard of governance, but over-regulating may also cause more harm than good, said its chief executive Loh Boon Chye yesterday.
— Straits Times (annoying popups)

Singapore rapper collaborates with migrant workers for a different kind of National Day song
As part of a new CNA documentary, Subhas Nair wrote Utopia together with Migrants Band Singapore, whose members work in construction, plumbing and security.
— Channel NewsAsia (very annoying popups)

Netizens fume after town council fined a medical clinic S$1,000 for leaving chairs outside the clinic for the elderly to use
WAN Medical Clinic, a clinic situated at Block 416 Bedok North Ave 2, took to Facebook to reveal that it had been fined S$1,000 by the East Coast-Fengshan Town Council for leaving chairs outside the clinic overnight.
— The Online Citizen

Two charged for conspiring to cheat DBS, StanChart and Malayan Bank in application of loans worth S$1.7m
Two Singaporeans were charged in court on Thursday (Jul 11) for conspiring to cheat DBS Bank, Malayan Bank (Singapore) and Standard Chartered Bank (Singapore) in the application of more than S$1.7 million in business loans.
— Channel NewsAsia (very annoying popups)

Singaporean citizens & PRs can leave the country with their CPF money, provided they don’t settle in West Malaysia
What’s the fine print when someone wants to renounce their Singaporean citizenship to withdraw his CPF monies?
— The Online Citizen

SGX shifts voluntary delisting power balance to minorities
SMALL investors will enjoy better protection with changes by the regulatory arm of the Singapore Exchange (SGX RegCo) to two aspects of the voluntary delisting rules for listed firms.
— The Business Times

Raffles Arcade re-opens after two-year renovation
THE iconic Raffles Arcade – part of Raffles Hotel Singapore along Beach Road – re-opened on Thursday after a two-year long renovation.
— The Business Times

Viet man is first person jailed for Bukom oil theft
A man linked to a case involving 340,000 tonnes of stolen gas oil worth more than $200 million – the largest in Singapore – has been jailed for 21/2 years.
— Straits Times (annoying popups)

New building rules to improve accessibility for elderly, disabled
From Jan 6 next year, new buil-dings or buildings undergoing large-scale renovations will have to ensure that they fulfil new accessibility regulations.
— Straits Times (annoying popups)

Asean defence heads extend hotline to 8 other countries
Regional defence ministers have agreed at this year’s Asean Defence Ministers’ Meeting (ADMM) to extend the grouping’s secure hotline for rapid direct communication to eight other countries.
— Straits Times (annoying popups)

Call for a new ministry of ageing to deal with emerging challenges
A new ministry of ageing, coordinating closely with the manpower and education ministries, could help the authorities resolve emerging challenges such as the displacement of mature professionals, managers, executives and technicians (PMETs) because of automation.
— Straits Times (annoying popups)

Law firm linked to missing $33m faces lawsuit over $5m loan
A dormitory operator is suing JLC Advisors – the law firm at the centre of a saga on missing monies amounting to $33 million – over a $5 million loan.
— Straits Times (annoying popups)

UOB prices $750 million of 3.58% perpetual securities
United Overseas Bank (UOB) has priced $750 million of 3.58 per cent Additional Tier 1 (AT1) perpetual capital securities at an initial spread of 1.795 per cent above the seven-year Singapore dollar Swap Offer Rate.
— Straits Times (annoying popups)

One Pearl Bank opens for booking next week
Real estate developer CapitaLand’s 99-year leasehold condo One Pearl Bank will be open for booking on July 20, with prices starting at $970,000 for studio units.
— Straits Times (annoying popups)

Ascendas trust to build 7th warehouse in western India
Ascendas India Trust (a-iTrust) is planning to finance the construction of a seventh warehouse in western India and acquire it on completion for a total investment of 2.15 billion rupees (S$42.6 million).
— Straits Times (annoying popups)

Chief officer of tanker in ‘unprecedented’ S$3.5 million Shell oil heist jailed
The chief officer of a tanker involved in receiving US$2.6 million (S$3.5 million) worth of gas oil stolen from Shell’s Pulau Bukom refinery was on Thursday (Jul 11) sentenced to jail for two-and-a-half years.
— Channel NewsAsia (very annoying popups)

Drunk and bored, a man gets 2.5 years jail for setting 5 motorcycles and 1 car on fire
What started out as a bored, drunken prank turned into a blaze of fire that ravaged five motorcycles and one vehicle.
— The Independent

Li Hongyi builds JARVIS system to help speed up Singapore Police Force searches
Prime Minister Lee Hsien Loong’s son Li Hongyi is behind the team that built a system to help improve the speed for which the Singapore Police Force (SPF) can conduct database searches.
— The Independent

Jail, caning for security guard who broke into condo and molested maid after taking drugs
A security guard who broke into a condominium unit and molested a maid was sentenced on Thursday (Jul 11) to three years and four months’ jail and three strokes of the cane.
— Channel NewsAsia (very annoying popups)

Are the MSMs and their experts trying to sensationalise Temasek’s performance?
When Temasek releases its latest “Summary Reporting”, I find the various reports from our mainstream media very confusing. With a headline that screams “Temasek’s net portfolio value hits record high for third year running”, one would expect its returns on investment to be doing well too.
— The Online Citizen

Music, fun, freebies at ST Concert in the Botanic Gardens on July 21
The fifth annual Straits Times Concert in the Gardens will take place later this month with the Singapore Symphony Orchestra (SSO) – led by associate conductor Joshua Tan – to perform a selection of classics.
— Straits Times (annoying popups)

Piermont Grand EC open for applications this weekend
Applications for Piermont Grand, the first executive condominium (EC) to be launched this year, will start this weekend, with bookings to be conducted on July 27.
— Straits Times (annoying popups)

Why Singapore was chosen as a filming location for HBO’s hit series Westworld
The cast of the sci-fi show was in town to film recently. And co-creator Lisa Joy told CNA Lifestyle no other city has the same “poetic skyline” as Singapore does. Plus, our people were great to work with.
— Channel NewsAsia (very annoying popups)

 

Feature photo Possy’s Pics

This week’s Singapore morning news feature photo focuses on Asean’s endangered species, here, the smooth-coated otter (Lutrogale perspicillata)

 

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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John Le Fevre

Thailand editor at AEC News Today

John is an Australian national with more than 35 years experience as a journalist, photographer, videographer and copy editor.

He has spent extensive periods of time working in Africa and throughout Southeast Asia.

He has covered major world events including the 1991 pillage riots in Zaire, the 1994 Rwanda genocide, the 1999 East Timor independence unrest, the 2004 Asian tsunami, and the 2009, 2010 and 2014 Bangkok political protests.

In 1995 he was a Walkley Award finalist, the highest awards in Australian journalism, for his coverage of the 1995 Zaire (now Democratic Republic of Congo) Ebola outbreak.

Prior to AEC News Today he was the deputy editor and Thailand and Greater Mekong Sub-region editor for The Establishment Post, predecessor of Asean Today.

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