Singapore morning news for July 8

Singapore morning news for July 8

Singapore morning newsSingapore companies look to Asean to pick up slack from trade war: HSBC
THE United States-China trade conflict has dominated discourse for a year now, but Singapore businesses are not letting it get in the way of their future plans, even as the global growth outlook appears increasingly gloomy.
— The Business Times

Spize fined S$20,000 after more than 100 customers’ personal data leaked
Food and beverage outlet operator Spize has been fined S$20,000 after the personal data of about 150 customers was disclosed on its online ordering portal in 2017.
— Channel NewsAsia (very annoying popups)

Race to be operator with fastest mobile wallet
Firms have rolled out measures to save time and ensure retailers are able to process payments.
— Straits Times (annoying popups)

Different method used to calculate CPF payout sums: MOM
July 08, 2019 5:00 AMA recent study, which had found that those in Singapore aged 65 and up would need at least $1,379 a month to achieve a basic standard of living, is useful for personal goal-setting and retirement planning.
— Straits Times (annoying popups)

Construction company director charged over fraudulent schemes investing in villas, crab farms
Construction company RBI Holding’s director Selliaya Suresh, 49, was charged in court on Friday (Jul 5) over his alleged involvement in two fraudulent investment schemes.
— Channel NewsAsia (very annoying popups)

5 jailed for falsifying safety permit after Tampines work site accident left worker dead
Five people were jailed for falsifying a safety permit after an accident at a Tampines work site left one worker dead, the Ministry of Manpower (MOM) said in a press release on Friday (Jul 5).
— Channel NewsAsia (very annoying popups)

 

Naspers unit PayU forays into Southeast Asia by acquiring Singapore startup Red Dot Payment
PayU, the payments arm of South African internet conglomerate Naspers, has announced its foray into Southeast Asia by acquiring Singapore-based online payments solutions company Red Dot Payment (RDP).
— e27

MPA says “no immediate threats” to ships travelling through Straits of Malacca and Singapore
The Maritime and Port Authority of Singapore (MPA) released a statement on Friday (5 July) stating that it had not received any information on immediate threats to ships sailing through the Straits of Malacca and Singapore (SOMS) or to Singapore-registered ships.
— The Online Citizen

Commentary: The future of Singapore e-commerce is in brick and mortar
Love, Bonito’s opening of its biggest physical store yet in Funan may be a sign where online shopping will head to next, says NUS Business School’s Associate Professor Tan Soo Jiuan.
— Channel NewsAsia (very annoying popups)

The Big Read: Singapore’s big telcos face rude awakening, as the little guys get the last laugh
With mobile revenues set to decline at a steeper rate for at least two more years, shareholder values and the jobs of many telco workers here could take a hit, experts say.
— Channel NewsAsia (very annoying popups)

Insurer AGCS ‘seeing a much-stronger increase in premiums’ for 2019
INSURANCE premiums are likely to see a firmer rise this year following a marginal increase in 2018, said Allianz Global Corporate & Specialty (AGCS) chief executive Chris Fischer Hirs.
— The Business Times

Not meaningful to focus on average healthcare expenses as needs differ: MOH
As healthcare needs, and consequently healthcare costs, differ greatly from one individual to another, it is not meaningful to focus on average expenses that an individual requires, said a spokesman for the Ministry of Health (MOH).
— Straits Times (annoying popups)

SingPost studying QR code stamps to make all mail trackable
Lost mail may one day be a thing of the past, if SingPost’s ambitious plan to track all postal items here comes to fruition.
— Straits Times (annoying popups)

How far will the Singapore Airlines-Malaysia Airlines MoU go?
How far will Singapore Airlines and Malaysia Airlines go in the deal signed on June 30? This is what many are asking after reports the Malaysian carrier is to get a new owner soon.
— The Independent

Despite increase in dengue infections, some residents refuse precautionary measures
With dengue cases on the rise, some residents are taking increased precautions but others believe the epidemic will be over soon.
— The Independent

3 Singapore Blue-Chip Stocks That Institutional Investors Have Been Selling
The latest institutional trading activity might be a source of ideas for investors in Singapore stocks. Click here to know more.
— The Motley Fool

S’pore, Pacific Alliance firms can partner in areas including food
Negotiations are on for a free trade agreement (FTA) between Singapore and the Pacific Alliance, a grouping of four Latin American countries – Chile, Colombia, Mexico and Peru – which together have 210 million people and a combined gross domestic product of US$4.05 trillion (S$5.5 trillion).
— Straits Times (annoying popups)

Parliamentary questions for 8 July 2019
The Singapore Parliament will sit at 1:30pm on Monday, 8 July 2019, for the 106th session of the 13th Parliament. 79 oral questions and 40 written question have been scheduled to be asked.
— The Online Citizen

North-South Line’s train reliability now on par with Hong Kong, Taipei systems: Khaw Boon Wan
As Singapore’s two oldest rail lines – the North-South and East West Lines (NSEWL) – undergo much-needed renewal expected to go on until 2023, the benefits are already being felt as the NSL’s reliability scores hit a milestone.
— Channel NewsAsia (very annoying popups)

Pasir Gudang air pollution, unauthorised drone sightings near Changi Airport to be discussed in Parliament
Members of Parliament (MPs) are set to discuss on Monday (Jul 8) the air pollution issues in Pasir Gudang and the presence of illegal drones at Changi Airport, among other issues.
— Channel NewsAsia (very annoying popups)

SIAS to hold inaugural investment conference for accredited investors
THE Securities Investors Association (Singapore) is launching for the first time a Master Series Investment Conference for more sophisticated investors.
— The Business Times

Armenian Prime Minister on official visit to Singapore
Armenian Prime Minister Nikol Pashinyan is making his first official visit to Singapore at the invitation of Prime Minister Lee Hsien Loong.
— Straits Times (annoying popups)

Future cohorts of seniors will have more resources to retire on
Improvements in education and incomes will make this possible despite the ageing population and smaller family sizes, said the Government.
— Straits Times (annoying popups)

Laksa anyone? A new robot cooking station can dish out 80 bowls an hour
Singapore catering group Neo Group recently unveiled its latest innovation, where you can have a piping hot bowl of the yummy Singapore dish in just 45 seconds.
— Channel NewsAsia (very annoying popups)

POSB account-holder criticises the bank for not seeking his consent to share his details with the PA
A POSB account-holder has criticised the bank for not seeking his consent to share his particulars with the People’s Association (PA), when he was sent a POSB-PAssion ATM card.
— The Independent

Lee Hsien Yang spotted with Tan Cheng Bock and Chee Soon Juan at TOC fundraising dinner
Founding Prime Minister Lee Kuan Yew’s son, Lee Hsien Yang, was spotted at the fundraising dinner for The Online Citizen (TOC) that was held on Ssturday (6 July) evening.
— The Independent

Commentary: Tuas Mega Port strongly positions Singapore for a maritime future
Supported by Singapore’s expertise in the maritime industry, the port of Singapore is expected to continue to flourish, says SMU’s Joyce Low.
— Channel NewsAsia (very annoying popups)

Teens with no place to go home to
Jade* shivered and shifted in her sleeping bag. It was past midnight as she tried to get comfortable at a mosquito-infested playground near her home.
— Straits Times (annoying popups)

Speeding PMD riders: Too fast and too reckless
Every rider on a personal mobility device broke the speed limit on the footpath. This was what The Sunday Times saw at four locations over three days.
— Straits Times (annoying popups)

Suspected gun parts found in parcel
Suspected gun parts have been found in a parcel sent by airmail.
— Straits Times (annoying popups)

Emergency departments seeing more PMD injuries
The number of personal mobility device (PMD) riders who met with accidents and sustained injuries serious enough to be admitted to emergency departments in public hospitals jumped to 23 last year from 10 in 2017.
— Straits Times (annoying popups)

Singapore luxury units see more interest from foreigners
Political and social tensions in the region are sparking renewed interest from ultra-high-net-worth foreign investors for luxury apartments in prime districts here.
— Straits Times (annoying popups)

Police warn about scammer impersonating CID officer
The police have alerted the public to a scam in which a caller impersonates a Criminal Investigation Department (CID) officer on the phone.
— Channel NewsAsia (very annoying popups)

New national dental centre set up to cope with demand for dental services
The National University Centre for Oral Health, Singapore (NUCOHS) officially opened on Friday (Jul 5), becoming the second national facility in Singapore to offer specialised dental health services.
— Channel NewsAsia (very annoying popups)

The problem with Singapore’s inequality denialism
It is not something that we should be bragging about – having worse income inequality than almost all OECD countries, other than the US and Mexico.
— The Online Citizen

International human rights lawyer, M Ravi gets back his practising certificate after four years
In a Facebook post on Friday (5 July), international human rights lawyer M Ravi announced that he has received back his practising certificate from the Supreme Court Registrar after four years.
— The Online Citizen

Singapore IT grads expecting 20% higher pay than business, engineering peers: poll
SALARY expectations among Singaporean students have been rising steadily year on year, with IT graduates expecting about S$4,500 per month, an annual survey by employer branding firm Universum shows.
— The Business Times

Historic but unprotected: Several pre-WWII places of worship flagged as being in critical need of protection
For almost 50 years until 1954, a jar filled with refreshing Chinese tea was placed outside Seng Wong Beo, a temple in Tanjong Pagar, for weary rickshaw pullers.
— Straits Times (annoying popups)

President lends a hand at briyani charity event
President Halimah Yacob and her husband, Mr Mohamed Abdullah Alhabshee, helped prepare a pot of fragrant briyani at Masjid Khalid yesterday, as part of the President’s Challenge Charity Briyani, an annual fund-raising event for the needy.
— Straits Times (annoying popups)

Merdeka Generation folders for 120,000 already sent out
About 120,000 Merdeka Generation (MG) welcome folders have been mailed to eligible Singaporeans as of last Thursday, Senior Minister of State for Health Amy Khor said yesterday.
— Straits Times (annoying popups)

New $778m complex for Buangkok in 2022
Buangkok residents at a neighbourhood carnival yesterday were given a first look at plans for a new complex in the area that will house a community club, retail spaces and private homes under one roof.
— Straits Times (annoying popups)

Mum in S’pore cries after teacher repeatedly apologises for small mistake in student’s grades, empathises teacher’s experience with other parents
A mum in Singapore shared her “disturbing” experience about a teacher who profusely apologised for a small mistake on her son’s scores, which made her question the teacher’s encounter with other parents.
— The Independent

World #2 S’porean powerlifter Thor Qian Qi writes Instagram captions visualising her wins beforehand
Without a doubt a true-blue Singaporean, she attained all this in the span of just two and a half years of training.
— Mothership

How to perform the perfect flypast
Sixteen seconds. That is about how long the crowd at the National Day Parade gets to see the state flag in all its glory during the flypast each year.
— Straits Times (annoying popups)

Female suspect in Orchard Towers murder gets support from online fans
Natalie Siow Yu Zhen, one of the suspects charged with the murder of a man at Orchard Towers, has gotten famous and garnered support from some users of the online community.
— The Independent

Shorter opening hours for some restaurants at Jewel Changi Airport
All eight restaurants on the fifth floor of Jewel Changi Airport as well as a bulk of the eateries on the Basement 2 level will have shorter operating hours starting Wednesday (Jul 10), a spokesperson for the development told CNA.
— Channel NewsAsia (very annoying popups)

Are Singapore Post Limited’s Shares Really Cheap Now After Plunging 30%?
Want to know whether it’s a good time to buy Singapore Post Limited’s (SGX: S08) stock now? Find out here.
— The Motley Fool

2 Cheap Singapore Stocks That Are Potential Buying Opportunities
Companies suffering from problems tend to trade at cheap valuations, but if these problems are temporary, investors should definitely take a second look.
— The Motley Fool

Sisters are hacking it for themselves
NETWORKING events that are organised exclusively for women in Singapore’s technology industry are on the rise, dispelling the prevailing view that women are unempowered in this male-dominated industry.
— The Business Times

GSK opens S$130m facilities in Jurong
PHARMACEUTICAL giant GlaxoSmithKline (GSK) unveiled a new, fully automated continuous manufacturing facility and an expanded production building at its Jurong site on Friday, worth a total of S$130 million.
— The Business Times

37-year-old Singaporean man arrested for peddling duty-unpaid cigarettes.
A 37-year-old Singaporean man was arrested for peddling duty-unpaid cigarettes in an operation conducted by Singapore Customs in Ang Mo Kio Avenue 4 on 2 July 2019.
— The Online Citizen

Institutional Investors Bought CapitaLand Commercial Trust’s Shares Recently. Should You Buy Now?
The big boys are buying shares of CapitaLand Commercial Trust (SGX: C61U). Should you follow suit and invest in this commercial REIT?
— The Motley Fool

Consumer credit company Experian invests in Grab’s Series H round
A global consumer credit company, has invested an undisclosed amount in Grab’s latest financing round, making it Experian’s fourth investment in Asia, as reported by Business Times.
— e27

Cooking delicacies for royalty and all of Singapore’s presidents
Since the time of Singapore’s first president Yusof Ishak, Mr Wong Shang Hoon has been a chef at the Istana.
— Straits Times (annoying popups)

Getting hitched? Here’s 16 useful tips from a wedding planner
Planning your dream wedding can either be a breeze or a major headache.
— The Independent

2 men charged over flying drones without permit near airbase in first such case
Two men were charged on Friday (Jul 5) over flying drones without a permit near an airbase in what is the first prosecution of its kind in Singapore.
— 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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