Singapore morning news for June 5

Singapore morning news for June 5

Singapore morning newsSingapore GDP growth to slow to 1.9% in 2019: ICAEW
IN LIGHT of renewed US-China trade tensions, South-east Asia is expected to see a greater slowdown in economic growth, with Singapore being most negatively affected and would likely dip into recession in 2020.
— The Business Times

New economic report projects recession may be on the horizon for Singapore
Singapore might have just been named the world’s most competitive economy – but no one can quite get the idea of a coming recession out of their heads.
— Coconuts Singapore

Local filmmaker asks IMDA to take action against Mothership video allegedly containing “biased political matter” about the PAP
Local filmmaker Martyn See has asked the Info-communications Media Development Authority (IMDA) to take action against a video produced and published by local website, Mothership.
— The Independent

Singapore to see sharpest slowdown in S-E Asia, says report
Singapore is expected to experience the sharpest economic slowdown in South-east Asia, with gross domestic product (GDP) growth slowing from 3.1 per cent last year to 1.9 per cent this year, as its export outlook deteriorates following more tariff hikes from the US and China, …
— Straits Times (annoying popups)

Singapore lifts 2010 ban on Japanese poultry imports
Singapore has lifted an import ban on Japanese poultry and other food items effective this month, enabling Tokyo to renew efforts to boost exports of farm and fishery products to Southeast Asia’s richest economy.
— The Japan Times

Asean must widen network of ties to cut its risks: Chan
It will take time to see progress in trade issues between the United States and China, and Asean can take steps to prepare for a potentially lengthy period of uncertainty by striking new partnerships, Trade and Industry Minister Chan Chun Sing said yesterday.
— Straits Times (annoying popups)

Singapore among top 10 exporters of creative goods: Unctad study
SINGAPORE came in 10th on a list of the world’s 10 largest exporters of creative goods, which are one of the fastest-growing sectors in the global economy.
— The Business Times

Reit listing candidates rethink flotation amid recent weak debuts
WEAKNESS among recent Reit debuts appears to have made potential issuers hold back plans, casting a pall over the Singapore initial public offering (IPO) market, which has been supported by Reit listings in the past one to two years.
— The Business Times

Two more Sota students diagnosed with chikungunya
Two School of the Arts (Sota) students are being treated for chikungunya fever after being diagnosed with the virus here, following a study trip to Thailand which saw many of their party taken ill.
— Straits Times (annoying popups)

S’porean fined $336k for insider trading on London bourse
The Monetary Authority of Singapore (MAS) said yesterday it has imposed a civil penalty of $336,000 on Singaporean Raphael Tham Wai Mun for insider trading in the shares of Auhua Clean Energy (ACE), which is listed on the London Stock Exchange.
— Straits Times (annoying popups)

HIV data leak in Singapore: Trial of Mikhy Brochez begins in Kentucky court
LEXINGTON, Kentucky: The US citizen charged with leaking 14,200 names from Singapore’s HIV registry and threatening further disclosures faced his first day of trial on Monday (Jun 3) in Kentucky, where the presiding judge refused his request to dismiss the case.
— Channel NewsAsia (very annoying popups)

ST Marine has yet to start building the Police Coast Guard boats after tender was awarded – why?
Back in November 2018, a Singapore shipbuilding company ST Marine was awarded a S$316 million for the construction and maintenance of 12 boats for the Police Coast Guard. However, after half a year since the contract was awarded, ST Marine has yet to build the boats. The contract term was for the …
— The Online Citizen

Online hiring in Singapore continues climb with 13% growth in April: Monster.com
ONLINE hiring in Singapore continued its climb in April with 13 per cent year-on-year growth, according to data from the Monster Employment Index (MEI) on Tuesday.
— The Business Times

Commentary: The US, China, a security dilemma and a way out in Singapore
If there is any bright spot from this year’s Shangri-La Dialogue, it’s the realisation that a small country like Singapore can play a useful mediating role with rich insights to give the US and China perspective to their relationship, says China commentator Tom McGregor.
— Channel NewsAsia (very annoying popups)

Panel discusses the building of smarter, more sustainable cities
CITIES need to build inter-agency partnerships and lose the silo mentality that gets in the way of their becoming smart cities, a group of panellists said at a forum on Tuesday.
— The Business Times

Invest in innovation, people and community for the future: Heng
TO BE good stewards of the future, businesses should invest in innovation, people and the community, said Deputy Prime Minister and Minister for Finance Heng Swee Keat on Tuesday.
— The Business Times

More interest in agrifoodtech as VCs warm up to impact investing
SECTOR-AGNOSTIC venture capital (VC) firms are getting more interested in impact investing, said panelists at the Future Food Asia conference, which explored challenges and opportunities in Asia’s agriculture and food space.
— The Business Times

Sudden bank account closures leave some Iranians here puzzled
A number of Iranians living here have had their accounts abruptly terminated by United Overseas Bank (UOB) with no explanation but some suspect it is linked to the United States re-imposing sanctions on the Middle Eastern nation.
— Straits Times (annoying popups)

SkillsFuture scam: Man jailed for laundering over $1m
A jobless man was jailed yesterday for his role in offences linked to a crime syndicate that perpetrated what has been described as the largest case of fraud against a public institution here.
— Straits Times (annoying popups)

Chee Soon Juan and fellow SDP leaders visit Google to discuss how the tech giant can support the party
Singapore Democratic Party (SDP) secretary-general Dr Chee Soon Juan revealed yesterday (3 June) that he paid a visit to the Google offices in Singapore with his fellow SDP leaders, to discuss how the tech conglomerate can support the party’s online communication needs, as the opposition …
— The Independent

Singaporean manufacturers anxious escalation of China-US trade tension will further affect trade
The US-China trade hostility, which is destroying growth chances in China and, by extension, Chinese demand for manufactured goods made in Singapore have made Singaporean producers jittery. Adding to this unease is the impending global collapse in technology demand which have made manufacturers in …
— The Independent

Embarrassing and risky: When parents share too much of their children online
‘Sharenting’ has become a social phenomenon, but what do youngsters have to say about it? What is at stake? Talking Point finds out.
— Channel NewsAsia (very annoying popups)

Coping one day and crying the next: Work-related burnout is real
SINGAPORE: One day at work, Ms Jamuna Raj was striking off “to-dos” from a neat hand-written list, thinking she had a lid on all her tasks at work. But the next day, she was bawling when her boss asked her if she was okay.
— Channel NewsAsia (very annoying popups)

Commentary: This Hari Raya Puasa and Dragon Boat Festival, open homes to friends of other religions and cultures
Singapore’s religious festivals allow us to celebrate diversity and common values, says Professor Lily Kong.
— Channel NewsAsia (very annoying popups)

Prominent undertaker pays ex-wife $1.4m and gets to keep shophouses
Prominent undertaker Roland Tay, who had waived charges for the funerals of several high-profile crime victims in the past, will own 100 per cent of two Lavender Street shophouses that are being used to run his casket company.
— Straits Times (annoying popups)

New initiative to help SMEs run franchises overseas
A new programme has been launched to help small and medium-sized enterprises (SMEs) expand and run franchises overseas.
— Straits Times (annoying popups)

NTU graduate buys & gives 10,000 oBike & ofo bikes to poor students in Myanmar
They won’t have to spend an hour to walk to school anymore.
— Mothership

All students infected with chikungunya during school trip to Thailand have returned to Singapore
SINGAPORE: All students and a teacher from the School of the Arts (SOTA) who contracted chikungunya during a school trip to Thailand have returned to Singapore.
— Channel NewsAsia (very annoying popups)

Cambodia’s Defence Minister, CPP lawmaker rebut PM Lee’s Vietnamese “invasion” remark
Cambodia’s Defence Minister Tea Banh and Cambodian People’s Party (CPP) legislator Hun Many have both openly rebutted Prime Minister Lee Hsien Loong’s remarks regarding the “invasion” of Cambodia by the Vietnamese military in its bid to oust the Khmer Rouge regime in …
— The Online Citizen

Honouring the memory of Singapore’s formidable freedom fighter Dr Lim Hock Siew
Commemorating the 7th anniversary of the death of Dr Lim Hock Siew, one of Singapore’s leading opposition leaders back in the early 60, Function 8 posted on their Facebook page a short essay by ex-political prisoner Teo Soh Lung. In their post, Function 8 described Dr Lim as ‘much feared by Lee …
— The Online Citizen

Jail for man who assaulted autistic boy ‘playing roughly’ near son
A father of two lashed out at a five-year-old autistic boy after seeing him playing roughly near his children in a sandpit.
— Straits Times (annoying popups)

Man investigated by police for lodging kidnapping report after falling for sex scam
A 20-year-old man is being investigated by the police for allegedly lodging a false police report after becoming worried his parents would find out he had fallen for a credit-for-sex scam.
— Channel NewsAsia (very annoying popups)

Businesses should be ‘good stewards of our future’: Heng Swee Keat
Singapore’s Deputy Prime Minister says leaders should invest in innovation, people and community for the long term, especially during this period when “change is happening ever faster”.
— Channel NewsAsia (very annoying popups)

Singapore woman’s two week shopping spree thwarted by three-dollar burger
Who would have known that a cheap convenience store burger would be the key to stopping a woman on an illegal shopping spree? A 30-year-old woman chanced upon a credit card she found in the women’s bathroom in Jurong East Mall. Instead of looking for the owner to return the credit card, the …
— The Independent

Retiree who punched SCDF paramedic gets 5-week jail sentence
A 64-year-old retiree who had too much to drink ended up with a five-week jail sentence on Monday, June 3, for punching a Singapore Civil Defence Force (SCDF) paramedic last October. In an incident that occurred towards midnight on October 29, 2018, at a nightspot in Clarke Quay, Staff …
— The Independent

 

Feature photo MoveHappy

This week’s Singapore morning news feature photo acknowledges World Bicycle Day, June 3.

 

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 40 years experience as a journalist, photographer, videographer, and copy editor.

He has spent extensive periods of time working in Africa and throughout Southeast Asia, with stints in the Middle East, the USA, and England.

He has covered major world events including Operation Desert Shield/ Storm, the 1991 pillage 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.

In the mid-80s and early 90s he owned JLF Promotions, the largest above and below the line marketing and PR firm servicing the high-technology industry in Australia. It was sold in 1995.

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