Singapore morning news for May 10

Singapore morning news for May 10

Singapore morning news

NSF charged for remaining outside of Singapore without valid exit permit
A national serviceman was charged on Thursday (May 9) for leaving and remaining outside of Singapore without a valid exit permit for a combined duration of more than five years.
— CNA (very annoying popups)

Financial services, healthcare among sectors to see strongest job growth in 2019: report
FINANCIAL services and healthcare are among sectors poised to see the strongest job growth in Singapore this year, the latest research by recruitment agency Kelly Services shows.
— The Business Times

Construction: Singapore remains 4th most expensive city in Asia
Singapore remains the fourth most expensive city in Asia to build in, according to an international Construction Costs 2019 report published by Arcadis.
— The Independent

Rules on HDB housing loans, CPF usage updated
As society ages, there is a risk that some people could outlive their home leases. Rules have now been updated to strike a balance between giving property buyers more flexibility, while ensuring their leases are long enough and their retirement funds sufficient.
— Straits Times (annoying popups)

Parliament passes Protection from Online Falsehoods and Manipulation Bill with minimum resistance
The controversial Protection from Online Falsehoods and Manipulation Bill was passed in Parliament yesterday evening (8 May) after a fierce debate that stretched out over two days.
— The Online Citizen

Singapore passes new law to police fake news despite concerns
After an intense debate, Singapore’s parliament has passed a sweeping “anti-fake news” bill despite concerns raised by journalists, academics and global technology companies over free speech and abuse of power.
— AL Jazeera

Singapore confirms imported case of monkeypox, patient quarantined
Singapore Thursday (May 9) confirmed one imported case of monkeypox infection in the republic.
— The Star Online

SAF showcases digital innovations designed to enhance NS experience
Nearly 40 smart technology projects were on showcase at this year’s Digital Innovation Day, organised by the Defence Ministry (MINDEF) and the Singapore Armed Forces (SAF) and launched on Thursday (May 9).
— CNA (very annoying popups)

SPH Chinese Media Group presents crosstalk production It Could Have Been____!
To mark Singapore’s bicentennial, Singapore Press Holdings’ (SPH) Chinese Media Group is presenting a Chinese crosstalk production on Singapore’s history.
— Straits Times (annoying popups)

Google says Singapore’s fake news laws may hurt innovation
Google said on Thursday (May 9) an anti-fake news law passed by Singapore’s parliament could stunt innovation, a quality that the city-state wants to nurture under plans to expand its tech industry.
–Today Online

More than a third of wealth management clients plan to switch providers in next 3 years: EY
More than a third of wealth management clients across Asia-Pacific have plans to switch providers over the next three years, the EY 2019 Global Wealth Research report found.
— The Edge Singapore

New incentives for rail commuters in congested areas who choose other modes of transport: LTA
A new initiative will be introduced later this year (2019) to get commuters along congested stretches of the rail network to choose alternative modes of transport, the Land Transport Authority (LTA) announced on Thursday (May 09).
— Straits Times (annoying popups)

Ministry of Health confirms case of imported monkeypox infection in Singapore
The Ministry of Health (MOH) has just issued a press release to confirm a case of imported monkeypox infection in Singapore. According to its press release on Thursday, the patient is a 38-year-old Nigerian who arrived in Singapore on 28 April and tested positive for the virus on 8 May.
— The Online Citizen

SIA, Changi Airport Group most sought after by Singapore job seekers: Survey
Singapore Airlines (SIA) has topped the list in a survey that asked people who they want to work for, with Changi Airport Group (CAG) in second place. Marina Bay Sands came in third.
— Straits Times (annoying popups)

“Pink like Food Panda,” netizens poke fun at NEA’s new vests
According to the National Environment Agency (NEA), almost 40,000 people were fined for littering in Singapore in 2018. Therefore, to serve as a deterrent, the NEA is requiring offenders to wear newly designed neon pink and yellow vests stamped with, you guessed it, “Corrective Work Order” in red print across the back.
— The Independent

Singdollar rises to new high against Aussie dollar since January
The Singdollar hit a five-month high against the sliding Aussie dollar on Thursday (May 9).
— Straits Times (annoying popups)

Centre for Healthcare Innovation opens
A new facility poised to play a key role in the ongoing transformation of Singapore’s healthcare sector was opened on Thursday (May 9).
— CNA (very annoying popups)

Doctor fined $100k: SMC appeals for lower penalty of not more than $20k
The Singapore Medical Council (SMC) has appealed for a more lenient sentence to be handed down to an orthopaedic surgeon, after a disciplinary tribunal had earlier slapped the maximum $100,000 fine on Dr Lim Lian Arn for failing to inform a patient about the side effects of a steroid injection.
— Straits Times (annoying popups)

Tech companies committed to working with Singapore to combat deliberate online falsehoods
Facebook, Twitter and Google on Thursday (May 9) said they are committed to working with the Singapore Government to manage the spread of misinformation.
— CNA (very annoying popups)

Life insurance industry sees 1% rise in new business premiums for Q1 to $937.2m: LIA
Singapore’s life insurance industry saw a 1 per cent growth in weighted new business premiums to $937.2 million for the first quarter of 2019, the Life Insurance Association Singapore (LIA) said on Thursday (MAY 9).
— Straits Times (annoying popups)

Maxi-Cash declares 55% increase in 1Q earnings to $2.8 mil on lower costs and expenses
Maxi-Cash reported 1Q19 earnings of $2.8 million, 55% higher than $1.8 million in 1Q18.
— The Edge Singapore

Singapore Spreads the Wealth
Singaporeans may be in line for some good news. The central bank’s decision to transfer S$45 billion ($33 billion) to the island’s sovereign wealth fund could push back an increase in the consumption tax.
— Washington Post

Singapore fake news law polices chats and online platforms
Singapore has passed a controversial anti-fake news law that gives authorities sweeping powers to police online platforms and even private chat groups.
— BBC

Dialogue key to fostering trust between Government and people: DPM Heng Swee Keat
For Singapore, the key to fostering trust between the Government and the people lies in dialogue, partnership and always keeping the promises it has made to the citizens, said Deputy Prime Minister Heng Swee Keat yesterday.
— Straits Times (annoying popups)

Laws to fight fake news passed, Workers’ Party rapped for opposing move
Wrapping up a two-day marathon debate on draft laws regulating fake news, Law and Home Affairs Minister K Shanmugam slammed the opposition Workers’ Party (WP) for using “stock phrases” and their limited understanding of the laws.
— Today Online

New firefighting system, VR training among upcoming initiatives unveiled by SCDF
Other new technologies the Singapore Civil Defence Force is introducing include new diving equipment for unlimited air supply and medical support vehicles.
— CNA (very annoying popups)

OUE C-REIT’s 1Q DPU rises 47.5% to 0.9 cent post OUE Downtown Office acquisition
The manager of OUE Commercial REIT (OUE C-REIT) has declared a 1Q19 distribution per unit (DPU) of 0.9 cent, rising 47.5% from its 1Q18 restated DPU of 0.61 cent after booking a full quarter’s contribution from OUE Downtown Office, which was acquired in Nov 2018.
— The Edge Singapore

Woman sees drone outside her 17th floor toilet window in Pasir Ris; Police investigating
The police are investigating after a Pasir Ris resident reported seeing a drone outside the toilet window of her 17th floor apartment.
— Today Online

MOH confirms first case of monkeypox in Singapore
The Ministry of Health has confirmed one imported case of monkeypox infection in Singapore, involving a Nigerian national who arrived last month for a workshop.
— Straits Times (annoying popups)

Netizens express sadness over the passing of fake news law in Parliament
After a two-day debate that lasted slightly over 14 hours, the controversial Protection from Online Falsehoods and Manipulation Bill (POFMA) has been passed in Parliament on Wednesday (8 May).
— The Online Citizen

Healthcare workers now have centre for innovation to turn ideas into prototypes
At Tan Tock Seng Hospital (TTSH), a prototype of a geriatric chair is currently being trialled for physical rehabilitation.
— Straits Times (annoying popups)

SingPost’s ongoing initiatives will take time to bear fruit, say analysts
UOB Kay Hian and OCBC Investment Research are maintaining their “hold” calls on Singapore Post (SingPost) with a $1.06 price target and $1 fair value estimate, respectively, after the group announced a 4Q19 loss of $75.1 million due to US business-related impairment charges and exceptional items.
— The Edge Singapore

80 media delegates from abroad visit new ST newsroom
About 80 journalists, editors and others from media companies around the world got a glimpse of The Straits Times’ newly renovated newsroom and saw what goes on behind the scenes of its new daily talk show, The Big Story, in its broadcast studio.
— Straits Times (annoying popups)

Singapore Airlines has just been crowned ‘Most Attractive Employer’ in Singapore again
For the fourth time, Singapore Airlines (SIA) has been named the company most Singaporeans want to work at by Randstad, a global human resources consultancy.
— The Business Insider

HDB resale volume rose by 16.5% in April, resale prices down 0.4%
Flash estimates from real estate portal SRX Property show that 1,931 resale flats were sold in April, up from 1,657 transactions the month before.
— Straits Times (annoying popups)

Singapore ‘playing for time’ in water dispute with Malaysia: Daim Zainuddin
Malaysian government adviser Daim Zainuddin has said neighbouring Singapore’s recent willingness to hold talks on the price it pays Kuala Lumpur for water – a long-standing sticking point – is a “major development” in the warming of ties after a diplomatic spat last year.
— Asia One

Indian origin cybersecurity startups seek Singapore funding
Two Indian-origin cybersecurity startups are planning to expand their base to Singapore and are in talks for funding with investors in the city-state for their concepts on preventing cyber attacks.
— Economic Times

Singapore confirms first case of monkeypox, patient’s close contacts quarantined
A case of imported monkeypox infection has been confirmed in Singapore.
— CNA (very annoying popups)

Khaw Boon Wan receives NTUC’s highest award, the Medal of Honour, from Ng Chee Meng
Minister in the Prime Minister’s Office and secretary-general of the National Trades Union Congress (NTUC) Ng Chee Meng, presented transport minister Khaw Boon Wan with the labour movement’s highest award – the Medal of Honour – at the NTUC May Day Awards ceremony.
— The Independent

30 individuals and organisations honoured at Singapore Tourism Awards 2019
In his 17 years in the customer service industry, Mr Mohamed Farham Mohamed Noh has dealt with a range of situations, but one particular one is etched in his mind.
— Straits Times (annoying popups)

Singapore passes ‘fake news’ law despite fierce criticism
Singapore’s parliament Wednesday passed laws to combat “fake news” that will allow authorities to order the removal of online content despite fierce criticism from tech giants and rights groups.
— The Online Citizen

Singapore may be prolonging water dispute till it becomes self-sufficient, Mahathir’s top adviser claims
Malaysia’s former finance minister Daim Zainuddin has claimed that Singapore could be stalling for time in its water dispute with Malaysia as the city-state will most likely be self-sufficient in its water supply when the present water deal expires in 2061.
— Today Online

Corporate structure for investment funds to be launched
A new corporate structure for investments funds that will put Singapore in the same league as other global fund hubs will be launched later this year, said Education Minister Ong Ye Kung yesterday.
— Straits Times (annoying popups)

Singapore O&G reports 15.5% earnings decline to $2.1 mil on higher operational expenses
Singapore O&G (SOG) has reported earnings of $2.1 million for 1Q19, down 15.5% from $2.5 million a year ago due to higher operational expenses.
— The Edge Singapore

Mural depicting folklore in Kampong Glam draws mixed reactions
A mural outside a historical building in Kampong Glam has sparked controversy because of its disturbing storyline.
— Straits Times (annoying popups)

Netizens dispute Edwin Tong’s claim that “the overwhelming majority of Singaporeans” want strong fake news laws
Several netizens have disputed Senior Minister of State for Law and Health, Edwin Tong’s recent claim that “most citizens” want strong fake news laws.
— The Independent

New CPF, HDB loan rules give buyers flexibility, may make older properties more attractive: Analysts
Rules for buying homes using Central Provident Fund (CPF) money and HDB housing loans will be updated on Friday (May 10) – a move “in the right direction” that will give home buyers here more flexibility, some industry watchers said.
— CNA (very annoying popups)

SCDF unveils new equipment to enable firefighters to climb higher, fight oil tank fires more efficiently
A ladder that can be extended up to 60m, or the height of a 20-storey building, is among the new array of equipment for the Singapore Civil Defence Force (SCDF) to improve its aerial operational capabilities and also respond better to oil tank fires.
— Straits Times (annoying popups)

 

Feature photo vaidehi shah

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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