Singapore morning news for November 13

Singapore morning news for  November 13
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Singapore morning news

Singapore retail sales down 2.2% in September for 8th straight monthly fall
SINGAPORE’S retail sales fell 2.2 per cent in September, in the eighth straight month of year-on-year decline, according to latest Department of Statistics figures on Tuesday. But this was slightly better than the 3 per cent fall predicted by economists.
— The Business Times

Singapore beats Tokyo and Sydney to take top spot in APAC investment market: ULI and PwC
Singapore now has the best investment prospects in the Asia Pacific region, according to a real estate forecast published jointly by the Urban Land Institute (ULI) and PwC on Tuesday (Nov 12).
— Business Insider

No more plastic straws at Koufu by April 2020
Koufu outlets will soon join the ranks of eateries that say no to plastic straws, starting with its school-based outlets.
— Yahoo News

Explainer: Why Amaravati project — touted as ‘S’pore of India’ — got scuppered and the impact on S’pore firms
When the Indian state of Andhra Pradesh needed a new capital city after it lost Hyderabad to another newly formed state in 2014, it looked to the city builders in Singapore for inspiration.
— Today Singapore

First BTO flats in Ang Mo Kio in 3 years set to be highly sought after
Ang Mo Kio is set to be the hot favourite in the latest Build-To-Order (BTO) launch as it is the first time in three years the mature estate will be getting new flats.
— Straits Times (annoying popups)

Economic growth and environmental protection not mutually exclusive: Chan Chun Sing
SINGAPORE: Pursuing economic growth and protecting the environment need not be mutually exclusive activities, according to Trade and Industry Minister Chan Chun Sing.
— Channel NewsAsia (very annoying popups)

Singapore to invest $2.7b in green funds
Singapore will invest US$2 billion (S$2.7 billion) in funds that have a strong green focus, as part of its ambition to be a leading centre for green finance in Asia and the world.
— The New Paper

Xavier: Singapore should be more open to Malaysia’s raw water price revision plan
Water, Land and Natural Resources Minister Datuk Dr A. Xavier Jayakumar asked Singapore to be more open towards Malaysia’s plan to revise its rate for raw water supply to the island nation.
— Yahoo News

Temasek to report air miles, paper, water usage in green push
Singapore state investor Temasek Holdings Pte will start reporting its air miles, water, paper and electricity usage from this financial year, according to Chief Executive Officer Ho Ching.
— The Edge

U.K.-based fintech unicorn Revolut, which debuted in Singapore in October, will not contest for a digital banking license.
Revolut has said it is bowing out of the race to secure a digital banking license in Singapore, citing high capital requirements.
— finews.asia

Singapore fintech firms grabs more than half of funding in Asean: Report
Financial technology firms in Singapore continue to grab the lion’s share of funding in Asean, according to a report by United Overseas Bank (UOB), PwC and the Singapore FinTech Association (SFA).
— The Edge

Advanced multi-role combat vessels ready by 2027
Singapore’s upcoming advanced multi-role combat vessels will be operational by 2027, navy chief Lew Chuen Hong said.
— Straits Times (annoying popups)

HDB launches 8,170 new flats in November sales exercise, includes 3 Tengah BTO projects
The Housing and Development Board (HDB) has launched 8,170 flats for sale under its latest Build-to-Order (BTO) and Sale of Balance Flats (SBF) exercise, it said in a press release on Tuesday (Nov 12).
— Channel NewsAsia (very annoying popups)

Johor’s needs to be prioritised in times of water crisis: Malaysian water minister
The Malaysian government will prioritise the water needs of Johoreans over those of outsiders in the event of a water crisis, said Water, Land and Natural Resources Minister Xavier Jayakumar on Tuesday (Nov 12).
— Channel NewsAsia (very annoying popups)

Central bank of France to set up first Asian office in Singapore
THE central bank of France – Banque de France (BDF) – will open an Asian office in Singapore in early 2020, its second office abroad after New York, it said in a joint press statement with the Monetary Authority of Singapore (MAS) on Tuesday.
— The Business Times

Singapore baggage handler jailed for swapping luggage tags
A Singaporean baggage handler has been jailed for 20 days for swapping tags on nearly 300 suitcases at the city-state’s airport, causing them to end up at wrong destinations around the world. Tay Boon Keh, 66, had pleaded guilty to charges of swapping the tags on 286 bags at Changi Airport, one of the world’s …
— The Online Citizen

Singapore’s salary increase for 2020 is predicted at 3% – and that’s already way higher than the world average
Singaporeans hoping for a huge salary jump next year year might be in for a disappointment, as the republic’s average salary increase is expected to be just three per cent after accounting for inflation, a new forecast claims.
— Business Insider

Singapore condo resale prices extend climb in October: SRX
RESALE prices for non-landed private residential properties in Singapore continued their rise in October following an increase in September, while volumes picked up from a slight dip, according to flash figures from real estate portal SRX Property on Tuesday.
— The Business Times

GIC, BlackRock buy UK gas pipeline firm Kellas Midstream
SINGAPORE sovereign wealth fund GIC and the world’s biggest asset manager BlackRock have inked a deal to buy Kellas Midstream from private equity firm Antin Infrastructure Partners.
— The Business Times

48% in S’pore say maids should be paid less than $600: poll
About half of Singaporeans polled think that foreign domestic workers (FDWs) should be paid less than $600 a month, according to a survey by UK-based research firm YouGov.
— Yahoo News

Malaysia downgrade deals another blow to flying safety in Asia
Malaysia’s aviation-safety downgrade makes Asia the region with the most markets where airlines are restricted from U.S. airspace.
— Yahoo Finance

Employers urged to tap experience of older workers
Insurer Prudential Singapore has received considerably more job applications from people in their 50s and 60s since it scrapped its retirement age last year, said chief executive Wilf Blackburn.
— Straits Times (annoying popups)

SGH job offer letters to people in India are fake, says hospital
Job offer letters bearing Singapore General Hospital’s (SGH) name and logo sent to people in India are fake, the hospital said on Monday.
— Straits Times (annoying popups)

Affected food delivery riders turn up at MPS to voice their grievances; MP Ong Teng Koon asks if they want to take up job as Singpost postman
Following the sudden ban of e-scooters on footpaths last week, one group that is badly affected is definitely the Personal Mobility Device (PMD) riders, especially those who use it as their livelihood tool like food delivery riders. As such, on Monday night (11 November), about 30 PMD riders gathered at Woodlands Avenue 5 to meet …
— The Online Citizen

104 children injured in traffic accidents in 1st half of 2019
A total of 104 children aged 12 or younger were injured in 90 tra-ffic accidents in the first half of this year.
— Straits Times (annoying popups)

E-scooter rider on food delivery admits colliding into pedestrian
An electric scooter rider admitted on Tuesday (Nov 12) to going above the speed limit and colliding into a pedestrian.
— Channel NewsAsia (very annoying popups)

Andhra Pradesh cancels project by Singapore consortium for Indian state’s new capital city
A project by a Singapore consortium to build part of a new capital city for the Indian state of Andhra Pradesh has been cancelled, said Singapore’s Ministry of Trade and Industry (MTI) in a press release on Tuesday (Nov 12).
— Channel NewsAsia (very annoying popups)

Commentary: Fear of missing out, loneliness may be behind record-breaking Singles’ Day sales
Is it time to reflect upon our extreme consumerism and think about what deeper psychological problems might undergird our purchases? The Singapore University of Social Science’s Dr Lau Kong Cheen certainly thinks so.
— Channel NewsAsia (very annoying popups)

SATS Q2 net profit falls 7.6%
AIRPORT and food services provider SATS on Tuesday announced that net profit for the second quarter ended Sept 30 fell 7.6 per cent on lower cargo volumes and investments in growth initiatives.
— The Business Times

PayNow added to Singapore’s unified e-payment QR code
E-payment service PayNow has been added to the list of e-payment options payable through the national unified payment QR code, the Singapore Quick Response code (SGQR) – a single QR code that contains multiple e-payment options.
— The New Paper

Fintech investments to get a boost with new industry-wide research platform
Even as fintech start-ups struggle to raise capital, investors and financial institutions bemoan the lack of access to information that can help them source companies that could be investment opportunities.
— The Edge

‘Every seed we sow is a seed of hope’
Mr Chai Kien Chin never dreamt he would become a farmer.
— Straits Times (annoying popups)

President’s Star Charity show raises $10.5m, a new record
This year’s President’s Star Charity show raised almost $10.5 million, breaking last year’s record of $8.3 million.
— Straits Times (annoying popups)

Early exposure to digital devices leads to behavioural issues in children with developmental problems: Singapore study
Early exposure to digital devices such as tablets, smartphones and video consoles could worsen emotional and behavioral difficulties among preschool children with neurodevelopmental disorders (NDDs) such as autism, a new study showed.
— Channel NewsAsia (very annoying popups)

Moving company director who scrimped on disposal fees fined for illegal dumping
SINGAPORE: A moving services company director who tried to scrimp on disposal fees ended up paying far more for illegally dumping bulky furniture.
— Channel NewsAsia (very annoying popups)

This Singapore Grab driver really needs a few more screens
A Grab driver is drawing a mix of praise and bewilderment for his impressive array of screens that allow him to monitor the road, enjoy a live symphony, and maintain home surveillance.
— Coconuts (paywall)

Firms must do more in greying S’pore: Paper
The private sector is slow in changing corporate culture to meet the needs of Singapore’s rapidly ageing population, putting firms at commercial risk, said an expert.
— Straits Times (annoying popups)

10 Most Luxurious Experiences Singapore
Despite the small size of the country, Singapore is reportedly home to 39 billionaires and is ranked third in the world for GDP per capita.
— Fodor’s Travel

 

Feature photo Ministry of Health, Singapore

This week’s Singapore morning news feature photo focuses on World Diabetes Day, November 14.

 

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).

 

 

About Singapore morning news.

Singapore morning news roundup is the most comprehensive hand-curated selection of Singapore English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Singapore English language news today.

We filter our the dull, the boring, the repetitive, and the click-bait and package all of the Singapore daily news that you need to know to start your day into an easy to read, time saving format of Singapore news headlines and first paragraphs before 8.15am Singapore time.

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Justhine De Guzman Uy completed a Bachelor of Arts Major in Mass Communication at New Era University, Quezon City, the Philippines in 2016

After graduation she worked at the Philippine Broadcasting Service performing transcription and business news writing, before moving to Eagle Broadcasting Corporation where she worked as a news editor, translator and production assistant.

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