Singapore morning news for October 15

Singapore morning news for October 15

Singapore morning news

MAS reduces Singdollar appreciation rate ‘slightly’; first easing in over 3 years
It is the first time Singapore’s central bank has eased monetary policy in more than three years, and follows two rounds of tightening in 2018.
— Straits Times (annoying popups)

Singapore and Thailand top ranks in female CEO representation, Malaysia lags
Singapore has topped the charts globally for having the most number of female CEOs, according to a study by the Credit Suisse Research Institute (CSRI). Alongside Italy, both countries were tallied with 15% female CEO representation.
— Marketing

LTA incurs S$2 billion operating deficit in FY18/19, bus revenue not keeping up with expenditure
The Land Transport Authority (LTA) incurred an operating deficit of S$2.412 billion in financial year 2018/2019.
— Mothership

GDP growth to stay subdued, expansionary fiscal policy likely in next Budget: analysts
SINGAPORE may have skirted a technical recession – defined as two consecutive quarters of contraction – in Q3, according to flash estimates from the Ministry of Trade and Industry (MTI) on Monday morning.
— The Business Times

The S$NEER and its slope, width and centre: Questions about Singapore’s monetary policy
At its latest semi-annual review on Monday (Oct 14), the Monetary Authority of Singapore (MAS) made a slight reduction to the slope of its monetary policy band in a widely expected easing move.
— Channel NewsAsia (very annoying popups)

Slight dip in COE supply for November to January period
Car buyers will see a slight dip in certificate of entitlement (COE) supply for the November-January quota period, the Land Transport Authority announced Monday (Oct 14).
— Straits Times (annoying popups)

Singapore property investment sales more than double to $16.7b on quarter: Report
Real estate investment sales in the third quarter more than doubled to $16.74 billion from $6.7 billion in the previous quarter, on the back of big ticket office transactions.
— Straits Times (annoying popups)

DPM Heng Swee Keat in Chongqing with 4G leaders to meet top Chinese officials
Deputy Prime Minister Heng Swee Keat was treated to a dinner cruise along the mighty Yangtze River on Monday (Oct 14) after he arrived in the southwestern city of Chongqing to attend Singapore’s highest-level bilateral meeting with China.
— The Straits Times

$13m in public transport fund for the needy; observers say more can be done to help households benefit
A fund set up to disburse public transport vouchers (PTVs) has snowballed to $13 million, with another $9.8 million due to be injected over the next year.
— Straits Times (annoying popups)

Decision on JB-Singapore RTS Link to be announced by end-October
The decision to continue with the construction of the Johor Bahru-Singapore Rapid Transit System (RTS) project will be announced by the end of the month, Malaysia’s Transport Minister Anthony Loke said on Monday (Oct 14).
— Channel NewsAsia (very annoying popups)

Asian markets get trade lift, let down by China data; Singapore shares pare gains
Asian share markets pushed higher on Monday (Oct 14) as signs of progress in the US-China trade standoff whetted risk appetites, while pressuring safe-haven bonds and the yen.
— Straits Times (annoying popups)

George Clooney’s sister-in-law jailed 3 weeks & fined for drink-driving & other traffic offences in S’pore
This is not the first time Le Tallec has been charged with drink-drinking in Singapore.
— Mothership

The Big Read: With youths more open about mental health, it’s time others learn to listen
Three weeks into depression, 27-year-old Clement (not his real name) was told to “get over it”.
— Channel NewsAsia (very annoying popups)

Singapore’s rail operation and maintenance capabilities need to be expanded: Khaw Boon Wan
As Singapore’s rail network grows, the country needs to expand its local operations and maintenance capabilities, Minister for Transport Khaw Boon Wan said on Monday (Oct 14).
— Channel NewsAsia (very annoying popups)

20 people taken to hospital after accident along BKE
Twenty people were taken to hospital on Sunday (Oct 13) after an accident along the Bukit Timah Expressway (BKE) involving three vehicles.
— Channel NewsAsia (very annoying popups)

Singapore Shipping Association builds blockchain-based e-registry
A BLOCKCHAIN-BASED ship registration preparation system for international adoption is in the works, with hopes that it could reduce time, costs and the incidence of error and fraud in the ship-registration process.
— The Business Times

DPM Heng Swee Keat to co-chair top-level bilateral meet on 4-day visit to China
Deputy Prime Minister Heng Swee Keat will co-chair a top bilateral meeting with Chinese Vice Premier Han Zheng, as he embarked on a four-day visit to China on Monday (Oct 14).
— Channel NewsAsia (very annoying popups)

Bus driver in fatal Tuas crash charged with causing death by driving in negligent manner
A Malaysian man appeared in a Singapore district court last Saturday (Oct 12) after he allegedly drove a bus in a negligent manner in Tuas, leading to an accident that killed a production operator.
— Straits Times (annoying popups)

Moov granted licence to operate larger bicycle fleet of up to 10,000; fewer shared bikes parked improperly
The number of shared-bicycle users parking their bikes improperly has dropped significantly since regulatory measures were put in place this year, the Land Transport Authority (LTA) said on Monday (Oct 14).
— Straits Times (annoying popups)

Victims lose $110,000 in new loan scam where crooks pretend to be Law Ministry, MAS officers
A new twist of the loan scam has surfaced and victims have lost at least $110,000 since September, the Ministry of Law (MinLaw) and police warned on Monday (Oct 14).
— Straits Times (annoying popups)

Registrar of Muslim Marriages to step down after 14 years in the post, deputy to take over
Ustaz Syed Ahmad Syed Mohamed will step down on Oct 22 as the Registrar of Muslim Marriages after 14 years in the post.
— Straits Times (annoying popups)

Over 300 PMD riders, cyclists caught since riding ban in HDB void decks kicked in
Those who flout the rules can be fined up to $5,000 but there is a two-month grace period, until the end of this month.
— Straits Times (annoying popups)

Money FM Podcast: Amazon launches Singapore website, its first in South-east Asia
Henry Low, country manager for Amazon Singapore breaks down the demand for in Singapore, their focus in terms of product offering and how they deal with competition.
— Straits Times (annoying popups)

National Volunteer and Philanthropy Centre launches its vision of Singapore as City of Good
Breaking the taboo of discussing end-of-life issues, a law firm and community organisation worked together to help more than 120 senior citizens understand more about them.
— Straits Times (annoying popups)

Lawyer in missing S$33 million case receives 4 more charges of forgery, criminal breach of trust
The lawyer who went missing in May, along with more than S$33 million from a client’s escrow account, was charged with three more charges of forgery and one count of criminal breach of trust on Monday (Oct 14).
— Channel NewsAsia (very annoying popups)

Khaw Boon Wan calls for cost efficiency and to guard against biased regulatory regime for rail sector
A regulator working closely with the industry to advance consumer welfare is good. But a regulator getting too comfortable with the industry, neglecting consumer welfare, will be crossing a red line, he said.
— Straits Times (annoying popups)

S’pore PE fund first globally to secure financing tied to sustainability
A Singapore-based private equity (PE) fund has become the first in the world to secure financing for PEs that is tied to sustainability improvement, reflecting the rising interest from the financing sector in factoring in the environmental, social and governance (ESG) aspects in private capital.
— Straits Times (annoying popups)

In future, you could manage your own healthcare data
Healthcare records could be in the hands of individuals rather than institutions in years to come.
— Straits Times (annoying popups)

Trade deal hopes, earnings season to drive week ahead
The Singapore bourse may extend last Friday’s gains into this week as it continues to be buoyed by hope of a de-escalation in the trade war between the United States and China after both countries struck a partial trade deal.
— Straits Times (annoying popups)

Record $96b in long-term corporate debt issued here last year
A record volume of $96 billion in long-term corporate debt was issued in Singapore last year, up 7.8 per cent from the previous year.
— Straits Times (annoying popups)

S’pore’s China Embassy disputes Joshua Wong’s claims he’s not pushing for independence
The Chinese Embassy in Singapore has hit back at Hong Kong activist Joshua Wong, saying he is undermining the “one country, two systems” framework — Beijing’s red line that must not be crossed.
— Mothership

Man who drove against traffic in fatal AYE crash had acute psychosis at the time
The driver of a Mercedes Benz that barrelled down the Ayer Rajah Expressway (AYE) against the flow of traffic nearly three years ago, leaving one dead and four injured, was suffering from acute psychosis at the time, the High Court heard on Monday (Oct 14).
— Straits Times (annoying popups)

S’porean woman told to return $575k in CPF money belonging to late ex-husband
The High Court ruled that her late former husband’s second marriage had cancelled out her status as his nominee.
— Straits Times (annoying popups)

Siemens, Alstom to set up signalling simulation centres here: Transport Minister Khaw Boon Wan
Engineering groups Siemens and Alstom will be setting up signalling simulation centres for the Downtown and Thomson-East Coast lines in Singapore.
— Straits Times (annoying popups)

51-year-old man arrested for suspected drink driving along CTE
A 51-year-old man suspected of drink driving in the early hours of Oct 8 has been arrested, police said on Monday (Oct 14).
— Channel NewsAsia (very annoying popups)

Doctor allegedly caused patient’s death by rash act, accused of prescribing man cancer drugs without tests
A 75-year-old Singaporean doctor has been charged in the State Courts with the death of a patient, allegedly caused by tablets he had prescribed.
— The Straits Times

4 arrested for allegedly circulating obscene materials in SG Nasi Lemak Telegram chat group
Four male suspects, including two teenagers, have been arrested for their suspected involvement in circulating obscene materials and promoting vice activities through the SG Nasi Lemak Telegram chat group.
— The Straits Times

2 senior citizens among 7 men charged with molestation
Two senior citizens were among seven men in court on Monday (Oct 14) over molestation charges.
— Straits Times (annoying popups)

Dad’s lesson on resilience stays with medical grad
To this day, national hockey player Ishwarpal Singh Grewal vividly recalls returning home as a tearful 15-year-old, afraid to tell his father that he had failed to make the school’s hockey team.
— Straits Times (annoying popups)

Turning 73 and still surfing: Singapore grandpa travels regularly to ride the waves
With his sun-kissed complexion and easy-going demeanour, Singaporean Mike Eu certainly looks the part of the wave-addicted surfer dude.
— Straits Times (annoying popups)


Feature photo PolyU HKCC – Associate in Statistics and Data Science

This week’s Singapore morning news feature photo focuses on World Statistics Day, October 20.


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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