Singapore morning news for October 17

Singapore morning news for October 17

Singapore morning news

NTUC eyes new taskforce to protect workers at ‘pre-retrenchment’ phase, sets 1.5 million membership goal
With those in their 40s and 50s increasingly worried about losing their jobs amid economic uncertainties, the National Trades Union Congress (NTUC) will set up a new work security taskforce to offer older workers better protection.
— Channel NewsAsia (very annoying popups)

Wheelchair users can board nearly all public buses, with unveiling of new electric bus
Boarding a bus in a wheelchair has become even easier.
— Straits Times (annoying popups)

Chief Justice Menon: International rule of law lies at the heart of S’pore’s foreign policy
An alternative where brute force dictates, rather than reason and justice, spells doom for much of humanity.
— Mothership

MAS to step up supervision of virtual assets in ‘major’ undertaking
THE Monetary Authority of Singapore (MAS) is stepping up with its supervisory and surveillance moves to proactively detect unlicensed activities involving digital payment tokens, said a senior regulator on Wednesday.
— The Business Times

Singapore guards itself against populist forces by focusing on basic needs: PM Lee Hsien Loong
Populism has become an issue in many countries, and Singapore has tried hard to guard itself against this by having a government which focuses on the basic needs of its people, Prime Minister Lee Hsien Loong said yesterday.
— The Straits Times

Commentary: Challenging racism starts in the family
The associations children make about people different from themselves are based on cues they pick up from trusted adults around them, say the Institute of Policy Studies’ Mathew Mathews and Shane Pereira.
— Channel NewsAsia (very annoying popups)

Queenstown could get 5,000 new HDB flats by 2027
About 2,060 of these homes in two developments could be launched as early as 2021 or 2022, according to tender documents.
— Straits Times (annoying popups)

Singapore and the US sign pact to cooperate on infrastructure finance and market building
Singapore and the United States inked a pact to strengthen cooperation in infrastructure finance and debt market development for infrastructure financing on Thursday (Oct 17).
— The Straits Times

Paw patrol: First batch of Certis auxiliary police K-9 sniffer dogs certified for deployment
Five auxiliary police K-9 sniffer dogs are ready to take on their first assignment this month after being certified, security services provider Certis said in a news release on Wednesday (Oct 16).
— Channel NewsAsia (very annoying popups)

30% seeking shorter-term government aid rejected
About 30 per cent of those applying for short-to medium-term government financial aid were rejected in the past three years, although almost all the requests for long-term assistance were approved.
— The Straits Times

EDB chief repeats Singapore’s call for countries to work together
THE global political pendulum is swinging away from right-wing nationalism, but governments must still commit to work together to avoid lasting damage, a top Singapore policymaker has reiterated.
— The Business Times

Catering firm fined $5,000 after cockroach infestation found; earlier suspension lifted, says SFA
A catering firm was fined $5,000 on Wednesday (Oct 16) after the Singapore Food Agency (SFA) found several lapses at its premises, including cockroach and housefly infestations, during a routine inspection in June.
— Straits Times (annoying popups)

Former Chief Justice Chan Sek Keong calls for review of Section 377A, says law is outdated
Former Chief Justice Chan Sek Keong has called for the constitutional validity of Section 377A, which criminalises sexual acts between men, to be reviewed.
— Channel NewsAsia (very annoying popups)

3,000 cartons of contraband cigarettes seized at Tuas Checkpoint in three days: ICA
More than 3,000 cartons of contraband cigarettes were seized at Tuas Checkpoint by the Immigration and Checkpoints Authority (ICA) officers between Saturday (Oct 12) and Monday.
— Straits Times (annoying popups)

Yio Chu Kang Bus Interchange expansion partially complete, bus services relocating
The new extension of the Yio Chu Kang Bus Interchange has opened, with several bus services progressively moving to the new area, the Land Transport Authority (LTA) said in a news release on Wednesday (Oct 16).
— Channel NewsAsia (very annoying popups)

Service, manufacturing firms may need foreign labour stance to ease amid economic uncertainty
Growing sectors like technology will also need skills that the local talent pool may not necessarily offer, economists said.
— Straits Times (annoying popups)

Singapore property buyers increasingly taking ‘wait-and-see’ approach: Poll
When it comes to property prices, eight in 10 of those polled say private homes in Singapore are still too expensive, despite the July 2018 cooling measures.
— Straits Times (annoying popups)

500 data protection officers to be trained to safeguard company data
Four data protection-related courses run by NTUC LearningHub will be launched this month.
— Straits Times (annoying popups)

Singapura Finance to pay $6.9m for 1.6% stake in mobile payments firm MatchMove Pay
Mainboard-listed Singapura Finance will pay US$5 million (S$6.9 million) for a 1.6 per cent stake in the enlarged share capital of homegrown digital payments firm MatchMove Pay.
— Straits Times (annoying popups)

Pound surges, Singapore and Asia shares cheered by Brexit deal hopes
The pound surged overnight and Asias shares rose on Wednesday (Oct 16) as investors looked to whether Britain can secure a deal to avoid a disorderly exit from the European Union.
— Straits Times (annoying popups)

Wirecard, whose Singapore office was raided in February, rejects latest FT allegations of inflated sales
Germany’s Wirecard rejected allegations of impropriety on Tuesday (Oct 15) after the Financial Times (FT) newspaper published documents on the company’s accounting practices which it said appeared to indicate an effort to inflate sales and profits.
— Straits Times (annoying popups)

DBS to be first Singapore bank to act as settlement agent for China bonds
DBS Bank will be granted a settlement agent licence by the People’s Bank of China (PBOC) that will permit Singapore’s largest bank to trade, settle and provide custody for China’s interbank bond market instruments on behalf of foreign investors, the Monetary Authority of Singapore (MAS) said on Tuesday.
— The Business Times

Workers won’t be alone as economy transforms: PM Lee
As industries transform and Singapore charts an uncertain future, workers will not be left to fend for themselves, Prime Minister Lee Hsien Loong said yesterday.
— Straits Times (annoying popups)

Students juggle work and school with SkillsFuture Work-Study Degree Programme at SIT
In his final year of university, Mr Chua Kah Sheng was attending school for only half a day each week.
— Straits Times (annoying popups)

Drunk New Zealander jailed in Singapore for biting policewoman
A New Zealand woman has been jailed in Singapore for six and half months for biting a policewoman’s arm after a drunken night out while visiting her sister.
— Channel NewsAsia (very annoying popups)

PMD riders messing it up set to techno music is peak S’pore street culture
What is high-octane techno music without high-octane visuals?
— Mothership

Pitch invaders from recent football matches handed over to police: Singapore Sports Hub
All pitch invaders from recent football matches held at the Singapore Sports Hub have been handed over to the police, the Sports Hub confirmed on Wednesday (Oct 16).
— Channel NewsAsia (very annoying popups)

Primary school vice-principal who committed sexual acts on underage boy sentenced to 10 years’ jail
He had started performing sexual acts on a male pupil, who was the school’s vice-head prefect, when the boy was just 14 years old.
— Straits Times (annoying popups)

Former NMP Mary Liew re-elected as NTUC president
The labour movement re-elected former Nominated Member of Parliament (NMP) Mary Liew to lead the National Trades Union Congress (NTUC) as president on Wednesday (Oct 16).
— Straits Times (annoying popups)

First batch of 9 firms chosen to create solutions for tourism industry under STB accelerator
The Singapore Tourism Board (STB) has announced its accelerator’s first cohort of nine companies which were chosen from a pool of more than 160 applicants.
— Straits Times (annoying popups)

soCash in tie-up to offer cardless currency exchange service to tourists from Japan
Fintech start-up soCash said on Wednesday (Oct 16) that it is entering the foreign exchange (FX) market through a global partnership with Japanese card issuer JCB Co.
— Straits Times (annoying popups)

Sexuality education external vendors not used since 2017: MOE
For many who have been through Singapore’s education system, sexuality classes involved workshops with external counsellors, social workers or healthcare professionals, where students were given lessons on how to build healthy relationships and steer clear of sexually transmitted infections.
— Channel NewsAsia (very annoying popups)

RedDoorz gunning for IPO, and making expansion a priority
SINGAPORE-based hotel booking and management platform RedDoorz is shooting to be Ebitda-positive by 2023.
— The Business Times

GIC, KKR buy 42.5% stake in Philippines’ biggest hospital chain for 35b pesos
SINGAPORE’S sovereign wealth fund GIC and private equity giant KKR will take a 42.5 per cent stake in the Philippines’ largest operator of private hospitals and healthcare services, Metro Pacific Hospital Holdings (MPHH).
— The Business Times

2 Chileans who used soya sauce ruse in attempted theft get jail
Two Chileans came to Singapore with a plan to steal from people here and it entailed using soya sauce to accidentally stain their clothes.
— Straits Times (annoying popups)

Former Saudi Arabia embassy good class bungalow site in Nassim Road on sale for over $175m
40 Nassim Road is located in the most prestigious GCB enclaves, where many mansions are occupied by embassies, high commissions, business tycoons and ultra-high net worth families.
— Straits Times (annoying popups)

Atlantic Navigation queried by sponsor after share price plunged 45%
Catalist-listed Atlantic Navigation has been queried by its sponsor SAC Capital on its Oct 11 trading activity which saw its shares plunge $0.035 or 44.9 per cent to $0.043.
— Straits Times (annoying popups)

82-year-old Auntie Rose can’t imagine life without her neighbours
82-year-old Auntie Rose may live alone at her Dover Road flat, but life is never dull or lonely with her elderly neighbours around.
— The Pride

Mapletree Commercial Trust launches placements to raise at least $902.3m for acquisition
Mapletree Commercial Trust (MCT) has proposed an equity fundraising comprising of 406.5 million new units to raise at least $902.3 million, to partially fund its $1.55 billion acquisition of Mapletree Business City (Phase 2), it said on Wednesday (Oct 16).
— Straits Times (annoying popups)

Keppel Capital unit and Allianz to buy stake in Beijing office complex for $1.3b
Keppel Capital unit Alpha Investment Partners is jointly acquiring an 85 per cent interest in a Grade A office complex in Beijing with Allianz Real Estate for $1.3 billion.
— Straits Times (annoying popups)

Ayondo hires TradeHero co-founder Dominic Morris as CTO, interim CEO after management exodus
Catalist-listed trading platform developer Ayondo on Tuesday named Dominic Anthony Morris as chief technology officer (CTO) and concurrently the interim chief executive officer (CEO), following a flood of senior executive departures in recent months.
— 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.

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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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