Singapore morning news for October 24

Singapore morning news for October 24

Singapore morning news

Singapore’s core inflation in September hits more than 3-year low
Singapore’s core inflation gauge rose 0.7 per cent in September, slightly less than the previous month as it hit a more than three-year low, data showed on Wednesday (Oct 23).
— Channel NewsAsia (very annoying popups)

Singapore retains 21st spot in global soft power ranking
Singapore has emerged 21st among 30 nations in a global ranking on soft power, which measures countries on their ability to use persuasion and attraction to influence others in international relations.
— The Straits Times

China-Singapore FTA: Protocol to Upgrade Agreement in Effect from October 16
The protocol on upgrading the China-Singapore Free Trade Agreement (CSFTA) took effect on October 16, 2019.
— ASEAN Briefing

HDB reports S$2 billion deficit in latest financial year as fewer flats sold
The Housing and Development Board (HDB) saw its annual deficit rise to nearly S$2 billion in the 2018/19 financial year from S$1.7 billion the previous year, with the number of new flats sold falling significantly.
— Channel NewsAsia (very annoying popups)

Will flying taxis take off in Singapore? Many issues may arise but there’s an upside to being the first
A flying taxi went for a public test spin in the Marina Bay area on Tuesday for 21/2 minutes, making history in the Republic’s ambition to own the smart mobility narrative.
— The Straits Times

WP chief Pritam Singh posts correspondence with PA to bolster ‘double standards’ claim
Workers’ Party chief Pritam Singh on Wednesday (Oct 23) made public his communications with People’s Association (PA) grassroots leaders, continuing a dispute over a barrier-free access ramp that took seven years to complete.
— The Straits Times

Singapore must adapt to rising sea levels by basing policies on science: Amy Khor
The seas are rising faster than expected, and Singapore is getting ready to adapt to the consequences.
— Straits Times (annoying popups)

Job security now a priority for Singapore workers besides salary, work-life balance: Survey
Compensation is the top consideration when people here consider changing jobs but employment security also figures highly, a new survey noted on Wednesday (Oct 23).
— Straits Times (annoying popups)

Incorporating a Company in Singapore: A Guide for Foreign investors
Incorporating a company in Singapore is a cost-effective and efficient process, allowing investors to concentrate on pursuing their business opportunities across the region.
— ASEAN Briefing

IMF cuts Singapore growth forecast to 0.5% in 2019
THE International Monetary Fund (IMF) on Wednesday cut its growth projection for Singapore to 0.5 per cent in 2019, down from an earlier estimate of 2 per cent in July, due to strong export headwinds and the downturn in electronics.
— The Business Times

Singapore to lead digital trade efforts and shape new digital trade architecture: Iswaran
Singapore is actively partnering like-minded countries and organisations on digital trade efforts, in order to stay nimble in its international trade strategy, said Minister-in-charge of Trade Relations S. Iswaran.
— Straits Times (annoying popups)

SUTD to offer tuition grant and bursary award to students who need financial help
The Singapore University of Technology and Design (SUTD) will be offering students from low-income families a new tuition grant and bursary award, so they are not deterred from higher education.
— Straits Times (annoying popups)

9 importers fined $24,200 for illegally importing fresh vegetables and processed food
Nine importers were fined $23,000 on Wednesday (Oct 23) for illegally importing fresh vegetables.
— Straits Times (annoying popups)

Singaporeans jobs and salaries improve with each generation says MOF report; could Sandwich Generation concerns remain?
A recent Ministry of Finance (MOF) report states younger generations get higher salary and better employment than older groups, but could they still end up as the next Sandwich Generation?.
— The Online Citizen

Driverless cars will reduce but not eradicate congestion, road deaths, say experts
Autonomous vehicles will not eradicate congestion or road deaths, according to experts speaking at the 26th Intelligent Transport Systems World Congress here.
— Straits Times (annoying popups)

Singaporeans advised to defer non-essential travel to Chile: MFA
Singaporeans should defer non-essential travel to several cities in Chile in the light of ongoing protests while those already there are advised to take precautions, the Ministry of Foreign Affairs (MFA) said on Wednesday (Oct 23).
— Straits Times (annoying popups)

President Halimah looking forward to working with Japan’s Emperor Naruhito to further strengthen ties
Singapore President Halimah Yacob – who is in Japan this week to attend the enthronement ceremony of Emperor Naruhito – said that she is looking forward to strengthening bilateral relations with Japan in the years to come.
— Channel NewsAsia (very annoying popups)

Big firm products top worst plastic litter list: Report
Tens of thousands of pieces of plastic littering the planet come from just a handful of multinational corporations, an environmental pressure group said Wednesday.

Hotels join forces with union to redesign jobs and train workers
A group of 18 hotels signed agreements with a union on Wednesday (Oct 23) to work together on redesigning jobs and training workers in their hotels.
— Straits Times (annoying popups)

Autonomous scooter developed in Singapore all set to go on the market
An autonomous scooter designed by a team of researchers in Singapore is now ready to go on the market.
— Straits Times (annoying popups)

Dr Tan Cheng Bock asks Singaporeans to play their part to ensure fair election by volunteering to be counting and polling agents
Former presidential candidate and Progress Singapore Party (PSP) secretary-general Dr Tan Cheng Bock took to his Facebook on Wednesday (23 October) to encourage Singaporeans to sign up as Polling and Counting Agents for the party at the next general elections.
— The Online Citizen

Dozens from nature community turn up in green in final farewell to wildlife consultant Subaraj Rajathurai
Wildlife consultant Subaraj Rajathurai so loved nature, he and his wife named their two sons after species of birds – Serin, 24, and Saker, 19.
— Straits Times (annoying popups)

COE premiums for smaller cars fall the most in latest bidding exercise
Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Oct 23).
— Channel NewsAsia (very annoying popups)

Tencent, NUS to launch cloud-focused incubator programme for Singapore start-ups
Chinese Internet giant Tencent Holdings and the National University of Singapore (NUS) will jointly set up a programme to support entrepreneurs and incubate start-ups in Singapore.
— Straits Times (annoying popups)

SPCA lodges report over seafood restaurant’s live crab claw machine
The Society for the Prevention of Cruelty to Animals (SPCA) Singapore has reported a seafood restaurant for its use of a claw machine used to catch live crabs.
— Channel NewsAsia (very annoying popups)

Is DBS Group, United Overseas Bank, or Oversea-Chinese Banking Corp the Cheapest Singapore Bank Now?
Which of Singapore’s three local banks has the lowest valuation now?
— The Motley Fool

NUS research in 3D-printed biomedical implants receives German boost
erman testing, inspection and certification company TUV SUD has signed a memorandum of understanding with the National University of Singapore (NUS) Centre for Additive Manufacturing to promote research and development into 3D-printed biomedical implants.
— Straits Times (annoying popups)

Do property agents act in their clients’ best interests? Industry players respond to criticism
The professional standards of property agents have improved over the years, industry players said following online criticism that some agents fall short when it comes to helping their clients and acting in their best interests.
— Channel NewsAsia (very annoying popups)

Couple allegedly lived on prostitution earnings of dancer ‘coaxed’ to provide sexual services
A husband-and-wife pair allegedly lived on the prostitution earnings of a Bangladeshi woman originally hired to work as a dancer in a club the man managed.
— Straits Times (annoying popups)

Lawyer fined $50,000 for breaching rules that safeguard money for property deals
A veteran lawyer was fined $50,000 on Wednesday (Oct 23) for breaching rules that were put in place to safeguard monies held by law firms on behalf of the parties of property transactions.
— Straits Times (annoying popups)

Former DBS loan officer among 3 charged with defrauding banks
A former loan officer at DBS Bank who conned his victims into applying for loans and then having those loans transferred to his own bank account was among three finance professionals charged on Wednesday (Oct 23) for a variety of crimes.
— Channel NewsAsia (very annoying popups)

Traffic Police undertake covert operation to nab errant motorists
Two motorcyclists who were riding against the flow of traffic on the Seletar Expressway were stopped by police officers who were in the process of dealing with another motorcyclist who had been caught speeding.
— Straits Times (annoying popups)

Devotee in stable condition after falling into fire pit while fulfilling vows: HEB and temple
A devotee tripped and fell into a fire pit while fulfilling his vows on Tuesday (Oct 22) at the Sri Mariamman Temple in Chinatown, the Hindu Endowments Board (HEB) and the temple said on the same day.
— Straits Times (annoying popups)

Bank staff receive public spiritedness awards for foiling scams
Her mission from Interpol was simple: Withdraw the $64,000 that had been deposited into her bank account, and pass it to an Interpol officer.
— Straits Times (annoying popups)

Health Check Podcast: How to treat and prevent kidney stones
In this fortnightly podcast series on Wednesdays, The Straits Times guides you to healthier living and debunks misconceptions with medical experts.
— Straits Times (annoying popups)

3 financial sector professionals charged with cheating banks of more than $3.6 million
Three professionals from the financial sector were charged in court on Wednesday (Oct 23) with cheating, criminal breach of trust and money laundering offences committed between 2009 and last year.
— Straits Times (annoying popups)

More support for businesses with new ideas that might cut across different regulatory boundaries
A new service has been set up to help businesses develop new ideas that they have devised.
— Straits Times (annoying popups)

Sengkang Grand Residences apartments to launch at prices starting from $798,000
Developers CapitaLand and City Developments (CDL) will launch the residential development at their integrated development Sengkang Grand Residences at prices starting from $798,000 for one-bedroom plus study units, they said on Wednesday (Oct 23).
— Straits Times (annoying popups)

Singapore-based Snack Empire in wild Hong Kong IPO with 188% gain turned to loss in under an hour
Investors in a snack maker’s initial public offering in Hong Kong were sitting on losses just minutes after watching the shares almost triple.
— Straits Times (annoying popups)

Temasek looks to takeover Keppel with a S$4.1 billion bid for another 30.55% shares
As trading in Keppel Corporation Limited shares was halted on 18 October, Temasek Holdings announced its intentions to make a partial offer to acquire an additional 30.55% of shares in Keppel at S$7.35 per unit.
— The Online Citizen

Suntec Reit Q3 DPU drops 5.1% to 2.365 cents on enlarged unit base
Suntec Reit on Wednesday (Oct 23) posted a 5.1 per cent drop in distribution per unit (DPU) to 2.365 cents for its third quarter ended Sept 30, from 2.491 cents a year ago.
— Straits Times (annoying popups)

Motorcyclist dies after falling and getting run over by a lorry on KJE
A 48 year-old motorcyclist died on Wednesday morning (Oct 23) after he was involved in an accident with a lorry along the Kranji Expressway (KJE).
— Straits Times (annoying popups)

S’pore primary school boy asks dad why is he talking to opposition politicians if they’re ‘bad’
The anecdote was shared by Yee Jenn Jong, a WP politician.
— Mothership

Sembcorp Marine shares up 3% at midday on Keppel-fuelled rally
Sembcorp Marine (SembMarine) advanced by as much as 5.2 per cent during on Wednesday (Oct 23), hitting a three-month high as interest in the offshore and marine (O&M) player continues to build steam after Monday’s partial offer by Temasek to take its stake in conglomerate Keppel Corp to 51 per cent.
— Straits Times (annoying popups)

Man arrested after cartons of coriander stolen from wholesale centre
A 24-year-old man was arrested on Tuesday (Oct 22) after he was suspected of a series of thefts from a wholesale centre.
— Channel NewsAsia (very annoying popups)

Helpful cabby and quick-thinking commuter among those lauded at Transport Gold Awards
As a taxi driver of almost 20 years, Dhanabalan S/O Shunmugam has quite the keen eye for noticing when a customer is in need of his assistance.
— The Pride

Commuter who helped a woman after she fell in the train given first Caring Commuter award
Ms Jessie Lee, 62, was in a crowded MRT train at 7pmon July 10 when the train jerked and she fell to the ground.
— Straits Times (annoying popups)


Feature photo Biblioasia

This week’s Singapore morning news feature photo focuses on World Day for Audiovisual Heritage, October 27.


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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