Singapore Morning News For August 17

Singapore Morning News For August 17
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Singapore morning newsMore SMEs investing in research & development
Investments by small and medium- sized enterprises (SMEs) in research and development (R&D) are growing at twice the pace it was in the past decade, Finance Minister Heng Swee Keat said yesterday.
The New Paper 

Analysts predict upside for wastewater-treatment firms
WASTEWATER treatment firms on the Singapore Exchange (SGX) have scored a flurry of contract wins lately, but with the sector currently out of favour among investors, these have barely moved their share prices.
The Business Times 

Startups get a fillip at one-north Festival
STARTUP activity was kicked up a notch on Wednesday, with the launch of the one-north Festival, a four-day celebration of entrepreneurship, innovation and research co-organised by the Agency for Science, Technology and Research (A*Star) and JTC.
The Business Times

Singapore schools to introduce e-learning portal from 2018
Students in Singapore will be able to access an online learning portal starting next year, the Ministry of Education (MOE) announced in a press release on Wednesday (Aug 16).
Channel NewsAsia 

Singapore SME business sentiment on the rise: survey
BUSINESS sentiment among Singapore SMEs (small and medium enterprises) has risen, at least according to this year’s Singapore Chinese Chamber of Commerce and Industry’s (SCCCI) annual business survey. This finding comes in spite of tough conditions for SMEs here such as global political risks, higher business costs and a tighter labour market.
The Business Times 

Singapore moves above HK in liveability for the first time: EIU survey
Singapore has become more liveable than Hong Kong, according to the latest Global Liveability Ranking released by the Economist Intelligence Unit (EIU) on Wednesday (Aug 16).
Channel NewsAsia

Serangoon North Avenue 1 residents see stepped up efforts to curb spread of Zika
Residents at Serangoon North Avenue 1 have seen efforts to curb the spread of Zika ramped up after a third cluster was reported in the area in less than a month.
Channel NewsAsia 

Two more suspects in extortion of Singaporean businessman arrested
Of the 10 suspects arrested, five are military officers, and one is a police officer. The gang leader was alleged by the police to be an army general attached to the Royal Thai Armed Forces headquarters, Maj Gen Jaroon Ampa.
— Thai PBS

SMRT’s new S$30m fund aims to help elderly, commuters with disabilities
An inclusive playground and a mobile clinic to bring physiotherapy services directly to the elderly are among the projects that rail operator SMRT will be sponsoring with its new S$30 million Gift of Mobility Fund.
Today Online 

ANA to open Japanese food court at Singapore airport
Airline operator ANA Holdings will set up a food court dedicated to Japanese fare in Singapore’s Changi Airport as early as November.
Nikkei Asian Review 

Singapore non-oil export growth up 8.5% in July
NON-OIL domestic export (NODX) growth rose 8.5 per cent year on year in July, extending the 8.8 per cent growth in June, according to trade promotion agency International Enterprise Singapore.
The Business Times 

Singapore: oBike raises $45m Series B round led by Grishin Robotics
Singapore-based bike sharing firm oBike has raised $45 million (S$61.55 million) in a Series B round led by Grishin Robotics to expand its dockless bike operations internationally. Other participants were an unnamed leading global transportation platform and several family offices based in Southeast Asia.

Commentary: Love of food, lack of activity leave Singaporeans vulnerable to diabetes
Last week, Prime Minister Lee Hsien Loong highlighted that Singapore must “go all out” to fight diabetes in his National Day message.
Channel NewsAsia

Heng urges companies to give innovation a boost
SINGAPORE companies are now spending more on research and development (R&D), but there is still more room to improve the innovation ecosystem within which they operate, Finance Minister Heng Swee Keat said on Wednesday.
The Business Times 

Four High Court judges appointed: Prime Minister’s Office
FOUR new judges of the High Court have been appointed by President Tony Tan Keng Yam on the advice of Prime Minister Lee Hsien Loong.
The Business Times 

Death of drunken man who fell onto LRT tracks ruled a ‘misadventure’
There were gaps in the way the rail operator monitored intrusions on train tracks, a coroner said yesterday, as he recorded a verdict of a “truly tragic misadventure” for the death of a man hit by two LRT trains in March.
Today Online 

New NTUC Income app lets motorists file accident reports
NTUC Income motor policyholders can now file accident reports through a new mobile application — saving them the hassle of going to the office to lodge one.
Today Online 

LTA checking if GrabHitch plans comply with regulations
Days after Grab announced it will offer its social-carpooling service GrabHitch as a secondary option to commuters on its JustGrab service, the authorities are evaluating if the move complies with the rules.
Today Online 

New tenants and an e-library after S$60m Century Square revamp
From lifestyle grocer Mahota Market and cinema operator Filmgarde to the first e-library in a mall, Century Square will boast a wider tenant mix when it reopens next year after a S$60 million facelift.
Today Online 

Flyers dispute Scoot’s claim that it employs a “rigorous cleaning schedule,” calling the airline’s planes “absolutely filthy”
Budget airline Scoot has been in the headlines lately after frequent flyer Jiamin Han took to Facebook to complain of several red bed bug bite marks on her arms and back that she noticed after taking a round trip flight between Singapore and Hong Kong via the airline.
The Independent Singapore 

IBM Reveals Blockchain Supply Chain Trial with Singapore Port Operator
A major port operator in Singapore has inked a deal to work with IBM and a regional shipping firm to test a new blockchain-based supply chain network.

Singapore telcos, financial players to help SMEs scale up digitalisation
In the efforts to provide small and medium-sized enterprises (SMEs) with easier access to digitalisation technologies, the Infocomm Media Development Authority (IMDA) tapped telco and bank players in Singapore to aid these smaller businesses.
Singapore Business Review


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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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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.

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