Singapore Morning News For August 28

Singapore Morning News For August 28

Singapore morning news

GIC invests US$1.4b in joint venture with Indian developer DLF
SINGAPORE sovereign wealth fund GIC is investing US$1.4 billion in a landmark joint venture with India’s leading real estate developer DLF Ltd, in one of the largest private equity transactions in India in the real estate space.
The Business Times 

Govt will seek to ensure no one is left behind in cashless drive
In a bid to create a cashless society as part of the Smart Nation vision, the Government will study ways to make the process inclusive so that some segments of the population, such as the lower-income and the elderly, are not left out.
Today Online

Residents try out new e-registration system to be used at Presidential Election
More than 150 people turned up at Tiong Bahru Community Centre on Saturday (Aug 26) to try out a new electronic registration system which will be used for the upcoming Presidential Election.
Channel NewsAsia 

3D digital platform Virtual Singapore to be launched next July
The S$73 million technology is considered to be an accurate representation of the physical world Singaporeans live in.
Channel NewsAsia (video)

Singapore’s Changi is the face of future airports
Passengers’ baggage is collected by robots, they relax in a luxurious waiting area complete with an indoor garden before getting a face scan and swiftly passing through security and immigration — this could be the airport of the future.
Arab News 

AEC News Today mobile app for Android V2.0

S’pore unit makes 95% of global leader’s products
CONSTANT innovation is the key to the success of Sciex, the global leader in mass spectrometry. The billion-dollar firm supplies over 30 per cent of the world’s market for mass spectrometers.
The Business Times 

Singapore state IT group forced to intensify focus overseas
Deprived of a Singapore government contract that accounted for a fifth of its turnover, state-controlled CrimsonLogic is refocusing on sales of its information technology services to governments in emerging markets, especially in Africa.
Nikkei Asian Review

Face scans, robot baggage handlers to greet passengers
Passengers’ baggage is collected by robots, they relax in a luxurious waiting area complete with an indoor garden before getting a face scan and swiftly passing through security and immigration — this could be the airport of the future.

20% with diabetes under 40 years old
The rate goes up to three in 10 for those aged 60 and above, prompting Prime Minister Lee Hsien Loong to flag the issue at the National Day Rally.
The New Paper 

Open an upmarket gastrobar in Cambodia? She’s the Singaporean who dared
When Singaporean Nicole Chiang first uprooted to Cambodia five years ago with her husband, she was living the good life as an expatriate wife – spending time in massage treatments, spas and tea with her new friends.
Channel NewsAsia 

US life science company’s team here developed key cloud-enabled product
US-BASED life science company Thermo Fisher Scientific, which produces life science instruments in Singapore for the global market, has expanded its presence in Asia-Pacific and emerging markets in the last few years to more than 20 per cent of the total global revenue.
The Business Times 

S’pore electric supercar shows blossoming of what country can do
THE stunning Singapore-designed and owned Vanda Dendrobium electric hypercar is back home and you can buy it from VinCar for “a few million euros”. Before taxes, of course.
The Business Times 

More community centres could be repurposed to offer specialist programmes
In the coming years, more community centres here could be repurposed to become specialist centres providing targeted programmes and activities catering to the needs of specific groups, People’s Association (PA) deputy chairman Chan Chun Sing said Sunday (Aug 27).
Today Online 

NTU start-up’s app could shake up e-commerce industry
Thanks to a new mobile application called HEY! Shake, this interaction – between a bigger screen and a smaller one using sound patterns – could soon be used by marketers and e-commerce platforms.
The New Paper 

MOE to share teaching, learning resources with pre-school sector
News of the Ministry of Education (MOE) plan to run 50 kindergartens by 2023 – announced at the National Day Rally – has prompted some parents and industry observers to fear that this will mean more academic pressure for pre-schoolers.
The New Paper 

Raising funds for agritech in Asia very difficult, says ID Capital’s Isabelle Decitre
Food and agritech-focused venture capital firm ID Capital, founded in 2012 by long-time luxury and beverage industry professional Isabelle Decitre, says it is currently focusing on building a community and an ecosystem around the sector which in Asia seems to be too scattered. In fact, the deal flow in the segment is also very fragmented, Decitre told DEALSTREETASIA in an interaction last week.

Singapore, Japan collaborate on art, fashion, food for Singapore: Inside Out
Collaborative works between Singapore and Japan feature in Singapore: Inside Out, a Singapore Tourism Board series that will travel to Sydney next
The Straits Times (paywall)

Singapore Airlines warns of free tickets phishing scam
If you have received an e-mail telling you that Singapore Airlines is giving away free tickets for its 70th anniversary, be on your guard.
The New Paper 

HDB to hold roadshows for all new BTO homeowners
Following a year-long pilot, the Housing and Development Board (HDB) will now make roadshows aimed at helping flat-owners settle in their new homes a permanent fixture in all Build-To-Order (BTO) projects.
Today Online 

AEC News Today mobile app for iOS V2.0 c

Bridging China and Singapore
When he was appointed CEO of both Scoot Airways and Tigerair, two budget airlines owned by Singapore Airlines, in July, Lee Lik Hsin immediately realized he would have no leisure time. His task was cut out: lead the companies to higher growth targets so as to compete with other established rivals.


Feature photo Peter Gronemann
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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