Singapore Morning News For June 12

Singapore Morning News For June 12
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Singapore morning news

Online fund-raising initiatives being monitored
The authorities have made it clear that they will be keeping a close watch on social media websites and other platforms that facilitate donations to prevent misrepresentation of claims or monies being used.
The New Paper 

Singapore firms urged to make the most of India’s biggest tax reform
SINGAPORE businesses should make the most of India’s biggest tax reform as the country rolls out its Goods and Services Tax (GST) in July, urged International Enterprise Singapore.
The Business Times 

Stronger economic outlook boosts pension funds, SWFs
A STRONGER world economy boosted public pension fund, sovereign fund and central bank assets to US$33.5 trillion at end-2016, up 1.4 per cent from a year ago, according to a think tank that tracks the performance of these large public investors.
The Business Times 

The Singapore Government welcomes the National Wages Council (NWC)’s recommendations for employers to grant a built-in wage increase of $45 to $60 for workers earning a basic wage of up to $1,200.
CFO Innovation

Sea Ltd, Southeast Asia’s most valuable start-up, is prepping for a US$1 billion initial public offering in the United States, a move that would be a major pivot for Southeast Asia’s rapidly expanding tech industry.
South China Morning Post 

New device could help save more cardiac arrest victims
A new device, the size of a credit card and slightly thicker, is the latest tool that could improve the efforts of the public in saving the lives of cardiac arrest victims before an ambulance arrives.
Today Online 

Honeywell launches ‘cybersecurity center of excellence’ in Singapore
Singapore’s Changi Business Park will soon be home to a new cybersecurity hub, thanks to a major investment by industrial consulting firm Honeywell Process Solutions.
Security Brief Asia 

Singapore: Local Zika cluster confirmed at Parry Avenue
Officials with Singapore’s National Environment Agency (NEA) confirmed Friday two cases of locally transmitted Zika virus infection at Parry Avenue. Both cases are residents in the vicinity.
Outbreak News Today 

SGSecure app downloaded more than 550,000 times
The SGSecure mobile application has been installed on more than 550,000 mobile devices since its launch, according to the Ministry of Home Affairs.
Today Online 

Police thwart attempt to smuggle 200k lobster eggs to Singapore
The National Police’s Special Crimes Directorate has foiled an attempt to illegally export lobster eggs worth billions of rupiah to Singapore via Soekarno-Hatta International Airport in Cengkareng, Banten.
The Jakarta Post 

Caring for an ageing society: How to ensure Singapore has enough nurses
In the first of a two-part series on the future of nursing in Singapore, experts discuss how to ensure the country has enough nurses to deal with an ageing population.
Channel NewsAsia 

Singapore’s Red Carpet for Robots
Singapore is thinking of making life easy for robot advisers.

Are Singapore, Indonesia bank stocks worth it? Apparently, they are
Lion City’s export surge means it could well see 3% GDP growth in the next 12 months
Khaleej Times 

Little Movement Tipped For Singapore Bourse
The Singapore stock market has climbed higher in two straight sessions, gathering almost 25 points or 0.7 percent along the way. The Straits Times Index now rests just beneath the 3,255-point and it is expected to hold steady in that neighborhood again on Monday.
Markets Insider 

Fast Asia Open: Japan producer inflation, Singapore retail sales
If estimates are to be believed, France may have just delivered another big win for President Emmanuel Macron’s Republique en Marche party.
Financial Times 

Entertainment asset class supports robust cash flows: Justin Deimen, Aurora Media
Singapore-based Aurora Media Holdings, a media and entertainment asset investment vehicle with a corpus of $30 million, is focussed on making content as an asset class by establishing innovative and efficient media financing packages.
Deal Street Asia 

Honing in on This Dividend Stock: Singapore Press Holdings Limited (SGX:T39)
Shares of Singapore Press Holdings Limited (SGX:T39) currenty have a 10 year dividend growth rate of -4.16%. This number is calculated using the geometric average which provides the typical value of dividend growth over the specified period using the product of their values. The geometric average is defined as the nth root of the product of n numbers.
Dasher Business Review

Radical ideas online must be countered: Chun Sing
Physical activities such as the breaking of fast during Ramadan as a multi-ethnic community are significant, but because social cohesion can also be destroyed in cyberspace, radical ideas online must be countered, Minister in the Prime Minister’s Office Chan Chun Sing said yesterday.
Today Online


Feature photo Leakhena Khat
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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