Singapore Morning News For March 10

Singapore Morning News For March 10
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The Singapore morning news roundup by AEC News Today is your one stop for Singapore news on matters of governance and policies affecting Asean business communities.


Singapore morning news

Singapore appoints civil service innovation champion
Singapore’s government is to train 10,000 public servants to use data analytics, the deputy prime minister has announced, while education minister Ong Ye Kung will spearhead a drive for public service innovation.
Global Government Forum

Singapore Government is Transforming Economy through Enterprise and Innovation to Boost the Country’s Economic Growth
The Singapore economy is dominated by the service sector, which contributed approximately 75.5% to the total GDP in 2016. The industrial sector contributes 24.5% to GDP, in which the manufacturing contributes 18.3% to GDP. Government will launch a new Industry Transformation Programme in 2017 to take the country into the next phase of development.

Singapore sports receives huge financial boost
Government to inject at least $50 million to nurture local elite athletes
The New Paper 

Singapore’s Equis Seeks Investors for Up to $5.5 Billion in Green-Energy Projects
Equis Private Ltd., a fund manager that oversees one of Asia’s largest collections of independent renewable-energy assets, is seeking investors for more than 100 different projects, with a combined value between $4.5 billion and $5.5 billion, people familiar with the process said.
The Wall Street Journal 

Singapore to expand use of blockchain technology
Following the success of its interbank settlement experiment, MAS will now test the tech on bond trading settlement and cross-border payments
The Business Times 

The government of Singapore says it welcomes criticism, but its critics still suffer
Three protesters get stiff penalties for disturbing public order
The Economist 

Singapore does not import chicken and eggs from Kelantan: AVA
Poultry and poultry products that Singapore imports from Malaysia are safe for consumption, the authorities here assured the public, following news of a bird flu outbreak in the Malaysian state of Kelantan. Existing measures will be stepped up to prevent the H5N1 virus from entering Singapore, the Agri-Food and Veterinary Authority (AVA) said on Thursday (March 9).
Today Online

Legal smoking age in Singapore to be raised to 21
More than two years after it started mulling over the move, Singapore will join places such as New York City and California in raising the legal age for smoking from 18 to 21.
Today Online 

Govt planning first national blueprint for heritage in Singapore
The arts and heritage sectors will see a boost with a new Heritage Plan for Singapore in the pipeline, along with a S$150 million top-up to the Cultural Matching Fund (CMF), Minister Grace Fu announced yesterday (March 9) in Parliament.
Today Online 

Grab invests S$10 million in Singapore for GrabCar
GRAB, a ride-hailing platform in South-east Asia, is pouring S$10 million into the GrabCar private hire car segment for Singapore.
The Business Times 

Singapore is least risky country in the world for investments: Euromoney survey
The Republic has surpassed Norway and Switzerland to be the least risky country in the world for investments, according to the latest results of the Euromoney Country Risk (ECR) survey on Thursday (March 9).
Today Online 

Singapore to invest S$24m to help fill 9,000 jobs in healthcare sector
With 9,000 workers needed over the next three years, the Ministry of Health (MOH) will invest an additional S$24 million in various schemes to attract more Singaporeans, in particular mid-career professionals, to take up a job in healthcare.
Channel NewsAsia 

New made-in-Singapore cancer drug could lower leukaemia mortality
A new cancer drug promises to take a more targeted approach to treating leukaemia and other forms of blood cancer, researchers told Channel NewsAsia on Thursday (Mar 9).
Channel NewsAsia 

Singapore will take ‘necessary steps’ to comply with UN resolutions on North Korea: MFA
The Government is “closely studying” a United Nations report linking a Singapore-based company to a North Korean firm involved in arms sales, the Ministry of Foreign Affairs (MFA) said on Thursday (Mar 9).
Channel NewsAsia 

Singapore 2nd on ranking of world’s most innovative intellectual property offices
The Intellectual Property Office of Singapore (Ipos) has emerged as the first-runner up in a recent study of the world’s most innovative IP offices, second only to the European Union, Ipos said in a press release on Thursday (March 9).
The Straits Times 

UBS Hires in Singapore
Asia’s largest wealth manager UBS, has recruited a seasoned wealth manager into its Singapore business. 

2 men arrested while attempting to swim to Singapore
Two men were arrested on Thursday (Mar 9) while attempting to swim to Singapore, the police said.
Channel NewsAsia 



Feature photoJason Goh



Singapore morning news 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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