Singapore Morning News For March 31

Singapore Morning News For March 31
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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.


Singapore morning news

49% of HR managers in Singapore have not hired returning women in past year: survey
NEARLY half of hiring managers in Singapore have not employed any returning women in the past year, a report from recruitment firm Robert Walters showed on Thursday.
The Business Times 

Singapore confirms two new cases of Zika virus
Singapore has confirmed two cases of locally transmitted infections of the Zika virus in a northeastern part of the city state, the National Environment Agency said on Wednesday, describing it as the first Zika cluster of 2017.
Fox News 

Will lower rental rates boost Singapore retail?
Singapore’s retail industry is suffering something of a tough time now, along with the country’s property market. Compared to the country’s booming financial and technology industries, retail is suffering from many of the same factors affecting high streets across the world; mainly the rise of ecommerce and online
The Online Citizen 

Investments in Singapore Property Assets Rise: ETF in Focus
Singapore is seeing a surge in investments in property assets. Foreign investments in the country’s property assets rose to $4.1 billion in 2016, an increase of 441% year on year. The major component of this investment was the Qatar Investment Authority’s purchase of Asia Square Tower 1 for $2.45 billion.

Repatriated funds from Singapore reaches Rp 84.52 trillion
From the Rp 835.7 trillion (US$62.74 billion) of funds parked in Singapore declared during the the tax amnesty, as of the final day of the program on Thursday only Rp 84.52 trillion had been repatriated.
The Jakarta Post 

Singapore Exchange said to mull tie-ups with other bourses
Even as regulators crack down on yet another round of consolidation among exchange operators, at least one major bourse is still keen to pursue deals.
The Star 

IE Singapore signs MOU with Indian city to facilitate participation of Singapore companies in smart city projects
International Enterprise (IE) Singapore, the government agency promoting international trade, has signed a Memorandum of Understanding (MOU) with the Pune Municipal Corporation in India to help Singapore urban solutions companies participate in smart cities projects in Pune.
Open Gov Asia 

Researchers uncover how Zika may be harming foetus’ brain
Scientists here have, for the first time, uncovered a possible way that the Zika virus damages an unborn baby’s brain.
The Straits Times 

Singapore Market May Reverse Thursday’s Losses
The Singapore stock market on Thursday snapped the two-day winning streak in which it had advanced almost 60 points or 1.9 percent. The Straits Times Index now rests just below the 3,175-point plateau, although the market may stop the bleeding on Friday.
RTT News 

Kindness and concern in year’s first Zika cluster
When Simon Place residents Madam Yeoh and Mr Lim were told they had Zika on Tuesday, their first thoughts were about their neighbours.
Asia One 

SMRT to trial new signalling system again on NSL
Come 11pm on Thursday (Mar 30), all trains on the North-South Line will grind to a halt and remain stationary for about 10 minutes.
Channel NewsAsia 

AA Reit announces changes to Board
Aims AMP Capital Industrial Reit has a number of changes to its Board of Directors, as part of a regular review process to ensure board independence and sound corporate governance.
The Straits Times 

Dollar extends gains after strong U.S. data, Asia stocks subdued
The dollar extended its overnight gains in early Asian trade on Friday on signs of strong U.S. economic growth, while the euro inched up after sliding overnight on data suggesting slowing growth in Europe.

Singapore warns sugar deal could breach free trade pact
Singapore has raised concerns that a mandatory code of conduct to enforce the re-regulation of the sugar industry could be a breach of the Australia-Singapore FREE TRADE Agreement.
Financial Review 

114 arrested for suspected loansharking activities
A total of 114 suspects were arrested for their suspected involvement in loansharking activities during a three-day operation, police said on Thursday (Mar 30).
Channel NewsAsia 

Singapore targets enhanced role for IP practitioners to secure future economic growth
The IP Office of Singapore (IPOS) and Workforce Singapore – an agency under the city-state’s labour ministry – have joined forces to launch a new educational programme aimed at equipping Singaporean professionals with IP-related skills.
World Trademark Review 

New Learning Forest opens at Singapore Botanic Gardens
From touching pieces of the white flaky bark from the Gelam tree, to strolling on a tree-canopy-level boardwalk, to wandering into the freshwater wetland habitats, visitors will get to experience these and more at the Singapore Botanic Gardens’ new Learning Forest.
Today Online 

Singapore shipping industry boosts efforts to meet emissions goals
Singapore’s maritime industry is stepping up efforts to reduce the environmental impact of shipping and related activities, ahead of the 2020 target that the International Maritime Organisation (IMO) has set for a 0.5 per cent global cap on sulphur emissions from marine fuels, from the current 3.5 per cent limit.
Today Online 

Scoot, Emirates planes collide at Changi
Two large airplanes were involved in a minor collision at Changi Airport early yesterday, delaying more than 600 passengers who were on board.
The New Paper 

81 arrested for scams totalling more than S$1.4m
A total of 81 people have been rounded up by police for their suspected involvement in 244 cases of scams involving more than S$1.4 million.
Channel NewsAsia 

Woodlands Checkpoint extension to be built at Old Woodlands Town Centre
An extension of the Woodlands Checkpoint will be built at the Old Woodlands Town Centre as part of efforts to upgrade the checkpoint, the Immigration and Checkpoints Authority (ICA) and Singapore Land Authority (SLA) said on Thursday (Mar 30).
Channel NewsAsia



Feature photo Bernd Hildebrandt
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).



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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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