Singapore Morning News For March 8

Singapore Morning News For March 8
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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

Why high-flying Singapore is scrapping grades
Singapore is in top place in the international rankings for education. But it wants the next upgrade of the school system to focus on keeping students positive and resilient, as well as high achievement in academic results.
BBC News 

More than 150 government services to be linked to digital vault
By June, Singaporeans and permanent residents opening bank accounts with OCBC, UOB, DBS and Standard Chartered Bank will no longer need to key in information such as their NRIC number and address, or submit physical documents to verify such data.
The New Paper 

Building Next Gen Singapore Armed Forces: Cyber defence, Analytics, Artificial Intelligence and Robotics
The new Defence Cyber Organisation will oversee policies, capability development and implementation to monitor and defend Defence Cluster networks.
Open Gov

Trendlines launches Singapore incubator
Trendlines Ltd. (SI:42T) , one of the first Israeli companies to be listed on the Singapore Stock Exchange, recently launched its technology incubator in Singapore. The incubator will deal mainly in medical devices.

Grab launches beta shuttle bus service application in collaboration with GovTech Singapore
The ride hailing platform, Grab, has launched GrabShuttle, a beta shuttle bus service mobile application, in collaboration with the Government Technology Agency of Singapore (GovTech).
Open Gov

Singapore Data Innovation Programme Office to facilitate data-driven innovation projects
Singapore plans to set up a Data Innovation Programme Office (DIPO) to boost data-driven projects, with a data sandbox providing a platform for companies to share data securely.

Singapore corporate lawyers among the top in South-east Asia
Over 50 Singapore-based corporate lawyers have proven to be among the most influential and innovative in the region, according to an inaugural list by Legal 500.
The Straits Times 

SGX proposes bringing back lunch breaks for traders
Singapore Exchange (SGX) launched a public consultation on Wednesday (Mar 8) on bringing back a lunch break for traders and increasing the minimum bid sizes for some stocks.
Channel NewsAsia 

Singapore sure of China’s economic reforms: envoy
Singapore is confident that China can successfully transform its economy, and its success will benefit the world, Singapore’s Ambassador to China Stanley Loh has said.
The Nation 

Singapore’s elderly to get more help with financing new homes
Elderly flat buyers will be able to make payment upon key collection and enjoy temporary loans when buying new homes, announced the Ministry of National Development on Tuesday (Mar 7).
Channel NewsAsia 

Leaders’ Retreat to mark 50 years of Singapore-Indonesia ties to be held in September
Singapore will hold a Leaders’ Retreat in the Republic in September to celebrate 50 years of “good, wonderful” bilateral relations with Indonesia.
The Straits Times 

Japanese, Singaporean banks finance controversial Indonesian coal plant
A consortium of Asian banks will provide US$3.36 billion in loans to support the expansion of the Tanjung Jati B coal-fired power plant project in the Jepara district of Indonesia’s Central Java province.

Singapore to aid PMETs facing redundancies
As Singapore records a slight rise in retrenchment and unemployment, the Ministry of Manpower unveiled several strategies to alleviate workers’ woes.
Singapore Business Review 

Local cycling group raises $320,000 for Kidney Dialysis Foundation
It was challenging enough for the 67 cyclists to cycle 1,000km from Belum, Perak, to Singapore to raise funds for the Kidney Dialysis Foundation (KDF).
The New Paper 

Inbound sets up shop in Singapore
London-based inbound marketing consultancy The B2B Marketing Laboratory has opened an office in Singapore as part of its expansion into Asia-Pacific and support its international customers in the region.
Singapore Business Review 

Core group of 250 professionals in GovTech and CSA to drive data and cybersecurity capabilities in Singapore’s Public Service
In addition, 10,000 public officers will be trained over the next 4 years for leveraging data in policy formulation, service delivery and corporate services, and strengthening cybersecurity.
Open Gov

Young couples in Singapore to get HDB homes faster
Shorter waiting time for some Build-To-Order flats, unsold balance flats made available regularly and a sped-up resale transaction process are some initiatives by the Ministry of National Development to make housing more accessible for first-time home buyers.
Channel NewsAsia 



Feature photoJason Goh



The Singapore morning news roundup 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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