Singapore Morning News For May 29

Changi Airport reaches 1 billion passengers milestone
Changi Airport has handled more than 1 billion passengers since it opened on Jul 1, 1981, the airport said in a media release on Monday (May 29).
— Channel NewsAsia

SIA eyes to diversify bond issuances
Bloomberg reported that as Singapore Airlines Ltd. considers broadening its debt sources amid plans to spend $30.1b ($22b) some analysts are pointing to the likelihood of a shift to U.S.-dollar bonds and the higher borrowing costs that may entail.
— Singapore Business Review

Thailand to take on Singapore with S$7.9 billion airport overhaul
Thailand is seeking to take on Singapore’s dominance in aircraft maintenance, repair and overhaul with a US$5.7 billion (S$7.9 billion) upgrade of a Vietnam War-era airport.
— Today Online

Fintech Bridge Links Singapore And Denmark
Denmark has been gaining a reputation as a fertile hub for financial technology and has now linked to Asia’s major fintech centre.
— Finews Asia

New Silkroutes Group to buy dental clinics and equipment suppliers for S$5.28m
MAINBOARD-LISTED New Silkroutes Group (NSG) on Monday said that it will acquire majority control of eight dental clinics and two dental equipment suppliers in Singapore for S$5.28 million.
— The Business Times

Singapore telco snaps $19.4 million investment stake in Accel Systems
Singapore telecommunications company StarHub is spending S$19.4 million on a 51% stake in IT security provider Accel Systems & Technologies, as the company looks to transform its cybersecurity portfolio.
— Security Brief Asia

Singapore Shares Likely Rangebound On Monday
The Singapore stock market on Friday ended the three-day winning streak in which it had picked up more than 20 points or 0.6. The Straits Times Index now rests just beneath the 3,220-point plateau and it is looking at little movement on Monday.
— Nasdaq

New gear for Singapore special forces
The Special Operations Task Force (SOTF) of the Singapore Armed Forces has inducted a series of new personal equipment and firearms.
— Shephard

PMDs, foldable bikes, allowed on public transport after trial
Commuters can now bring their foldable bicycles and personal mobility devices (PMDs) on board public buses and trains, following a successful six-month trial that began in December to provide passengers with another option for their first- and last-mile commute.
— Today Online

Plans underway to rejuvenate old power district
For three hours yesterday, the Pasir Panjang Power Station district came alive, just like in the 1960s, as more than 500 former residents returned for a reunion.
— Today Online

Is Singapore ready to become a pro-cycling nation?
Experts said cyclists, pedestrians and motorists must behave responsibly and graciously if the plans, announced yesterday by the Land Transport Authority and Urban Redevelopment Authority, to make the city centre car-lite are to work well. (See report on right.)
— The New Paper

Only 13% of family businesses here beat third gen curse
Survey says only 13% of family businesses here survive to the third generation. Three family businesses share their stories
— The New Paper

Eric Khoo is first Singapore filmmaker on Cannes’ jury panel for short films
Local film-maker Eric Khoo is at the 70th Cannes Film Festival, this time, as a member of the jury for short and student films.
— Malay Mail Online

Singapore PPI Data Due On Monday
Singapore will on Monday release April figures for producer prices, highlighting a very light day for Asia-Pacific economic activity.
— ForexTV

Building Singapore’s HR community is “particularly important,” says minister
As Singapore’s economy restructures, Minister of State for Manpower Teo Ser Luck believes it’s “particularly important” for the country to build its HR community. This comes amid the state government efforts to speed up the adoption of fair and progressive HR practices across all sectors.
— HRD

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Singapore Morning News For May 29 added by Leakhena Khat on May 29, 2017
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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.