Singapore Morning News For May 8

Tencent-backed Garena raises $550m in new funding, rebrands as Sea
Garena has rebranded as Sea Ltd. after Southeast Asia’s most valuable startup secured $550 million in funds to step up a battle with Chinese e-commerce giant Alibaba and other players in Indonesia.
— Deal Street Asia

S’pore to gain importance as trading hub as LNG becomes commoditised
SINGAPORE will have a greater role to play in the liquefied natural gas (LNG) trade as the product becomes more commoditised, according to an IE Singapore official.
— The Business Times

Customs warns of e-mails impersonating officers
Singapore Customs has warned people to beware of e-mails impersonating its officers.
— The Newpaper

Google boosts Tools Of The Trade’s e-commerce
Dissatisfied with its e-commerce returns, local kitchenware retailer ToTT turned to Internet giant Google for help.
— The Newpaper

Singapore: Tan Capital Partners acquires mobile survey firm Osurv
Singapore-based private equity (PE) firm Tan Capital Partners has acquired the technology of mobile survey company Osurv for an undisclosed sum, according to a company announcement.
— Deal Street Asia

Foreign domestic workers to be better insured against accidents from Oct
From Oct 1, foreign domestic workers will receive greater personal accident insurance (PAI) protection, including a higher assured minimum sum in the event of death or permanent disability.
— Today Online

Tampines to use environmentally friendly anti-roach treatment from June
Tampines estate from June will start a new environmentally friendly enzyme treatment to control the cockroach population, said Tampines Town Council in a release on Sunday (May 7).
— Channel NewsAsia

Drug users turning to apps to get their fix
It used to be the case that a drug abuser needed to know a dealer personally, or had to risk getting caught red-handed by turning up at shady spots, in order to score a hit.
— Today Online

Singapore shares open marginally higher on Monday
SINGAPORE shares opened slightly higher on Monday, extending the feel-good factor from Wall Street on Friday after US jobs data showed a rebound in payrolls and energy shares recovered.
— The Business Times

Stocks to watch: OUE, LHN, Addvalue, A-Sonic
It has reported an 85 per cent surge in net profit for the first quarter ended March 31 to S$15.4 million on the back of stronger revenue, reversal of impairment losses on OUE Twin Peaks and lower finance expenses.
— The Business Times

NUS-led crowdsourcing project to map over 1,000 Chinese temples here
An interactive atlas of more than 1,000 Chinese temples here, dating back to the 19th century, is being developed in the first such project here to consolidate such data.
— The Straits Times

New drugs designed to avoid easy detection
A rapidly growing number of new drugs, with snazzy street names such as K2, Meow Meow and Spice, have been outlawed here.
— The Straits Times

PH warship joins Singapore Navy’s fete
The BRP Gregorio del Pilar has embarked on a voyage to Singapore to join the 50th anniversary celebration of the city-state’s navy later this month.
— Inquirer.net

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Singapore Morning News For May 8 added by Stella-maris Ewudolu on May 8, 2017
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Stella-maris Ewudolu

Journalist at AEC News Today

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005.

Between November 2010 and February 2012 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.

She joined AEC News Today in December 2016.