Singapore Morning News For September 14

Singapore Morning News For September 14
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Singapore tops rankings for meeting UN health goals: Study
Singapore is closer than any other country to meeting health-related targets set by the United Nations, according to a global health review published on Wednesday (Sep 13).
Channel NewsAsia 

Singapore’s political succession plans in disarray
Singapore’s leave-nothing-to-chance approach to political succession is being thwarted by forces outside its control and some curious decision-making by the Prime Minister.

‘I’m not a reserved President, I’m a President for everyone’: Halimah Yacob
President-elect Halimah Yacob has promised to be a President for everyone, regardless of race, language or religion.
— Channel NewsAsia  

Singapore, the accidental nation
This is an edited excerpt from a speech by former head of civil service Lim Siong Guan at the IPS-Nathan Lecture on Tuesday. He will deliver three lectures on the theme “Can Singapore Fall”. In this excerpt from his first lecture, he highlights lessons for Singapore from Greek history that can be distilled into the maxim: Don’t be weak.
The Straits Times (paywall)

Anger as Singapore gets first female president without a vote
Singapore got its first female president Wednesday, but the milestone was overshadowed by criticism that her selection was undemocratic after she was handed the job without a vote.
The Economic Times 

Singapore firm acquires Dublin data centre for €66m
A Singapore-listed real estate investment trust has acquired a data centre in Dublin for €66 million.
The Irish Times

Why Malaysian ports are losing out to Singapore
Five major global shipping firms ditched Port Klang for Singapore in April as a result of an-industry wide shakeup meant to sustain a struggling container liner business bogged by the global economic slowdown.
Yahoo News 

Singapore: CEO’s $4.5m share purchase propels Venture Corp stock to 10-year high
Singapore’s Venture Corp. received a boost from its Chief Executive Officer Wong Ngit Liong Wednesday — the stock soared as his S$6.1 million purchase of 400,000 shares announced Tuesday inspired the market to follow suit.

Insurance policy for bond investors proposed
The Business Times understands that the Securities Investors’ Association of Singapore (SIAS) and Rajah & Tann Singapore jointly submitted to the Monetary Authority of Singapore a two-pronged proposal that calls for bond issuers to take up an insurance policy at the time of issuance, so that investors will be protected.
The New Paper 

Singapore: Insignia Ventures Partners raises $25m for debut fund
Singapore-based Insignia Ventures Partners, which was founded by former Sequoia Capital venture partner Yinglan Tan, has raised $25 million for its debut fund, according to details in a SEC filing. The fund will target technology startups operating in Southeast Asia.

CEO pay at Singapore-listed firms not aligned with performance: study
THE link between what Singapore chief executives are paid and the profitability of their company is tenuous, a study has found. It has emerged that some CEOs still receive bonuses when their companies are in the red, or are paid fatter bonuses even when the company’s profits have shrunk.
The Business Times 

Singapore tech manufacturers see modest share movements amid iPhone launch
IT does not always pay to be the first mover. That’s how some contractors feel about the government’s push for more productive methods in the construction industry.
The Business Times 

Local telcos gear up to ride wave of Apple’s latest phones
SINGAPORE telcos are set to get a boost – even if just for the short term – with the launch of one of the biggest updates to the iPhone family announced by Apple on Tuesday (Wednesday morning Singapore time).
The Business Times 

Government leaders must have the moral authority to govern: ESM Goh
To ensure a sustaining legacy, winning elections is only one step for government leaders. They also must have the moral authority to govern, said Emeritus Senior Minister Goh Chok Tong on Wednesday (Sept 13).
Today Online 

Individuals in Singapore being radicalised at faster pace: Shanmugam
Individuals in Singapore are being radicalised at a faster pace, Home Affairs and Law Minister K Shanmugam said on Wednesday (Sep 13).
Channel NewsAsia 

54 abandoned mice found at Pasir Ris Drive 4, AVA investigating
The Agri-Food and Veterinary Authority of Singapore is investigating, after 54 mice were found abandoned along Pasir Ris Drive 4, it said on Wednesday (Sep 13).
Channel NewsAsia 

Singtel, M1, StarHub launch websites for iPhone 8, iPhone X smartphones
Singtel, M1 and StarHub on Wednesday (Sep 13) invited customers to register their interest for the new iPhone X, iPhone 8 and iPhone 8 Plus smartphones on their websites.
Channel NewsAsia 

Vital for ASEAN countries to share info on returning fighters
Noting that fighters returning from Iraq and Syria pass through Asean countries, Deputy Prime Minister Teo Chee Hean said yesterday that it is important for police forces in the region to exchange intelligence and biometric information of some known individuals.
Today Online 

Judge raps netizens for negative comments about rape victim
Calling out people who had made disparaging comments online about a rape victim, a High Court judge said their behaviour could deter other victims of sexual crimes from seeking help from the authorities.
Today Online 

Search on for three sailors following collision between tanker and dredger
A search and rescue mission for three missing sailors is underway in the waters off Sisters’ Island after a fatal collision between a tanker and a dredger that has already left two dead.
The New Paper 


Feature photo John Ragai
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).

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. It 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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