Singapore Morning News For September 15

Singapore Morning News For September 15
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Halimah Yacob sworn in as Singapore’s 8th President
It was a solemn moment and all was quiet in the grand State Room of the Istana, save for the voice of one person.
Channel NewsAsia 

Making the Istana more accessible among the issues on President-elect Halimah Yacob’s agenda
Engaging Singaporeans and making the Istana more accessible were at the forefront of President-elect Halimah Yacob’s mind as she started her first day at work on Thursday (Sep 14).
Channel NewsAsia 

More jobs ahead but growth likely to be subdued
WITH the uptick in the labour market in the first half – and economic growth tipped to hum along at a steady clip of 2.5 per cent for the year – the Ministry of Manpower (MOM) sees labour demand picking up in the second half of 2017.
The Business Times 

Singapore’s NETS to launch e-payment app
Network for Electronic Transfers (NETS), a nationwide payment provider in Singapore, has announced plans to launch an e-payment app named NETS Pay in October 2017.
Telecom Asia 

China congratulates Singapore’s newly elected president
China on Thursday congratulated Halimah Yacob on her election as the new president of Singapore.

Proportion of cyber crimes in Singapore growing
Cyber crimes nearly doubled in proportion between 2014 and last year, rising from 7.9 per cent to 13.7 per cent of all crimes, according to the inaugural Singapore Cyber Landscape report released Thursday (Sept 14).
Today Online 

New car park payment system will be more convenient: Nets
Nets’ QR code payment system for car parks will mean motorists no longer have to scramble to top up their cashcards at the gantry when they find out there is insufficient money or their cards are incompatible.
Today Online

Singapore’s Temasek said to be considering investment in secretive start-up Magic Leap
Magic Leap is now in talks with Singapore-based Temasek Holdings to raise another $500 million, bringing its total valuation to almost $6 billion, according to a Bloomberg report.
Click Lancashire 

Listing aspirant placed under JM amid controversial claims
LISTING aspirant Tendcare Medical Group Holdings was this week placed under judicial management (JM) by the Singapore courts – and not without some controversy.
The Business Times 

Singapore must husband reserves carefully: Halimah
THE income generated from Singapore’s reserves are an important source of revenue for the government, and the reserves themselves must not be used unless there is a very good reason.
The Business Times

Election reaffirms nation’s ‘regardless of race, language or religion’ pledge: PM
President Halimah Yacob’s ascent to the highest office in the land symbolises Singapore’s perseverance towards a dream first espoused by founding Prime Minister Lee Kuan Yew more than five decades ago: A multiracial and multi-religious Singapore.
Today Online 

Over half of children in accidents not restrained in motor vehicles: Study
Armed with worrying findings from a recent study, doctors here have sounded the alarm over the lack of restraints used when children are ferried around in vehicles.
Today Online 

Pine Grove owners expect at least S$1.65b in 3rd en bloc sale bid
PINE Grove could well emerge as Singapore’s largest en bloc deal, going by its indicative reserve price of S$1.65 billion – a level that would trump the record of S$1.34 billion set in 2007 by Farrer Court, another former HUDC estate.
The Business Times 

Resident unemployment rate down, fewer retrenchments in Q2
The resident unemployment rate in Singapore declined in the second quarter from the previous three months, although it was higher than a year ago, according to latest figures released by the Ministry of Manpower on Thursday (Sep 14).
Channel NewsAsia 

Police investigating case of naked man who roamed around Tampines
The police are trying to establish the identity of a man who was spotted walking naked around the Tampines area on Thursday (Sep 14). He was also seen travelling on a public bus.
Channel NewsAsia

Govt-funded training courses drew record number of sign-ups last year
A record number of people last year took up places in training courses funded by the Ministry of Education (MOE) and SkillsFuture Singapore (SSG), the government agency tasked to support Singaporeans in pursuing industry-relevant skills training.
Today Online 

Over 2,000 ComfortDelGro cabbies express interest in joining Grab
More than 2,000 ComfortDelGro cabbies could jump ship and join rival taxi operators partnering Grab or switch to become drivers of its private-hire car service, less than two weeks after Grab dangled heavily-discounted rentals to entice them, TODAY has learnt.
Today Online 

Singapore’s new hi-tech airport terminal to upgrade the Changi experience
Singapore Changi Airport’s new Terminal 4 (T4) is scheduled to open on October 31, with Cathay Pacific having the honour of making both the first arrival (CX659 at 5:40am) and the first departure (CX650 at 6:50am) of the day.
South China Morning Post 

Cyber attack on S’pore public organisation was by state-sponsored group: CSA
An unnamed public organisation here was hit by an advanced persistent threat (APT) malware infection late last year, the Cyber Security Agency of Singapore (CSA) revealed on Thursday (Sept 14).
Today Online

Singapore: Richard Gati of BXR Partners leads $3m Series A in Clinch
US-based Clinch, a creative technology company that powers personalized video advertising, has completed a $3 million Series A round led by Richard Gati, head of BXR Partners’ Singapore office. The round included a select group of strategic, private investors.

Megaport, NTT Singapore launch multicloud service
Megaport Singapore and NTT Singapore have jointly launched a new NexConnect Cloud Service, enabling Singapore based enterprises access to elastic, on-demand connections to multicloud solutions.
Telecom Asia 


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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