Singapore Morning News For September 26

Singapore and Indonesia conclude third maritime boundary border treaty
Singapore and Indonesia on Monday (Sep 25) concluded a third maritime boundary border treaty.
— Channel NewsAsia

Singaporean fined S$2,000 for receiving tax-free Rolex watch
A 37-year-old Singaporean man has been fined S$2,000 for receiving a Rolex watch from his mother-in-law, who bought it duty-free in Singapore as a tourist.
— Channel NewsAsia

Singapore Launches Fifth New Warship
This week, Singapore held the launching ceremony for another one of its locally-built and designed warships. The ceremony, which occurs as the city-state’s navy commemorates its 50th anniversary, marks another step in its continued defense modernization.
— The Diplomat

SCDF, NEA investigating ‘strong burning smell’ in many parts of Singapore
Residents in many parts of Singapore – from the north-eastern areas to the west – have complained of a strong burning smell that started on Monday afternoon (Sep 25), prompting an investigation by the Singapore Civil Defence Force (SCDF) and National Environment Agency (NEA).
— Channel NewsAsia

Lazada expands Alibaba’s Taobao marketplace in Southeast Asia
Online retailer Lazada Group said it will sell select items from Alibaba Group Holding Ltd’s Taobao marketplace in three more countries in Southeast Asia, expanding the partnership between the two e-commerce firms.
— Today Online

Singapore Telecommunication Limited’s Group Enterprise Business: Deepsea Cables and Cybersecurity
Singapore Telecommunications Limited (SGX: Z74) is a global technology firm with a presence in Asia, Australia, Africa and the United States.
— The Motley Fool

CPI up 0.4% as August inflation is at modest levels
Inflation stayed at modest levels last month, though the cost of some services – including healthcare and education – continued to increase slowly.
— The New Paper

Sino-Singapore bonhomie bodes well
Make no mistake, Singapore will always be a powerful catalyst of Asean-China relations. Despite the hullabaloo resulting from diplomatic spats between Singapore and China last year, the two have now reset their relations, recognising the new reality of the emerging strategic landscape in the region and elsewhere.
— Bangkok Post

Geopolitics and uncertainties keep gold burnished
THE price of gold, which has risen 12 per cent so far this year, has dropped from a 13-month high since the US Federal Reserve’s hint that interest rates will go up in December.
— The Business Times

Asian markets mixed on news of Merkel’s weakened victory margin
ASIAN markets took Angela Merkel’s bitter-sweet victory for a fourth term as Chancellor of Germany in their stride, with most key indices closing flattish or slightly lower.
— The Business Times

Asia driving force of oil demand growth
OIL majors and global oil traders struck a bullish tone on Monday amid a rangebound oil price market, with many noting that oil demand has grown significantly this year in line with stronger global economic growth, and that the market is well on its way to rebalancing.
— The Business Times

Singapore’s sovereign wealth fund invests in £520m UK software company BluJay
Temasek, the sovereign wealth fund of Singapore which owns a £158bn portfolio, has bought a minority stake in UK supply chain software company BluJay Solutions, valuing the business at $700m (£520m).
— Cityam

Singapore works with Alipay to lift Chinese tourism experience
Ant Financial Services Group, the online payment arm of China’s e-commerce leader Alibaba Group Holding, has signed a memorandum of understanding with the Singapore Tourism Board (STB) to improve the overall Singapore experience for tourists from China, who are visiting in increasing numbers.
— Nikkei Asian Review

HSA seizes $133k of illegal health products
The pursuit of beauty has led many online in search of quick weight loss and cosmetic fixes. But not all these products are safe, and some can cause serious health problems.
— The Straits Times (paywall)

Network of cycling paths in Tampines to be tripled by 2022
Tampines, the first town in Singapore to have dedicated cycling paths back in 2010, will triple its network of cycling paths by 2022.
— Today Online

More PMETs making mid-career switch to become pre-school teachers
About 400 people signed up last year for the Government’s Professional Conversion Programme (PCP) in order to become pre-school teachers.
— Today Online

Doctor accused of helping HIV-positive boyfriend deceive MOM
While leading the National Public Health Unit in the Health Ministry (MOH), general practitioner Ler Teck Siang allegedly helped his HIV-positive American boyfriend to forge his blood-test result, so that the man could continue to work in Singapore.
— Today Online

Problems at new Yishun hawker centre hard to swallow for diners
Barely a week after it opened, patrons at Yishun’s newest hawker centre are already grumbling about its design and user-friendliness, while hawkers are grappling with teething problems linked to the cashless payment system.
— Today Online

Thumbprint checks on at Tuas, Woodlands checkpoints
Car drivers and passengers arriving and departing via the Tuas and Woodlands checkpoints have to step out of their vehicles and have both their thumbprints scanned at immigration counters.
— The New Paper

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.

Singapore Morning News For September 26 added by Leakhena Khat on September 26, 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.