Singapore Morning News Roundup For March 2

Singapore Morning News Roundup For March 2

Welcome to the Singapore morning news roundup by AEC News Today, your one stop for Singapore news on matters of governance and policies affecting Asean business communities.


Singapore morning news

Singapore would sign TPP deal, minus US, if there is consensus: PM Lee
If there is consensus among the remaining 11 members of the Trans-Pacific Partnership (TPP), following the withdrawal of the United States, then Singapore would sign the trade deal, said Prime Minister Lee Hsien Loong.
Channel NewsAsia 

Business confidence in Singapore economy rises in second quarter
BUSINESS confidence in Singapore’s economy for the second quarter of this year has bounced back up, led by rising optimism in the services and wholesale trade sectors from a gloomy outlook in the preceeding quarter, according to a latest quarterly survey.
The Business Times 

Singapore luxury residences a “compelling” buy
Singapore’s property markets didn’t escape the financial crisis, but now that prices and transaction volumes have started to recover, the robust city-state has emerged as one of the most competitive global destinations for buying luxury residential property.
South China Morning Post

Public service has lost its heart, MPs say
Several Members of Parliament yesterday called for greater compassion from a public service that has, in Nee Soon GRC MP Louis Ng’s words, “lost its heart”, citing examples of how people have been turned away because public servants were doing things strictly by the book.
Today Online

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Mugabe, 93, flies to Singapore for ‘medical review’
Zimbabwean President Robert Mugabe, who celebrated his 93rd birthday last week, flew to Singapore on Wednesday for a “scheduled medical review”, his spokesperson said.
News 24 

Govt open to use of SRS cash for S’pore Savings Bonds
The Government is open to the idea of allowing Singaporeans to use money in their Supplementary Retirement Scheme (SRS) accounts to purchase Singapore Savings Bonds (SSB), but the additional benefits from doing so are “not clear” presently, said Mr Ong Ye Kung, who is a board member at the Monetary Authority of Singapore.
Today Online 

MPs seek help for PMEs to cope with new trends
As companies internationalise and Singaporean professionals are encouraged to venture abroad, those returning should have more help to rejoin the local job market.
The Straits Times 

Singapore May Have Designed the World’s Best Bus Stop
An architecture firm and the government collaborated on a bus stop with books, a rooftop garden, and a swing.
City Lab 

Parliament: Singapore may ban domestic sale of ivory
The Government may ban ivory from being sold in Singapore, said Minister of State for National Development Koh Poh Koon on Wednesday (March 1).
The Straits Times 

Coastal cameras crucial for Singapore’s safety
The Police Coast Guard (PCG) have begun installing surveillance cameras around Singapore since January as part of the Coastal Surveillance Camera System.
The New Paper

Singapore to introduce new laws on building, events security: Shanmugam
To boost public safety, Singapore plans to introduce two new laws this year that will require building owners and event organisers to follow tighter security rules, said Home Affairs and Law Minister K Shanmugam.
Channel NewsAsia 

Singapore nears launch of mass-transit open-loop contactless payments pilot
A broad pilot to test contactless open-loop payments on Singapore’s trains and buses will go live March 20, according to local mass-transit authorities and Mastercard, which is sponsoring the initiative.
— Paymentssource 

10 good reasons to do business in Singapore
When you think of economic powerhouses around the globe, you generally picture the United States, China, Japan, the United Kingdom and Germany. But there is one particularly nation that does not get the praise that it has earned in recent years: Singapore.
Economic Collapse News 

‘Made in Singapore’ agency products to go global following government investment
Publicis Communications is one of four agencies to have entered into a three-year “marriage” with the Singaporean Government to create “made in Singapore” products for the global marketplace.
Mumbrella Asia 

Malaysia, Singapore in South China Sea stoush
Malaysia is challenging Singapore’s ownership of a tiny rocky island in the middle of one of the world’s busiest shipping lanes.

Water price hike necessary, but why now?
If the aim of the recent water price hike was to raise public awareness about Singapore’s water demand and supply, the move can now be considered a splashing success.
The Straits Times 



Feature photoRıfat Sefa KÜÇÜK



The Singapore morning news roundup 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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