Singapore Morning News For April 20

Singapore Morning News For April 20

Singapore morning newsProtectionism ‘dangerous’; Commonwealth countries should promote trade among themselves: PM Lee
Protectionism will damage the multilateral system of trade and investments, and result in strategic rivalry between great powers that can destabilise the world, said Prime Minister Lee Hsien Loong at the Commonwealth Heads of Government Meeting (CHOGM) on Thursday (Apr 19).
Channel NewsAsia 

Tender deadline for KL-Singapore high-speed rail company extended to December
The deadline for tender submissions for the Kuala Lumpur-Singapore high-speed rail (HSR) Assets Company (AssetsCo) has been extended to Dec 28, 2018.
The Straits Times 

Japan’s ‘discount king’ hooks shoppers in Singapore
Four months after venturing into the Singaporean market, Japanese discount store operator Don Quijote Holdings already has a firm toehold in the city-state, posing a potential threat to local competitors.
Nikkei Asian Review (metered paywall)

First healthcare regulatory sandbox launched in Singapore for telemedicine services
The Ministry of Health (MOH) in Singapore has launched a new Licensing Experimentation and Adaptation Programme (LEAP), beginning with telemedicine services.
Open Gov Asia

BPCL plans to start oil trading office in Singapore
Bharat Petroleum Corp Ltd plans to start a trading office in Singapore in the near future to procure crude for its refineries and trade oil products, its head of refineries, R. Ramachandran, said late on Wednesday.

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Transformation in Singapore tourism
IF our internal rate of change is slower than the rate of change in our operating environment, we risk irrelevance.
The Business Times 

Plans revealed for real-time cross-border payments system between banks in Australia, China, Singapore and Thailand
Many countries in Asia-Pacific are developing domestic real-time payment systems. Examples include PayNow in Singapore, PromptPay in Thailand and the New Payments Platform (NPP) in Australia. But cross-border payments are still expected to take days.
Open Gov Asia 

Safeguarding Singapore’s seas with Navy’s ASSeTs
A masked man charges forward on the deck of a vessel, knife in hand.
Channel NewsAsia 

AirAsia working on adding flights from Singapore for GE14, says Fernandes
AirAsia Bhd group chief executive Tan Sri Tony Fernandes said the low cost carrier was trying to add flights from Singapore back to Malaysia but had yet to obtain approval from the Civil Aviation Authority of Singapore (CAAS).
The Edge Markets 

China to impose anti-dumping measures on synthetic rubber imported from Singapore, US, EU
China will impose temporary anti-dumping measures on halogenated butyl rubber imported from the United States, European Union and Singapore, the commerce ministry said on Thursday.
The Business Times 

Lazada launch cross-border selling for Malaysia-Singapore
Regional e-commerce platform Lazada launched its pilot service which enables over 100 Lazada sellers in Malaysia will begin marketing their products to buyers in Singapore.
New Straits Times 

Singapore taxi firm ComfortDelGro acquires London’s Dial-a-Cab for $1.7m
Singapore-headquartered ComfortDelGro has acquired London taxi circuit operator Dial-a-Cab for £1.2 million ($1.7 million) as part of its expansion in the United Kingdom.

President Duterte to meet Filipinos working in S’pore at Jurong East on April 28, 2018
The Philippine president Rodrigo Duterte will be at Jurong East on Saturday April 28, 2018 to meet with Filipinos working in Singapore.

Progress on EU trade deal with Singapore and Japan
The European Union trade deal with Singapore and Japan could potentially create a free trade zone that covers a third of the world’s GDP. However, these landmark deals must be ratified by all the EU member states, Singapore and Japan.
Channel NewsAsia (video)

How A*STAR is enhancing the research ecosystem in Singapore: RIE2020 portal and Future InfoComm System Team applications
This is part of a continuing series on how the Agency for Science, Technology and Research (A*STAR) is constantly working to support researchers in Singapore and enhance the research ecosystem.
Open Gov Asia 

Development of Kampong Bugis kicks off with land treatment tender, acquisition of private land works
The Singapore Land Authority (SLA) acquired a 914sqm parcel of private land in Kampong Bugis and also called a tender for land treatment, as the authorities kicked off a makeover of the precinct on Thursday (April 19).
Today Online 

Fun on the water: Singapore’s first sea sports programme for the autistic
Driven by a passion to help autistic children, Andrew Choo came up with a unique way to bring them joy. Channel NewsAsia’s Ahmad Khan tried out the sea sports programme, which was tougher than it looked.
Channel NewsAsia (video)

Singapore: CapitaLand Mall Trust sells Sembawang Shopping Centre for $189m
Real estate investment manager CapitaLand Mall Trust has sold Sembawang Shopping Centre for S$248 million ($189 million), one of the largest sale value achieved in recent years for a stand-alone retail mall in Singapore.

Construction services firm sees revenue grow 4 times to S$12m after R&D investment
Through research and development (R&D), a building and construction materials-testing company has been able to develop a new business segment that now contributes to one-fifth of its total revenue.
Today Online 

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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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