Singapore Morning News For April 3

Singapore ministerial panel wants next government to make decision on Lee family home
A ministerial committee set up to examine the future of a house that is at the center of a family feud between Singapore Prime Minister Lee Hsien Loong and his two siblings said on Monday it had decided a future government of the island state should make the final call.
— Reuters

900,000 households set to receive GST voucher for utilities bill
Households in one- and two-room Housing Board flats will receive $95, while those in three-room flats will get $85, the Ministry of Finance said yesterday in a statement.
— The New Paper

Singapore’s manufacturing sector expands for 19th straight month in March
Singapore’s manufacturing sector expanded for the 19th consecutive month in March, according to data released by the Singapore Institute of Purchasing and Materials Management (SIPMM) on Monday (Apr 2).
— Channel NewsAsia

Singapore launches the first blockchain challenge to boost innovation
Singapore’s Infocomm Media Development Authority (IMDA) launched its very first Blockchain Challenge to accelerate the application of blockchain beyond fintech.
— Open Gov Asia

Industry body to set guidelines for AI, data analytics in finance sector
THE Monetary Authority of Singapore (MAS) has assembled a group of industry players to help develop a guide on the responsible and ethical use of artificial intelligence (AI) and data analytics by financial institutions.
— The Business Times

From Myanmar to Singapore: Why the maid trafficking continues
When we first heard about a 15-year-old domestic worker from Myanmar seeking help at a shelter in Singapore in 2016, we thought it was an isolated case.
— Al Jazeera

PM Lee accepts ministerial committee’s conclusion on 38 Oxley Road
Prime Minister Lee Hsien Loong said on Monday (Apr 2) that he accepts the conclusions made by the ministerial committee tasked with considering options for 38 Oxley Road.
— Channel NewsAsia

Enterprise Singapore: One-stop help hub
ENTERPRISE Singapore will be a one-stop help centre for companies of all sizes and at different stages of growth.
— The Business Times

How Singapore is solving public sector challenges with innovative solutions from research institutes and the private sector
GovTech’s InnoLeap Programme brings together public sector agencies with challenging problem statements and RIs, IHLs, and commercial entities with innovative solutions. The Translational Research and Development for Application to Smart Nation Grant funds translational R&D and technology or process innovations in areas that are aligned to the emerging and focused tech areas.
— Open Gov Asia

Economic Society of Singapore names new council members
THE Economic Society of Singapore (ESS) on Monday said it has elected a new team of council members at its annual general meeting held on March 29.
— The Business Times

Singapore Company Fined After Shipyard Fatality
AZ Marine Offshore Services of Singapore and its operations manager Soh Eng Bee have been fined S$200,000 ($152,000) and S$80,000 ($61,000) respectively after an accident at a shipyard that resulted in the death of an engineer in 2016.
— The Maritime-Executive

Civil Society criticises Singapore’s Select Committee hearings
Open public consultations are a rarity under Singapore’s current administration. As such, when the Select Committee on Deliberate Online Falsehoods solicited submissions from the public, we engaged in good faith.
— The Online Citizen

Singapore home prices post biggest jump in almost 8 years
SINGAPORE PRIVATE home prices surged the most since 2010 as the property market staged a recovery from a four-year slump.
— BusinessWorld

Will the real Dr Thum please stand up?
As events have proven, Dr Thum Ping Tjin made an unreasonable, ill-considered, and indefensible claim in his submission to the fake news Select Committee.
— The Independent Singapore

New nursing home in Tampines North to open in second half of 2018
A new nursing home with 300 beds and a senior care centre will open in the Tampines North area in the second half of this year, Senior Minister of State for Health Lam Pin Min said on Monday (Apr 2).
— Today Online

How Singapore’s transforming its real estate for the future
Singapore’s government is making a concerted effort to keep its real estate market competitive in an increasingly technology-driven environment.
— The Investor

Afraid of missing out, PE, wealth funds flock for a slice of financial services pie in APAC
As private equity (PE) firms and sovereign wealth funds consistently increase exposure to the financial services sector — banking, insurance and fintech — making sure they do not miss opportunities in the sector, Asia Pacific is expected to see a surge in the number of deals in the sector by 10-15 per cent in 2018.
— DealStreetAsia

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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.

Singapore Morning News For April 3 added by Leakhena Khat on April 3, 2018
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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.