Singapore morning news for August 30

Singapore morning news for August 30
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Singapore morning newsBanking and finance led online hiring growth in June
The banking, financial services, and insurance (BFSI) sector topped the online hiring growth across Singapore sectors through its 12% YoY hiring increase in June, a study by human resources firm Monster found.
— Singapore Business Review

Asean’s ‘little red dot’ about to burst with home-grown AI applications (video)
Has an artificial intelligence (AI) ever given you advice about education, finances, or love? If yes, you might want to thank (or otherwise) the many researchers and developers in Singapore, a tiny red dot on most maps, set to become very large in the high-tech world of AI application development.
— AEC News Today (video)

Singapore debt market deepens with Asian Bond Grant Scheme
THE Singapore corporate debt market continues to grow and deepen, with an extra boost from the Asian Bond Grant Scheme.
— The Business Times

The Guide to Employment Permits for Foreign Workers in Singapore
For expatriate workers and their employers in Singapore, understanding the process to obtain a valid employment permit is vital.
— AsianBriefing

Bidder ends deal on $10,000 bid for Chomp Chomp hawker stall
The tender bid was made last month by Ms Lim Ah Ber for $10,028 a month to rent a stall in popular food haunt Chomp Chomp Food Centre to sell drinks.
— The New Paper

China-backed trade pact talks at ‘critical stage’: Singapore PM
Talks on a China-backed free-trade pact have reached a “critical stage”, Singapore’s leader said Wednesday as he urged regional economic ministers to seal the deal by the end of the year.
— ABS-CBN News

Singapore, African firms seal deals, eye new markets at business forum
INLAND African nations are markets ripe for pre-fabricated infrastructure, according to a Singapore company that churns out such buildings.
— The Business Times

More home-grown talents to be used in tourism campaign
Eighty home-grown talents will feature in short films and promotional events overseas as part of the Singapore Tourism Board’s (STB) second wave of marketing activities under the Passion Made Possible brand.
— The New Paper

Man who slapped SMRT employee charged with voluntarily causing hurt
A man who allegedly slapped a 69-year-old SMRT employee was charged on Wednesday (Aug 29) with one count of voluntarily causing hurt.
— Channel NewsAsia

Top teachers honoured
As a 10-year-old child, Ms Angeline Chan saw a schoolmate having difficulties interacting with others.
— The New Paper

PM Lee just might’ve been right about the WiFi; Singapore’s data usage goes up 24 per cent
During his National Day Rally held on August 19, Prime Minister advised Singaporeans to cut down on their 4G usage when they are outside in efforts to better manage the rising cost of living.
— The Independent

Netizens aghast that Thai Citizen who lived outside of Singapore charged for defaulting on NS
On Tuesday (28 Aug), a 24 year-old Thai National was found guilty of defaulting on his national service obligations even though he had barely lived in Singapore.

MOM adopts new strategy to boost workplace safety
The Manpower Ministry (MOM) is using a new method to boost workplace safety – motivating companies by telling them how they fare compared with others in the industry.
— The New Paper

$1 billion may sound like a huge amount in GST vouchers but in reality, does it really help the average Singaporean?
The Straits Times has announced via an attractive headline that there will be $1billion worth of GST vouchers and Medisave top-ups which would benefit 1.6 million Singaporeans. While this all sounds good, is it misleading?

Malaysia-Singapore economic relationship is good: Minister Darell Leiking
Malaysia’s International Trade and Industry Minister Darell Leiking has described the economic relationship between Malaysia and Singapore as good.
–The Straits Times

New CPF rule indicates more Singaporeans may be in financial trouble
It was announced yesterday (28 Aug) that Central Provident Fund Board has changed its rules to allow HDB flat buyers the option to retain up to $20,000 in their CPF Ordinary Account when taking up HDB loans.

Japanese LPG firm Gyxis to open office in Singapore
Japanese liquefied petroleum gas (LPG) importer Gyxis Corp is planning to set up an office in Singapore soon, a company spokesman told Reuters on Wednesday.
— The Business Times

Singapore fund buys 30% of ISM
A Singapore fund management company is buying a 30 percent stake in listed ISM Communications Corp., a company now partly owned by businessman Dennis Uy.
— PhilStarGlobal

Man fined $10,000 for illegally dumping waste at Bedok Reservoir Road bin centre
An elderly Singaporean man was fined $10,000 on Wednesday (Aug 29) for illegally dumping waste at a bin centre.
— The Straits Times

Grab to invest US$250m in Indonesian startups in race against Go-Jek
The Singapore-based firm recently raised US$2 billion in fresh funding to expand in Indonesia, which it has earmarked as a priority market.
— Channel NewsAsia

Air pollution haze can put a dent in solar power
Ian Marius Peters, now an MIT research scientist, was working on solar energy research in Singapore in 2013 when he encountered an extraordinary cloud of pollution.
— TechExplore

Happy older people may live longer: Study
The survey was focused on individuals’ aged 60 years and older living in Singapore.
— Indian Express

Coal Import Scam: Adani Group Turns to B’bay High Court for Relief
Weeks after Singapore High Court ordered Adani Group to produce its crucial documents pertaining to Indonesian coal imports, as requested by India’s Directorate of Revenue Intelligence (DRI) through letters rogatory (LRs), on August 28, the Adani Group filed a petition in Bombay High Court seeking to quash all LRs issued by Customs Department to foreign countries against its firms.
— NewsClick

List Sotheby’s International Realty expands in Asia-Pacific with new Thailand, Indonesia and Vietnam offices
List Sotheby’s International Realty is expanding its foothold in the Asia-Pacific region, with the opening of new offices in three Southeast Asian countries, and the expansion of its Singapore office which will serve as its Southeast Asia regional headquarters.
— BusinessMirror

APAC Realty eyes expansion into China
APAC Realty Limited entered into a joint venture agreement with real estate consultancy firm Hainan Zhong Zhi Sheng He Real Estate Investment Consulting and investment firm Bei Guo Tou (Shanghai) Equity Investment and Fund Management.
— Singapore Business Review

Maroon 5 to perform in Singapore on Mar 7 next year
American pop rock band Maroon 5 will be performing in Singapore on Mar 7 next year.
— Channel NewsAsia

Social enterprise launches new platform to ‘incentivise giving’, encourage altruism
With a few clicks of the mouse, individuals can now make a donation online, and by doing so, earn a chance at winning a brand new Mercedes-Benz CLA 180 coupe, or other cash prizes.
— TodayOnline


Feature photo Suanpa


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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Maria Mirasol Rasonable graduated with a Bachelors Degree in journalism from Polytechnic University of the Philippines, Santa Mesa, Manila, Philippines.

She previously covered police rounds for Philippine Daily Inquirer as a trainee before becoming editorial staff at Gospel Komiks under the Communication Foundation for Asia (CFA-MG), Santa Mesa, Manila where she wrote lifestyle and trending fashion and styles articles.

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