Singapore Morning News For February 7

Apple Wins Singapore CNY2018 Sadvertisement Battle by TKO (HD video)
With Chinese New Year 2018 (CNY2018) a little more than a week away American multinational technology company Apple has thrown its hat into the Singapore CNY2018 sadvertisement ring with its own take on family togetherness at such a time… and it is awesome!
— AEC News Today

Malaysia, Singapore launch new trade link to boost liquidity
Singapore and Malaysia announced plans on Tuesday for a new trading link between their stock markets by the end of the year that will help lower trading costs and encourage cross-border investments.
— Reuters

Why China is friend and foe at the Singapore Air Show
China’s growing military might is prompting other nations in the region to spend more on weapons.
— CNN Money

Singapore tax hike to fund growth sectors: Economist
Singapore may be looking at tax hikes to fund new growth sectors, such as Fintech, said Mahamoud Islam, Senior Economist for Asia at Euler Hermes in an interview to WFTV yesterday.
— The Independent Singapore

90% of Singapore university students not aware of hidden sugars in food and drinks: NTU study
Up to 90 per cent of university students in Singapore are unable to identify hidden sugars added to food and drinks, according to the results of a survey released last Monday (Jan 29) by Nanyang Technological University (NTU).
— Channel NewsAsia

Singapore touts improved software on newly received Seahawk helos
Singapore has taken delivery of two Sikorsky S-70B Seahawk naval helicopters it ordered in 2013, with one of the newly delivered helicopters on display at the ongoing Singapore Airshow.
— Defense News

Government ‘has gone too far’ with Criminal Law (Temporary Provisions) Act: WP
The Workers’ Party (WP) on Tuesday (Feb 6) said in Parliament the Government had “gone too far” with amendments to the Criminal Law (Temporary Provisions) Act (CLTPA).
— Channel NewsAsia

54% of Singaporean children exposed to at least 1 cyber risk: Study
A new study released on Tuesday (Feb 6) showed that 54 per cent of Singapore children aged between eight and 12 are exposed to at least one cyber-risk, which includes cyberbullying, video game addiction, offline meetings and online sexual behaviour.
— Channel NewsAsia

Singapore’s mystifying political succession
Whoever emerges as Singapore’s premier-designate, two things are certain. First, he will come from the People’s Action Party (PAP), the only ruling party Singapore has known since it became self-governing in 1959.
— New Mandala

Govt to review development control rules, mulls over senior care leave
In order to provide more clarity on retirement housing options for the elderly, the Government will be reviewing its guidelines on development control, said Minister for Social and Family Development Desmond Lee in Parliament on Tues (Feb 6).
— Today Online

Singapore risks destroying past in race to build: Top archaeologist
Singapore faces a race against time to save its past, according to its top archaeologist, who warns relentless development in the land-scarce city-state comes at a heavy price.
— Asia One

‘We are not done building Singapore’: Build for the future but be prudent, says Heng Swee Keat
Growing the economy and enhancing the liveability of Singapore will require continued spending on infrastructure developments, but these will have to be done with prudence.
— Channel NewsAsia

For China’s Wealthy, Singapore Is the New Hong Kong
When more than 80 of China’s wealth managers gathered recently at the Shangri-La hotel on Singapore’s resort island of Sentosa, the chatter during tea breaks kept returning to one theme: Hong Kong is starting to be eclipsed by Singapore as the favorite destination for the wealth of China’s rich.
— Bloomberg

DSTA Singapore signs agreement with Boeing to use data analytics for aircraft maintenance
Singapore’s Defence Science and Technology Agency (DSTA) and Boeing signed a collaboration agreement (CA) on 6 Feb 2018 to co-develop and engage in research and experimentation in data analytics.
— Open Gov Asia

8 ways to help push Singapore’s digital drive
Singapore may be tops in the provision of digital public services but more needs to be done with the smaller, everyday things, like getting all taxis to accept non-cash payment
— The Straits Times (paywall)

SINGAPORE SEES NO REASON TO BAN CRYPTOCURRENCY TRADING
As China steps up its efforts to eradicate Bitcoin buying and cryptocurrency trading from within its borders, Singapore sees no reason to ban “experimental” cryptocurrency trading in the city-state.
— Bitcoinist

Singapore Lawmakers Question Prime Minister Over Crypto Regulation
Members of Singapore’s parliament have expressed interest in developing regulations to oversee the country’s cryptocurrency sector.
— Coin Desk

Why Singapore needs Tuas mega port to keep ruling the seas
In the heart of port operator PSA’s newly expanded Pasir Panjang Terminal, the Republic’s long-term maritime ambitions are being put to the test.
— Channel NewsAsia

Ministers underline need to address root causes of Rohingya crisis
Asean foreign ministers have said that they look forward to the safe, dignified and voluntary repatriation of Rohingya refugees to Myanmar, following a briefing on the situation by its Minister for International Cooperation Kyaw Tin.
— The Straits Times (paywall)

Feature photo Justin Zhuang

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 February 7 added by Leakhena Khat on February 7, 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.