Singapore Morning News For January 31

Singapore Morning News For January 31

Singapore morning newsMore than 3,500 recognised in Singapore healthcare awards
Going to the National Heart Centre to seek treatment for a heart condition can be intimidating, so senior nurse manager Tina Teo always takes the time to speak with patients and allay their fears and anxieties.
Channel NewsAsia 

S’pore attracted S$9.4bn worth of investments in 2017, halting 4 years of decline
After four consecutive years of decline, the Republic secured S$9.4 billion worth of in-bound investments last year, maintaining the level seen in 2016 but with more jobs and greater value-add expected to be generated.
Today Online 

Singapore downgrades rating of Michelin-star outlet
A Michelin-star restaurant in Singapore has been hit with a hygiene downgrade by health authorities after more than three dozen guests at a wedding reception fell ill, having eaten food prepared by its kitchen staff.
Bangkok Post 

Voters urge PAP MP Louis Ng to speak out against detention without trial in Parliament
Voters are urging ruling party parliamentarian Louis Ng to speak out against detention without trial under the Criminal Law (Temporary Provisions) Act (CLTPA), which will be up for debate in Parliament. Ng is scheduled to speak on the proposed extension of the CLTPA when Parliament convenes next month.
The Independent Singapore 

South Korean ambassador to Singapore dismissed: Report
South Korea’s ambassador to Singapore Lee Sang-deok has been dismissed from his post, the Korea Times reported on Tuesday (Jan 30).
Channel NewsAsia 

Singapore, Fujairah bunker fuel prices at multi-year highs on rising crude, demand
Bunker fuel prices in Singapore and Fujairah are currently at highs not seen seen late 2014 and mid-2015 respectively amid rising upstream crude oil prices and steady bunker demand.

Cleaning companies allowed to hire foreign part-time cleaners in pilot scheme
The Ministry of Manpower (MOM) has launched a pilot programme to allow 15 cleaning companies in Singapore to recruit workers from overseas who can offer part-time cleaning services to households.
Channel NewsAsia 

EDB forecasts S$8-10b in fixed-asset investments for 2018
INVESTMENT commitments in Singapore held steady last year at S$9.4 billion, similar to 2016 levels and within the Economic Development Board’s (EDB) forecasts.
The Business Times 

More in Singapore popping vitamins, supplements
The money spent on such products hit US$374.4 million last year, up by nearly US$31 million from 2012, said a research firm.
Borneo Bulletin 

Singapore, Qatar and United Arab Emirates top new Belt and Road Index, India ranked 14th
The Belt and Road Initiative (BRI) was launched by China in 2013, with an aim to revive the great Silk Road as well as provide a new platform for multilateral cooperation to create new trade routes, economic links and business networks
Money Control 

Singapore outspends China on US property for first time in years
For the first time since 2012, Singapore outspent China to be the largest Asian investor in US commercial property, as deals by Chinese investors plummeted amid a regulatory pressure from Beijing.
Asia Times

Singapore durian-themed cafe smells winning combination
A Singapore eatery centered around the pungent tropical fruit durian has caught a whiff of success as patrons flock to the cafe in droves for a bite of its exotic offerings.
The Star Online 

Signs of upswing as slide’s over in Singapore’s playground for the rich
A nascent recovery in Singapore’s housing market is showing signs of reaching Sentosa, a tiny isle off the southern tip of Southeast Asia’s wealthy island state that is both a playground for partying Singaporeans and home for rich ex-pats.
Business Insider

Singapore Offers Translators USD 7,500 to Upgrade Their Skills
The government of Singapore has launched a ‘Translation Talent Development Scheme’, which offers recipients a bond-free subsidy of up to 90% of costs – capped at SGD 10,000 (USD 7,647) per awardee – for training and courses related to translation, interpretation and language technology.

MAS mopping up excess liquidity amid decline in interest rates
THE plunge in short-term local interest rates has prompted the regulator to mop up excess liquidity by increasing the size of its bill auctions.
The Business Times 

Fitness tracking app could be ‘serious security threat’ to Singapore
Concerns over the Strava fitness tracking app compromising military locations worldwide may extend to Singapore, but the way forward is to adapt rather than regulate, said security experts on Tuesday (Jan 30).
Channel NewsAsia

Singapore’s SpherePay completes $10 million funding round
SpherePay, Singapore’s homegrown mobile payment app, announced today that it has completed its fundraising exercise which saw the company raising over USD 10 million. It has not disclosed the name of investors due to on-going developments.


Feature photo Chuwa (Francis)


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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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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