Singapore Morning News For January 8

Singapore Morning News For January 8

Singapore morning newsJapan to make ‘all-out bid’ for KL-Singapore high-speed rail project
Japan is making an “all-out bid” for the Kuala Lumpur-Singapore high-speed rail (HSR) contract to construct Southeast Asia’s largest-ever infrastructure project.
Channel NewsAsia

New insurer Singapore Life acquires Zurich Life Sg and S$6b of coverage
SINGAPORE’S newest life insurer Singapore Life is acquiring the business portfolio of Zurich Life Singapore, the two firms said.
The Business Times 

Singapore to boost climate change defences
Due to its position on the Equator, Singapore may be spared tropical cyclones that last year wreaked havoc in the northern hemisphere.
The Straits Times (paywall)

Singapore a ‘gateway’ for ASEAN and India businesses: Iswaran
Singapore is a gateway for businesses in ASEAN and India to reach each other, said Minister for Trade and Industry (Industry) S Iswaran on Saturday (Jan 6) at a conference marking the contribution of the Indian diaspora in the region.
Singapore Government 

Singapore Changi: more healthy growth for SE Asia’s largest airport, prompting capacity investments
Singapore Changi Airport passenger traffic increased by 6% in 2017, and for the first time surpassed 60 million. On 18-Dec-2017 Changi became the first airport in Southeast Asia to reach 60 million passengers, beating out its rivals Bangkok Suvarnabhumi, Kuala Lumpur International and Jakarta Soekarno-Hatta.
CAPA Centre for Aviation

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Schools join fight against fake news
Three polytechnics and three universities told The New Paper they recently introduced courses to tackle the growing problem, which has worsened globally.
The New Paper 

Electronic components firms fined record S$19.5m for collusion
Four of the biggest manufacturers of electrical components here have been fined a record S$19.5m in total by the Competition Commission of Singapore (CCS), after they were found to have colluded with a fifth company — Panasonic Industrial Devices (Singapore and Malaysia) — to fix prices and collectively reject requests from customers for price reductions.
Today Online 

MMA: Singapore’s Tiffany Teo mixes it up in Phuket in preparation for title fight
There is hardly any time to chill out for Tiffany “No Chill” Teo, even in laid-back Phuket – the island in Thailand known for its reputation as an idyllic beach holiday destination.
Channel NewsAsia 

Banks, telcos in Singapore working to mitigate ‘Meltdown’ and ‘Spectre’ chip flaws
Essential-services sectors in Singapore are working furiously to mitigate cyber security risks linked to two critical hardware flaws discovered last year but made public only last week.
The Straits Times (paywall)

Singapore invention could help extend life of smartphone batteries
It involves restoring a battery that has reduced capacity due to repeated use.
The New Paper 

Singapore can provide good base for Indian companies: Teo Chee Hean
Singapore can provide a good base for Indian companies as a civil aviation, trading and financial hub, Deputy Prime Minister Teo Chee Hean today said.
Financial Express 

Succession Planning Called Into Question
Lee Hsien Loong became Prime Minister in 2004. The same year, Ho Ching became CEO of Temasek Holdings. So this year, Singapore’s power couple celebrate their 14th anniversary as the most powerful man and most powerful woman.
The Independent Singapore

MAS MD Ravi Menon best central bank governor in APAC
Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), has been named the best central bank governor in Asia-Pacific for 2018 by UK-based magazine The Banker.
The Independent Singapore 

Greater engagement needed to boost India-Asean ties: DPM Teo
Greater engagement and integration in the areas of regional trade agreements and digital solutions are key to strengthening the Asean-India partnership, said Deputy Prime Minister Teo Chee Hean on Sunday (Jan 7).
Today Online 

Commentary: Energy security also requires electricity to be affordable
Along with sustainability, energy security is another household term which anyone can say something about.
Channel NewsAsia

FAS explains why independent panel needed to handle NFL brawl hearing
A conflict of interest involving one of its top-brass Council members was why the Football Association of Singapore (FAS) decided to install an independent panel to investigate a brawl during a domestic football match.
Today Online 

Vehicular emissions scheme to have little impact on sales: Car dealers
The zero per cent vehicle growth rate policy will have more impact on COE prices, car dealers say.
Channel NewsAsia 

Hybrid cars zooming ahead, fuelled by rebates
According to Land Transport Authority statistics, there were close to 4,000 hybrid taxis on the road as at the end of November last year, making up about 17 per cent of the cab population.
The New Paper 

Food delivery companies vying for a slice of the pie
Like their ride-hailing counterparts, food delivery companies have massively disrupted their respective industries, overtaking traditional food deliveries made by eateries selling pizzas and fast food.
Today Online 

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Agencies aware of Toa Payoh resident’s ‘irregular behaviour’, working together to help resolve matter
Various agencies are aware of the “irregular behaviour” of the resident in Block 55, Toa Payoh Lorong 5 and are working together to “help resolve the matter”, said the Bishan-Toa Payoh Town Council on Sunday (Jan 7).
Channel NewsAsia 


Feature photo Dickson Phua


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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