Singapore Morning News For June 13

Singapore Morning News For June 13

Singapore morning newsSingapore 20th most expensive city in the world for expats: Survey
Singapore has re-entered the top 20 most expensive locations in the world for expatriates, according to the latest cost of living survey by United Kingdom based consultancy firm ECA International.
Channel NewsAsia

Eye-disease cases in Singapore may spike in next two decades, study shows
The number of people with eye diseases in Singapore could increase sharply in the next 20 years, a local study has found.
The Straits Times 

Singapore part of Malaysia? US red-faced after ‘reunification’ blunder in Pompeo comments
As the US prepared for a summit some hoped may bring peace to the long-divided Korean peninsula, Washington accidentally hinted at another unlikely reunion by listing Singapore as part of Malaysia.
South China Morning Post 

KL-Singapore high-speed rail postponed, not scrapped: Malaysian PM Mahathir
Malaysia’s Prime Minister Mahathir Mohamad has said the High-Speed Rail (HSR) link between Kuala Lumpur and Singapore is “postponed”, and not scrapped.
The Straits Times 

PM Lee “probably made a difference” in US-North Korea summit: Trump
Speaking to the press following his unprecedented meeting with North Korean leader Kim Jong Un, President Trump thanked Singapore Prime Minister Lee Hsien Loong and the citizens of Singapore for helping to make the historic US-North Korea summit possible.
The Independent Singapore

Kenya, Singapore ink deal to cut taxes, boost investments
Kenya and Singapore have signed pacts that will see their firms pay taxes only once when their trade traverse the two states.
Business Daily Africa 

What’s next for Malaysia and Singapore?
The change of government in Malaysia represents a decisive turning point for the country.
The Edge Markets 

Singapore rivalry should not make Hong Kong averse to copying its models for success
It’s abnormal that a city state with a median household income of around S$9,000 (US$6,742), about 50 per cent higher than Hong Kong’s in 2016, can register a level of private consumption as a percentage of gross domestic product that falls way short of its peer.
South China Morning Post 

Hundreds of People Ride on the DYU Electric Bike on the Streets Celebrating the Foundation of DYU Singapore Operation Center
F-wheel subsidiary brand DYU Smart Bike formally stationed in Singapore on 10th June 2018, marking the official establishment of the first overseas operation center of DYU in Southeast Asia.
AEC News Today/ PR Newswire (media release)

Singapore retail sales a mixed bag; inches up 0.4% in April
RETAIL sales continued its lacklustre streak in April, ticking up marginally by 0.4 per cent compared to a year ago, dragged down by a sharp dip in computer and telecommunications equipment.
The Business Times (paywall)

Singapore Life launches chatbot to simplify insurance needs
Singapore-based insurer Singapore Life has launched its first self-learning chatbot to make life insurance easier to understand and more accessible to the public.
Asia Asset Management 

CDL and Global Initiatives launch Singapore series of UN Environment’s #BeatPlasticPollution campaign
In conjunction with World Environment Day, Dr Amy Khor, Senior Minister of State, Ministry of the Environment and Water Resources, launched the Singapore series of the UN Environment’s #BeatPlasticPollution Campaign at Marina Barrage.

First Asian Edition of Esports Tournament to Debut in Singapore
WeOne, a Blockchain-based esports tournament and gaming platform, together with esports organiser Cresmos, will host its first live esports tournament — Southeast Asian League (SEAL) in Singapore from 26-28 June 2018.
AEC News Today/ PR Newswire (media release)

Singapore’s first talent incubator Antler announces cohort of 55 founders
ANTLER, Singapore’s first homegrown talent incubator and startup generator, on Tuesday announced it has selected 55 founders for its inaugural programme starting July 2.
The Business Times (paywall)

Hiring intentions in Singapore hit a three-year high
Find out which sectors will most likely ramp up their hiring.
Employers in Singapore are reporting their strongest hiring intentions in nearly three years, according to the latest ManpowerGroup Employment Outlook Survey.
Singapore Business Review 

NTUC pulls Myanmar brand mangoes after S’pore importer accused of packing other varieties
Sometimes, what you pay for may not be what you see on the packaging.
In this instance, a fruit company named Myanmar Golden Produce Pte Ltd (MGP) — which supplies a type of mango called Sein Ta Lone mango — is accusing a Singapore importer of selling inferior mangoes under their brand.

Yahoo News promotes Prime Minister Lee Hsien Loong to “President”
The world was focused on Singapore very recently as the little red dot was designated as the meeting place between US President Donald Trump and North Korean leader Kim Jong Un.
The Independent Singapore 

DATAVLT and QED Consulting forms Strategic Partnership to marry Blockchain and Strategy
DATAVLT announced the ground-breaking partnership with leading digital transformation consultancy – QED Consulting (QED).
AEC News Today/ PR Newswire (media release)

Video shows Singapore school students throwing tables, chairs in shocking classroom brawl
A shocking video showing students from a Singapore boys’ school wrecking their classroom has been circulating online.
Asia One 

Prices of resale condominiums and apartments up again: SRX
The en-bloc rally continued to boost the private home market last month, with prices of resale condominiums and apartments up again.
The New Paper 


Feature photo Salmiac


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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