Singapore Morning News For June 25

Singapore Morning News For June 25

Singapore morning newsHosting Trump-Kim summit cost S$16.3 million; security the biggest component: MFA
The actual cost of hosting the historic summit between United States President Donald Trump and North Korean leader Kim Jong Un incurred by the Singapore Government is approximately S$16.3 million, less than the earlier estimate of S$20 million, a Ministry of Foreign Affairs spokesperson said on Sunday (May 24).
Channel NewsAsia 

Singapore Home to Asean’s Most Innovative Universities
Innovate or die is an often heard catchphrase as government and commerce strive to stay ahead of rivals to deliver products and services that boost the bottom line or increase approval ratings.
AEC News Today 

Mahathir Revives Singapore Water Dispute, Takes Swipe at Trump
Malaysian Prime Minister Mahathir Mohamad has revived the muscular foreign policy that characterized his first stint in power, seeking to renegotiate a longstanding water supply agreement with Singapore and taking shots at both the U.S. and China.

NUS Divers Collect 100 kg of Trash From Singapore Marine Park
Two teams of divers from the National University of Singapore (NUS) collected more than 100 kilograms (about 220lb) of trash from the water surrounding Singapore’s first marine park to mark this year’s World Oceans Day, and International Year of the Reef.
AEC News Today 

DSTA seeking smart solutions for secured inventory management and maintenance assistant
In Singapore, the Defence Science and Technology Agency (DSTA), the central procurement agency for the Ministry of Defence (MINDEF) has launched an innovation call.
Open Gov Asia 

5G trial to stream live virtual reality content in Singapore
The targeted roll-out of the 5G network in Singapore by 2020 is picking up pace, with M1 and Chinese tech giant Huawei announcing on Thursday that they will be conducting a live demonstration of a 360-degree virtual reality (VR) content broadcast by the end of the month.
Bangkok Post 

China’s Co-Working Giant Ucommune to Eye More Locations in Singapore
Ucommune (Beijing) Venture Investment Ltd (known as Ucommune) is looking to expand on its current strong array of products in Singapore, the tech hub of Southeast Asia. Ucommune seeks to break the current market perception as the dark horse in the global co-working space, in a bid to make headways as the market leader.
AEC News Today/ PR Newswire (media release)

Going green: HDB closer to 2020 solar power target as it awards tender to Sembcorp
More Housing and Development Board (HDB) flats will be solar powered as the agency ramps up efforts to reduce Singapore’s carbon emissions and move closer to its target of having solar panels installed in 5,500 blocks by 2020.
Today Online 

Banks revamp financial services with technology to win customers | Video
With the fintech industry expected to reach US$265 billion by 2025, banks are looking into ways to woo customers with digital money management.
Channel NewsAsia (video)

Fast Asia Open: Indonesia trade data, Singapore CPI
China is cutting the amount of reserves the country’s banks are required to keep on deposit at the central bank, freeing up more than $100bn to help cushion a slowing economy and the impact of a potential trade war with the US.
Financial Times

Young, local and with global experience? Employers here want you
MORE Singaporeans and South-east Asians in their 20s to early 30s who have graduated or worked overseas are returning home to work here, recruiters told The Business Times.
The Business Times 

Asia’s Only Summit on Cross-Sector Enterprise AI Case Studies Returns to Singapore
Artificial Intelligence is now everywhere — whether we like it or not — and business leaders are now more aware than ever of the immense benefits this disruptive technology can bring to the bottom-line.
AEC News Today/ PR Newswire (media release)

Be it Singapore or Wakanda, the world’s best cities embrace and build on their past
By many measures, Singapore is a showcase of what future cities can be, and the city state’s dazzling skyline and infrastructure were well on display during the recent summit of United States and North Korean leaders.
Today Online 

10 men arrested for unlawful entry into Singapore
The police coast guard arrested 10 men for trying to enter Singapore illegally on Saturday (Jun 23) evening.
Channel NewsAsia 

Three kids and a flute. How India, Singapore can end index feud
The path to ending the custody dispute between the National Stock Exchange of India and Singapore Exchange Ltd. passes through a parable involving three kids and a flute.
Economic Times 

73% of parents admit financial strain with tuition: Study | Video
Parents in Singapore are feeling the pinch as they spend more on tuition for their children – but is the investment worth it? Deborah Wong has more on the story.
Channel NewsAsia (video)

Food and fun for 3,000 migrant workers at giant potluck
It took a month of planning coupled with the generosity of many to pull off what is believed to be the biggest potluck for migrant workers in Singapore.
The Straits Times 


Feature photo Michael Coghlan


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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