Singapore Morning News For June 4

Singapore Morning News For June 4
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Singapore morning newsDigital Readiness Blueprint unveiled to prepare Singaporeans for a digitised world
From the later half of this year, seniors who find digital services and mobile applications daunting to use may approach “digital concierges” at community centres near their homes to get one-on-one help.
Today Online 

A ‘lose-lose scenario for the world’ if US, China won’t work together: Ng Eng Hen
The United States’ recent unilateral tariffs on steel and aluminium imports, based on national security grounds, and China’s moves actions on disputed territories, similarly for security reasons, have challenged the status quo and accepted rules which have benefited Asia, Defence Minister Ng Eng Hen said on Sunday (Jun 3).
Channel NewsAsia 

Singtel developing telco network planning app
Singtel’s data analytics subsidiary DataSpark is working with consulting company Analysys Mason to develop a network planning app for mobile operators. 

EXCLUSIVE – OpenGov recognises 11 Singapore government agencies in their efforts to support Singapore’s Smart Nation drive
The OpenGov Recognition of Excellence (RoE) 2018 recognised 11 Singapore government agencies for improving the lives of citizens through the use of digital technology. The RoE aims to set new benchmarks for government ICT innovation in the ASEAN and ANZ regions.
Open Gov Asia 

Singapore the world’s best country for children to grow up in: NGO report
Singapore is the joint-best country in the world — along with Slovenia — for children to grow up in, according to a report published by non-governmental organisation Save the Children.
Today Online 

National Cancer Centre Singapore embarks on campaign to raise $70m in four years
Over the past four years, the National Cancer Centre Singapore (NCCS) has quietly raised $80 million in a behind-the-scenes donation drive.
The Straits Times

Singapore crypto startup gets $16.46b for blockchain tech
The platform FUSION allows companies to tap into a global network and interact with other cryptocurrencies.
Singapore Business Review 

Singapore’s GIC divests entire stake in Vietnamese taxi firm Vinasun
Singapore’s sovereign wealth fund GIC has decided to fully exit its four-year-old investment in Vietnamese taxi firm Vinasun (VNS) at a time when traditional cab operators are struggling given the rise of ride-hailing technology players.

Singapore’s logtech startup Moovaz eyes Asia expansion after securing $1m
Moovaz, a Singapore-based logistics technology (logtech) startup that specializes in international relocation, announced that it has secured a $1-million seed funding from a group of investors, including key personnel from Ong Beng Seng’s family office fund, Mojo Partners.

Work is slowly winding down at the container terminals in Singapore’s bustling commercial centre.
South China Morning Post

Singapore Telecommunications Limited Is Trading Close To Its 52-Week Low Price: Is It Cheap Now?
In the last 12 months, Singtel’s share price was down by 14% and is currently trading close to its 52-week low price (as of the time of writing). This raises an important question: Is Singtel’s stock cheap?
The Montley Fool 

Singapore, Malaysia agree to strengthen bilateral defence relationship
Singapore and Malaysia affirmed warm and long-standing defence relations, as the countries’ defence ministers met on Sunday (Jun 3), a press release from Singapore’s Ministry of Defence (MINDEF) said.
Channel NewsAsia 

The Singapore hotel where top brass, dealers and spies rub shoulders
For the region’s military officers, diplomats, weapons manufacturers and spies, there are few livelier places than the lobby of Singapore’s Shangri-La hotel around mid-year.

Singapore signs defence agreements with UK, Germany
Singapore signed two separate defence agreements with the United Kingdom and Germany on Saturday (Jun 2), covering areas such as cybersecurity, counter-terrorism and maritime security.
Channel NewsAsia 

Singapore breaks with region in adopting NDAs
Shenzhen may be Asia’s Silicon Valley, but when it comes to protecting company secrets it is Singapore that it taking a page from the US technology hub’s playbook.
Financial Review 

Singapore’s CAD and MAS warn investors about unregulated online trading platforms
On 31 May, the Commercial Affairs Department (CAD) of the Singapore Police Force and Monetary Authority of Singapore (MAS) advised the public to exercise extreme caution when dealing with unregulated online trading platforms.
Open Gov Asia

Ramadan diaries: The secret life of migrant workers
They get up at 4.30am and get to work on building our city. A glimpse into the lives of construction workers during Ramadan – the hardships, sacrifices and the support that they receive.
Channel NewsAsia (video)

Asean will not be put in position to pick between world powers: Ng Eng Hen
ASEAN will continue to maintain its centrality, and will not be put in a position to pick among the world powers, said Defence Minister Ng Eng Hen at the end of the Shangri-La Dialogue, during which the Indo-Pacific emerged as a buzzword.
The Business Times 

Singapore invites China to test artificial intelligence solutions | Video
China has been invited to test its artificial intelligence (AI) solutions in Singapore and work together to help the region tackle everyday problems in areas such as healthcare and banking. Leong Wai Kit with the highlights.
Channel NewsAsia (video)

Singapore Says U.S., China Both Risking Status Quo With Actions
Singapore Defence Minister Ng Eng Hen criticized both the U.S. and China for taking “unilateral actions,” lumping the two rivals together as nations challenging the current global order.

Who will pay for Kim Jong Un’s hotel stay in Singapore?
The question of who will foot the bill for North Korean leader Kim Jong Un’s anticipated upcoming stay in Singapore is just one of the logistical issues that will need to be hammered out ahead of the June 12 summit. For the cash-strapped nation, the answer may not be North Korea.
CBS News 

Asean’s ’11th member’ dips a toe in the bloc
ASIA-PACIFIC law firm King & Wood Mallesons (KWM) has launched an international trade and investment practice with partners at its three-year-old office here on the back of an uptick of interest in South-east Asia.
The Business Times

Johor rethinks efforts to trump Singapore at tourism
An integrated resort built on a tropical beachfront, boasting a famed Hard Rock Hotel, an adventure waterpark and a world’s largest attraction of some sort.
Channel NewsAsia

Enterprise Singapore forms partnership to allow faster access to India’s startup ecosystem
According to a recent announcement, Enterprise Singapore (ESG) signed a Memorandum of Understanding (MOU) with The Indus Entrepreneurs (TiE), one of the largest global entrepreneurship organisations.
Open Gov Asia


Feature photo Ria Tan


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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