Singapore morning news for September 25

Singapore morning news for September 25

Singapore morning newsSingapore Imposes Fines, Restrictions Over Uber-Grab Deal
Regulators fined ride-hailing firms Grab Inc. and Uber Technologies Inc. and imposed operating restrictions on the former after ruling that a merger earlier this year was anticompetitive.
The Wall Street Journal

Uber, Grab Singapore Fine Shines Spotlight on M&A Notice Rules
Singapore’s first-of-its-kind fine Sept. 24 against Uber Technologies Inc. and rival Grab marks a test case for competition regulation in Southeast Asia and Singapore’s relatively new law.

Singapore ‘maids for sale’ ad sparks investigation
Online ads in Singapore offering Indonesian maids for sale have drawn accusations of irresponsible marketing and human trafficking. DW spoke with the NGO Migrant Care about how domestic workers become “commodities.”
Deutsche Welle

S&P Global Platts setting up Singapore innovation lab to drive digitalisation of commodity markets
Energy and commodities price agency S&P Global Platts is setting up an innovation lab in Singapore to catalyse the digitalisation of commodity markets.
Straits Times

Former CHC leader Chew Eng Han wanted to leave Singapore as early as October last year
Adamant that he “did not want to be convicted” and sent to jail, and feeling a sense of “injustice and (unfairness)” over his court case, former leader of City Harvest Church (CHC) Chew Eng Han had contemplated leaving the country on multiple occasions.

PM Lee welcomes new citizens to Singapore, urges them to contribute
To take up citizenship is a deep commitment and “two-way process”, said Prime Minister Lee Hsien Loong yesterday at a ceremony to welcome new Singaporeans in his constituency.
Asia One

Top Energy Leaders to discuss “Transforming Energy: Invest, Innovate, Integrate” at the Singapore International Energy Week 2018
The 11th Singapore International Energy Week (SIEW) will bring together distinguished global energy leaders to share insights and perspectives on the theme, “Transforming Energy: Invest, Innovate, Integrate” from 29 October to 2 November 2018.
AEC News Today/PRNewswire (media release)

Critical for the straits of Malacca and Singapore to remain open, safe and clean: Khaw Boon Wan
Every year, more than 80,000 vessels pass through the straits of Malacca and Singapore, carrying a third of the world’s traded goods.
Straits Times

The Straits Clan: a private club in Singapore where creative ‘movers and shakers’ can feel at home
Neo-tribalism has taken hold of our culture these days with the need for human connection greater than ever as people scramble to find their “tribe”.
South China Morning Post

Fidelity’s investment arm, Eight Roads, opens in Singapore
Fidelity International’s investment arm, Eight Roads, has announced the opening of its Singapore office as part of a longer-term drive to expand in South-East Asia.
International Investment

British Council in Singapore announces launch of IELTS on computer
IELTS, the world’s most popular English test for higher education and migration can now be taken on a computer from 9 October 2018 onwards.
AEC News Today/PRNewswire (media release)

Police warn of concert ticket scams ahead of high-profile gigs
The Singapore Police Force (SPF) warned the public to be wary of online purchase scams involving the sale of concert tickets.
Channel NewsAsia

How Singapore’s food industry is shaking things up
THE food and drinks in your local supermarkets are changing – from the way they are produced to how they are packaged.
The Business Times

Singapore is No. 13 globally in human capital study, beating Japan and the US
A scientific study assessing countries on their levels of human capital has ranked Singapore 13th worldwide.
Straits Times

Singapore SMART Investment and International Property Expo 2018 Successfully Hosted
The latest cooling measures implemented by the Singaporean government on residential properties is driving increasing numbers of Singaporeans to shift their budgets to investments in the overseas property market.
— AEC News Today/ PR Newswire (media release)

Singapore Investors Are Picking REITs Over Developers
Buy the businesses that hold the real-estate assets rather than the ones that sell them. That’s the message from a growing number of analysts in Singapore who say REITs, or real estate investment trusts, are a better bet than developers in light of the island’s recent cooling measures.

Tributes pour in for retiring Singapore midfielder Fahrudin Mustafic
After announcing his retirement from professional football on Saturday night, tributes have been pouring in for Singapore midfielder Fahrudin Mustafic.
Fox Sports Asia

National Library Board of Singapore Receives Digital Innovation Award
Rakuten OverDrive, the world’s leading digital reading platform for libraries and schools, presented the 2018 Digital Innovation Award to the National Library Board Singapore (NLB) at a ceremony in Singapore last month.
— AEC News Today/ PR Newswire (media release)

Freemuse and ARC call for Singapore government to drop charges against artist Seelan Palay
Freemuse and Artists at Risk Connection (ARC) are calling for the Singapore government to drop all charges against artist Seelan Palay in relation to his 1 October 2017 peaceful performance, and have sent letters to Judicial Commissioner and Presiding Judge of the State Courts See Kee Oon and Minister for Culture Grace Fu.

The Big Read: As ASEAN economies take off, young Singaporeans need to shed misperceptions about the region
Contrary to perceptions, Southeast Asia is flourishing economically and socially, charting exponential growth over the past one to two decades – yet young Singaporeans think the region is ‘dilapidated’ and ‘backwards’.
Channel NewsAsia


Feature photo: Rhododendrites

This week’s Singapore morning news feature photo acknowledges World Maritime Day September 27.


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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