Singapore morning news for September 28

Singapore morning news for September 28
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Singapore morning newsNUS, Mahidol casualties of rising China & Malaysia: 2019 World University Rankings
The Times Higher Education (THE) World University Rankings are out for another year and while there’s some minor shuffling in the top 10, lower down the list where most Asean universities sit there’s some considerable disruption taking place.
— AEC News Today

Feedback prompts changes to new crime-fighting powers for taxman
An upcoming bill to allow the taxman to investigate serious crimes will be tweaked to clarify how these powers can be exercised, following a public consultation earlier this year.
– Straits Times

New quantum space technologies: the UK and Singapore collaborate on £10m satellite project
The UK and Singapore are developing new quantum space technologies and are partnering to build and fly a satellite quantum key distribution (QKD) test bed.
– SciTech Europa

Child among those suffering side effects after taking Malaysian drink
The Health Sciences Authority (HSA) has warned the public to avoid buying and consuming two juice drinks from Malaysia after they were found to have caused serious steroid-induced side effects in at least five people, including a child.
The New Paper

Singapore, China working towards early conclusion of RCEP: Singapore minister
Singapore and China are working towards an early conclusion of the Regional Comprehensive Economic Partnership (RCEP) which will demonstrate their shared commitment to free trade and liberalization, a Singaporean official said on Wednesday.

Payments infrastructure firm Stripe to build Asia-Pacific engineering hub in Singapore
Payments infrastructure firm Stripe said on Thursday (Sept 27) that it has selected Singapore as the site for its Asia-Pacific engineering hub.
Straits Times

Singapore-based digital health company raises $9.75m
Holmusk, a digital health company focused on improving the outcomes for people suffering from chronic diseases, raised $9.75m in pre-series A round of financing.
Innovation Enterprise

Keppel Corporation Limited and Singapore Press Holdings Limited Seek Majority Control of M1 Ltd
Keppel Corporation Limited (SGX: BN4), together with Singapore Press Holdings Limited (SGX: T39), wish to gain majority control of M1 Ltd (SGX: B2F) to drive business changes in M1 to enable the telco to compete more effectively in the telecommunications industry.
The Motley Fool Singapore

Singapore Airlines renews marketing deal with Tourism Australia
Singapore Airlines has struck a further marketing agreement with Tourism Australia in a three-year deal worth S$11m.
Mumbrella Asia

R/GA Singapore rolls out AI division to help transform customer experience
R/GA Singapore has launched Brand AI, a bespoke capability dedicated to creating artificial intelligence (AI) solutions embodying the voice and tone of brands.
Marketing Interactive

RHB Singapore partners Delta Insurance to offer cyber insurance
RHB Singapore is collaborating with Delta Insurance Singapore to offer its commercial and corporate customers cyber insurance with free risk assessment and consultation.
The Edge Markets

ICA officer charged with abusing power, accepting sexual favours
A staff sergeant with the Immigration and Checkpoints Authority (ICA) was charged on Thursday (Sep 27) with 33 counts of abusing his authority, including accepting sexual favours.
Channel NewsAsia

The Perfect Pairing Of Krug Champagne And Fish
Five chefs have stepped up to the challenge with signature dishes or set menus that perfectly complement the edition 166.
Singapore Tatler

Petition to keep Singapore’s anti-gay law wraps up with 109,000 signatures
A petition in support of Singapore’s anti-gay law has concluded with 109,000 signatures. Organizers handed the petition to ‘government officials’ earlier this week, according to the page.
Gay Star News

Virtual Singapore project could be test bed for planners – and plotters
With the click of a button, Singapore’s security forces could soon use a digital version of the city-state to simulate a bomb threat at a sports stadium – and learn how to respond if there was a real attack.
Reuters via Euronews

Feel Sorry For The Crew: Singapore Airlines Is One Step Closer To Launching The World’s Longest Flight
This will be a flight that no crew member wants to ever see on their roster… Singapore Airlines is one step closer to launching the world’s longest flight from Singapore to Newark, New York.
– Paddle Your Own Kanoo

Singapore population reaches 5.64 million, with 30,000 more citizens
The total population here grew by 0.5 per cent in the 12-month period ending in June 2018 to reach 5.64 million, an increase of 30,000 buoyed mainly by more births among Singaporeans as well as the addition of new citizens.
Straits Times

Singapore’s Keppel Land, BDO top off The Podium West Tower in Mandaluyong
Banco de Oro Unibank (BDO) and Singapore’s Keppel Land Limited on Thursday said their joint venture, The Podium West Tower, was on track for completion by the second quarter of 2019.

New guide to help charities be more transparent
Charity organisations will be in a better position to present its financial information, use of donations, and activities, with a new Visibility Guide framework introduced by the Commissioner of Charities (COC).
– Straits Times

Singapore shares snap six-day winning streak after Fed meeting
Singapore shares Thursday snapped a six-day winning streak as general risk-off sentiment pushed cyclical stocks lower while investors mull over further rise in U.S. interest rates. Malaysia ended flat.
Nikkei Asian Review

Singapore fuel oil inventories jump as weekly exports fall to over 7-year low
Singapore fuel oil inventories jumped 15% to a 10-week high in the week to Sept 26, boosted by thin export volumes, official data showed on Thursday.
Reuters via The Edge Markets

Axiata likely to reject Keppel-led offer for Singapore mobile firm M1 — source
Malaysia’s Axiata Group Bhd, the largest shareholder in Singapore-listed M1 Ltd, is likely to reject an offer led by conglomerate Keppel Corp to acquire M1, a source with direct knowledge of the matter said on Thursday.
Reuters via The Edge Markets

Minister: Malaysia, Singapore to share technology in plastic waste management
Malaysia and Singapore have agreed to share technology and find ways to mitigate waste management including plastics and packaging waste, an issue both nations regard as important at the regional and international fora, said Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin.
Malay Mail

Club Street hotel site up for tender
It can yield up to 390 rooms. A hotel site in Club Street is launched for public tender by the Urban Redevelopment Authority (URA) under the Confirmed List of the second half of the Government Land Sales (GLS) programme.
– Singapore Business Review

Virtual Singapore to help simulate bomb threat and to learn how to respond to it
With the click of a button, Singapore’s security forces could soon use a digital version of the city-state to simulate a bomb threat at a sports stadium – and learn how to respond if there was a real attack.

Singapore’s Grab in talks to sell Thai unit stake to Central Group: sources
Singapore-based ride-hailing firm Grab is in talks to sell “a decent-sized stake” in its Thai business to Thailand’s largest retailer, Central Group, people with direct knowledge of the matter told Reuters on Thursday.
Reuters via Yahoo News

Singdollar strengthens against ringgit and rupiah, weakens against US dollar after Fed hike
The Singdollar has been strengthening against the ringgit and the rupiah. A check on Thursday night (Sept 27) showed that one Singdollar could buy RM3.0336 compared with RM3.0266 at the start of the year.
Straits Times

Singapore tourist arrivals posted healthy increase in first half of the year
About 9.2 million tourists visited Singapore between January and June this year, a robust 7.6 per cent increase over the same period last year.
Straits Times

Global Consortium Completes First Phase of Subsea Cable Connnecting Australia, SE Asia
A global consortium involved in the construction of the Indigo subsea cable system that will connect Australia and Singapore, announced earlier this week that it has completed the 2,400-kilometer first phase of the project between Perth and Christmas Island, south of Java.
The Jakarta Globe

Pokka CEO suspended in management reshuffle
A chief executive at beverage company Pokka, Mr Alain Ong, has been suspended from his position in a management shake-up last week.
The New Paper

Clarity sought over random drug tests at international schools here
A test case now before the Personal Data Protection Commission (PDPC) could decide how random drug tests for international school students stand with data protection laws here.
The New Paper


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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