Singapore morning news for June 14

Singapore morning news for June 14

Singapore morning news

29 private jets worth $1.4b may be delivered to S’pore over next 6 years
As many as 29 new private jets worth around US$1 billion ($1.4 billion) could be delivered to Singapore between now and 2025, according to analysis by Shearwater Aero Capital, a US-based global corporate aviation finance specialist.
— Straits Times (annoying popups)

Jeffrey Ong faces 8 more charges; CAD receives new reports
EIGHT fresh charges were laid before JLC Advisors managing partner Jeffrey Ong Su Aun on Thursday – all for alleged offences of forgery for the purpose of cheating, amid fresh police reports of another S$16 million in unauthorised transactions.
— The Business Times

Stiff penalties for sexual offences take effect
New and tougher sanctions for sexual misconduct at the National University of Singapore (NUS) took immediate effect yesterday.
— Straits Times (annoying popups)

Retrenchments rise, vacancies fall as job market turns soft
Retrenchments rose in the first quarter of the year as the manufacturing sector shed staff, after likely being hit by the escalating trade war between the United States and China.
— Straits Times (annoying popups)

New police e-commerce fraud unit nabs 26 scammers in 2 months
As the number of online shoppers grows, so has the number of e-commerce scams, which rose by 11.4 per cent to 2,125 cases last year, up from 1,907 in 2017.
— Straits Times (annoying popups)

AEC News Today mobile app for Android V2.0

Singapore, UK ink deals to boost partnership in financial services
Singapore and Britain signed three agreements in London yesterday that will boost collaboration in financial services.
— Straits Times (annoying popups)

Today’s top tech news, June 13: Singapore launches matchmaking initiative for startups, potential investors
These curated deal-making sessions will be organised based on sectors such as banking and finance, fintech, transport and mobility Singapore launches matchmaking initiative for startups and potential investors [KrAsia].
— e27

Civil servants to get 0.45-month mid-year bonus and one-off lump sum payment
Civil servants in Singapore will receive a 0.45-month mid-year bonus and a one-off payment of at least S$200, the Public Service Division (PSD) said on Thursday (Jun 13).
— Channel NewsAsia (very annoying popups)

“Where is the magic moving escalator?”Lawyer Khush Chopra questions Tharman on his statement on upward mobility of all citizens
Senior Minister Tharman Shanmugaratnam, who is also Coordinating Minister for Social Policies, said at the Institute for Government’s 10th-anniversary conference in London on June 12, that society needs a moving escalator that ensures the upward mobility of all citizens.
— The Independent

S$270 million in MediSave top-ups for eligible seniors in July
Eligible seniors will receive a total of S$270 million in MediSave top-ups in July under the Pioneer Generation and Merdeka Generation packages, the Ministry of Health (MOH) and Ministry of Finance (MOF) announced on Thursday (Jun 13).
— Channel NewsAsia (very annoying popups)

A Deeper Look Into SIA Engineering’s 52% Share Price Decline
SIA Engineering Company Ltd (SGX: S59) has seen its share price withering over the last five years. Is this justified, and is a turnaround in the cards?
— The Motley Fool

How to Set Up a Non-Profit Organization in Singapore
In this issue of ASEAN Briefing magazine, we discuss the options available to foreign nationals and entities for setting up a non-profit organization (NPO) in Singapore.
— Asia Briefing

Laos local bank partners Everex to facilitate blockchain-based cross border payments
Lao Development Bank (LDB) and Singapore-headquartered blockchain-based fintech Everex have signed Memorandum of Understanding (MOU) on the initiative Lao Development Bank (LDB) and blockchain-powered fintech Everex have signed an MOU, pledged to implement blockchain technology for cross border payments and trade finance.
— e27

LTA wins award for inclusive bus trip app
A mobile application that alerts bus drivers to passengers with special needs who are boarding or alighting has won the Land Transport Authority (LTA) an international prize.
— Straits Times (annoying popups)

Bulk of retrenched residents in Q1 are PMETs
Professionals, managers, executives and technicians (PMETs) continued to make up the majority of retrenched residents in the first three months of this year, and will bear the brunt as the employment outlook worsens, say experts.
— Straits Times (annoying popups)

Gojek customers can now pay for rides with DBS PayLah!
Gojek riders can pay for their rides via DBS PayLah!, as DBS and Gojek expand their payment services partnership in Singapore.
— Straits Times (annoying popups)

Grab said to have held talks to buy payments start-up 2C2P
Singapore ride-hailing giant Grab held talks to acquire payments provider 2C2P and was turned down, according to sources, a sign of the ambitions South-east Asia’s most valuable start-up has in financial services.
— Straits Times (annoying popups)

ExxonMobil completes expansion of S’pore refinery
American oil and gas giant ExxonMobil has completed an expansion at its Singapore refinery in Jurong to upgrade the production of its proprietary EHC Group II base stocks, it said in a media statement on Wednesday night.
— Straits Times (annoying popups)

NTUC Income to launch financial advisory firm
NTUC Income is establishing a financial advisory (FA) subsidiary – Infinitum Financial Advisory, to be led by the insurer’s head of agency, Mr Ronald Tan.
— Straits Times (annoying popups)

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Retrenchments grow in Q1 as manufacturing takes a hit: MOM
Retrenchments rose in the first quarter of the year, driven by losses in the manufacturing sector, the Ministry of Manpower (MOM) said on Thursday (Jun 13).
— Channel NewsAsia (very annoying popups)

Faster immigration clearance for eligible UK travellers to Singapore
Eligible UK passport holders will be able to clear immigration faster when arriving in Singapore starting Thursday (Jun 13).
— Channel NewsAsia (very annoying popups)

Who runs the Facebook pages of cabinet ministers? Who pays them?
In early 2019, Facebook released a new tool called ‘Page Transparency’ which allows people access to more information about a page and who is managing it.
— The Online Citizen

Trust placed on teachers shouldn’t be ‘trivialised’: MOE on comments that sexually exploited boy was ‘lucky’
The integrity of the teaching profession and the trust placed on teachers in all their interactions with students is a serious matter and should never be trivialised, said the Ministry of Education (MOE).
— Channel NewsAsia (very annoying popups)

Singaporeans booking travel deals to Taiwan most vulnerable to fraud, says McAfee study
There’s no doubt that Singaporeans love travelling and they’re constantly on the lookout for novel travel destinations and experiences.
— The Online Citizen

4 Companies Which Exhibited Growth in the Recent Quarter
Growth does not come easy in the current tepid economic environment. Here are four companies which have managed to thrive against the odds.
— The Motley Fool

Medisave top-ups for seniors next month
Singaporeans from the Pioneer Generation and Merdeka Generation will receive Medisave top-ups of between $200 and $800 next month.
— Straits Times (annoying popups)

Victims must be given a voice in disciplinary process: Student poll
From the moment a student falls victim to a sexual offence, the university must do all it can to help him or her, and this includes allowing the victim to speak up during the disciplinary process.
— Straits Times (annoying popups)

Punish sexual offenders, but give them support too: Survey
Students should receive harsh punishment if they are found to have engaged in sexual misconduct – but they should also receive some form of support, a survey of National University of Singapore (NUS) students has found.
— Straits Times (annoying popups)

Ex-fire station chief says he would have acted if he knew
When asked what he would have done if he had seen Corporal Kok Yuen Chin being carried to the pump well on May 13 last year, former Tuas View Fire Station commander Huang Weikang said he would have put a stop to it.
— Straits Times (annoying popups)

Safety in spotlight after death of guard who fell into pit
Safety precautions and regulations are usually in place to avoid tragedies like that which befell 1-Altitude employee Shaun Tung, who fell into a 4m-deep pit and died on Sunday, observers said.
— Straits Times (annoying popups)

3 arrested for loan shark activities after tomato sauce, paint splashed on gate and vehicle
Two men and a woman were arrested on Wednesday (Jun 12) in two separate cases of loan shark harassment after a vehicle was splashed with paint and tomato sauce was thrown onto a gate.
— Channel NewsAsia (very annoying popups)

Family of otters run around Shenton Way
A video of a group of otters running around at Shenton way has gone viral after being widely circulated on Whatsapp Messenger and social media.
— The Independent

Photo of Khaw Boon Wan lookalike on the train goes viral
Much to the amusement of many netizens, a photo of someone who looked like Transport Minister Khaw Boon Wan sleeping on the MRT has gone viral.
— The Independent

Netizens call for a smoking ban after NEA investigates smoker caught on thermal camera in HDB corridor
The National Environment Agency (NEA) has gotten in touch with a resident at Bedok to furnish details after a smoker was caught smoking multiple times at the corridor of his flat. The smoker’s action was captured by a thermal camera installed near the corridor.
— The Online Citizen

Lawyer linked to missing S$33m charged with forgery, more firms come forward over S$16m
Jeffrey Ong Su Aun, the lawyer who allegedly went missing along with S$33 million, was charged on Thursday (Jun 13) with forgery, while more firms have come forward on S$16 million worth of transactions purportedly involving him.
— Channel NewsAsia (very annoying popups)

Smart Axiata’s Young Innovator Program names top 5 teams in Impact Hub incubator
The selected teams for SmartStart Young Innovator Program Cycle 3 have been granted US$5000 each to realise their business ideas
— e27

STB and Tiger Beer commit S$3.2m in two-year joint marketing push
THE Singapore Tourism Board (STB) and local alcohol brand Tiger Beer have committed a total of S$3.2 million to a two-year marketing partnership, they said on Thursday.
— The Business Times

Youth gets 18 months’ probation for molesting girl, aged 12
Pretending that he needed help for a photography competition, Lester Ong Pei Cong lured a 12-year-old girl to a staircase landing, where he molested her.
— Straits Times (annoying popups)

Man allegedly snatches two Rolexes worth $150k
He walked into a second-hand watch shop wearing a fake Rolex, but allegedly snatched two real diamond-encrusted Rolex watches worth about $150,000 instead.
— Straits Times (annoying popups)

Haw Par Villa snapshots, then and now
MIn 1973, a boy named Hercules visited Haw Par Villa. His mother took him and his five siblings – Hector, Hubert, Harold, Helen and Hazel – through the 10 Courts of Hell, where she highlighted some of the punishments meted out to sinners.
— Straits Times (annoying popups)

‘He looked more dead than alive’: Ship captain who rescued Singaporean drifting at sea for 4 days
As their ship inched towards the naked man clinging to his ring buoy, Captain Cornelis Plugge and First Officer Srdan Bazdan of the Diogo Cao thought he was dead.
— Straits Times (annoying popups)

British man calls S’pore a Disneyland for adults with little racism after 9 years here
He met some really good locals, and finds the country extremely safe to live in.
— Mothership


Feature photo AEC News Today Digital

This week’s Singapore morning news feature photo acknowledges World Elder Abuse Awareness Day, June 15.


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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John Le Fevre

Thailand editor at AEC News Today

John is an Australian national with more than 40 years experience as a journalist, photographer, videographer, and copy editor.

He has spent extensive periods of time working in Africa and throughout Southeast Asia, with stints in the Middle East, the USA, and England.

He has covered major world events including Operation Desert Shield/ Storm, the 1991 pillage in Zaire, the 1994 Rwanda genocide, the 1999 East Timor independence unrest, the 2004 Asian tsunami, and the 2009, 2010, and 2014 Bangkok political protests.

In 1995 he was a Walkley Award finalist, the highest awards in Australian journalism, for his coverage of the 1995 Zaire (now Democratic Republic of Congo) Ebola outbreak.

Prior to AEC News Today he was the deputy editor and Thailand and Greater Mekong Sub-region editor for The Establishment Post, predecessor of Asean Today.

In the mid-80s and early 90s he owned JLF Promotions, the largest above and below the line marketing and PR firm servicing the high-technology industry in Australia. It was sold in 1995.

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