Headline News In 60 Seconds Daily 2025-04-10T08:02:20.084Z

• 🌿 Remembering Lee Ek Tieng: Singapore’s ‘Clean and Green’ Visionary Passes Away Lee Ek Tieng, key architect of Singapore's environmental strategy, died on October 19, 2023. As part of the Public Utilities Board and the Prime Minister's Office, he championed the 'Clean and Green' vision.
• 🌍 US Tariffs: Safeguarding Singapore in a New and Dangerous Era Tan Khee Giap, Chairman of Singapore National Committee for Pacific Economic Cooperation, warns that U.S. tariffs on China risk disrupting Singapore's trade-dependent economy. Address made at a conference on April 10, 2023.
• 🏃‍♂️Running Enthusiasm Surges in Singapore: Marathons and Fun Events Set for 2025 Singapore's 2025 running calendar is packed with events, including the iconic Standard Chartered Singapore Marathon on December 6. This event attracts international participants, offering categories from a full marathon to a family-friendly 5km run, emphasizing fitness and community participation.
• 🚗 COE Prices Surge: Larger Car Premiums in Singapore Exceed S$117,000 On April 19, 2023, Singapore's Category B Certificate of Entitlement (COE) premiums for cars above 1,600cc or 130bhp rose to S$117,689. This marks a significant increase from the previous submission.
• 🌊 Singapore Leaders Honor Lee Ek Tieng: Iconic NEWater Visionary Lee Ek Tieng, a former top civil servant in Singapore, passed away at 91 on October 5, 2023. Known for pioneering the PUB's NEWater project, he inspired many leaders.
• 📉 Singapore’s STI Drops Over 2% as Trump’s 104% Tariff on China Takes Effect On September 24, 2018, Singapore’s Straits Times Index fell 2.23% to 3,102.41, reacting to U.S. tariffs on $200 billion worth of Chinese goods. Investors fear escalating trade tensions might disrupt global supply chains.
• 🌧️ STI Sinks as U.S. Tariff Threat Looms: Singapore Index Falls Over 2% Preceding 104% Tariff on China On August 2, 2018, Singapore's Straits Times Index (STI) dropped more than 2%, driven by investor concerns over U.S. President Donald Trump's impending 104% tariffs on China. This economic strain contributed to market volatility and heightened regional tensions.
• 💔 Singapore Mourns: Former Top Civil Servant Lee Ek Tieng Passes Away at 91 Lee Ek Tieng, Singapore's former top civil servant and principal private secretary to founding Prime Minister Lee Kuan Yew, died on October 6, 2023. He played a significant role in shaping Singapore’s public service.
• 🇸🇬 Singapore Shines Amidst Global Real Estate Concerns In 2022, Singapore saw a record S$39.3 billion in property investment, driven by foreign investors attracted to its political stability and robust economy. The city-state maintains its appeal despite global uncertainties.
• 🚨 Surge in Singapore Scams: Authorities Struggle to Curb Rising Threat Scam cases in Singapore increased significantly, with 22,339 reported from January to June 2023. Losses amounted to S$334.5 million, prompting authorities to enhance measures. The surge concerns the Monetary Authority of Singapore.
• 🌿 The Nature Conservancy Appoints Tamara Singh as Singapore Managing Director Tamara Singh was appointed as the Singapore Managing Director of The Nature Conservancy on August 1, 2023. Singh brings extensive leadership experience from her previous roles at World Economic Forum and ANZ Bank.
• 🔥 Singapore on Edge: PM Lawrence Wong forms task force against US tariffs; River Valley fire draws global attention with involvement of Bollywood actor-politician Pawan Kalyan's son. On October 3, 2023, Singapore PM Lawrence Wong announced a task force to tackle US-imposed tariffs. Concurrently, a River Valley fire attracted international attention as Bollywood actor-politician Pawan Kalyan's young son was involved, but unharmed.
• 🌏 32-Year-Old Eyes Political Change: Singaporean Jonathan Chan plans to challenge East Coast GRC in GE2025 with new party aspirations. In Singapore, 32-year-old Jonathan Chan intends to start his own political party to contest in East Coast GRC for the upcoming General Election in 2025. This strategic move follows his previous involvement with the Progress Singapore Party. Chan cites the need for alternative voices and a fresh approach in Singapore's political landscape and plans to engage with residents in the East Coast area to gather support.
• 🛠️ Boost for Construction: Expanded Tax Scheme to Benefit More Facilities from Jan 1, 2026 The Construction Facilities Expansion Scheme (CFES) will be broadened from January 1, 2026, benefiting over 1,500 construction entities in Singapore. This initiative, announced by the Ministry of Finance, aims to enhance sector competitiveness.
• 🔥 School Tragedy in Singapore: Pawan Kalyan's Son Recovers After Fire Incident 🔥 School Tragedy in Singapore: Pawan Kalyan's Son Recovers After Fire Incident Pawan Kalyan's son, Akira Nandan, was injured in a fire at a Singapore school on October 25, 2023. He underwent bronchoscopy following the incident. Kalyan shared updates via X (formerly Twitter).
• 💳 Cambodia Joins Regional Payment Connectivity Initiative: A Boost for Cross-Border Transactions in ASEAN Cambodia has officially joined the Regional Payment Connectivity initiative, which was established on October 8, 2023. This ASEAN cooperation aims to enhance cross-border payments within the region, involving several key countries including Indonesia, Malaysia, the Philippines, Singapore, and Thailand. The initiative focuses on reducing transaction costs and improving the speed of cross-border payments to benefit individuals and businesses across member nations.
• ✈️ Chiranjeevi Flies to Singapore with Pawan Kalyan After Son's Injury Chiranjeevi and wife Surekha traveled to Singapore with Pawan Kalyan on April 9, 2025, for their son Mark Shankar's treatment. Mark suffered serious burns in a school fire incident.
• 🚨 **PM Lawrence Wong Announces Task Force in Response to US Tariffs; Global Spotlight on River Valley Fire Involving Bollywood Actor Pawan Kalyan's Son** On October 5, 2023, Singapore's Deputy Prime Minister Lawrence Wong announced a task force to address new US tariffs affecting Singapore's economy. Separately, a fire in River Valley involving Pawan Kalyan's son prompted worldwide media coverage.
• 🏢 AUO Reduces Asking Price: Taiwan's AUO cuts Singapore industrial asset price to S$380 million, signaling market adjustments. Taiwan's electronics manufacturer AUO has decreased the asking price for its 17-20 Tai Seng Avenue industrial asset in Singapore to S$380 million. This adjustment, reported on October 6, 2023, reflects persistent challenges in the commercial property market.
• 🏢 AUO Lowers Asking Price for Singapore Asset to S$380 Million Taiwanese company AU Optronics (AUO) has reduced the asking price for its industrial asset in Singapore to S$380 million. The asset originally had a higher price, reflecting adjustments in market conditions and possibly AUO's strategy. This decision, announced in October 2023, highlights the company's efforts to reach potential buyers amid fluctuating real estate valuations.

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