Headline News In 60 Seconds Daily 2024-10-29T08:01:02.049Z
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- 🏢 Singapore Property Investment: Billionaire Wee Family's UOL Partners to Acquire Site for $613 Million Billionaire Wee Cho Yaw's UOL Group, alongside partner Hengli Investments, are set to purchase the Meyer Park property in Singapore for SGD 613 million on October 25, 2024.
- 📈 Singapore's Economic Outlook Brightens: GDP Growth Expected in 2024 and 2025 Singapore’s GDP is forecasted to rise by 3% in 2024 and 3.5% in 2025. The Monetary Authority of Singapore expects steady growth driven by recovery in electronics and manufacturing sectors, according to their October 2023 report.
- 🌍 Authenticity Concerns: Swiss Woman Expresses Discontent with Marche Restaurant in Singapore Katherine Aregord, a Swiss national living in Singapore, expressed dissatisfaction with the authenticity of Swiss cuisine served at the Swiss restaurant, Marché. On October 12, 2023, she noted that popular Swiss dishes like raclette and rösti did not meet traditional standards, and staff unfamiliarity with Swiss cuisine added to her disappointment.
- 📉 Singapore's Disinflation Takes Root: MAS Observes Economic Recovery The Monetary Authority of Singapore (MAS) noted a "well-entrenched" disinflation in September 2023, as core inflation dropped to 3.4%. GDP growth recovery aligns with global trends despite external headwinds.
- ✈️ SIA Flight Emergency: Tokyo-bound flight diverted to Taipei due to windshield crack Singapore Airlines Flight SQ633, departing on October 11, 2023, faced a mid-air emergency with a cracked windshield. The Boeing 787-10 safely landed in Taipei at about 6pm, with no injuries reported among the 155 passengers and 13 crew members. The airline arranged alternative travel to Tokyo and apologized for the inconvenience caused.
- 🔬 Singapore's Biomedical Surge: Manufacturing Output Soars in September In September 2023, Singapore's biomedical sector saw a 21% rise in manufacturing output, driven by strong demand and innovations in pharmaceuticals and biologics, with contributions from major firms like Pfizer and WuXi Biologics.
- 📈 Singapore's Economic Prospects Brighten: MAS predicts promising year-end growth despite global uncertainties. The Monetary Authority of Singapore (MAS) forecasted on October 26, 2023, that Singapore’s economy will grow by about 1.5% in 2023, despite global challenges. MAS cited resilient external demand and domestic economic recovery.
- ✈️ Singapore Airlines Windshield Mishap: Flight Diverted After 777-300ER's Glass Cracks On October 28, 2024, Singapore Airlines flight SQ324, en route to Amsterdam, diverted to Munich after the Boeing 777-300ER's windshield cracked mid-flight. No casualties reported.
- 🏐 Netball Triumph: Singapore Vandas Reclaim Asian Championship, Focus on SEA Games Victory The Singapore Vandas clinched the Asian Netball Championship title on September 10, 2023, defeating Sri Lanka with a score of 63-48. The team now prepares for the Southeast Asian Games.
- 💱 Singapore's Path to Token Regulation: Insights into MAS's Framework Proposal Simon Docherty suggests practical measures for the Monetary Authority of Singapore's proposed digital token service providers framework, emphasizing stricter oversight and clearer guidelines for licensing, to enhance investor protection and foster innovation.
- 🎃 Festive Frights: Halloween decorations on HDB corridor in Yishun spark heated online debate over safety and community spirit. A Yishun resident's extensive Halloween décor along her HDB corridor, featuring dangling figures and hanging sheet ghosts, has sparked a heated online debate. The display, captured on video by TikTok user @theartsybianca, raises safety concerns, particularly with potential hazards for neighbors with mobility issues. Online reactions are mixed, with some praising the creativity and others questioning the appropriateness in a shared space. The video, posted on October 2023, highlights ongoing discussions about decorating etiquette and community consideration in shared living environments.
- 🌊 Singapore and Australian Navies Unite for Maritime Exercise Singaroo On 28 October 2024, the Republic of Singapore Navy (RSN) and the Royal Australian Navy (RAN) commenced Exercise Singaroo. The bilateral maritime drill, conducted in the waters off Singapore, focused on enhancing naval interoperability and strengthening defence relations.
- 🚨 Drug Bust in Singapore: Teen Among 112 Arrested for Suspected Offenses Singapore's Central Narcotics Bureau arrested 112 individuals, including a 16-year-old girl, over suspected drug offenses during a multi-day operation from October 20 to October 27, 2024, across various locations.
- 🌡️ S’pore Inflation Projection: Core Inflation to Hit 3-Year Low by Late 2024 Monetary Authority of Singapore (MAS) forecasts core inflation to decrease to below 2% by late 2024, from 3.5% in September 2023, amid easing external pressures.
- 🏨 The Standard Singapore Opens: Exciting New Hospitality Experience Debuts This Fall The Standard, a hospitality brand, announces the upcoming debut of The Standard, Singapore this fall. The new property will feature unique offerings and a vibrant design, marking the brand's first venture into Southeast Asia, enhancing the region's luxury hotel landscape.
- 🎬 Spotlight on Asian Cinema: Singapore Film Fest Unveils 105-Title Lineup The 2024 Singapore Film Festival, running from May 1-14, features 105 films, with a special focus on contemporary Asian directors. Highlights include works by Bong Joon-ho and debut screenings from Southeast Asian filmmakers.
- 🎓 ASEAN Universities Drive Regional Startup Growth, Reveals SMU and Chulalongkorn White Paper The SMU and Chulalongkorn University white paper, released on October 28, 2024, highlights ASEAN universities' crucial role in the startup ecosystem, focusing on innovation, collaboration, and digital resources for regional development.
- 👩💼 Women Break Barriers: Singapore's Board Representation Hits 25% Target Early As of September 2023, women constitute over 25.5% of board members in Singapore's top 100 listed companies, surpassing the Council for Board Diversity's target set for year-end 2025.
- 🐭 Singapore's $1 Million Treasure Hunt: Sqkii's #HuntTheMouse Begins! Sqkii launched #HuntTheMouse, a treasure hunt in Singapore with a S$1 million cash prize beginning on October 28, 2024. Participants solve clues to find a hidden digital mouse.
- 🤖 Singapore Invests $270M in AI Infrastructure and Talent Development Singapore committed $270 million for AI development on October 24, 2023, focusing on infrastructure and human resources to boost its technological advancement, announced by the Infocomm Media Development Authority.
- 🏢 Singapore Property Investment: Billionaire Wee Family's UOL Partners to Acquire Site for $613 Million Billionaire Wee Cho Yaw's UOL Group, alongside partner Hengli Investments, are set to purchase the Meyer Park property in Singapore for SGD 613 million on October 25, 2024.
- 📈 Singapore's Economic Outlook Brightens: GDP Growth Expected in 2024 and 2025 Singapore’s GDP is forecasted to rise by 3% in 2024 and 3.5% in 2025. The Monetary Authority of Singapore expects steady growth driven by recovery in electronics and manufacturing sectors, according to their October 2023 report.
- 🌍 Authenticity Concerns: Swiss Woman Expresses Discontent with Marche Restaurant in Singapore Katherine Aregord, a Swiss national living in Singapore, expressed dissatisfaction with the authenticity of Swiss cuisine served at the Swiss restaurant, Marché. On October 12, 2023, she noted that popular Swiss dishes like raclette and rösti did not meet traditional standards, and staff unfamiliarity with Swiss cuisine added to her disappointment.
- 📉 Singapore's Disinflation Takes Root: MAS Observes Economic Recovery The Monetary Authority of Singapore (MAS) noted a "well-entrenched" disinflation in September 2023, as core inflation dropped to 3.4%. GDP growth recovery aligns with global trends despite external headwinds.
- ✈️ SIA Flight Emergency: Tokyo-bound flight diverted to Taipei due to windshield crack Singapore Airlines Flight SQ633, departing on October 11, 2023, faced a mid-air emergency with a cracked windshield. The Boeing 787-10 safely landed in Taipei at about 6pm, with no injuries reported among the 155 passengers and 13 crew members. The airline arranged alternative travel to Tokyo and apologized for the inconvenience caused.
- 🔬 Singapore's Biomedical Surge: Manufacturing Output Soars in September In September 2023, Singapore's biomedical sector saw a 21% rise in manufacturing output, driven by strong demand and innovations in pharmaceuticals and biologics, with contributions from major firms like Pfizer and WuXi Biologics.
- 📈 Singapore's Economic Prospects Brighten: MAS predicts promising year-end growth despite global uncertainties. The Monetary Authority of Singapore (MAS) forecasted on October 26, 2023, that Singapore’s economy will grow by about 1.5% in 2023, despite global challenges. MAS cited resilient external demand and domestic economic recovery.
- ✈️ Singapore Airlines Windshield Mishap: Flight Diverted After 777-300ER's Glass Cracks On October 28, 2024, Singapore Airlines flight SQ324, en route to Amsterdam, diverted to Munich after the Boeing 777-300ER's windshield cracked mid-flight. No casualties reported.
- 🏐 Netball Triumph: Singapore Vandas Reclaim Asian Championship, Focus on SEA Games Victory The Singapore Vandas clinched the Asian Netball Championship title on September 10, 2023, defeating Sri Lanka with a score of 63-48. The team now prepares for the Southeast Asian Games.
- 💱 Singapore's Path to Token Regulation: Insights into MAS's Framework Proposal Simon Docherty suggests practical measures for the Monetary Authority of Singapore's proposed digital token service providers framework, emphasizing stricter oversight and clearer guidelines for licensing, to enhance investor protection and foster innovation.
- 🎃 Festive Frights: Halloween decorations on HDB corridor in Yishun spark heated online debate over safety and community spirit. A Yishun resident's extensive Halloween décor along her HDB corridor, featuring dangling figures and hanging sheet ghosts, has sparked a heated online debate. The display, captured on video by TikTok user @theartsybianca, raises safety concerns, particularly with potential hazards for neighbors with mobility issues. Online reactions are mixed, with some praising the creativity and others questioning the appropriateness in a shared space. The video, posted on October 2023, highlights ongoing discussions about decorating etiquette and community consideration in shared living environments.
- 🌊 Singapore and Australian Navies Unite for Maritime Exercise Singaroo On 28 October 2024, the Republic of Singapore Navy (RSN) and the Royal Australian Navy (RAN) commenced Exercise Singaroo. The bilateral maritime drill, conducted in the waters off Singapore, focused on enhancing naval interoperability and strengthening defence relations.
- 🚨 Drug Bust in Singapore: Teen Among 112 Arrested for Suspected Offenses Singapore's Central Narcotics Bureau arrested 112 individuals, including a 16-year-old girl, over suspected drug offenses during a multi-day operation from October 20 to October 27, 2024, across various locations.
- 🌡️ S’pore Inflation Projection: Core Inflation to Hit 3-Year Low by Late 2024 Monetary Authority of Singapore (MAS) forecasts core inflation to decrease to below 2% by late 2024, from 3.5% in September 2023, amid easing external pressures.
- 🏨 The Standard Singapore Opens: Exciting New Hospitality Experience Debuts This Fall The Standard, a hospitality brand, announces the upcoming debut of The Standard, Singapore this fall. The new property will feature unique offerings and a vibrant design, marking the brand's first venture into Southeast Asia, enhancing the region's luxury hotel landscape.
- 🎬 Spotlight on Asian Cinema: Singapore Film Fest Unveils 105-Title Lineup The 2024 Singapore Film Festival, running from May 1-14, features 105 films, with a special focus on contemporary Asian directors. Highlights include works by Bong Joon-ho and debut screenings from Southeast Asian filmmakers.
- 🎓 ASEAN Universities Drive Regional Startup Growth, Reveals SMU and Chulalongkorn White Paper The SMU and Chulalongkorn University white paper, released on October 28, 2024, highlights ASEAN universities' crucial role in the startup ecosystem, focusing on innovation, collaboration, and digital resources for regional development.
- 👩💼 Women Break Barriers: Singapore's Board Representation Hits 25% Target Early As of September 2023, women constitute over 25.5% of board members in Singapore's top 100 listed companies, surpassing the Council for Board Diversity's target set for year-end 2025.
- 🐭 Singapore's $1 Million Treasure Hunt: Sqkii's #HuntTheMouse Begins! Sqkii launched #HuntTheMouse, a treasure hunt in Singapore with a S$1 million cash prize beginning on October 28, 2024. Participants solve clues to find a hidden digital mouse.
- 🤖 Singapore Invests $270M in AI Infrastructure and Talent Development Singapore committed $270 million for AI development on October 24, 2023, focusing on infrastructure and human resources to boost its technological advancement, announced by the Infocomm Media Development Authority.
