SGNews
01

Singapore adds 3 asset-management incentives

  • New ONE Pass route for senior investment professionals
  • Tax break for qualifying profit-linked returns
  • Hedge-fund programme to anchor managers and capital
Sources (5) STBTZBTMBH
  • ST ST Front Page — “New foreign work pass track, tax perks to strengthen asset management in Singapore”
  • BT Front Page — “Singapore could gain edge with broader asset management push as HK tax gap narrows”
  • ZB News Front Page — “三举措巩固我国资产管理中心领先地位 (Three measures strengthen Singapore's position as a leading asset-management centre)”
  • TM Front Page — “சிங்கப்பூரைச் சொத்து நிர்வாக நடுவமாக்க புதிய திட்டங்கள் (New plans to strengthen Singapore as an asset-management hub)”
  • BH Ekonomi — “MAS umum tiga langkah baharu bagi perkukuh S’pura sebagai hab urus aset dunia (MAS announces three measures to strengthen Singapore as a global asset-management hub)”
02

17 projects widen help for rough sleepers

  • S$450,000 fund for community-led pilots
  • Housing matches, micro-jobs and family mediation
  • 496 people counted sleeping outside in 2025
Sources (4) STZBTMBH
  • ST Big Story — “Housing, jobs, rebuilding family ties: 17 projects to help rough sleepers”
  • ZB News Front Page — “17民间项目获得政府资助 助街友重拾信心重建生活 (Seventeen community projects receive government funding to help rough sleepers rebuild their lives)”
  • TM Local News — “பொதுவெளியில் உறங்குவோர் மறுவாழ்வுக்கு 17 திட்டங்கள் (Seventeen projects to help people sleeping in public rebuild their lives)”
  • BH Berita — “17 projek masyarakat akan dirintis di bawah dana baru MSF bantu gelandangan (Seventeen community projects will be piloted under a new MSF fund for homeless people)”
03

4 schools end parent-volunteer P1 priority

  • Fairfield, Mee Toh, Hong Wen and Rosyth affected
  • About one-third of primary schools retain scheme
  • At least 40 volunteer hours for Phase 2B eligibility
Sources (2) STTM
  • ST ST Front Page — “Four more primary schools scrap parent volunteer scheme for entry into Primary 1”
  • TM Front Page — “4 தொடக்கப்பள்ளிகளில் பெற்றோர் தொண்டூழியத் திட்டம் ரத்து (Four primary schools end the parent volunteer scheme)”
04

ASEAN urged to strengthen joint disaster plans

  • Larger and less predictable climate emergencies
  • Singapore takes ASEAN chair in 2027
  • Training, technology and financing on agenda
Sources (4) STZBTMBH
  • ST Front Page World News — “Shared ASEAN response critical as climate change challenges intensify: Edwin Tong”
  • ZB News Front Page — “唐振辉：亚细安须以前瞻思维携手应对区域灾害挑战 (Edwin Tong says ASEAN needs forward-looking cooperation on regional disaster risks)”
  • TM Local News — “பருவநிலை மாற்றத்தைச் சமாளிக்க ஆசியானுக்கு அழைப்பு: எட்வின் (Edwin Tong calls on ASEAN to confront climate change together)”
  • BH Front Page — “Asean perlu tingkatkan keupayaan bersama hadapi ancaman bencana (ASEAN must strengthen shared capacity against disaster threats)”
05

Category A COE climbs to S$128,501

  • 3.7% rise, S$499 below July record
  • Category B at S$131,001; motorcycles at S$11,301
  • 403 unsuccessful Category A bids

Compare the latest COE premiums with earlier bidding results.

Sources (4) STBTZBTM
  • ST Singapore — “COE premiums up across most categories; Cat A price climbs to $128,501”
  • BT Top Stories — “COE premium spike points to more hikes this year, warn industry observers”
  • ZB News Focus — “三大汽车组拥车证成价全面上扬　A组破12万8500元 (COE premiums rise across all three car categories as Category A tops S$128,500)”
  • TM Local News — “‘சிஓஇ’ கட்டணம் உயர்வு: ‘ஏ’ பிரிவு $128,501 ஆகப் பதிவு (COE premium rises, with Category A at S$128,501)”
06

US pauses 50% Canada tariffs for 3 days

  • About US$20 billion of imports covered
  • Trump says deal reached; Carney says work remains
  • Vehicles, dairy and alcohol among disputed sectors
Sources (3) STZBTM
  • ST World — “US pauses new 50% tariffs on imports from Canada”
  • ZB World News — “特朗普推迟三天对加拿大加征50%关税 (Trump postpones 50 per cent tariffs on Canada for three days)”
  • TM World News — “கனடியப் பொருள் மீதான 50% வரி தற்காலிக நிறுத்தம்: டிரம்ப் - கார்னி இடையே உடன்பாடு (Fifty per cent tariff on Canadian goods paused after Trump-Carney agreement)”
07

China lands reusable orbital rocket booster

  • LandSpace's Zhuque-3 first stage recovered on land
  • First Chinese success using landing legs
  • Booster represents about 70% of rocket cost
Sources (1) ZB
  • ZB China News — “中国首次实现 火箭陆地回收 (China achieves its first land recovery of a rocket)”
08

SP offers SMEs supervised ethical hacking

  • Penetration testing usually free for smaller firms
  • About 540 students exposed to live projects yearly
  • Singapore short more than 4,000 cyber professionals
Sources (2) STZB
  • ST Front Page Singapore — “S’pore Polytechnic to offer ethical hacking services”
  • ZB Local News — “新加坡工院推出新计划　强化中小企业网络安全 (Singapore Polytechnic launches programme to strengthen SME cybersecurity)”
09

Japan Home shuts stores amid Valu$ reports

  • At least 5 closing-down sales since June
  • Loyalty programme ended on July 21
  • S$2.3 million loss in year to April 2025
Sources (3) BTZBTM
  • BT Top Stories — “Japan Home closing outlets; staff say Valu$ taking over operations”
  • ZB Local News — “日本之家 多店关闭 传易手Valu$ (Japan Home closes multiple stores amid reports of a Valu$ takeover)”
  • TM Local News — “ஜப்பான் ஹோமை வேல்யூ டாலர் கைப்பற்றுவதாகத் தகவல் (Reports say Valu$ is taking over Japan Home)”
10

Hsieh Fu Hua takes over wages council

  • Peter Seah leaves after 11 years for personal reasons
  • Former SGX chief starts immediately
  • Tripartite wage talks ahead for 2026/27 session
Sources (3) BTZBBH
  • BT COMPANIES & MARKETS — “Hsieh Fu Hua replaces Peter Seah as National Wages Council chairman”
  • ZB News Focus — “佘林发因个人原因卸任 谢福华接任工资会主席 (Peter Seah steps down for personal reasons as Hsieh Fu Hua takes over wages council)”
  • BH Ekonomi — “Pengerusi Majlis Gaji Kebangsaan letak jawatan (National Wages Council chairman steps down)”

Follow-ups

China humanoid robot listings

Unitree closes 5.6 times above IPO price

  • 845 yuan close versus 150.8 yuan offer
  • Roughly US$900 million raised
  • Founder Wang Xingxing's stake worth over US$12 billion
Sources (3) STBTZB
  • ST Business — “Humanoid-robot maker Unitree soars in Shanghai trading debut”
  • BT COMPANIES & MARKETS — “Unitree surges in Shanghai debut, a milestone for China’s humanoid robotics sector”
  • ZB China News — “宇树科技上市首日高开629%　创始人身家超过千亿人民币 (Unitree opens 629 per cent higher on debut as founder's wealth tops 100 billion yuan)”

Iran/Hormuz war and ceasefire

UAE cuts Iran ties as US pauses talks

  • UAE cites missiles aimed at maritime traffic
  • Tehran denies launching the attack
  • Washington prepares sanctions and prolonged blockade
Sources (4) BTSTZBTM
  • BT International — “UAE cuts economic ties with Iran after missiles target territory”
  • ST World — “Trump says no talks ongoing or planned with Iran”
  • ZB World News — “特朗普对伊朗从谈判转而暂停接触 (Trump shifts from negotiating with Iran to pausing contact)”
  • TM World News — “ஈரானுடனான வர்த்தகப் பரிவர்த்தனை: ஐக்கிய அரபுச் சிற்றரசுகள் நிறுத்தம் (United Arab Emirates halts trade transactions with Iran)”

Philippine school shooting

Philippines weighs gun and social media curbs

  • Under-16 platform ban proposed
  • Tougher penalties sought for unsecured firearms
  • Investigators examining devices, motive and gun access
Sources (2) STZB
  • ST World — “School shootings: Debate in Philippines revolves around social media, gun safety”
  • ZB News Focus — “菲频发校园枪击　议员吁加强枪支管制 (Philippine school shootings prompt lawmakers to call for tighter gun controls)”

Thai school shooting

Thai schools start active-shooter drills

  • Emergency plans required under Aug 10 directive
  • Students practise running, hiding and blocking doors
  • Metal detectors and bag searches added
Sources (1) ST
  • ST World — “Schools in Thailand hold drills, security measures tightened”

Flores earthquake

Quake shelter count rises above 31,000

  • 14 billion rupiah in Social Affairs aid
  • 48 tonnes of rice and 7,500 supply packs
  • 7 public kitchens serving affected districts
Sources (1) BH
  • BH Dunia — “Indonesia pastikan bekalan makan cukup untuk 31,000 mangsa gempa (Indonesia ensures sufficient food supplies for 31,000 earthquake victims)”

Social media age limits

29 US states take Meta child-addiction case to trial

  • Facebook and Instagram designs challenged
  • Prosecutors compare case with tobacco litigation
  • Zuckerberg and Mosseri expected to testify
Sources (2) ZBBH
  • ZB World News — “美29州联合起诉Meta 控刻意诱导儿童上瘾 (Twenty-nine US states accuse Meta of deliberately addicting children)”
  • BH Dunia — “Meta tolak dakwaan sengaja buat kanak-kanak ketagih guna Facebook, Instagram (Meta rejects claims it deliberately made children addicted to Facebook and Instagram)”

US-North Korea diplomacy and military drills

US-South Korea drill cut to 5 days

  • Ulchi Freedom Shield ends Aug 21, not Aug 27
  • Some field events cancelled or simulated
  • North Korea still condemns exercise
Sources (2) STTM
  • ST Big Story — “US, South Korea to cut duration and scope of military drills after Trump order”
  • TM World News — “தென்கொரிய - அமெரிக்கக் கூட்டுப் பயிற்சி குறைப்பு (South Korea-US joint military exercise reduced)”

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