Morning Minutes: What will make headlines, Feb 5, 2016

The High Court will hear today a motion by Mr Yak Yew Chee in relation to investigations surrounding 1MDB.
The High Court will hear today a motion by Mr Yak Yew Chee in relation to investigations surrounding 1MDB.PHOTO: REUTERS

Good morning! Morning Minutes is a round-up of stories that will break on Friday, Feb 5, and which we think you'd be interested in.

It appears on weekdays, available by 7am.

Court to hear case linked to 1MDB probe

The High Court will hear today a motion by Mr Yak Yew Chee, a senior private banker with BSI Singapore, for the release of some of his bank accounts for the payment of taxes, legal fees and basic expenses. In September last year, several of his bank accounts, amounting to about $10 million, were frozen by the Singapore authorities as part of investigations surrounding Malaysian state investor 1Malaysia Development Berhad.

Plenty to see and do at River Hongbao


 One of the displays to celebrate the Year of the Monkey at Singapore’s River Hongbao. PHOTO: LIANHE ZAOBAO

This year's River Hongbao, to be held from tomorrow (Feb 6) to Feb 14 at The Float @ Marina Bay, will feature the acclaimed Song and Dance Theatre in Nanjing City from China as well as the Hwa Kang Dance Troupe from the Chinese Culture University from Taiwan.

The two groups will present five nights of lively performances at the annual Chinese New Year event showcasing Chinese traditions and food. Highlights of the event will be announced today (Feb 5). - PANG XUE QIANG

Indonesia to release growth data


Tuna fish are loaded onto a truck at Benoa harbour in Bali. PHOTO: AFP

Indonesia will release its growth data for the final three months of 2015 as well as the full year. Analysts say Indonesia's economy may have picked up modest speed in the quarter ending Dec 31, 2015, but weak consumption, investment and exports may push full year growth to their weakest pace since the global financial crisis.

For 2015, growth figures may stand at 4.75 per cent, one full percentage point lower than target, while the final quarter growth may come to at 4.8 per cent, up from 4.73 per cent of the previous quarter.

International naval event in India


Ninety ships, including 24 foreign warships, and 24 foreign naval chiefs will be part of the fleet review. PHOTO: REUTERS

The four-day International Fleet Review officially begins on Friday (Feb 5) off the coast of Visakhpatnam in India, with nearly 50 countries involved. Ninety ships, including 24 foreign warships, and 24 foreign naval chiefs will be part of the fleet review. Indian Prime Minister Narendra Modi and government and defence personnel will take part.