Morning Minutes: What will make headlines, July 12, 2016

The 3R Packaging Awards recognises the efforts of companies in reducing packaging waste.
The 3R Packaging Awards recognises the efforts of companies in reducing packaging waste.PHOTO: ST FILE

Good morning! Morning Minutes is a round-up of stories that will break on Tuesday, July 12, and which we think you'd be interested in.

It appears on weekdays, available by 7am.

Award for reducing packaging waste

This year’s winners of an annual award which recognises the efforts of companies in reducing packaging waste will be revealed on Tuesday (July 12).

The winners of the 3R Packaging Awards are among the signatories of the Singapore Packaging Agreement, which was introduced in 2007 as a voluntary agreement to get companies to cut the amount of packaging they use.

Ruling on South China Sea spat


The Peace Palace, which houses the Permanent Court of Arbitration (PCA) and International Court of Justice (ICJ). ST PHOTO: STEPHANIE YEOW

All eyes are on an international tribunal's ruling on the increasingly bitter dispute over the South China Sea. The Permanent Court of Arbitration (PCA) will issue a written decision at 11am local time (5pm Singapore time)  on Tuesday (July 12), three years after the Philippines challenged China’s claim over much of the strategic waterway.  

Manila has insisted that Beijing’s claims to much of the territory in the sea are invalid and violate the United Nations Convention on the Law of the Sea. China has  refused to recognise or participate in the case. It says the court has no jurisdiction and China cannot be forced to accept dispute resolution. 

Bank of England to publish Financial Policy Committee meeting records


Pedestrians walk past the Bank of England on July 5, 2016. PHOTO: BLOOMBERG

The Bank of England will publish records of its latest Financial Policy Committee meeting on Tuesday (July 12). The central bank's watchdog had last week released its bi-annual report, in which it warned that risks to financial stability were materialising after Britain's shock EU exit referendum.

Malaysia to release May data for industrial production


Malaysia’s exports in May had fallen 0.9 per cent from a year earlier, well below market expectations. PHOTO: ST FILE

Malaysia is set to release data for its industrial production in May, which analysts estimate to have grown 2 per cent from a year earlier. The new data is a slowdown from the previous month which had expanded 3 per cent year-on-year, due to growth in the electricity and manufacturing sectors. Malaysia’s exports in May had fallen 0.9 per cent from a year earlier, well below market expectations, as global oil prices remained weak.