The Straits Times' News In A Minute: Nov 14, 2016

Today's top news headlines: Singapore and Indonesia to set up business council, NRIC re-registration for those turning 55 years old and reduced ERP rates during December school holidays.

In today's The Straits Times News In A Minute video, we look at:

* Prime Minister Lee Hsien Loong and Indonesian President Joko Widodo agreed to form an Indonesia-Singapore Business Council to enhance business networking and boost cooperation.

* From next year, Singapore citizens and permanent residents will have to make a new identity card when they turn 55 years old.

* Electronic Road Pricing at selected roads and expressways will be reduced between Nov 19 and Dec 2016.