What's News: January 09, 2016

Students at Nanyang Polytechnic.
Students at Nanyang Polytechnic.ST PHOTO: ALICIA CHAN


$19b for research push

A record $19 billion will be invested in science and technology research here from this year to 2020, Prime Minister Lee Hsien Loong said yesterday as he unveiled Singapore's latest Research, Innovation and Enterprise Plan.


Starting pay up for poly grads

The starting pay of polytechnic graduates has risen by about 5 per cent, according to the latest survey by the five polytechnics. Those from the graduating class of 2015 who landed full-time jobs were hired on a median monthly salary of $2,100, compared to $2,000 in 2013 and 2014.



China fashion guru missing

Another high-profile business executive is reported to have lost contact with his employer in China, sparking speculation that he may have been caught up in the country's anti-corruption drive. Fashion guru Zhou Chengjian (above) went missing just weeks after the disappearance of an executive dubbed "China's Warren Buffett".


Deep divide over gun control

US President Barack Obama has been confronted by a CNN town hall audience who believe that the government has either already overstepped the boundaries on gun control or not done enough - underlining deep divisions among Americans on the issue.


China's scary slowdown

China's economy has started rebalancing in earnest, in a far-from-favourable global environment. Its shift to being consumption-driven will mean lower and lower growth, writes Professor John Wong. Beijing also needs to tackle its debt and exchange-rate problems.


Debate on school parking

A move by the authorities to look into whether teachers should pay for parking in schools has drawn wide debate online, with many arguing that teachers should not have to do so as they often spend long hours in school.


Jailed for role in murder

A cleaning supervisor was jailed for five years yesterday for his role in the death of a material analyst. Chua Leong Aik, 66, helped to force Dexmon Chua Yizhi, 37, into a van where he was beaten to death. He said he was roped in by a friend, whose wife had an affair with the victim, to "teach him a lesson".


Hedging amid currency swings

Currency markets have had a tumultuous start to the year following a volatile 2015, prompting some Singapore firms to pay closer attention to foreign exchange hedging. Banks say they have seen an uptick in demand for hedging products from large firms as well as small and medium-sized enterprises.

Fandi Ahmad's sons Ikhsan (left) and Irfan. ST PHOTO: KUA CHEE SIONG


Fandi's two sons in Home United

First it was Irfan, the 18-year-old oldest son of football icon Fandi Ahmad, who joined S-League outfit Home United as the youngest player in their first-team squad. Two days later, the club signed up Ikhsan, 16, his younger brother and fellow striker, for their Prime League reserve side.


S'pore marathoner upbeat

Singaporean Soh Rui Yong needs to cut a whopping seven minutes from his best time to qualify for the Rio Olympics. But the SEA Games marathon champion is unfazed as he is hitting peak fitness, despite a recent foot injury. And now his task will also be eased by a sponsorship deal from Yeo Hiap Seng.



Rey back after fan outrage

Hasbro has announced that an edition of its Star Wars-themed Monopoly game featuring lead character Rey will be released later this year. The about-turn follows days of fan outrage surrounding the omission of the character from the game. The announcement was posted on Hasbro's Twitter account on Wednesday.

A version of this article appeared in the print edition of The Straits Times on January 09, 2016, with the headline 'What's News: January 09, 2016'. Print Edition | Subscribe