What's News: March 13, 2018

A toll booth at a road in Johor Baru.
A toll booth at a road in Johor Baru.ST FILE PHOTO
PHOTO: GENE SCHIAVONE

TOP OF THE NEWS

No let-up in N. Korea pressure

Japan and South Korea have agreed to maintain maximum pressure on Pyongyang amid a breakthrough in the nuclear impasse on the Korean peninsula. The developments came as reports indicated that North Korean leader Kim Jong Un may seek a peace treaty at a summit meeting with United States President Donald Trump.


TOP OF THE NEWS

US tariffs bad for S'pore: ESM

Emeritus Senior Minister Goh Chok Tong, in a Facebook post, shared his thoughts on new trade tariffs by the United States and the jostling among nations for exemptions. "It is bad for the world, and especially for countries like Singapore which depend on trade and an open economic environment."


WORLD

Revenue cut will cost KL $140b

Malaysia will lose RM416.6 billion (S$140 billion) if its goods and services tax, road tolls and other sources of revenue are scrapped, a senior Finance Ministry official has said after the opposition Pakatan Harapan alliance pledged to remove these taxes and levies in its election manifesto last week. The opposition grouping said it could make up for the revenue shortfall by eliminating graft and government "leakages", besides taxing the rich.


WORLD

HK democrats lose veto power

Hong Kong's pro-democracy camp won only two out of the four seats up for grabs in a pivotal by-election yesterday as they struggled to draw what they hoped would be protest votes against creeping control from Communist Party rulers in Beijing. The by-election marked the first time the democratic camp has lost its veto power via the ballot box.


OPINION

Economics and environment

Environmental economics may seem like a contradiction in terms, but they help us understand the trade-offs involved in decisions like clearing a forest for a transport link, says Professor Euston Quah.


HOME

Licensing plan for Grab, Uber

Private-hire car companies Grab and Uber may have to pay for a licence to operate in Singapore. The move is to control the population of such cars, which has increased over the past years. The Government is reviewing regulations on the private-hire car sector.


HOME

Healing power of fish scales

Singapore researchers have found a way to modify fish scale-derived collagen chemically to make it water soluble, potentially allowing it to hold drugs. The collagen can, for instance, be used to package growth factors such as hormones that stimulate cell growth.


BUSINESS

Deal made over Capitol S'pore

Perennial Real Estate Holdings is set to walk away as the sole owner of the Capitol Singapore project by buying out co-owner Pontiac Land Group affiliate Chesham Properties to the tune of about $528 million. Industry watchers said the development - which includes a stalled hotel component - will be better placed to operate after the buyout.


SPORT

No S'pore shuttlers at meet

For the first time since 2006, Singapore will not have a representative at badminton's All England Open, which starts in Birmingham tomorrow. That will end a run of 11 straight appearances at the prestigious tournament. The Singapore Badminton Association said it is concentrating its efforts on next month's Commonwealth Games in Australia.


LIFE

A more nuanced Swan Lake

Well-loved ballet Swan Lake will come to Singapore this week in a production by the American Ballet Theatre. The production will pay more attention to the nuances of the storyline. It also "flows rather quickly", says artistic director Kevin McKenzie, with the score arranged with only one intermission.


VIDEO

Going, going, gone?

Old-timers share fond memories of People's Park Complex and Golden Mile Complex - iconic buildings that might soon disappear. http://str.sg/golden

VIDEO

Inside ground zero

Japan correspondent Walter Sim visits the Fukushima nuclear plant, where the fallout from the 2011 nuclear disaster is still being felt. http://str.sg/nuclearplant

A version of this article appeared in the print edition of The Straits Times on March 13, 2018, with the headline 'What's News'. Print Edition | Subscribe