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East Coast Plan unveiled

HSK recommends going to Gardens By The Bay.


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Heng Swee Keat

12 hrs ·

The September school holidays are here! It’s a good week to explore the nooks and crannies in Singapore.

New places or interests are also springing up, including at one of my go to places to recharge — Gardens by the Bay. A Children's Festival is now ongoing, including the Art-Zoo Wonder Gardens at Supertree Grove with its six giant inflatable art sculptures! You can read more about it here: www.gardensbythebay.com.sg/childrensfestival

COVID-19 has introduced new stresses. And as we learn to live with the virus, we must all pace ourselves physically and mentally. I do hope our parents can spend more quality time with their children, and our teachers will have some time to catch a breather and recharge.

Have a really good week ahead!

(Little Kong — one of six characters from the Art-Zoo Wonder Gardens at Supertree Grove. / Photo from Gardens by the Bay)
 
from straitstimes.com:

Research institute to support needs of digital financial services in Asia opens at NUS​


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SINGAPORE - A research institute to develop capabilities to support the needs of digital financial services in Asia will play a part in nurturing a pipeline of talent in financial technology (fintech), said Deputy Prime Minister Heng Swee Keat.

This is a task "all the more pressing, given the surge in demand for individuals with such skills and experience", and it will prepare the fintech sector to tackle challenges, he added.

He was speaking at the launch of the Asian Institute of Digital Finance on Friday (Sept 3) at the Kent Ridge campus of the National University of Singapore (NUS).

The institute is a collaboration between NUS, the Monetary Authority of Singapore and the National Research Foundation.

Mr Heng said the institute has partnered close to 20 leading banks, fintech and big tech companies and other industry players to come up with master's and doctorate programmes.

Noting that these programmes are open to graduates from any discipline, Mr Heng said: "This way, the knowledge of fintech can be made accessible to mid-careers from other sectors, as well as people from different backgrounds."

NUS president Tan Eng Chye said fintech would continue to drive the transformation of the financial services industry in Singapore.

The institute's flagship programme, a master's in digital finance technology, is multidisciplinary and designed to develop expertise in computing technology, data analytics and intelligence systems, digital financial transactions, as well as risk management.

Prof Tan said the programme has been well received, with an inaugural cohort of 52 students.

Another five students have been admitted into the institute's doctorate programme in digital financial technology. The aim of this programme is to "train top graduates who can excel, with a very strong technical foundation and independent research ability, while driving financial innovations in academia and also in the fintech industry", said Prof Tan.

The institute will also focus on foundational and interdisciplinary applied research in areas such as green finance and deep credit analysis. "The research will contribute towards developing a digital infrastructure for Singapore's business-to-business digital finance development," Prof Tan said.

The institute will also help in business incubation to get innovative fintech ideas from the classroom, or from research, into the market.

Mr Heng noted that Singapore's fintech ecosystem has grown in recent years, with more than 1,400 firms operating in the sector, up from just 50 five years ago.

The local fintech sector attracted US$1 billion (S$1.34 billion) in equity funding and mergers and acquisitions last year, 34 per cent higher than in 2019, despite the Covid-19 pandemic.

Last year, Singapore also became the first country in South-east Asia to issue digital banking licences, another major step in the liberalisation of its banking sector, said Mr Heng.

There is potential to do much more, he said, highlighting that the digital economy in South-east Asia is projected to triple to US$300 billion by 2025.

"A burgeoning middle class and a fast-growing Internet population will contribute to this growth," he added.

"As a key node in the region, there is much more Singapore can do to improve the lives of people and enhance the vibrancy of economies in the region."
 
from straitstimes.com:

NCID launches gallery on second anniversary to educate public on infectious diseases​


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SINGAPORE - As Singapore transitions to an endemic stage of managing Covid-19, it remains important to continue educating the public on how to protect themselves, in order to reduce the transmission of such infectious diseases.

This was at the heart of the National Centre for Infectious Diseases' (NCID) decision to launch a gallery showcasing how the centre has been built to manage both emerging and endemic diseases such as dengue, human immunodeficiency virus (HIV) and tuberculosis.

The exhibition also chronicles Singapore's history of infectious diseases since 1913, with a special section of the gallery dedicated to NCID's role in managing the Covid-19 pandemic.

The launch of the gallery is an extension of NCID's efforts to engage the community, and to educate them about diseases that continue to pose significant risk to public health and have significant impact on the well-being of the population, the centre said in a statement on Tuesday (Sept 7).

Officiating the launch on NCID's second anniversary on Tuesday, Deputy Prime Minister Heng Swee Keat lauded the dedication and professionalism of healthcare workers at the NCID and in the wider healthcare community.

DPM Heng, who is also Coordinating Minister for Economic Policies, highlighted how the centre has collaborated with other partners throughout the crisis.

One example was the National Covid-19 Research Workgroup, which was set up one day before the first Covid-19 case was confirmed in Singapore.

The workgroup, chaired by Professor Leo Yee Sin, NCID's executive director, and Professor Tan Chorh Chuan, the Ministry of Health's chief health scientist, had brought together Singapore's research and development ecosystem.

The collaboration involved public healthcare institutions, institutes of higher learning, the Agency for Science, Technology and Research, and DSO National Laboratories.

"The workgroup has guided research efforts and generated important findings that directly impacted our prevention and treatment strategies," said DPM Heng.

"We are now 20 months into the fight against Covid-19. NCID has led our efforts against the pandemic, working closely with the rest of our healthcare system... (Its) good work goes beyond the four walls of this building."

NCID's research has also revealed much about the more transmissible Delta variant - such as its ability to continue silent transmission and evade pre-existing immunity.

From September last year to June this year, the centre has led or co-authored 45 peer-reviewed research papers on Covid-19. Eight of them were featured in top journals such as the New England Journal.

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Building Singapore's research and development capability will continue to be fundamental in preparing for a Disease X, which is a key area of the Research, Innovation, and Enterprise 2025 plans, said DPM Heng.

"We will be developing a national R&D Programme for Epidemic Preparedness and Response (Prepare)... (to) further strengthen Singapore's capabilities to prevent, prepare for and respond to future epidemics."

Speaking at the launch, Prof Leo said all of NCID's wards are currently in operation, which are concurrently managing Covid-19 cases and providing routine care for other infectious diseases.

The centre cares for approximately one-third of Covid-19 cases admitted to hospitals, with the readiness to respond to any surge in cases, she added.

Besides providing clinical care, the centre's public health programmes have continued to make significant contributions even as the centre continues to battle the Covid-19 pandemic, Prof Leo noted.

For example, the National Tuberculosis Programme has maintained its contact-tracing operations throughout the Covid-19 period, with large-scale screening implemented when necessary.

She added that an outreach screening was conducted in Hougang in October last year after a cluster of four TB cases was detected at an HDB residential block.

Over the span of three days, the team successfully engaged more than 90 per cent of the households there, Prof Leo noted.

She said: "It is timely to launch the NCID Gallery and take the time to reflect on the past experiences of managing other infectious diseases outbreaks. Sars-CoV-2 will not be the last.

"Through the NCID Gallery and our community space, NCID Cares, we hope to reach out to the community and together take on the challenges of battling infectious diseases."

The NCID Gallery will be open to the public from Wednesday (Sept 8). Its operating hours are from Monday to Friday, 8.30am to 4.30pm. Admission is free.
 
HSK introduces an Electromagnetic Compatibility Chamber.

Heng Swee Keat

3 hrs ·
Any guesses as to what this space which resembles a durian could be?
It is in fact an Electromagnetic Compatibility Chamber, where scientific equipment and even home appliances are tested in their electromagnetic environments.
This lab is part of TÜV SÜD - ASEAN’s new $100 million hub at the International Business Park, which I launched today. It is the company’s first regional hub outside of Germany that it designed and built from scratch. Even amidst the global economic challenges, TÜV SÜD and other global companies are making significant investments here.
New strategic partnerships to advance sustainability and digital trust were also launched today. As we seek to transform Singapore’s economy, these partnerships will foster greater innovation, and add to the vibrancy of our industries.
Congratulations TÜV SÜD!

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Heng Swee Keat​

3 hrs ·

Another interesting highlight during the tour of its regional hub was this smart facade inspection drone. The drone uses cutting edge high-resolution visual and thermal cameras to scan the exterior of buildings. This helps verify the integrity of the building structure during the construction of the building, and is still being used for building management.

(MCI Photo by Lim Sin Thai)
 
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Heng Swee Keat​

4 hrs ·

Teo Ming Wei is a Senior Engineer at TÜV SÜD Digital Service Smart Lift Team. He shared that all the lift units in the building are Smart Lifts installed with sensors. With its analytics dashboard, the lift unit can simulate several live situations such as vibrating detection and live obstacle simulation.

(MCI Photo by Lim Sin Thai)
 
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Heng Swee Keat​

4 hrs ·

Foo Soo Guan, VP Innovation Services, TÜV SÜD took us through the different technologies that were adopted in the design, construction and operation of the new office. Here, I’m looking at how augmented reality allows TÜV SÜD to see the building’s MEP (mechanical, electrical and plumbing engineering) systems through the iPad.

(MCI Photo by Lim Sin Thai)
 
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Heng Swee Keat​

4 hrs ·

Happy to launch TÜV SÜD’s seven-storey integrated office and lab facility which houses more than 60 laboratories and has various state-of-the-art technologies for its R&D efforts. Glad that Prof Axel Stepken, Chairman of the Board of Management, TÜV SÜD was able to join us virtually!

[L-R] Ishan Palit, Member of Board of Management, TÜV SÜD AG; Prof Axel Stepken, Chairman of Board of Management, TÜV SÜD AG; Dr. Norbert Riedel, German Ambassador to Singapore; and Dr. Matthias J. Rapp, Member of Board of Management, TÜV SÜD AG

(MCI Photo by Lim Sin Thai)
 
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Heng Swee Keat​

4 hrs ·

Top: Witnessed the MOU signing between TÜV SÜD and ComfortDelGro Engineering to upskill automotive technicians on the safe handling of high voltage systems in electric and hybrid vehicles. I’m confident that this will develop and nurture more skilled technicians as we ramp up EV adoption in Singapore.

[L-R] Ishan Palit, Member of Board of Management, TÜV SÜD AG; Mr Richard Hong, CEO, TÜV SÜD Asean and Ang Soo Hock, CEO, ComfortDelGro Engineering

Bottom: Witnessed the launch of a new Digital Trust Committee. Commissioned by SGTech, the committee will drive initiatives on digital trust and will be guided by a separate Digital Trust Council with Tan Kiat How as the Committee’s patron.

[L-R] Philip Heah, CEO, Credence Lab; Chun Li, CEO, Lazada Group; Ishan Palit, Member of Board of Management, TÜV SÜD AG; Tan Kiat How and Mr Wong Wai Meng, Chairman, SGTech

(MCI Photos by Lim Sin Thai)
 
HSK introduces a local company.

Heng Swee Keat

11 hrs ·
We all know the story of how Apple was started from a garage. Meet a local company, Spectronik, that was started in an unused bedroom.
A decade ago, when Jogjaman’s brother was away from home, he and his friends Zarli and Shen Hao took over his brother’s bedroom and built their own hydrogen fuel cell. They then wrote to an American aerospace company promising that they had a better fuel cell than the ones in use. The company took up their offer, and later said it was indeed the best they had come across.
And the guys kept going from there, through bootstrap years and up against bigger players in energy. They also powered a vehicle developed by Dutch Delft University to cover 3,396km on 1kg of hydrogen — that’s like driving from Singapore to Hanoi without ever stopping to refuel, and still having some hydrogen left over!
With support from Enterprise Singapore, Ministry of Trade & Industry and National Research Foundation Singapore, they continue to improve their fuel cells and grow their business. When the Spectronik trio showed me their products and their workspaces, it occurred to me that they have actually hit on another powerful source of energy — the inventor’s passion and the entrepreneur’s zeal.
I hope they power on, and also find a way to charge up other young people who are interested in making the world better.

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Heng Swee Keat​

12 hrs ·

Cleaner mobility dreams — Spectronik makes zero emission electric buggies powered by Hydrogen fuel cells.

(MCI Photo by Lim Sin Thai)
 
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Heng Swee Keat​

12 hrs ·

Jogjaman Jap, founder and CEO of Spectronik, shared his inspiration in researching and developing portable fuel cell power systems. Behind us is another of its creations — the award-winning Phoenix drone, also powered by a hydrogen fuel cell, is designed for mission critical applications. It can fly up to 90min carrying 2kg of payload, you can see Phoenix in action here:

(MCI Photo by Lim Sin Thai)
 
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Heng Swee Keat​

12 hrs ·

Toured Spectronik's facility and spoke to some of their interns who shared that the team is learning something new every day.

(From left: Spectronik Engineering Interns — Eng Xin Fang, Liw Xin Ci, Marcus Ching, and Zarli Maung Maung, Co-founder and COO, Spectronik.)

(MCI Photo by Lim Sin Thai)
 
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Heng Swee Keat​

12 hrs ·

Hope to see more clean energy vehicles such as Spectronik's Hydrogen fuel cell-powered buggy on the road soon.

(From left: Shen Hao, Vice President-Operations, Spectronik; Beh Kian Teik, Deputy CEO, National Research Foundation; Jogjaman Jap, Founder and CEO, Spectronik and Zarli Maung Maung, Co-founder and COO, Spectronik.)

(MCI Photo by Lim Sin Thai)
 
HSK tests himself.

Heng Swee Keat

1 hr ·
COVID-19 is an agile and formidable virus. Let’s do whatever we can to keep everyone safe. In the coming days, testing will be even more important to help cut the chain of transmission.
I have been swabbed quite a number of times over the past year. But today, I tried self-testing using an Antigen Rapid Test (ART) kit for the first time. It is relatively simple and easy to use. And the results are out in fifteen minutes.
We are distributing test kits to households and will be doing so to workplaces from next week.
Check out my video below.
#SGUnited
(PMO Video by Arina Ong)

 
from straitstimes.com:

Asean, China will benefit from closer economic links: DPM Heng Swee Keat​


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BEIJING - Trade between Asean and China grew last year in spite of the Covid-19 pandemic, and both sides would benefit from building closer economic links, Singapore's Deputy Prime Minister Heng Swee Keat said on Friday (Sept 10).

Trade volume between the regional bloc and China grew 6.7 per cent last year despite the impact of the coronavirus outbreak, and is worth US$684.6 billion (S$920.6 billion), according to figures from China's Commerce Ministry.

"Looking ahead, Asean and China will benefit further from closer economic integration, especially with a fast-growing digital economy and an expanding middle class," said Mr Heng.

He was speaking via a video recording at Friday's opening ceremony of the annual China-Asean Expo in China's Guangxi region.

Pointing to the China-Singapore (Chongqing) Connectivity Initiative-New International Land-Sea Trade Corridor, he said there was a 30 per cent year-on-year increase in trade volume on that trade route last year.

The initiative, which began as a joint government project between Singapore and China, has the potential to benefit the wider region as an alternative trade route, said Mr Heng.

"By providing a more direct link between western China and South-east Asia, the corridor reduces the time and cost for the movement of goods and the provision of services between these fast-growing regions and beyond," he said.

Mr Heng also said Asean and China should work together to strengthen the rules-based multilateral framework for trade and investments, including upgrading the existing free trade agreement that Asean has with China, and rebuilding air links.

Other Asean leaders also spoke via video recording at the opening ceremony of the trade fair on Friday.

In a congratulatory letter, Chinese President Xi Jinping said Beijing was willing to deepen its cooperation with Asean in areas including fighting the Covid-19 pandemic, the economy and trade, and work with it to maintain “prosperity and development in the region”.
 
from straitstimes.com:

German testing giant opens new $100m regional hub in Singapore​


SINGAPORE - A global testing and certification giant has opened a new $100 million regional hub here, in a move Deputy Prime Minister Heng Swee Keat described as a vote of confidence in Singapore and the region amid the Covid-19 pandemic.

German company TUV SUD's new facility at the International Business Park in Jurong houses more than 60 laboratories to explore various technologies as part of the company's global research and development efforts.

The seven-storey office and laboratory facility spans 18,900 sq m - around two and a half football fields - and some 650 employees have moved there from their former premises at Singapore Science Park.

Speaking at its official opening ceremony on Wednesday (Sept 8), Mr Heng, who is also Coordinating Minister for Economic Policies, noted that TUV SUD is making the significant investment amid global economic challenges.

"As the first regional hub outside of Germany that TUV SUD designed and built from scratch, this is a vote of confidence in Singapore and the region's prospects," he said.

Mr Heng noted that Singapore's economy is showing green shoots of recovery, and is forecast to grow at between 6 per cent and 7 per cent this year, partly due to such continued business confidence in the Republic.

Singapore continues to welcome investments here, he said, adding that as the country presses on to transform its economy, it wants to broaden collaborations with partners from around the world.

TUV SUD's new hub will be a launchpad for collaboration in new areas of growth, such as the effort to build trust in the digital economy, and in sustainability, he added.

The firm, founded in 1866 to inspect steam boilers regularly following a fatal accident at a German brewery, today certifies the security of businesses' data, among others. It offers safety, security and sustainability solutions, specialising in testing, certification, auditing and advisory services, and its new centre will create 50 new jobs in engineering and cyber security.

TUV SUD and ComfortDelGro Engineering also announced a partnership to develop a training programme to upskill automotive technicians on the safe handling of high voltage systems in electric and hybrid vehicles.

"Having such a programme in place will in turn set industry standards and also enable more skilled technicians to be readily available as Singapore works towards a more sustainable future," said TUV SUD.

The firm completed its first major deal in Singapore when it acquired PSB Corporation and PSB Certification - units of statutory board Spring Singapore - in 2006, a move that nearly doubled its resources in the Asia-Pacific region at the time.

TUV SUD then started operating here as TUV SUD PSB.

It invested $40 million in 2016 to build a Digital Centre of Excellence to develop technologies and talent in support of Singapore's Smart Nation agenda. This is now housed at the new regional hub in Jurong.

Dr Axel Stepken, chairman of TUV SUD's management board, said the new $100 million investment will "spur our ambitions in digitalisation and sustainability".

"Singapore and Germany are two countries which are actively working on shaping the future with innovative technologies and solutions designed to benefit people and the environment," he added.

TUV SUD chief operating officer and management board member Ishan Palit said Singapore is the company's "chosen destination to further invest in digital technologies, given its pro-business environment and skilled talent pool".
 
HSK encourages business leaders to explore opportunities overseas.

Heng Swee Keat

11 hrs ·
Not many people know that ASEAN and China are each other’s largest trading partners. Despite the COVID-19 upheaval, trade grew in 2020.
It has been 30 years since ASEAN and China established dialogue relations. In those years trade has flourished. Today, opportunities abound, driven by the digital revolution and the pursuit of sustainable development. There is much that Singapore can contribute to this growth potential. This was my main message when I addressed the 18th China-ASEAN Expo (ASEAN), held in hybrid format in Guangxi, China.
As we seek to recover from the pandemic, I encourage more business leaders in the region to explore opportunities beyond their shores and collaborate on building a more prosperous shared future for our peoples and the world.
#18thCAEXPO

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HSK enjoys catching up with East Coast residents.

Heng Swee Keat is with Cheryl Chan 陈慧玲 and
3 others
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9 hrs ·
I always enjoy catching up with our East Coast residents. Joined some 175 of them, together with students and youth volunteers, for a post-National Day Rally dialogue. This is part of our ongoing East Coast Conversations.
We discussed how we are better supporting lower wage workers, ensuring fairer treatment for our workers and safeguarding racial harmony. It was heartening to hear from our residents how they see themselves contributing to our nation and community in different ways.
Let’s work together to build a better Singapore and a more caring, greener and vibrant East Coast.
#EastCoastCares
#SGUnited

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Heng Swee Keat​

10 hrs ·

The commonly discussed topics during the dialogue were maintaining racial harmony and providing more support for lower wage workers. Thank you everyone for taking time out on a Saturday morning!
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