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Edwin Tong: Mikhy Farrera Brochez is a ‘pathological liar’

 

 

According to NUS study, HDB flats older than 30 years depreciate less than private freehold properties

A recent study published by the National University of Singapore (NUS) revealed that Housing and Development Board (HDB) flats that are older than 30 years have a higher resale value and depreciate less compared to other private freehold and leasehold properties.

They say that physical real estate is one of the best types of investments, especially to earn semi-passive income. However, what is our assurance that your property now will still have value in the market 30 years from now? Amidst the political and social news that everyone is occupied with, there is always room to talk about housing. Thanks to the study conducted by NUS, we have some numbers to compare when it comes to choosing between different property types which could be beneficial in decision-making as well.

The study showed that starting from the 10th year, the differences in depreciation among HDB flats, private non-landed freehold properties, and 99-year non-landed leasehold housing begin to occur. Those three categories and their historical resale transaction prices were used for the study. The examination period covered 20 years, from 1997 to 2017.

Aside from building age, on which depreciation is relative to, land tenure and the size of the property were also taken into consideration. The data, mapped based on age-related depreciation rates against transaction prices of resale properties, was provided for by the Urban Redevelopment Authority (URA) and HDB.

The findings

The following were some of the results released by NUS on February 13, 2019 (Wednesday):

  • Depreciation rates for all three types of properties were almost similar during the first ten years
  • HDB flats depreciated 1% faster compared to the other two types of properties within the first decade
  • When the 10-year mark has been reached, private non-landed freehold properties experience a slower rate of depreciation while the other two types depreciate at similar rates for up to 20 years
  • After 21 years, HDB flats have a depreciation rate of 3% while leasehold and freehold properties experience more than 10% depreciation
  • Private leasehold non-landed properties depreciate more than 30% once they reach this age mainly due to “aging effects caused by lack of maintenance of the building and its surroundings,” said Associate Professor Sing Tien Foo, a co-author of the study
  • HDB flats continue to be maintained which help reduce aging such as upgrading initiatives by the Singapore Government’s Home Improvement Programme
  • Professor Sumit Agarwal also added that “In addition to redevelopment schemes that slow down the declining prices of older HDB flats, subsidy grants of up to S$50,000 for first-time buyers of resale flats also help mitigate the price depreciation as the property ages.”

Authors of the study include: Professors Sing and Agarwal, NUS Business School professor Low Tuck Kwong and PhD student Zhang Xiaoyu

Member of the public Ang Yee Gary made a sensible analysis and said that depreciation to zero value may be slow in the early years but will increase in speed during the latter years.

Photo: Facebook screengrab

Either way, further research can be conducted on housing with other variables being used as comparisons the more time passes.

Local police officer and mother of three is left in a coma after being hit by a car as she was crossing the road

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A local police officer has been left in a coma after she was struck by an oncoming car as she crossed the road near Maxwell Road, around 9pm last Sunday.

The officer, 40-year-old Madam Salinah Binte Mohamed who serves as a staff sergeant at Marina Bay Neighbourhood Police Centre, is a mother of three young children.

According to a friend, Facebook user Chairul Fahmy, Madam Salinah was struck by a vehicle as she was on her way to meet her husband. The driver is believed to have been arrested by the police.

Chairul reported that Madam Salinah is in critical condition at Singapore General Hospital. Left in a deep coma, Madam Salinah now depends on life support as she fight for her life. Appealing for eyewitnesses to come forward and assist the police in their investigations, he asked netizens to pray for Madam Salinah’s recovery.

Over 200 netizens have reacted to and shared his post thus far. More than 70 netizens have expressed their sympathies and prayers for Madam Salinah and her family. Read Chairul’s post in full HERE.

Leong Sze Hian receives generous gifts as a “boost to attend court” and face PM Lee’s defamation claim

Prominent blogger Leong Sze Hian revealed yesterday that he received a generous gift from a well-wisher as a boost when he attends court to face the defamation claim Prime Minister Lee Hsien Loong has filed against him.

The gift, which consists of an angpow, ginseng, birds’ nest, abalone and essence of chicken, was left at his doorstep by a well-wisher who reportedly told him, “boosters for you to attend court!” 66-year-old Leong told one local website:

“Am so grateful to this well-wisher as well as the thousands who have sent me messages of support and encouragement. Surprises like this really make my day and helps to keep me going. I am so touched by the greetings that I get almost wherever I go. I can’t wait for the trial to start, so that I can have ginseng, birds’ nest, chicken essence, etc, every morning before I go to court!”

Earlier, PM Lee commenced legal proceedings against Leong for defamation after the latter shared an article on his Facebook page that alleged that the head of government helped launder 1Malaysia Development Berhad (1MDB) funds.

Leong, who initially said that he was “bewildered” by PM Lee’s actions, later said that he is fighting the claims against him in court and also filed a counterclaim against PM Lee for “abusing the process of the court in bringing the claim against me.”

According to CNA, PM Lee’s lawyer Davinder Singh applied to strike out the counterclaim by Leong earlier, on the ground that it has no basis in law and is completely hopeless”.

Leong then applied to strike out PM Lee’s original defamation claim against him on the basis that it is “scandalous, frivolous and vexatious; and/or may prejudice, embarrass or delay the fair trial of the action; and/or is an abuse of the process of the Court”.

Both sides will return to court on 25 Feb and appear before a judge who is set to hear both applications to strike out the other’s claims.

Tan Cheng Bock says he wants to re-enter parliament to seek accountability about CPF

Dr Tan Cheng Bock has asserted in a recent speech that he want to re-enter parliament because he seeks accountability and transparency over the reserves and the Central Provident Fund (CPF).

Facebook user James Tan shared a video of Dr Tan expressing why he wants to re-enter Parliament today. In the video, Dr Tan can be seen addressing a group at what looks to be a dinner. He says:

“I go in because I want accountability. I want transparency. What’s happening to our reserves? Are our reserves all gone? Don’t know. What happened to our CPF?

“Now these things, we all can shout until the cows come home [but its] no use, if you’re not in the House.”

https://www.facebook.com/1101487242/posts/10213350112962923/

 

Last month, Dr Tan Cheng Bock – a former ruling party MP who served in Parliament for over two decades – that he is returning to politics and that he is registering a new opposition party.

Dr Tan and 11 other “like-minded Singaporeans” have filed an application to the Registry of Societies to register a new political party, called the Progress Singapore Party. Interestingly, the group who filed the application to start the party include other ex-PAP cadres like Dr Tan.

Dr Tan revealed that he decided to form his own political party due to a sense of duty he felt towards Singapore, after hearing their concerns and fears during his interactions with ordinary Singaporeans on the ground.

Explaining that he chose to form his own party instead of joining an established opposition banner, leading an opposition coalition, or running as an independent since he felt that this was the “right” route for him, Dr Tan said that he looks forward to “working with others in the opposition who are passionate about putting country first – before either party or self.”

“Over the years, a group of us have been walking the ground, meeting many Singaporeans from all walks of life. In my conversations with them, I listened to their concerns, heard their fears and felt their pain. I felt a sense of duty to come forward and represent them in Parliament. So I decided to form a political party to add another voice in Parliament.

“The decision to go on our own was not an easy one. I, together with my team, studied the many options offered, like joining an existing opposition party, taking over an existing opposition party, running as an independent and so on. I want to thank all those who made such generous offers. I considered them all seriously and it was a difficult decision, but I feel it is the right one.

“Though we are setting up a new party, we still look forward to working with others in the opposition who are passionate about putting country first – before either party or self.”

Dr Tan further said: “At 78 years, I have a short window that I intend to use mentoring and developing future Parliamentarians who will work for the good of our nation.”

Asserting that his team wants to “build a compassionate and truly democratic Singapore where good values and people matter” and defend the freedom of choice and free speech without fear, Dr Tan appealed for the people’s support and urged the people to give his team an opportunity to “be an alternative voice in parliament.”

Dr Tan indicated that further details about his party will be revealed at a press conference once they receive approval from the Registry of Societies.

Top coach: Root problem at FAS is poor coaching

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VINCENT Subramaniam (above), arguably Singapore’s highest qualified, award-winning coach, left the FAS (Football Association of Singapore) on Monday and in this no-hold-barred interview with The Independent, he categorically states what’s ailing the No 1 sport here.

Never fearing to call a spade a spade, the 64-year-old with the highest AFC coaching degree (the AFC Pro Licence), says the root of the problem is in “poor coaching” and it would take the FAS “six to 10 years” before they come back to a decent regional playing field to compete with the best in Asean.

“There are coaches who are betraying the game and are not ‘ethical’ in their profession. This we must act quickly to change. The profession must have credibility, honesty, respect, accountability. The curriculum was not respected or never exist,” he says matter-of-factly.

The FAS must seriously get back to doing the coaching spadework because football educators make a world of a difference, says Subramaniam, a two-time S-League title-winning coach with Warriors FC (then known as Singapore Armed Forces FC) from 1997-98, and the S-League’s ‘Coach of the Year’ for both seasons.

He was the Lions’ head coach from 1998 to 2001, taking over from Englishman Barry Whitbread after the Lions won the Suzuki Cup (then known as the Tiger Cup). It must be noted that when Subramaniam was the Lions coach for two years from December 1998, he had a win-percentage of 50 per cent in the first 20 games – 10 wins, three draws and seven defeats. The Lions had the highest FIFA ranking of 81 in December 1998 and now struggling at 165 (January 2019).

NO COMPROMISE TO EXCELLENT COACHING

In his books, there’s no compromise to the importance of excellent coaching in football.

“Coaches are the key to youth football, and the future of football itself,” he says. “The wise coach develops not only the fullest physical potential in his charges, but also those capacities and habits of mind and body which will enrich and ennoble their later years.”

He adds: “I have been very fortunate to have played or coached under some of the finest coaches of modern-day football at FIFA and AFC levels. Each one of these outstanding coaches left a permanent mark, which has enabled me to achieve feats to a degree that may not have been possible if left to my own endeavours.”

Turning to the 23-year-old SPL (Singapore Professional League), previously known as the S-League, he pleaded to FAS to “work hard to keep the professional status” to convince the “considerable large football fan base…who’re beginning to think that football is a television programme on weekends”.

The widely-travelled Subramaniam, who has covered 41 countries when working with FIFA since 2011 and AFC since 1998, as FIFA Technical Consultant, based in Bangalore, India, says his “heart will always have a space for Singapore…if they call, I will come if I’m not engaged elsewhere”.

HONEST ANSWERS

Here’re his honest answers to 12 e-interview questions with THE INDEPENDENT:

1 Your contract as FAS Coaching Instructor ended February 11 2019. How would you candidly sum up your recent one-year contract?

Subramaniam: It was a busy year. The FAS Technical Department (TD) saw a transformation with several of its staff no longer there, including myself. We identified the areas we need to re-visit and addressed issues from youth development curriculum, tailored coach education syllabus, coach database, selection of national youth teams, TD processes. I’m confident all the suggestions will be addressed by those taking over the new reins.

2 How do you reckon you fared as part of your responsibilities which include monitoring the National Youth coaches, managing the coaches from clubs’ Centre of Excellence, School Football Academy and Development Centres, and supporting club coaches, plus FAS’ coach education as an instructor.

It was a multi-facet role although my appointment was singularly to focus on ‘Coach Instructor’. Attending umpteen meetings with other department heads. It was a learning experience to understand the new management objectives, concerns and its operations.

I interacted with several coaches, ex-nationals and club officials, many of whom were my former players. They were very forthcoming with their views and I truly appreciated their honesty. You can see in their ‘eyes’ that they wanted the ‘game’ to improve.

I also became aware that there are coaches who were betraying the game and not ‘ethical’ in their profession. This we must act quickly to change. The profession must have credibility, honesty, respect, accountability. The curriculum was not respected or never exist.

Obviously, the results from regional competitions have not been encouraging. The root of the problem was poor coaching. Coaches were not continuously upgraded with new trends, new methods, new skills to meet the modern game.

Seriously, they had no accountability. Those coaching school teams were paid for sessions but not evaluated after. The inevitable outcome was poor quality of players.

3 How was your previous stint as the Garena Young Lions coach during the latter half of the 2017 season?

The players were not up to the mark technically and lacked tactical adaptation. They passed through their ‘golden years of learning’ with the Sports School, Club COE (Centre of Excellence), NFA (National Football Academy) later called FFA (FAS Football Academy).

The ‘quality’ of players left much room for improvement. The net for selection of players were ‘clouded’. The players worked hard but fell short of the commitment and effort required to excel at the higher level. They are either students or soldiers first, so when they come for the evening sessions they had limited energy left.

4 How do you think the FAS is headed in moving in the right direction and putting in place foundations that will bear fruit in future? What are the positives and negatives you anticipate in the coming months?

FIFA and AFC are extending expertise in all areas for the MAs (Member Associations) to develop their resources, capabilities to realise their potential. They provide ‘experts’ with hands-on-assistance to all MAs to study and develop tailored programmes and assist in their long-term development plan.

The recommended programmes and plans are presented to the MA leadership for their approval and endorsement. We have continued to be a beneficiary of this assistance programme. They also provide ‘follow-up’ assistance to ensure that we’re on the right track. Funds are also provided to implement the plans. So, it’s a small margin that we can go wrong.

5 You have always preached that your coaching philosophy is never for personal glory but for the development of the game. Are we on the right track towards football development?

The ‘track’ is set by the management after involving all department heads. Michel Sablon’s plans were endorsed by the management. It’s still works in progress, in my opinion.
The Technical Department head has to put in place processes to achieve the goals set by the management. There are intermediary check and balances. Chances are we will succeed in achieving the goals. It will take strength, believe and perseverance beyond the tenure of this management.

In my opinion, the management has to engage appropriate staff with a good understanding of our community and social priorities. We have relatively a small industry and football cannot be a priority for many.

6 Your candid thoughts on FAS’s desired vision for Singapore football, especially keeping in pace with Asean neighbours, majority of who have made stunning improvements in recent years?

The work identified to be done, especially the development of elite players and the game, would need a cycle of about six to 10 years. The current management would need to see beyond their remaining tenure.

We also realise we cannot achieve these goals by ourselves and we have rightly engaged our supporting partners such Active SG, Schools Sports Council and Club Youth Programme.

Working with Active SG opens a wide spectrum of areas where we can share their resources. It also brings back memories of FAS/SSC/MILO Soccer School where many stars were groomed, in the 1980s and dedicated coaches who contributed to the success.

Today, I see that happening again with ActiveSG and in a much more extensive way. They are, however, lacking in technical expertise and I’m sure the FAS can assist.

7 In September 2017, you fired one of the most stunning broadsides at the management of local football, taking aim at a “lack of accountability” in the sport. You even lamented on pro footballers who work only two hours a day. Is there a future for the SPL (Singapore Professional League) over the next five years?

The ‘scene’ has not changed much, to be honest. SPL clubs are now lamenting that they are lacking training resources even if they were to train twice a day on certain days of the week. The SPL clubs are finding it difficult to retain our national players with many venturing overseas for better prospects.

Make no bones about this. This will dampen the quality of play in the SPL. I had reminded our coaches that we have to save the ‘game and save our profession’. We need to work hard to keep ‘professional’ status.

I came through the period where we were all mere amateurs, later semi-professionals and professionals in 1996 (when the S-League started). SPL definitely faces very challenging years ahead and will be in the shadows of other major regional leagues for some time.

I touch my heart as I say this: We have a considerably large football fan base but they are beginning to think that football is a television programme on weekends!

8 How has the Lions changed since you were the national coach from 1998 to 2001? Singapore had one of the highest FIFA rankings during your time but now at one of its worst. Your thoughts?

The FIFA/AFC ranking table has often been disputed by many countries. We, too, had several views on the matter but this ranking is the official barometer to see where we stand in the regional football frame.

We’re now 165 with closest neighbours Malaysia (167), Indonesia (159) and Thailand (115) out of 211 FIFA-member countries. For the women, we’re ranked 118 out of 152 countries (Malaysia is at 89).

But FAS is moving pragmatically towards improving and now ensures that the Lions play ‘A’-rated international matches during all the FIFA windows, throughout the year.

Inevitably, the regional opponents and results will matter if we are to move up the table. I must admit that we’re on a tight wicket as our neighbours are also thinking likewise and we have to work harder and buck up as moving up the FIFA/AFC rankings will take longer than previously thought.

9 Your sincere views on the Lions winning the South-east Asian (SEA) Games in the coming years? Where do we lack in matching our faster-improving neighbours?

The core players were identified since 2016 and had been kept together since as the ‘Young Lions’. The management has given its full support. We must not raise the expectations too high.

My appeal to the Singapore fans is simply to have faith. To be confident Fandi Ahmad and his younger batch of players will do their best and we hope their best in the coming months will make us proud.

We have to buck up significantly in every aspect of football. Unless we’ve higher-calibre training facilities and more dedicated and passionate coaches, our younger players will find it difficult, on the regional platforms, to execute techniques in tight areas as their physical levels are rather low for international matches.

10 How was your behind-the-scenes work with Technical Director Michel Sablon to realise the FAS vision and to ensure that the coaches are aligned with FAS’ youth training philosophy?

My relationship with Michel goes beyond our shores. We share the same passion for the game. We were aware of the heavy responsibility but we were confident the implementation of the ‘Football Development Plan’, introduced by Michel, will pay dividends in the long run. But it’s important to persevere.

The ‘brand’ of coaches we have today are rather different, they need to be continuously motivated, insured, rewarded and their welfare looked after. We must dedicate more funds, and more than courses, we need to identify talented and passionate coaches for further development. This is an important area where we must significantly do better.

I must reiterate that the role of the coach is not just coaching! Football, or sports coaches, assist athletes in developing to their full potential. They are responsible for training athletes in a sport by analysing their performances, instructing in relevant skills and by providing encouragement.

Positive relationship skills is a speciality we must always emphasise. Coaches who value and focus on effective, personal relationships with their younger players are guaranteed benefits regardless of wins and scores because they will have helped to influence positive moral and ethical behaviours.

11 As an Elite AFC Coaching Instructor, what are your future plans, perhaps with FIFA and AFC?

I have travelled 41 countries when working with FIFA since 2011 and AFC since 1998. I was very well guided and tutored by FIFA experts and AFC tutors. I later worked as a ‘FIFA Technical Consultant’ and also as an ‘AFC Consultant’.

I have gathered vast experience understanding the countries in nature and recommending tailored technical structures, training human resources and assisting in their long-term planning. I have established a very wide network. I know I’m well respected in the Asian region. I would certainly like to continue to build on my reputation with the AFC and FIFA.

12 Would you want to return to Singapore in the near future if you’re invited to do so in any capacity?

I was in the service for 21 years and they are responsible for all I am today. Singapore will always be a ‘motherland’ deep in my heart. I’ve moved on to settle with family in Bangalore, India, (where I keep a close eye on FIFA & AFC coaching projects in South Asia and Central Asia). But my heart will always have a space for my country of birth, where I even served in the SAF in the 1970s as a regular non-commissioned officer.

If there’s an opportunity in the near future to help in football or any other related sports arena, in Singapore, I will come if I’m not engaged elsewhere in any FIFA and/or AFC assignments. Period.

Local cleaning business owner says Govt is not doing enough to protect businesses from maids who take up jobs on their off days


A local cleaning business owner has blasted Foreign Domestic Workers (FDWs) who illegally take up cleaning jobs on their off days and has asked what the authorities are doing to protect legitimate businesses from such workers.

Sekaran Rengiah, who aired these grievances on social media, runs PinkMaids.sg – a local business that provides part-time helpers on 4-hourly sessions for housekeeping and cleaning services on a regular or ad-hoc basis.

Pointing out that FDWs are not the only group of people flouting labour laws, Sekaran said on Facebook that foreigners on social visit, student and dependent passes are “working as part-time/freelance house cleaners without proper approvals or licenses from the relevant authorities.”

According to local laws, foreign employees holding an S-Pass or a work permit are not allowed to moonlight. Those caught flouting such laws will be liable to pay hefty fines or face imprisonment, if convicted.

Asserting that such punitive measures are not enough, Sekaran said that foreigners and FDWs “are practically killing everyone in the house cleaning industry with their cheap rates.”

Explaining that local businesses cannot afford to offer the rates these foreigners do since they have to grapple with high operating costs, he said:

“These ppl are practically killing everyone in the house cleaning industry with their cheap rates! Legitimate cleaning companies & part-time maid providers can’t match their rates coz they have their operating costs as they need to pay CPF, give Leave benefits & provide insurance & work injury compensation according to the Employment Act, pay for office rental, administration & advertisement charges, transportation, Levy etc etc.”

Sekaran also lamented that many Singaporeans and foreign residents here flock to foreigners who illegally offer cleaning services because of the cheaper rates, without concern for flouting local laws.

Noting the openness with which foreigners and FDWs offer cheap cleaning services to local clients on social media, Sekaran asserted that he feels the authorities are clearly not doing enough to prevent such abuse of local laws and protect legitimate businesses and licensed companies.

Read his post in full here:

https://www.facebook.com/permalink.php?story_fbid=823397851341163&id=100010128678270

In case you cannot read the above:

“They come here on social visit visas & start working as part-time/freelance house cleaners ! Then there are those who are here on student pass, dependent pass, long term visit pass who are also working as part-time/freelance house cleaners without proper approvals or licenses from the relevant authorities ! Then there’s another group who are on Work Permits here under the Foreign Domestic Worker (FDW) category who goes around doing this on their OFF days !

“I simply don’t understand what kinda actions or enforcements our authorities are taking to prevent such abuse of our system & to protect the legitimate businesses & licensed companies !

“These ppl are practically killing everyone in the house cleaning industry with their cheap rates ! Legitimate cleaning companies & part-time maid providers can’t match their rates coz they have their operating costs as they need to pay CPF, give Leave benefits & provide insurance & work injury compensation according to the Employment Act, pay for office rental, administration & advertisement charges, transportation, Levy etc etc.

“Many cheapskate Singaporeans & foreign residents here are flocking to these ppl for their cheap rates ! They are not bothered abt flouting the labor laws here. One could see in social media how openly these 2 grps of ppl transacts ! This shows that the authorities are not doing enough & that the punishment meted out for flouting such laws are not deterrence enough !”

Singapore authorities: Mikhy Brochez counters with unsubstantiated claims and ‘baseless allegations’ about HIV data leak

A Facebook account allegedly owned by Mikhy Brochez, the man perceived to be at the helm of the HIV registry leak, posted claims that there was another person involved in the HIV Registry leak, that he was maltreated while in police custody, and that he had contracted HIV while in prison and was denied HIV medication while serving his sentence.

In a joint statement, the Singapore Police Force (SPF) and Singapore Prison Service (SPS) asserted that the accusations made by Brochez were all phoney.

“Brochez had been tried and found guilty by the Singapore Courts,” both agencies said. “He has now made baseless allegations about the investigations as well as against Police and Prisons. His actions have shown him to be a pathological liar,” noted the statement.

Regarding Brochez’ accusation that he was sexually attacked and and eventually contracted HIV in prison, both agencies vehemently denied such allegation and said that the allege sexual assault was promptly looked into by the Criminal Investigation Department and was found to be fictitious. On the contrary, Brochez was said to have committed a “litany of institutional offences, including assaulting a fellow inmate”.

In the statement, it was made clear that Brochez already had HIV prior to his incarceration in 2016, adding that this “is a matter of record.”

On Brochez’ claim that he was denied HIV medication while serving his sentence, authorities asserted that this was incorrect and noted that Brochez already declared himself to be HIV-positive since 2008 when he was admitted to prison, but declined to take on the necessary blood tests.

“Prisons eventually checked with MOH, (given his refusal), and subsequently provided him with the necessary medication,” read the statement.

MOH also issued a statement on the matter, stating that Brochez “continues to make allegations which are either false or unsubstantiated with any evidence.”

“The matter has been thoroughly investigated by both the Ministry of Health and the Police. Brochez was convicted in Court for fraud and various drug offences. Should new evidence emerge, we will investigate accordingly,” the ministry said.

It also discounted Brochez’s claim that that the HIV Registry is used to target a group of men with a specific sexual orientation. “Our priority remains the wellbeing of the affected individuals,” it added.

Read related: https://theindependent.sg.sg/mikhy-brochez-now-claims-he-did-not-steal-hiv-records-and-that-he-was-only-infected-with-hiv-when-he-was-raped-in-singapore-prison/

 

 

 

Today’s top tech news, February 13: First legal tech startup accelerator to launch in Singapore

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Also, Malaysia’s HelloGold steps foot in Africa, Temasek invests in US startup DoorDash

First legal tech startup accelerator to launch in Singapore [KrAsia]

Singapore is said to be getting ready to launch Asia’s first legal technology startup accelerator in April this year, according to the Singapore Academy of Law (SAL). This would be the second attempt of the accelerator, named the Future Law Innovation Program (FLIP), which is a two-year pilot program by SAL that was started with the initial title Accelerator!, but has now been halted.

The program will be three to six months long, with experts in innovation and entrepreneurship joining as mentors that’ll give advice on business strategies and management.

Also Read: Thailand now has six digital bills welcoming Thailand 4.0

With the legal sector in the country being regarded as lagging behind in tech innovation, this would be a significant upgrade that can provide help for the legal industry.

Malaysia’s fintech HelloGold steps foot in Africa [Press Release]

Malaysia-based fintech savings platform HelloGold has officially expanded to Africa in partnership with Baobab, a digital financial inclusion group. With the partnership, HelloGold will provide gold savings and loans to 800,000 Baobab’s customers, who can access HelloGold’s products through Baobab’s new mobile app.

Using the app that will be launched this year, Baobab’s users will be able to buy, save, and invest in gold on the integrated mobile application instantly and securely.

“The possibility to easily save and invest in gold is an additional key offered to our clients to unleash their potential. This collaboration with HelloGold will allow us to integrate this saving offers in the nine African countries we are working with,” said Arnaud Ventura, CEO, and founder of Baobab Group.

Baobab provides digital and mobile solutions for customers in Africa at its 1140 service points as well as in China to help to manage their finances.

HelloGold uses blockchain technology to enable customers to access affordable financial products and services, starting with gold.

Singapore welcomes People Matters TechHR Conference this month [Press Release]

People Matters TechHR, Asia’s HR tech conference will launch in Singapore on February 28, 2019, at the Marina Bay Sands Expo & Convention Centre. The conference is the two-day program organized by People Matters, the HR community and HR media brand focussing on work, talent & tech.

Key speakers at the conference include Dr. Robert Hogan, Founder & President at Hogan Assessments; Jason Averbook, CEO & Co-Founder at Leapgen; Goh Swee Chen, Chairman Singapore National Employers Federation (SNEF); Nora A Manaf, Group Chief Human Capital Officer at Maybank, and Aileen Tan, Group Chief HR Officer, Singtel.

The conference will highlight topics like tech for productivity and efficiency for employees and the process of deploying technology in the organizations.

The conference also will facilitate about 50 HR tech startups that will showcase their companies at the Startup Zone, meet investors one-on-one, and attend exclusive masterclasses. Investors that will be zooming in as mentors are Singapore Press Holdings, Golden Gate Ventures, SeedPlus, TRIVE, Cento Ventures, Accenture Ventures, TNF Ventures, Monk’s Hill Ventures, ENRG Hong Kong Limited, and Omidyar Network.

The conference also includes a study tour segment which will take place on March 1, 2019, bringing in companies such as Netflix, Singapore University of Technology & Design, 3M, P&G, Google, TCS, Workplace by Facebook, Singapore Management University, and the National University of Singapore that will be hosting delegates as part of this exclusive program.

Register for People Matters TechHR Singapore and take the next leap! Click here to register.
Click here to know more about the conference.

Temasek to invest US$500M in US food delivery startup DoorDash [Deal Street Asia]

Singapore-based investment firm Temasek is said to be in a discussion for a US$500 million funding round for DoorDash, food delivery startup in the US. DoorDash has been backed by SoftBank, CRV, Khosla Ventures, Kleiner Perkins and Sequoia Capital.

Should this round comes through, the San Fransisco-based company will be valued at over US$ 6 billion.

DoorDash was founded in 2013 by Stanford University students and does business by hiring contractors to pick up and deliver orders from food and beverage outlets. Currently, it serves in over 1,000 cities across the US and Canada.

Just last year, the company signed a partnership with US retail behemoth Walmart and has been testing autonomous car deliveries via General Motors-owned, Cruise Automation.

Philippines inch away to approve a startup-friendly bill [KrAsia]

Philippines’ Innovative Startup Act, a bill that is designed to support startups in the Philippines is now just waiting for President Rodrigo Duterte’s approval for it to become a law. The country’s Senate has ratified the bill last week.

Also Read: Horangi Cyber Security: Southeast Asia is still vulnerable to cybercrime

Senate Bill 1532, or the Innovative Startup Act, was authored by Senator Bam Aquino. In the to-be-enacted as law, startups will be provided with financial subsidies such as tax breaks and grants, especially for tech startups whose platforms address the country’s problems in transportation, healthcare, financing, and other areas.

The Innovative Startup Act will also give founders access to a PHP 10 billion (US$191.6 million) Innovative Startup Venture Fund that they can use to finance their businesses. The fund will be managed by the Department of Science and Technology.

Photo by Sebastian Pichler on Unsplash

The post Today’s top tech news, February 13: First legal tech startup accelerator to launch in Singapore appeared first on e27.

Source: E27

Forbidden snack: US ballpark bans nuts

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Connecticut, USA – Peanuts are officially banned at the Dunkin Donuts Park, a baseball park housing the Hartford Yard Goats, a minor league baseball team.

Peanuts and Cracker Jack, a delectable caramelized popcorn and nut mix, are considered by many baseball fans to be staple snacks during a game, similar to buttered popcorn at movie theaters.

The total peanut ban is implemented after several allergic reactions suffered by unwary spectators consuming snacks during the game.

In the US, peanuts are among the most common and even the most fatal food allergens, affecting 2.2 percent of children and 1.8 percent of adults nationwide.

Yard Goats team president, Tim Restall made the decision to ban nutty foodstuffs after listening to stories of concerned parents about their children suffering from peanut allergies. To avoid triggering allergic reactions, children go the extreme mile of bringing their own food when attending parties and even wearing gloves when trick-or-treating in case they touch candies with nuts.

Some people experience averse allergic reactions when having any kind of contact with peanuts. Audience members sometimes throw peanut shells and could hit someone allergic.

Peanut allergy symptoms include rashes, hives, throat swelling, nausea, asthma, stomach pains, and diarrhea.

When asked about fans who want to consume peanuts at the park, Restall said “They can still eat peanuts at home.”

Restall added that security will also be checking bags in case fans try to sneak in the forbidden snack.

While the minor league baseball team may lose profit—and possibly some fans—from banning peanuts, an academic sees it as a marketing opportunity. According to New York University professor Henry Assael, he considers the nut ban as “publicity for a minor league team that’s not very well known, latching on to a particular health issue, versus possibly alienating some of their fans, because peanuts are a food traditionally associated with baseball.”

In Singapore and in other Southeast Asian countries, however, shellfish are the most common food allergen.

https://theindependent.sg.sg/woman-sent-to-ae-after-repeatedly-telling-soup-restaurant-about-her-shellfish-allergy-yet-served-scallops/