5 S’pore News That You Should Know About That Were Reported Yesterday (13 December 2019)

Let’s face it: in this social media world, exciting and viral news like a cat feeding a baby bear would often appear in your Facebook news feed, while important news like the GDP growth of Singapore this year wouldn’t get the same reach.

It’s understandable since social media platforms would prioritise engaging and viral contents to keep users in their platform.

In order to ensure that you’d still know about important news instead just social news, below are the top five Singapore news that was reported yesterday which you should know, simplified for you in a bite-sized format:

Singapore’s GIC Will Buy Logistics Properties In Europe For US$1 Billion

Singapore’s sovereign wealth fund has announced that they have signed a deal to buy a logistics real estate portfolio from funds managed by private equity firm Apollo Global Management affiliates.

The total amount spent was about US$1 Billion and the deal includes 28 logistics assets from Germany, Poland, Netherlands, Belgium and more.

For more info, tap here.

Singapore Becomes 7th Most Expensive City In Asia For Expats

Singapore has climbed 2 spots to become the 13th most expensive city in the world for expatriates. It is also the seventh most expensive location to live in in Asia.

Number one on the global list was Ashgabat in Turkmenistan, while Tokyo was number 2 and Hong Kong was number 6. The results were published by ECA International on Tuesday.

For more info, tap here.

Actor J A Halim Who Spent 51 Years In Local Entertainment Industry Dies Aged 71

Local actor J A Halim passed away on Friday morning in Tan Tock Seng Hospital after suffering a stroke. The doctors said that a blood vessel had burst and caused internal bleeding in a part of his brain.

He was 71 years old. He will be buried at the Muslim cemetery in Choa Chu Kang at around 11am. Before that, Mr Halim’s body will be taken to the Alsagoff Mosque where the burial rites will take place.

For more info, tap here.

The British Pound Rises Against Singapore Dollar After Exit Poll Points To Big Conservative Victory

The pound increased to multi-year high as Prime Minister Boris Johnson’s Conservative Party’s majority results in a possible end to the “Brexit deadlock”.

The British currency jumped 1.83% to $1.8242 against the Singapore dollar as of 10am on Friday, compared to the previous day’s $1.7913. It is the highest level since April 2018.

For more info tap here.

Taxi Driver Pleads Guilty For Fatal Accident After Taking Pills That Make Him Sleepy

A taxi driver decided to drive after he swallowed medicine that could have side effects such as feeling sleepy. As a result, a fatal accident happened last year.

He lost control of the taxi he was driving and mounted a centre divider. It later hit a motorcycle and a lorry. The motorcyclist was flung onto a nearby pavement before the lorry ran him over.

For more info, tap here.

Do come back tomorrow to the Goody Feed app so you’ll always stay informed!