Companies need targeted help, not a stimulus package, says Chan Chun Sing
To help companies, Trade and Industry Minister Chan Chun Sing said the focus should not be on stimulating demand as no matter what we do, we would not be able to replace the external demand that we had before. A stimulus package would thus not be entirely helpful. The focus should therefore be on helping […]
Reviving our Air Hub; COVID-19 set us back by at least 40 years
The airport, together with the seaport, are our lifelines, the two lungs of Singapore. COVID-19 has incapacitated one of our lungs, the airport. We used to register around 1000 flights a day but now it is reduced to just about 150 a day. Compared to the pre-COVID-19 volume of 20 million a year, today Changi […]
How can the PAP rebound come GE2025?
Quora writer Bill Chen suggests that for PAP to rebound in GE2025, it will have to give voters what they want, and that is ‘politics’. Here’s what he wrote: First, what has been going wrong for the PAP? Beyond the leaking tap syndrome, the PAP has failed to give voters what they want. The younger […]
$2 billion every year to subsidise the running of the public transport system
Public transport is heavily subsidised. MRT lines are expensive to build. They also cost a lot to operate, to maintain and to renew ageing assets. The Government does not recover the infrastructure costs through fares, Transport Minister Ong Ye Kung said in his National Day Message to MOT. “Fare revenue is insufficient to cover these […]
And let’s not yell unfair hiring, just bcos we weren’t hired
Does unfair hiring take place? The answer is “yes” according to Mdm Ho Ching. But just because you are not hired, it does not mean hiring is unfair. In a Facebook post, Mdm Ho Ching wrote: Is it acceptable to complain about unfair hiring practices? Sure it is, provided it is based on facts, and […]
Why do some people want to empty their CPF accounts early when it will hurt them later?
They have illogical fears that if they leave any money behind in the CPF, they will not see it as the Government will allegedly come up with more reasons to deprive them of their money.
Staying open and forging a way forward amidst uncertainties
During The Economist’s Asia Trade Insight Hour series, a webinar was held on the economic outlook for trade. Mr Chan Chun Sing, Minister of Trade and Industry, noted that global trade has lifted millions out of poverty. There is, however, a growing number of people who oppose trade because of the uneven distribution of benefits. […]
In fast-evolving ground realities, standing still is not an option
The world has changed irrevocably. The geopolitical environment that has allowed Singapore to thrive in the last 50 years has changed. To thrive in a fast-evolving landscape, the nation will need to continue to innovate with a purpose by turning possibilities, fuelled by passion, into reality. Geopolitical tensions Tensions between major powers are rising. Hopefully, […]
MOM to test migrant workers every 14 days
All migrant workers living in dormitories, including those serving isolation in standalone blocks that serve as quarantine facilities, have been tested, MOM said in a joint statement with other government agencies. Good job! Steps are being taken to allow migrant workers to safely go back to work. [irp posts=”681″ name=”All Remaining Standalone Quarantine Facilities in […]
No matter what challenges arise, Singaporeans will prevail and united
In his 2020 National Day Message, Prime Minister Lee Hsien Loong stated that Singaporeans come together every year, rain or shine, to celebrate the making of our nation, and renew our commitment to Singapore. As we celebrate National Day this year (“2020”), we are faced with a global COVID-19 pandemic. No matter what challenges arise, […]