Singapore must shed the protectionist mentality, here’s why.
A small city-state that depends on the free flow of trade to survive cannot afford protectionism.
For Aviation Workers, 2020 May Just Be The Worst Year
Warren Buffett has dumped his entire stake in airlines. Of the pandemic’s blow to air travel, the successful investor said that there was no joy in managing those companies right now. The International Air Transport Association (IATA) has released its financial outlook for the global air transport industry in 2020. The bad news? Airlines are […]
No, Singapore isn’t returning to the pre-COVID days
A steep slump as the Singapore economy contracted by 13.2% year-on-year in Q2, 2020. This makes for our worst quarterly performance on record as Singapore narrowed its economic forecast for 2020 to a contraction between 5 and 7%. Grim outlook. It reflects the devastating impact of Covid-19 as well as the deeper forces reshaping the […]
Happy 55th birthday, Singapore.
In a National Day message video posted today, President Halimah Yacob shared that Singapore’s 55th birthday would have been a milestone and a cause for great celebration if not for the ongoing Covid-19 pandemic. Indeed, the coronavirus has caused impacted every aspect of life, severely disrupting life for many. We are facing a global economic […]