S$ tanks as GDP forecasts slashed
Because: China sneezes, S’pore in intensive care. As an example of the slashing of forecasts, MayBank lowered S’pore’s GDP forecast by 38%. MayBank’s highly respected local economist lowered his 2020 GDP growth forecast for S’pore from 1.8% to 1.1%. He said the virus outbreak and travel restrictions would hurt tourism...
SDP vs MOM POFMA Case: A curb on constitutional right to free speech
Justice Ang Cheng Hock ruled that it was the Attorney-General (on behalf of the Minister) who has to bear the burden of proof that the SDP's statement was false. Justice Ang explained why this was so: "This was explicable in part on the basis of the fact that it was the Minister who was seeking to curtail the statement-maker’s...
Waz the point of local banks’ going digital?
BS in action and wasted productivity. “Experts” are asking how the new digital banks can really differentiate themselves. They say market is already well served by big financial institutions who have good digital banking services. These “experts” don’t know how the local banks work. Yes they have good digital services...
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