A new approach to handle CDC Voucher
The current CDC voucher system is poorly designed and is troublesome for the merchant and the consumer. It works as follows: a) The consumer has to select individual vouchers for the merchant to scan. The vouchers are marked as redeemed and the amount is transferred to the merchant. b) If the amount does not match the vouchers,...
Summoning
Towards the end of last year, I found myself talking about my marital status, when the person I was talking to asked “How come a guy of your caliber went for a Vietnamese girl and not an “Ang Moh” (Singapore slang for Caucasian) girl?” While the person I was speaking to meant to compliment me (I wasn’t aware that I...
ABSD Exemption Clause in Singapore’s FTAs
This has to take the cake for stating an unfavourable fact favourably. The Straits Times reported that Singapore residents (citizens and PRs) bought 99% of units sold at the Reserve Residences. Of the remaining 1%, “three are foreigners from the United States, who are subject to the same additional buyer’s stamp duty (ABSD)...
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