Phasing out the $1000 denomination
I support the government's decision to phase out the Singapore S$1000/ denomination in order to reduce money laundering and terrorism financing risks. I have a suggestion to make too. Unlike the Australian currency, the US currency, the Euro or even the Chinese renminbi, our Singapore currency notes do not have a $20/ denomination....
The problem with Genies
Photo: Disney One of the more interesting stories that has hit the global news pages today (2 November 2020) is the story of a doctor in India who is suing two men who fleeced him of a seven million rupees (around US93,000) for “Aladdin’s Lamp. It seems that the men promised him that they could control spirits that would...
PPE for airport front liners
Photo: ST I read a report that the airport provides personal protection equipment (PPE) to front liners. [LINK] Most people will cheer this decision. I have a different view and approach. What is my view? I believe that the risk of infection of the front line workers at the airport is low. It is not the same level of risk as...
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