A new way to finance large losses
Most people look towards insurance to finance losses, such as health care bills, motor repairs caused by accidents, loss of property due to fire and disasters, etc. I wish to suggest a new way to finance these large losses. First, I must state what are the disadvantages of using insurance to finance these losses: a) The losses...
What exactly does this word ‘Radicalised’ mean?
According to the latest press release of the Ministry of Home Affairs, three Indonesian domestic workers who have been working in Singapore for between six to 13 years were issued with detention orders under the Internal Security Act (ISA) in September 2019. They were Anindia Afiyantari, Retno Hernayani, and Turmini. All three...
Anonymous e-wallet
Some people did not like to use e-wallet to make payments because they are worried that their spending can be tracked. I find this fear to be exaggerated. Here are my reasons: a) Nobody is interested to know about any individual's spending among the millions of people in a country, except perhaps for the spouse or parents. b)...
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