MAS: We didn’t intervene heavily to support SGD
In response to media queries, the Monetary Authority of Singapore (MAS) released a statement on 14 Apr to explain that it had not intervened heavily to support Singapore’s currency. Commenting on the market reports, MAS said, "These reports had erroneously cited the fall in Singapore’s official foreign reserves (OFR) and...
Amos Yee remanded after his parents refused to post bail
Amos Yee Teenage blogger Amos Yee Pang Sang has been remanded, after his parents refused to post his fresh bail after a pre-trial conference (PTC) today (17th April). The 16-year-old was initially charged on 31st March for offending the feelings of Christians, uploading obscene material to his blog and harassment. He was released...
ST reporter rejects Khaw’s idea of sending elderly to JB
Minister Khaw Boon Wan Last week (9 Apr), SPH reporter Janice Tai wrote a very insightful opinion piece, questioning if Singaporean elderly are destined to be shipped so as to JB to get nursing care there ('Is Grandma destined for export to JB?'). She wrote that rising costs in Singapore have already sent some Singaporeans to...
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