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Singapore's Economy Already In Recession, Covid19 Just A Convenient Excuse

Singapore's Economy Already In Recession, Covid19 Just A Convenient Excuse

Singapore's economic depression over the past decade is a symptom not the disease. More importantly, Singaporeans must be wide eye to know that the recession in 2020 is not caused by the COVID-19 disease. The COVID-19 disease merely hastened the coming of a recession in Singapore. If and when the COVID-19 disease become pandemic and caused a global recession, Singapore's recession in 2020 will become more severe.

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Netizen Compares Being Told Not Wearing Face Masks Now Is The Same As Generals Saying Don't Wear Helmet During Battle

Netizen Compares Being Told Not Wearing Face Masks Now Is The Same As Generals Saying Don't Wear Helmet During Battle

In the message, a netizen who called herself 'Mabelline Goh' compared the instructions of not wearing a mask as similar to a General instructing his men not to wear helmets, as they are going to get killed anyway, with or without a helmet.

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Industry Players Warns Of Looming Big Collapse Of F&B Businesses Unless Landlords Slash Their Rents

Industry Players Warns Of Looming Big Collapse Of F&B Businesses Unless Landlords Slash Their Rents

In the wake of the announcement made by the Restaurant Association of Singapore (RAS) that Jewel Changi has decided to offer a 50% rebate to all its F&B tenants due to to the Covid-19 outbreak in Singapore, industry experts also called on other landlords to follow suit. This, they said, was in expectation that F&B businesses will be hard hit by the virus outbreak.

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SBS Transit Posts Profits Of 1.5%, But Still Warns Of Rising Maintenance And Staff Cost

SBS Transit Posts Profits Of 1.5%, But Still Warns Of Rising Maintenance And Staff Cost

This from a company that only just recently had a 7% fare hike. Yet they still said they are dogged by the rising costs, especially from their operation of the rail business. Less we forget, the government also pumps in billions of dollars into the company's operation, to ensure a working transportation network in Singapore. And the company has in fact, been making profits every year.

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SAF Captain Charged In The Death Of NSF Dies Of Cancer, Weeks After Discharge Was Granted To Him

SAF Captain Charged In The Death Of NSF Dies Of Cancer, Weeks After Discharge Was Granted To Him

News of Tan's cancer diagnosis was first leaked to the press by the late SAF CFC Dave Lee's mum, who said she has forgiven Captain Tan for his role in her son's death, even saying that she felt sad for Captain Tan and his family. On 5th February, it was reported in the papers that the AGC had given Tan a discharge not amounting to an acquittal, which meant that the charges can be revived again at a later date

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PAP To Give SGreans "Strong Package" Against Virus Fallout In Budget 2020

PAP To Give SGreans "Strong Package" Against Virus Fallout In Budget 2020

Lawrence Wong is also the co-chairman of the multi-Ministry task-force on Covid- 19, thus he will have a direct view of how the virus is affecting Singapore's economy. As China's economy is one of the biggest in the world, the virus has almost ensured that supply chains have been disrupted due to China’s economic slowdown and this has caused a blow in the global economy, which will definitely affect Singapore.

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PSP Releases Their Economic Policy Proposal Ahead Of Budget 2020

PSP Releases Their Economic Policy Proposal Ahead Of Budget 2020

Among its economic policies were a "No To A GST Hike policy, as well as indicating that long term infrastructure projects in Singapore should no come at the expanse of an increase in taxes. PSP has said that they propose against raising any taxes or any other fees for the next five years, as Singapore has a strong financial standing to alleviate any costs to the citizens. PSP also said that long-term infrastructural projects, such as Changi Airport Terminal 5, should be based on the private firms' own financial and commercial merit, and not require tax increases to fund them.

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Cab Drivers And PHV Drivers Report Drop In Earnings, Any Help For Them?

Cab Drivers And PHV Drivers Report Drop In Earnings, Any Help For Them?

However, what is less spoken about is the impact that the virus has on taxi drivers and private hire drivers. With number of confirmed cases increasing, and cases of local transmission being confirmed, less and less people are going to expose themselves to unnecessary interaction with strangers. Thus, people would choose to stay home and indoors, rather than travel out. And even if they travel out, most would most likely arrange for their own transportation, with people they know and trust.

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WP Politician Questions Why AGC Does Not Need To Prove In Court A Statement Is False When POFMA Is Issued

WP Politician Questions Why AGC Does Not Need To Prove In Court A Statement Is False When POFMA Is Issued

This was AGC's response to a High Court judge's ruling that the Government must prove the falsity of a statement when its correction orders are challenged in Court. AGC insisted that the onus is on the party making the assertion to prove that the statements are true.

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MSM News Reports That PRCs Are Buying Masks In SG To Send Back To Their Home

MSM News Reports That PRCs Are Buying Masks In SG To Send Back To Their Home

A report on the government mouthpiece paper, The Straits Times, said that some Chinese nationals who are living in Singapore are buying masks to bring or send back to their hometowns in China, as apparently, there are shortages arising from the Wuhan virus there. The report, which came out about a week ago, seem more apt now that Singapore is facing 4 new cases where the virus was locally transmitted.

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