Do you think high bank charges are indeed obstacles to going cashless in Singapore? Now that the PM is encouraging us to do so, do we have to pay more again if the banks want to continue earning high margins? Can the MAS do something about this?
Historian Thum Pingtjin disagreed with Minister Lawrence Wong for saying that Singapore has never failed in restructuring its economy. He said such a statement shows our politicians' ignorance about the nation's history and policymaking as the "PAP has failed more times at restructuring the economy than it has succeeded".