Saturday, June 6, 2020

Friday, June 5, 2020

Singapore bank deposits jump as Hong Kong, COVID-19 sow uncertainty

05 Jun 2020

SINGAPORE: A record jump in money flowing into Singapore bank accounts from abroad underlines the country's safe haven appeal during the COVID-19 pandemic and political uncertainty in rival financial centre Hong Kong, analysts say.

Singapore fiercely competes with Hong Kong as Asia's premier wealth centre and generally attracts capital flows during regional turmoil due to its political stability and AAA credit rating.
Deposits from non-residents into Singapore's banks jumped 44 per cent to a record S$62.14 billion (US$44.37 billion) in April from a year earlier, marking the fourth straight monthly rise, central bank data showed.

Deposits have risen in all but one month over the past year, a period marked by escalating political unrest in Hong Kong, a Sino-US trade row and the outbreak of the coronavirus pandemic.

Commentary: Could Donald Trump not run for re-election?

With riots in the streets and the COVID-19 death toll rising, Trump doubles down on his 2016 anti-establishment strategy. But the odds are stacked against him, say Steven R Okun and Thurgood Marshall Jr.
By Steven R Okun

By Thurgood Marshall Jr

05 Jun 2020

SINGAPORE: Five months from election day, Donald Trump faces possibly the most daunting challenge ever for a sitting US president running for re-election.

A collapsing economy. Over 100,000 COVID-19 deaths. Riots across the country.

A disapproval rating higher at this stage in a presidency than that of any of his post-World War II predecessors.

Donald Trump had a very narrow path to victory in 2016, but he successfully “threaded the needle” in the electoral college against a historically unpopular opponent while losing the overall vote by nearly 3 million.

There is no chance he wins a majority of the vote this time. In big blue states like California and New York, he could lose by better than two to one. A realistic loss in the popular vote could be by 4 to 5 million votes.

[That was also the conventional wisdom in 2016...]

‘Foreign interference’ in Hong Kong: Understanding China’s own history of doing so

By Dylan M H Loh & Chen Hao

15 November, 2019

A common refrain from Beijing on the ongoing protests, demonstrations and marches regarding the proposed Extradition Bill that have rocked Hong Kong since March 2019 is the claim that “external forces” are driving the protests.

The “black hands” of foreign Western interference, it is purported, are supplying the knowledge, resources and finance to sustain the movement.

Indeed, the passing of the Hong Kong Human Rights and Democracy Act by the United States’ House of Representatives on Oct 15 certainly gives the mainland government more fodder for this view.

The veracity of these allegations aside, we point to the often-elided historical antecedents of the Chinese Communist Party (CCP) in Hong Kong to understand the frequent references to “foreign interference” in the former British colony: The CCP’s own interventions in British Hong Kong.

Wednesday, June 3, 2020

Why in a cheap food paradise, some Singaporeans are still going hungry

16 Feb 2020

A cleaner unable to work, a family with a 4-room flat, a single dad in debt – those experiencing food insecurity are more diverse than you think. Here’s what they’re going through, in the first of a 2-part special report.

By Goh Chiew Tong

By Christy Yip

By Corine Tiah

The Food Expiration Dates You Should Actually Follow

The first thing you should know? The dates, as we know them, have nothing to do with safety. J. Kenji López-Alt explains.

Credit...Jonathan Carlson

By J. Kenji López-Alt

April 14, 2020

With most of us quarantined in our homes, chances are you’ve been reacquainting yourself with the forgotten spices and fusty beans from the depths of your pantry. But how fusty is too fusty? When is the right time to throw something out? And what about fresh ingredients? If I’m trying to keep supermarket trips to a minimum, how long can my eggs, dairy and produce keep?

Here’s the first thing you should know: Expiration dates are not expiration dates.

3 reasons why Singapore is the smartest city in the world

14 Nov 2019

Sharmishta Sivaramakrishnan
Community Specialist, 
Young Global Leaders - Asia, World Economic Forum Geneva

It’s official: Singapore is the world’s smartest city. That’s according to a new survey Published by Swiss business school IMD and the Singapore University of Technology and Design - the IMD Smart Cities Index - which looked at how well cities are adopting digital technologies and improving the lives of the people who live there.

What is a smart city?