
Covid19 – When Singapore is Code Red
The govt has just announced that it would not hastily move the country to Code Red status given the strong negative impact of Code Orange that is already hurting the country. No one would want Singapore to end up with Code Red as the consequences are grave, very grave. If you want to know what Code Red means, just look at what...

So much hassle to use DBS Remit
I wanted to send some money to a manufacturer in China through DBS Remit. I have to create an payee by providing the bank code (CNAP number) and account number. I have to enter the full name of the recipient in English and in Chinese, the NRIC of the recipient and the full address. I do not have the ability to type the name...

Wuhan virus: Look on the bright side
So DBS, our biggest bank, has lowered its 2020 GDP growth forecast for Singapore by 28% from 1.4% previously to 0.9% because of a drop of 1m tourist arrivals for every three months Singapore’s travel ban on Chinese passport holders continues. (Related post: S$ tanks as GDP forecasts slashed) Wuhan virus: Why investors are...
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