Singapore can’t delay GE forever even amid virus outbreak
A big question is whether the next general election will be held this year. In view of the Covid-19 pandemic, many political parties have voiced their concerns about having the elections this year. But what if Covid-19 does not go away until 2023? That would be more than seven years since the last general election. The elections...
Get businesses to contribute to contingency fund for future crises
Despite our sound macroeconomic foundation, Singapore’s highly open economy is acutely vulnerable to contagion effects of global and regional economic crises. Ever since Independence, businesses in Singapore have relied on government fiscal policy interventions to tide them over when crises hit. The more serious the crisis...
Cultivate new mindset to face future crises
It is time for us to take the flu or the common cold seriously. If we wake up with a cough or runny nose, we often will just pop a Panadol and carry on going to work or going to school. How many of us actually see a doctor, diligently take our medicine and rest at home? With our Singapore mindset, getting to school and getting...
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