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Government devalue SingDollar, and why it is bad news

According to the Monetary Authority of Singapore (MAS), the Singapore dollar will not be allowed to rise in what it calls a "zero appreciation" stance. The news confound most Singaporeans and nobody bothered to give a second look, and there is no article in Singapore explaining the significance of devaluing SingDollar. Clearly, this episode again proved that keeping Singaporeans stupid...

Singapore sees third death, infected continue surge to 844

Barely a day after Prime Minister Lee Hsien Loong declared "situation under control", Singapore saw the coronavirus claim the third death yesterday. The number of infected continued to surge, with 42 new cases reported, bringing the total to 844. A 70-year-old Singaporean was infected from unknown local transmission in Singapore. Chung Ah Lay visited the GP doctors three times before...

Coronavirus Budget drawn from CPF accounts, massive taxes coming

In the past twenty years, the Singapore government reported a total Budget surplus of S$17 billion. Sacrificing all the decades of surplus however would still leave a S$39.2 billion deficit for this year's budget after the Coronavirus Budget, according to Finance Minister Heng Swee Keat. The millionaire minister kept his mouth shut where the money actually come from, except a...

Lee Hsien Loong: Situation under control, increase cases are just “a bit”

In his state media address, corrupted dictator Prime Minister Lee Hsien Loong criticised other countries and claimed the situation in Singapore is "under control": "Countries near and far are in lockdown or worsening situations, and that in Singapore, we are sitting watching our dyke. I am trying to keep ourselves safe and preventing any of this from coming in, and...

Lee Hsien Loong: School are open to help the poor

In a state media interview, dictator Prime Minister Lee Hsien Loong defended his decision not to close schools by claiming he is doing it to help the poor: "If schools are closed, children from lower-income families would bear the heavier burden of the tighter restrictions." The world's richest politician claimed children would hang out in public and contract the virus, as...

732 cases in Singapore, SingPost mailman infected

The Ministry of Health reported another 49 new cases in Singapore, bringing the total to 732 past the seven hundredth mark. A new cluster of 3 infected was formed at the SingPost Centre in Eunos. An infected contractor was working, while sick, at SingPost on March 19, after contracting the virus in public. The government was unable to find the...

Singapore Airlines seeking further S$15 billion debt to avoid bankruptcy

Facing S$6.67 billion of debt due this month end, Singapore's national carrier Singapore Airlines (SIA) is desperate to raise S$15 billion more debt by issuing shares. In 2018, the Temasek Holdings-owned airline was sitting on S$3.13 billion of debt. A year later in 2019 March, the debt doubled to S$6.67 billion. Today SIA is seeking to increase this debt further...

Lee Hsien Loong: Time to have election before it gets worse

Barely a day after his PAP government announced a S$48 billion deficit spending, Prime Minister Lee Hsien Loong told state media reporters that it is time to call for an election: "The ideal situation is that things will settle within the next six months, and then an election can be held. But nobody can say - it may well get...

NTUC supermarkets imposing more limits due to goods shortage

Government-owned supermarket, NTUC, has imposed new purchase limits on more goods due to severe shortage. Paper products like tissue paper and toilet paper are now limited to two packs, alongside restrictions for canned food, cooking oil and frozen poultry: New purchase restrictions: Paper products - 2 Canned food - 6 Cooking oil - 5 litres Frozen poultry - S$30 Eggs - 30 Vegetables - S$30 Instant noodles...

S$48.4 billion attempt to save collapsed Singapore economy

Deputy Prime Minister Heng Swee Keat announced that his government will be spending S$48.4 billion to save the collapsed Singapore economy, triggered by the coronavirus outbreak. The huge spending will be concurrently used as an election carrot for the May General Election, with most financial assistance lasting only 3 months until July. The breakdown is as follow: 1) "Enhanced Jobs Support...

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Singapore measures useless, confirmed cases surge to 106

After sending the country into a lockdown, the coronavirus continue to spread in Singapore community with 106 cases newly reported. Unlinked cases jumped to...

Singapore economy suffer permanent damage after lockdown

First, let's all use the right term: Singapore is now in a lockdown, not a "circuit breaker". (Lee Hsien Loong's English has always been...

Minister Josephine Teo: Employers at fault for dirty foreign worker dormitories

In response to States Times Review's reports on filthy living conditions at foreign worker dormitories, Manpower Minister Josephine Teo pushed the blame to local...