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Singapore Economic News

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tanjm Offline
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#351
14-06-2020, 04:52 PM
Ahem. Use of digital payments makes it less likely for the hawker to escape the tax man.
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Wildreamz Offline
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#352
14-06-2020, 05:22 PM (This post was last modified: 14-06-2020, 07:41 PM by Wildreamz.)
(14-06-2020, 04:52 PM)tanjm Wrote: Ahem. Use of digital payments makes it less likely for the hawker to escape the tax man.

Is that a good thing or bad thing?


I had good experience with PayNow recently. This is a proxy of the uptake rate in Singapore:

[Image: imusCBS.png]

I would use it over cheque or direct cash transfer any day. Due to traceability to UEN/NRIC/etc.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger
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RachelProp Offline
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#353
15-06-2020, 07:49 AM
Singapore to push ahead with megaprojects but schedules to pace according to demand

https://www.theedgesingapore.com/news/co...ing-demand

[Image: Chan%20Chun%20Sing.JPG]
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RachelProp Offline
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#354
16-06-2020, 08:43 AM
Travellers to Singapore to pick up the tab for Covid-19 test and stay home notice

https://www.theedgesingapore.com/news/tr...ome-notice

[Image: Airport.jpg]
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gzbkel Offline
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#355
24-06-2020, 03:22 PM
DBS CEO Piyush Gupta warns of correction as financial markets disconnect from real economy and IMF prepares to downgrade views

https://www.scmp.com/business/banking-fi...al-markets
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RachelProp Offline
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#356
25-06-2020, 08:04 AM
Singtel, M1, and Starhub granted final 5G network licence from IMDA

https://www.theedgesingapore.com/news/te...rumposting

[Image: SG%20skyline_9_0_0.jpg]
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RachelProp Offline
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#357
29-06-2020, 09:33 AM
Dice to resume rolling at Singapore casinos on July 1

https://www.theedgesingapore.com/news/co...rumposting

[Image: GENS%201_0_0_0.jpg]
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RachelProp Offline
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#358
30-06-2020, 08:07 AM
IHH Healthcare reports loss of RM319.8 mil for 1Q20

https://www.theedgesingapore.com/capital...rumposting

[Image: ihh%20healthcare%20%281%29%20%281%29_0.jpg]
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RachelProp Offline
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#359
01-07-2020, 08:20 AM
Singapore's bank lending continues decline as bank and consumer loans take a hit from 'circuit breaker' measures

https://www.theedgesingapore.com/capital...rumposting

[Image: spore_banks_0_0.jpg]
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RachelProp Offline
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#360
02-07-2020, 08:50 AM
AGV under CAD and MAS probe

https://www.theedgesingapore.com/news/ma...rumposting

[Image: agv.JPG]
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