It has been five weeks since the country was under Phase 2 Heightened Alert. Drawing from the experience of last year’s circuit breaker, we have established a routine at home. The kids are thrilled to be on home-based learning. Growing children are always hungry. With no dining out, every day I will prepare home-cooked meals for lunch and dinner. In between, we make some … [Read more...]
How to save air travel, retail and Reit
How much bad news can we take in one week? Singapore’s unemployment rate hit 2.9 percent in the second quarter. Under the prolonged Covid-19 pandemic, we still manage to maintain low unemployment. Thanks to the government’s more than $15 billion payout under the Job Support Scheme. It is also because our unemployment rate excludes the unemployed non-residents, the … [Read more...]
Seeing the impact of coronavirus on retailers in one day
Singapore moved up coronavirus outbreak alert to orange in the late afternoon last Friday. The next day I went for my routine trip to the wet market after my morning jog. It was crowded with people stocking up on food, especially frozen meat. Their market trolleys had completely blocked the entrance. I had no choice but diverted to the nearby NTUC Finest. The shelves … [Read more...]