Let's Talk, Singapore

Barnabas Gan, Economist, UOB looks at the unprecedented simultaneous moves taken by Singapore's central bank - to both set its policy stance at zero percent, as well as re-centre downwards its policy band. This brings policy back to GFC-settings. 

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Straits Time US Bureau Chief, Nirmal Ghosh analyses the US's $2.2 trillion stimulus package, to help offset the challenges businesses and workers face in the COVID-19 situation, Trump's order for the General Motors to make ventilators for coronavirus patients after attacking the car giant's chief executive and more.

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In last week's Resilience Budget it was announced that owners of qualifying commercial properties that have been badly affected by the coronavirus outbreak will not need to pay property tax for 2020. Desmond Sim, Head of Research, South East Asia, CBRE analyzes the COVID-19 impact so far, and where the bright spots are.

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Roadbull was placed 7th on a list of fastest-growing firms in Singapore, according to a study by global research company Statista and The Straits Times. And one of the reasons why Roadbull made it to the list was because of the firm’s efforts to digitalise and innovate. Alwin Liang, Co-founder & CEO, Roadbull shares about Roadbull’s experience in their road to digitalisation and why it is important for businesses in Singapore to do so as well. 

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Asian Insider Ep 30: Has China Won? The US-China rivalry revs up

18:23 mins

Synopsis: This is Asian Insider, a series by The Straits Times every week. Together with our stable of 30 correspondents based around the world, we give an Asian perspective on the global talking points of the week.

The Straits Times US bureau chief Nirmal Ghosh discusses Has China Won - a new book on US-China relations by Professor Kishore Mahbubani, a former Singapore ambassador to the United Nations, who is now a Distinguished Fellow at the Asia Research Institute, National University of Singapore.

His other guest is Dr Satu Limaye, who is the vice-president and director of the East West Center in Washington where he created and now directs the Asia Matters for America initiative.

Produced by: Nirmal Ghosh & Zia-ul Raushan

Edited by: Chong Lii

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Vishnu Varathan, Head, Economics & Strategy, Mizuho Bank looks at whether Singapore's Resilience Budget will be enough to stave off a recession.

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Many businesses in Singapore no matter which sector has been hit hard by COVID-19 pandemic. Things took a turn when the Singapore government announced the closure of bars, cinemas and all other entertainment outlets from last night till April 30. Tan Wee Han, CEO and Owner, Brewerkz talks about how the Singapore government's first stimulus package have helped businesses in Singapore especially in the F&B sector and how the Resilience Budget will help even more. 

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Addressing immediate challenges, the Resilience Budget will tackle the 3 Cs on business owners’ minds – cash flow, cost, and credit, in addition to offering help to specific sectors affected by COVID-19. Ho Meng Kit, CEO, Singapore Business Federation talks to The Breakfast Huddle about how these initiatives by the Singapore government to its people and businesses would help the nation in these crucial times. 

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Carmen Lee, Head of Investment Research, OCBC Bank shares which quality stocks are worth looking at amid the sell off and the market outlook as more companies issuing profit warnings for the coming quarters.

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Jeff Ng, Senior Treasury Strategist, HL Bank, shares what dragged down Q1 GDP's contraction of 2.2%, double his own estimates. And his view on Singapore downgrading its full year growth outlook to a range of -4 to -1%.

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