Singapore 

7 things you probably didn’t know about your EZ-Link card, Singapore News

EZ-Link is just like GST. We don’t know how it works exactly, but it’s always there, slowly but surely sucking away our hard-earned money in small, painless increments. It’s time to change that. … Uh, sorry, I didn’t mean the part about being leeched. I meant the part about knowing how EZ-Link works. Being aware of the… unique intricacies of EZ-Link can not only enrich your daily public transport commute, but also potentially help you save a bit of time and/or money. Are you ready? Let’s dive into the world…

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China 

It’s what they didn’t say – phrases dropped from ‘two sessions’ point to easing of China’s property curbs, according to analysts

President Xi Jinping famously declared in 2017 that “houses are for living in, not for speculation”. The phrase immediately made its way into all official property policy, underpinning measures aimed at reining in China’s runaway house prices.Fast forward to 2019 and things have changed.Xi’s mantra was notably missing from a closely-watched economic report at this year’s legislative meetings in Beijing, as was any mention of a government pledge “to curb the rise of home prices”, first… Source link

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Property 

It’s what they didn’t say – phrases dropped from Two Sessions point to easing of China’s property curbs, according to analysts

President Xi Jinping famously declared in 2017 that “houses are for living in, not for speculation”. The phrase immediately made its way into all official property policy, underpinning measures aimed at reining in China’s runaway house prices.Fast forward to 2019 and things have changed.Xi’s mantra was notably missing from a closely-watched economic report at this year’s legislative meetings in Beijing, as was any mention of a government pledge “to curb the rise of home prices”, first… Source link

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Home 

Remember that ‘Chinese boycott’ of Canada Goose down jackets because of Meng Wanzhou? Revenue numbers show it didn’t happen, with sales rising, and forecasts up

Canada Goose Holdings Inc boosted its annual forecast for the second time in six months, signalling its premium down parkas remain popular with Chinese shoppers amid a diplomatic spat between China and Canada and calls for a boycott of the brand. Based on the “strength” of the nine months ended on December 31, Canada Goose said revenue would rise in the mid-to-high 30s on a percentage basis, compared with a November forecast of at least 30 per cent. Last quarter, sales climbed 50 per cent to C$399.3 million (US$301 million),…

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Singapore 

Go-jek driver in viral video says he didn’t ask for donations, warns people about being cheated, Singapore News

[Update Feb 7, 2019] The petition on Change.org, titled Save Abang Driver Go-Jek Singapore, has been edited to reflect that the petition starters are “only (collecting) signatures, not funds.” “This is not a monetary donation move, but an appeal to LTA to not revoke Abang (brother in Malay)’s PDVL (Private Hire Car Driver’s Vocational License).” “If you have donated any amount please revert to Change.org,” they added. Explaining their purpose behind this petition, the petition starters stressed that “this is not any scam,” but an initiative to appeal for the Go-jek driver embroiled…

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Singapore 

23 Car Parks in Singapore You Didn’t Know Had Free Parking, Singapore News

If I had to nominate one cliche that rings all-too-true in Singapore, it would be “there’s no such thing as a free lunch”. Every year, more and more of our favourite car parks decide to stop offering free parking. But we’d like to reassure you that there are still some places where parking is free-for now. Mustafa Centre First hour free daily, $2 per subsequent hour or part thereof. Photo: The Straits Times Not only does Mustafa Centre offer cheap groceries and some of the best money changing rates in…

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Singapore 

17-year-old boy arrested for drink-driving after hitting railing and tree, didn’t have licence, Singapore News

A 17-year-old boy was arrested for drink-driving after he got into an accident along Teck Whye Avenue, towards Choa Chu Kang Road, in the wee hours of Wednesday (Dec 19). He had crashed his car into a railing and then hit a tree. Stomp contributor Raj witnessed the accident and contributed a video of the aftermath to Stomp. He also called the police. In response to a Stomp query, the police said they were alerted to the accident at 1.08am and arrested the teenager for drink-driving. Stomp understands that the…

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Home 

Asian economies didn’t do too badly in 2018, and Asian assets may be a good bet in 2019

This year has been challenging for Asian markets as investors abandoned risky assets amid a strong rebound in the US dollar, rising concerns about growth in China, and escalating trade tensions between the world’s two largest economies. Sharp sell-offs have swept through markets, causing carnage across equities, credits and currencies. While the region as a whole has outperformed other emerging markets, some countries – with vulnerable external positions, including current account deficits and large external debts – have been hit hard. In the case of Indonesia and India, the sharp…

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