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Singapore set to relax COVID restrictions, gradually

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Singapore is getting set to ease coronavirus restrictions, as cases within the nation fall

Singapore’s government said it will start easing COVID-19 related restrictions as the number of daily infections continues to decline.

The Southeast Asian country last month tightened rules including social distancing, to curb a rise in locally transmitted COVID-19 infections.

Those measures, included no dining-in at cafes and restaurants and smaller social gatherings.

Starting Monday, Singapore will allow social gatherings of five people — an increase from the current two-person limit.

The government confirmed limits on events and operating capacity at venues such as public libraries will also be relaxed.

“We will have to learn to live with the virus and then try our best to minimise transmission”

Singapore’s finance minister said.

There will be further easing of restrictions from June 21.

Activities such as dine-in as well as some mask-off activities at gyms and fitness studios will be allowed to resume with some social-distancing measures in place.

However, work from home will remain the default for those who can do so, said the government.

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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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