Janice Heng

ComCare Interim Assistance will also be enhanced for lower-income households

The package includes higher government risk-sharing for loans, a one-off SME cash grant and rental support for stalls

The latest Cabinet reshuffle also indicates PM Lawrence Wong’s willingness to test first-term officeholders

Clear explanations can help reduce the uncertainty and resentment that often accompany retrenchment exercises

The risk could now lie in assuming that it will be mostly plain sailing ahead

Inflation due to the Iran war might now be less of a factor than surprisingly robust expansion

The end of optimism in a post-common-sense era of geopolitics

Risks are greater for small open economies, with energy prices affecting costs and wages more quickly, he says

By keeping high-value functions here and moving production out, local manufacturers are doing just what the Economic Strategy Review proposes

Under certain proposals, companies need to know when to wind up, and some workers may need to accept lower pay