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Morning Digest, Aug 17

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PM Lee urges against spending reserves, says they should be considered ‘rainy day money’


Photo: YT screengrab/CNA

SINGAPORE: Just two days after the head of DBS Bank suggested that Singapore can reimagine what can be done with its sizable reserves, including more social welfare spending and/or investing in the region, Prime Minister Lee Hsien Loong issued a word of caution about spending those very same reserves.

“Singapore Reserves Revealed – PM Lee Reveals The Inside Story Of The Reserves,” a video series on CNA, was launched on Wednesday (Aug 16).

Read more here…


‘This place does not deserve 1.8 stars’ — TikToker says after tasting $16 fried rice at the ‘worst-rated restaurant’ in Singapore


Photo: TikTok screengrab/drigmo

SINGAPORE: In a country of people unafraid to give their opinions on food, one TikTok user bravely set out to try Singapore’s “worst-rated restaurant” but came away saying he would add it to his favourites.

TikTok user @drigmo went over to the Forum Seafood Village Restaurant at Boat Quay to sample the dishes that have earned the eatery an average of 1.8 stars on Google. Trip Advisor and sethlui.com have also been less than friendly.

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Tharman draws attention to climate change, calls it Singapore’s biggest challenge


SINGAPORE: When asked recently, presidential aspirant Tharman Shanmugaratnam identified climate change as the biggest challenge is climate change.

Earlier this week, in an Aug 15 article published in The Straits Times, Mr Tharman called climate change the “biggest long-term crisis” the country faces, adding that adapting to the phenomena means infrastructural investments.

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‘I just feel worse with each passing day’ says NUS biz grad who’s been job hunting since January


Photo: Freepik (for illustration purposes only)

SINGAPORE: A fresh graduate took to Reddit to crowdsource ideas for job hunting, saying he’s been looking for employment since the beginning of the year and is starting to feel hopeless.

u/Ill-Cry-825 wrote on r/askSingapore on Monday (Aug 14) that he graduated from NUS Business School last May. His credentials are pretty good: “I was a marketing & ops student, and I’ve done 3 marketing internships. I have leadership experience and I’ve taken various certs/courses.”

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Shanmugam shuts down rumours of an affair with fellow MP, says someone impersonating his ex-wife also put up a “nasty, false post”


Photo: YouTube screengrab / K Shanmugam

SINGAPORE: K Shanmugam was quick to shut down circulating rumours on Wednesday (Aug 16) night after an old blog post was shared claiming that he had an affair with fellow PAP MP.

Mr Shanmugam also said there was another post allegedly by his ex-wife Jothie Rajah, which was also false.

Read more here…

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