Warning signs for economy and race relations
IN ANOTHER sign that the global economy is worsening, Singapore’s non-oil domestic exports fell by 10.6 per cent last month from a year earlier, surprising analysts who predicted a much smaller decline.
DBS economist told The Straits Times yesterday (Aug 17): “The writing is on the wall.” If you’re still hopeful things will turn around soon, “this should be a wake-up call,” he said.
Speaking of wake-up calls, dozens of people fled their work stations mid-day at the CK Building after a fire quickly turned into an inferno that took firefighters hours to put out.
The six-storey building in Tampines St 92, which is used as a warehouse for the department store, myCK, could be structurally affected, said the Singapore Civil Defence Force (SCDF), who added the cause of the fire and where it started were still being investigated.
No one was injured – though, one firefighter was hospitalised for heat exhaustion.
After six months since it was tasked to look into the Elected Presidency, the Constitution Commission yesterday submitted its report to the Prime Minister, who said he would be talking about it this Sunday during the annual National Day Rally.
Any legislative changes will be made this year ahead of the Presidential Election, which must be held by August next year.
Expect to hear the PM speak on the eligibility criteria to stand for election and whether candidates from minority races have a “fair and adequate opportunity” to be elected. You can read some of the stories we’ve written about the subject here:
- Elected President: Make rules tighter or go back to old system?
- Gag the politicians, not the presidential candidates
- Taking the politicking out of the presidential election
The race of the president was also part of a survey on race relations conducted by the Institute of Policy Studies between June and July this year.
In choosing the country’s president and prime minister, there was a clear racial preference towards people of the same race, the survey found. Respondents of all races were agreeable to a Singaporean-Chinese president, compared to a smaller number who said they were okay with a Singaporean-Malay president or Singaporean-Indian president.
This bias was also true when it came to familial and inter-personal relationships.
You can see more of the findings in the TODAY report here. The full survey results has not yet been released.
Featured image from TMG file.
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