Last updated on 30 July 2020
(see the Q&A after the Free Consultations, important updates & other updates below.)
Important Note: This webpage was being hacked & turned BLANK on 1 May 2020 (5:50 SGT), 29 October 2019 morning, 3 November 2019 before 4am (SGT) & earlier (25 October 2018 & 25 January 2019). Please be assured that there will NEVER have data leak because we will never leave our Clients’ confidential data anywhere outside our FULL Control, your data will never be stored in any Websites, Cloud Services etc., but they are locked in a safe place where only the Directors have access.
We thank you for viewing our page but now it has become a popular hack target. We have investigated and deduced that it was done by “insiders” as the webpages could only be restored after we announced to the World using Social Media the name of the Hosting Supplier and filed a formal complaint! The Web Hosting Supplier is Vodien Group and the hosting services are managed by WEBSERVER.SG. We have renewed the Hosting Contracts with them earlier until 2021 & you see such things could happen to us! See the reply from Vodien. Want them to serve you?
We aren’t so foolish as to let the Hackers cause us damage but please take note of what interest you now before the next hack happens again! These hacks are found to be related to the coming Singapore General Election & the COVID-19 situation here, you can guess who the Masterminds behind these are and you should know what to do next! 8-)
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Free Lectures Part 3
This work is contributed by our Mr Emmanuel Goh, Er. Maria Goh & the Consultants in the Company.
Important updates are listed on top in red, all other updates are listed below including the newer ones. Thanks.
Status of COVID-19 in Singapore Daily updates!
Parliamentary Elections (COVID-19 Special Arrangements) Bill introduced on 7 April 2020.
See our latest defence work:
Please spread the News to help the innocent victims who commit no crime. Many Thanks.
Till this day, there is no apology from the Rulers and no compensation paid for damages inflicted.
(Updated on 24 January 2020)
4 May 2019:
Singapore Introduced: Protection from Online Falsehood and Manipulation Bill.
Sending You Peace, Love & Joy now!
Welcome to Singapore!
Singapore Introduced: Protection from Harassment (Amendment) Bill
Sending You Peace, Love & Joy now!
Welcome to Singapore!
(Updated on 1 May 2019, 15:50 (SGT))
We love All in Singapore & want you to be Happy Always!
MediShield Life Scheme Act 2015 (Paid Publication compiled by others in 2015)
#Singapore Passed: Income Tax (Amendment) Bill (we tweeted on 3 October 2018)
Original: Income Tax Act
Singapore: Films Act (current version as at 12 April 2019) (we tweeted in 2018)
Please note the important Sections 23, 34, 36 & 37 on related search, seize & arrest.
Singapore GST: Goods and Services Tax (Amendment) Act 2018 (GST) (we tweeted on 31 December 2018)
Other updates: updated on 30 July 2020.
Updates on 30 July 2020
The path of the economy will depend significantly on the course of the virus. The ongoing public health crisis will weigh heavily on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term. In light of these developments, the Committee decided to maintain the target range for the federal funds rate at 0 to 1/4 percent. The Committee expects to maintain this target range until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals.
…In determining the timing and size of future adjustments to the stance of monetary policy, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.
To support the flow of credit to households and businesses, over coming months the Federal Reserve will increase its holdings of Treasury securities and agency residential and commercial mortgage-backed securities at least at the current pace to sustain smooth market functioning, thereby fostering effective transmission of monetary policy to broader financial conditions. In addition, the Open Market Desk will continue to offer large-scale overnight and term repurchase agreement operations. The Committee will closely monitor developments and is prepared to adjust its plans as appropriate.
Updates on 21 May 2020
Minutes of the Federal Open Market Committee, April 28-29, 2020 (released on 20 May 2020, 2pm EDT)
At the conclusion of the discussion, the Committee voted to authorize and direct the Federal Reserve Bank of New York, until instructed otherwise, to execute transactions in the SOMA in accordance with the following domestic policy directive, for release at 2:00 p.m.:
"Effective April 30, 2020, the Federal Open Market Committee directs the Desk to:
•Undertake open market operations as necessary to maintain the federal funds rate in a target range of 0.00 to 0.25 percent.
•Increase the System Open Market Account holdings of Treasury securities, agency mortgage-backed securities (MBS), and agency commercial mortgage-backed securities (CMBS) in the amounts needed to support the smooth functioning of markets for these securities.
•Conduct term and overnight repurchase agreement operations to support effective policy implementation and the smooth functioning of short-term U.S. dollar funding markets.
•Conduct overnight reverse repurchase agreement operations at an offering rate of 0.00 percent and with a per-counterparty limit of $30 billion per day; the per-counterparty limit can be temporarily increased at the discretion of the Chair.
•Roll over at auction all principal payments from the Federal Reserve's holdings of Treasury securities and reinvest all principal payments from the Federal Reserve's holdings of agency debt and agency MBS in agency MBS and all principal payments from holdings of agency CMBS in agency CMBS.
•Engage in dollar roll and coupon swap transactions as necessary to facilitate settlement of the Federal Reserve's agency MBS transactions."
Updates on 17 July 2020
We will keep the key ECB interest rates unchanged. We expect them to remain at their present or lower levels until we have seen the inflation outlook robustly converge to a level sufficiently close to, but below, 2% within our projection horizon, and such convergence has been consistently reflected in underlying inflation dynamics.
We will continue our purchases under the pandemic emergency purchase programme (PEPP) with a total envelope of €1,350 billion. These purchases contribute to easing the overall monetary policy stance, thereby helping to offset the pandemic-related downward shift in the projected path of inflation. The purchases will continue to be conducted in a flexible manner over time, across asset classes and among jurisdictions. This allows us to effectively stave off risks to the smooth transmission of monetary policy. We will conduct net asset purchases under the PEPP until at least the end of June 2021 and, in any case, until the Governing Council judges that the coronavirus crisis phase is over. We will reinvest the principal payments from maturing securities purchased under the PEPP until at least the end of 2022. In any case, the future roll-off of the PEPP portfolio will be managed to avoid interference with the appropriate monetary policy stance.
Net purchases under our asset purchase programme (APP) will continue at a monthly pace of €20 billion, together with the purchases under the additional €120 billion temporary envelope until the end of the year. We continue to expect monthly net asset purchases under the APP to run for as long as necessary to reinforce the accommodative impact of our policy rates, and to end shortly before we start raising the key ECB interest rates. We intend to continue reinvesting, in full, the principal payments from maturing securities purchased under the APP for an extended period of time past the date when we start raising the key ECB interest rates, and in any case for as long as necessary to maintain favourable liquidity conditions and an ample degree of monetary accommodation.
We will also continue to provide ample liquidity through our refinancing operations. In particular, the latest operation in the third series of targeted longer-term refinancing operations (TLTRO III) has registered a very high take-up of funds, supporting bank lending to firms and households.
Updates on 10 April 2019
All our Free Lectures listed in our Twitter Account from 25 March 2015 to that recently were wiped out completely without prior notice– that’s surprising, although we did not violate any Twitter Rules.
With effect from today, we will not publish our Lectures in Twitter any further. We are starting all over again quickly!