13 July 2020
Stefanie Yuen Thio commented in BT: “A twist, but businesses still see stability, continuity after GE2020
Features Stefanie Yuen Thio
TSMP Law Corporation joint managing partner Stefanie Yuen Thio was quoted in a Business Times article published on 13 July 2020 on how the GE2020’s results could affect business.
She argued that the election result could burnish Singapore’s reputation.
“In the short term there may be a knee-jerk reaction in the markets because a dip in support at the polls for the incumbent usually results in a fall in markets,” she said. “Overall though, this GE has shown that our electorate is as forward-thinking as our markets.”
Drawing a parallel with investors who “have been clamouring for more checks and balance in the boardroom”, she added: “A Singapore Parliament that has more diverse views and a more inclusive government is a net plus on the whole.”
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