Minimum Wage – The Good, the Bad and the Truth
By Damon Yeo The Bad about Minimum Wage The term “minimum wage” can almost be labelled as “dirty” in Singapore. For a long time, the government had insisted that having a minimum wage in place could do more harm than good. In a recent Straits Times report, MM Lee had noted that every country that has set a minimum wage...
Interview with Dr Lim Hock Siew and Dr Poh Soo Kai, contributors to the book “The Fajar Generation”
By Amanda Lian After the official book launch of “The Fajar Generation”, Temasek Review managed to snatch some personal time with Dr. Lim Hock Siew (LHS) and Dr. Poh Soo Kai (PSK). During this time, we managed to get some books autographed by them while at the same point, ask them a few questions. TR: Thanks for taking time...
HDB’s $2 billion dollar deficit – More Questions than Answers
By Damon Yeo, Business Correspondent HDB’s latest financial report reviewed that the Statutory Board had made a $2bn deficit for the financial year running from 1 April 2008 to 31 March 2009. The deficit had doubled since the previous period. To fully understand the numbers behind HDB’s financial year, one must first understand...
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