Is our government legally obligated to provide Job Support Scheme (JSS) payouts to foreign MNCs?
Our government has signed many so-called Free Trade Agreements (FTA) with many countries. A main part of these FTAs is a provision called “national treatment”. Basically, it means that the government is obligated to treat foreign companies as how it would treat local companies so that there is fair competition. For example,...
This is how a free market should work
Bravo to SPC! This is the second time it has resisted industry-wide increase in pump prices. As a result of its resistance, the other companies have back-tracked and reduced prices. This is how a free market should work. However, companies in industries that have few competitors and where the product is identical - petrol, telecommunications,...
Highly mileading claims by dormitories operator
The rate of return of 6.57% from it’s worker’s dorm business, as claimed by Centurion Corp, is highly misleading - it gives the impression that the operation in Singapore is only earning normal profits, when in fact, it is earning super-normal profits. The bulk of Centurion Corp’s revenue comes from the worker’s dorm...
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