The S$1.33 billion Singapore Sports Hub
Come december, a chapter will close on the Public Private Partnership (PPP) for the S$1.33 billion Singapore Sports Hub (SSH). SSH was officially opened in 2015 and under the PPP arrangements, a private sector consortium would finance, build, operate and then transfer SSH to the pap government after 21 years but yesterday's...
More money going into our national coffers
COE breaching $100,000 can be a good thing- page B2, Christopher Tan (CT), senior transport correspondent, 10 June 22, Straits Times. In a nutshell, what CT is saying is that $100,000 means the rich are contributing more to Singapore's tax coffers, which is a good thing. I agree with him but only to a small extend. Let me explain. The...
US should not YaYa Papaya
What will happen if China weaponized its holding of US Treasury Bonds by massive selling off? Price of US Treasury Bonds will drop and it will trigger the arbitrage mechanism and interest rates in US will be forced to rise. It will hurt the US Economy especially during an uncertain crisis situation. In order to counter that,...
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