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Archive for the ‘Economy’ Category
The Transitive Property and the Problem of Singapore Finances

The Transitive Property and the Problem of Singapore Finances

Dr Christopher Balding The transitive property in the study of logic defines how truths relate to each other. The simplest example is if A = B and B = C then by definition A must equal C. Taking a simple example, let’s assume that my friend tells me all cars are blue and that he has a car. By extension I can know that my... 

Foreigners to pay higher tax for Johor property

Foreigners to pay higher tax for Johor property

Approximately 130,000 foreigners who own properties in Johor will have to pay a new tax rate which varies from that for locals, reported Bernama. It is believed that more than 90 percent of these owners are from Singapore. The move aims to boost the earnings of local authorities and improve the services to residents, said Johor... 

Oh No: Not negative real wage growth again?

Oh No: Not negative real wage growth again?

Leong Sze Hian I refer to the article  “Real wages declined by 0.4% in 2012” (Today, Jun 5). 0.4% negative real wage growth? It states that “Reflecting the weaker economic conditions last year, total wages (including employer CPF contributions) in the private sector rose by 4.2 per cent, lower than the growth of 6.1 per... 



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