How to live with high inflation
I will make a statement that will not be well received by most people. The world is facing high inflation. Singapore is also facing high inflation. The high inflation rates will be the worse in five decades, since the oil shock of 1973. Most people consider the inflation and high prices to be "doomsday". However, I do not see...
We should be very worried
Last month, a Chinese national bought 20 units at CanningHill Piers for $87.6m. The buyer is also considering another 10 units, which will bring the total price to more than $100m. And then in April last year, Taiwan's Tsai family, which is behind snack food giant Want Want China Holdings, bought all 20 units of the freehold...
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...
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