UBS study: Comparing Singapore in 2006 and 2010
The PAP's slogan for the last general election is 'Staying together, Moving ahead'. More than four years later, has it fulfilled its electoral pledges to Singaporeans? In his New Year day message, Prime Minister Lee Hsien Loong proclaimed to Singaporeans that the Singapore economy has grown by 14.7 percent last year, but have...
Singapore cannot rely on foreign economy forever
Singapore is one country that transformed itself from a developing to an industrialised one through reliance of the foreign economy. It depended on the inflow of foreign direct investments and the export of goods. This model has not changed over the last 50 years of Singapore history. During the last global financial crisis,...
Why I think Inflation going to get more problematic
The latest CPI report shows a rise of 3.8% in Nov 2011[Link] the highest in the past few years. This is after a rise of 3.6% in Oct 2011. "While the usual suspects continued to drive inflation in November—including transport, housing and food costs—it should be noted that all major segments within the CPI basket are seeing...
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