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TR EMERITUS

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Archive for the ‘Economy’ Category

Another Blow to PAP’s Attempts to Game the System

Trump tweeted: The WTO is BROKEN when the world’s RICHEST countries claim to be developing countries to avoid WTO rules and get special treatment. NO more!!! Today I directed the U.S. Trade Representative to take action so that countries stop CHEATING the system at the expense of the USA! — Donald J. Trump (@realDonaldTrump)...

Singapore’s $1 trillion reserves may be fake news

Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →

No ‘Get Out of Jail Free’ cards this time round

Coming right after the awful GDP figures for the second quarter (see Hey Lee Hsien Loong Dude, What’s the Plan?), the trade figures announced by Enterprise Singapore on 17 July were equally, if not more, shocking. Non-oil domestic exports (NODX) fell by 17.3% year-on-year in June, an acceleration from the 16.3% decline in...

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