Import of electronics to Singapore and rest of Asean
The 2017 GDP growth of 3.5% was dismissed by anti-PAP types (nutty and sane) saying it’s mainly due to electronics which doesn’t employ many S’poreans because it’s a capital intensive industry. And it gave them the opportunity to diss the focus on GDP growth. True but it’s mainstay of the our economic growth, despite...
Why Singapore’s fintech ambitions won’t go far
Too much wishful thinking combined with motherhood BS from the authorities. The head of Singapore’s central bank said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the digital money. [ LINK ] And Menon added that he would not rule out the...
What is producivity? Why low productivity?
The PAP administration KPKBing that low productivity means wages cannot rise (Btw, skip to the end if u want to read something that disses the PAP administration). And low productivity is a global probem, not unique to S’pore. But what is productivity? Until 10 years ago, productivity was the motor that drove economic growth....
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