TR EMERITUS

Someone said that corporate tax was at 40% previously. It dropped after the introduction of GST. This statement is not true. It is sad that people can hold a strong belief in a false statement. GST was introduced on 1 April 1994 at the rate of 3%. It was increased in two stages to 5% and 7% which is the current rate. The finance... 

As mentioned in my last posting, there’s very little to say about Singapore’s General Elections. The result is a forgone conclusion and it’s a question of how badly the opposition parties get drubbed. As I’ve argued constantly, while the PAP governments have made mistakes, they’ve not done enough to lose elections.... 

1. Big questions and challenges face Singapore in a COVID-19 (and eventually post COVID-19) world. 2. In the economic sphere - beyond the immediate question of preserving jobs - how do we ensure health, income and wealth security for all the population, particularly those below the median. 3. These may involve directional changes...