Any new initiative in the upcoming budget need to be thought through carefully
Finance minister Heng Swee Keat will deliver his budget statement on 18 February 2020. In the face of a slowing economy (and being an election year), I foresee that Heng will most likely dish out a generous Santa Clause budget. By and large, all national budgets are similar: We want to invest in our people, our future, help...
Are intangible ethos important or GDP numbers?
In a troubled world, few societies can devote themselves to such intangible ideals, much less act upon them. But here in Singapore, thanks to the heroic efforts of several generations, we can all realistically aspire to live by these values, and turn our vision into reality. - Lee Hsien Loong I am pondering over this statement...
Cost of different modes of payment
It is important for the public to realize the true cost of different modes of payment. This will guide them to make the most sensible decision. Cash Payment Most people prefer to use cash payment because it is free. They do not realize that the banks have to incur a high cost to provide ATM machine for them to withdraw cash. Merchants...
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