What our men’s softball team can teach the FT-friendly PAP Government
The Singapore Men’s Softball team’s won a historic gold medal in the SEA games today, upsetting the host Philippines. For them to beat the Philippines’ men’s national team on the latter's home soil is no mean feat. The Philippines have been the powerhouse in this sport in Asia for decades. This is a very relevant lesson...
Thoughts on the GST as a regressive tax
What is Singapore actual GST system? Is the present 7% tax a true percentage of the actual taxes that consumers pay? Or are their hidden tax percentages that are embedded with the GST system whereby the actual tax imposed is much higher? Let's look at the following scenario: 1) A smartwatch manufacturer is GST-registered. It...
Words of wisdom from Thailand’s richest man, to our PAP Education Minister
In an exclusive interview with the Bangkok Post in Paris, Thailand's richest man Mr Dhanin Chearavanont shared his view that students should spend far lesser time in school and university and more time gaining more real world experiences in this digital era. The learned tycoon was quoted as saying: "Today, many students are...
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