Jobs for Singaporeans
Someone said that the govt prefers to have foreign workers to be employed, rather than locals. I asked him to explain his remark. He said that the govt receives a levy of between $300 to $950 a month for each foreign worker that is employed on a work permit or S-pass. They do not get this levy for a local worker. The employer...
Malaysia 1 year on: What Tun’s fans here don’t tell us
When Tun and his new gang took power around this time last year, anti-PAP types were so happy. They asked him to bring democracy to S’pore: — Kirsten Han trying to defecate herself and PJ out of self-made crater — Jolovan Wham: Nothing wrong in asking Tun M to intervene in S’porean affairs Well a year later, they kinda...
Distortion in residential property market
The govt offers a grant for a citizen to buy a new or resale HDB flat. This grant is very attractive, as the buyer can realize it when he sells the flat after 5 years. There is no such subsidy when the family rents a flat. Furthermore, the high contribution rate forces citizens to buy a HDB flat, because they cannot use the...
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