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Archive for the ‘Opinion’ Category
The GST hike is plainly wrong

The GST hike is plainly wrong

I join the chorus of voices which include the Progress Singapore Party and the Workers Party saying no to the GST hike that will be implemented in the new year. Francis Yuen, Secretary General of the Progress Singapore Party, says emphatically that the “increase GST starting January 2023 is simply unnecessary, untimely and... 

Recurring theme of the People’s Action Party government

Recurring theme of the People’s Action Party government

This seems to be the recurring theme of the People's Action Party government, providing one - off rebate, vouchers etc. but the increase and rises in tax is permanent & forever! Is the timing of these increases coincidence? Other countries are not increasing taxes as this point when the world economy looks bleak with global... 

How did Temasek Holdings made its investment in FTX?

How did Temasek Holdings made its investment in FTX?

Many people in Singapore were disappointed that Temasek Holdings invested and wrote down US$275 million in its investment in FTX. There were surprised and shocked to learn, after the collapse, that FTX was run by a team of young, inexperienced people, and there were no proper governance, accounting and risk management practices... 



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