Heng Swee Keat Seems to Have Forgotten Most of What He Learnt in His Eagerness to Parrot His Master
Heng Swee Kiat Recently I put out a blog article questioning why PM Lee needed to raise taxes, “Where’s Our Money Dude”. I pointed out that given the size of the accumulated surpluses it was difficult to understand why the Government needed additional revenues. Furthermore infrastructure spending should not come out...
Millionairre ministers and MPs should not be paid part-time allowance for town council roles
PAP’s greed is really insatiable. Most Singaporeans are unaware that PAP ministers and MPs have actually paid themselves monthly town council allowances for their part-time roles. But when it comes to improper estate maintenance, none has been held accountable. Town council allowances are on top of their highest political...
Responsibility of SWF
As a SWF, its duty is to invest in defensive posture to protect the country's reserves. Its responsibility is not about making big bucks by taking excessive risks (definitely not hoping to give big bonuses to its management!) but it is expected to put up a portfolio that is more stable and less volatile, earning reasonable return...
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