Significant Infrastructure Government Loan Act (SINGA)
I invite discussions about this commentary. The pap government has recently introduced a new Bill that will paved the way for it to pay for major infrastructural projects through borrowings. It is called the Significant Infrastructure Government Loan Act (SINGA) and it allows the government to borrow up to S$90 billion. The...
Ageing population adds financial pressure and constraints
Indranee Rajah Minister Indranee Rajah said our ageing population adds financial pressure and constraints to Singapore. All of a sudden Singaporeans have aged and have become a huge burden to our government which has ruled us for more than 50 years. What does she want the elderly to do? Commit suicide so that she can develop...
A record surge of Covid-19 cases in India
In view of a surge of Covid-19 cases in India, the New Zealand government has banned travellers including its own citizens returning from India from 11 Apr 2021. Likewise, Hongkong has also imposed a ban on flights from India for 2 weeks from 20 April 21. Last saturday and over a period of just 24 hours, India has reported >230,000...
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