1.3 Trillion Reserves?
(CNA, Aug 28) "The Government will take steps to strengthen its revenue position like raising the Goods and Services Tax (GST), but it will “carefully monitor” the timing of such moves by considering the state of the economy and spending needs" (BT, Nov 2, 2018) As to “GIC, the world’s eighth biggest sovereign wealth...
Its ‘part of the plan’?
Thing is, there is very little transparency at how #COVID19 is being managed in the dorms, and when people highlight the flaws, they get POFMA-ed. This is exactly why we need transparent governance, and a participatory governance where people outside of government with good solutions can help manage the crises and issues that...
Raising the qualifying salaries of foreign employees will lead to a Singaporean core?
Does Jo Teo really think raising the qualifying salaries of foreign employees will lead to a Singaporean core? Just a few weeks ago, an employer was caught paying his employees Employment Pass and S-Pass qualifying salaries, only to collect a substantial portion of the salaries back in cash. He banked in their salaries, made...
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