Give preference to locals for jobs
Over a period of 35 years, several manpower ministers failed to find a solution to the challenge of getting employers to give preference to locals for jobs. They kept to the same strategy - getting employer to pay a levy to employ foreigners and set limits on the proportion of foreign workforce. The strategy did not work. Foreigners...
Corporate tax and GST
Someone said that corporate tax was at 40% previously. It dropped after the introduction of GST. This statement is not true. It is sad that people can hold a strong belief in a false statement. GST was introduced on 1 April 1994 at the rate of 3%. It was increased in two stages to 5% and 7% which is the current rate. The finance...
Arbitrary rules for self employed income relief
My friend is a used car dealer. His business has been bad last year. It became worse this year. He applied for the self employed relief (I think it is call SIRS). He was rejected. He appealed and fought hard. He spent some time to fight his case. Finally, his appeal was successful. He received $9,000 for 9 months. It was helpful. Question...
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