Higher grants, more choices for first time flat buyers?
I will be blunt. To me, never mind how HDB mixes and matches or adjusts their grant structures, HDB Grants are still dirty words. Let me explain. HDB is a monopoly with a social mission of building truly Affordable flats to house our citizens. That, they have done well in the early years of our independence but over the decades,...
Make it more attractive for employers to employ locals
Singapore has a dysfunctional employment system. The workforce is 3.6 million of which 36% or 1.3 million are foreign workers. Many of the local workers have to work as taxi drivers and private car drivers or take up part time job because they are not able to get a full time job. Many employers prefer to employ foreign workers...
Entirely affordable for PAP to help the poor, so why are they not doing it?
Economist Yeoh Lam Keong "The latest estimates are that there are around 250,0000 Singaporeans who are absolute poor. That’s about 100,000 to 130,000 or about 7.5-10% of households in Singapore." - Lam Yeoh Keong This is how bad Singapore's poverty is. And mind you, this is only talking about people living in absolute poverty,...
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