Is Singapore wise to align itself militarily to the US when China is growing?
Defence Minister Ng Eng Hen was quoted as saying in today’s newspaper that the "US engagement in South East Asia important". This is not new - the US has always been a stabilising force in South-East Asia and Singapore walks its belief by allowing the US military to use our air and naval bases for almost 30 years. But whilst...
What our men’s softball team can teach the FT-friendly PAP Government
The Singapore Men’s Softball team’s won a historic gold medal in the SEA games today, upsetting the host Philippines. For them to beat the Philippines’ men’s national team on the latter's home soil is no mean feat. The Philippines have been the powerhouse in this sport in Asia for decades. This is a very relevant lesson...
Thoughts on the GST as a regressive tax
What is Singapore actual GST system? Is the present 7% tax a true percentage of the actual taxes that consumers pay? Or are their hidden tax percentages that are embedded with the GST system whereby the actual tax imposed is much higher? Let's look at the following scenario: 1) A smartwatch manufacturer is GST-registered. It...
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