An Unimaginative Finance Minister Is The Last Thing Singapore Needs!
When Heng Swee Keat was anointed as the heir apparent to Lee Hsien Loong as the next PAP leader, you could sense the relief amongst PAP cadres that at least Chan Chun Sing would not be leading them. To the PAP cadres, Heng Swee Keat may be the best thing next to sliced bread. But Michael Barr correctly points out that he is...
Reality check and why we should not be afraid
We all know that from the mid 80’s onwards Singapore took a very wrong turn when it embraced Neo-liberal economics and focused almost exclusively on supporting businesses via GLC’s and Foreign Multinationals at every other expense. Before that we built a strong foundation and that still exists today. Although under flawed...
Top-ups, rebates and bonuses are one-off, GST increase and government smokescreen are forever
Goodies are generously being handed out with this year’s budget. Goodies for the young and old, for millennials and merdeka generation. Is this an election budget? The odds and signals certainly point in that direction. Amidst all the handouts, it’s easy to lose sight of the elephant in the room – the impending Goods and...
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