Budget 2018: Minister Keechiu’s half truth raises more concerns on Singapore’s reserves
I refer to “Preserving reserves signals to markets strength of Singapore dollar: Chan Chun Sing“. Keechiu Chan: “Keeping half of Singapore’s earnings from its reserves is important as it signals to currency markets the strength of the Singapore dollar.” It has been estimated that Singapore has an estimated more than...
Kee Chiu to follow in the footsteps of Pinky and Woody?
Kee Chiu Chan It’s still up in the air as to who gets to be the next Prime Minister. So while the waiting goes on, we might as well entertain the intriguing possibility that destiny plays a part, that the stars could be aligned with the one with a nickname to go with the title of PM. The three Prime Ministers of Singapore...
Time to review PAP ministers’ maximum 13.5 months’and PM’s 19.5 months’ bonuses
The 2011 ministerial pay review was just another wayang. Although it has been 7 years since, their ridiculously-high maximum bonuses warrant another review. The cosmetic changes implemented by the PAP government – recommended by the PAP-appointed review committee – only resulted in maximum bonuses being reduced to 13.5...
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