Ashamed of their so called selfless and sacrificial leadership
Singapore maintains its 2022 growth forecast at 3% to 5%, expects growth to be at lower half of this range- Ministry of Trade and Industry, Singapore. A few thoughts quickly came to me mind when I read that. One, Singapore is heading into an inflationary storm with the first 1 percentage point in GST increases on the horizon...
Abandon purchase of Twitter for $44 billion
When Elon Musk announced his offer to buy all of Twitter shares at $54.10, the stock price increased to $51.70. The market cap was $39.5 billion (based on 764 million outstanding shares). Since then, the stock price dropped 25% to $38.20. The market cap dropped by 24% to $29.2 billion. This followed the possible withdrawal of...
Shame on useless Lawrence Wong and his 4G team
Just two months ago, both Australia and New Zealand cut fuel duties as a result of rising petrol prices to help people with the rising costs of living! Today, even India is doing the same! It does not take a genius to realise that high fuel prices will have a negative impact on transport and business cost, which will eventually...
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