What a world of difference between the Hong Kong Budget and the Singapore Budget!
I refer to the article “Finance chief Paul Chan dishes out budget sweeteners worth billions to Hong Kong taxpayers” (South China morning post, Feb 28). It states that ” FAST FACTS: • GDP to grow 3 to 4 per cent this year • Fiscal reserves expected to reach HK$1.092 trillion • HK$138 billion fiscal surplus; 40 per...
Budget: Which are the more severe implications?
I refer to the article “‘Severe implications’ if Singapore does not have sufficient reserves as buffer: Chan Chun Sing” (Channel NewsAsia, Feb 25). It states that “The use of Singapore’s reserves should not be taken lightly as there are “severe implications” if the country does not have sufficient reserves as...
SMRT: Pay peanuts, get monkeys?
I refer to the article “SMRT raises starting pay, improves benefits for staff following union talks” (Channel NewsAsia, Feb 24). It states that “From Mar 1, its starting pay for engineers with “good honours degrees” will be increased by up to S$350 a month to S$3,800. Polytechnic graduates will see a starting basic...
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