Hong Kong’s budget versus Singapore’s
Click to enlarge "Hong Kong won’t find out until budget day on Wednesday just how much spare cash Financial Secretary Paul Chan Mo-Po has to throw around. There are estimates it could be as much as a record HK$180 billion, on top of the trillions already in reserve." While Singapore having a debatable S $9 billion surplus....
Singapore’S Highest GST Of 100% On HDB And 50% On Cars
In their zeal to propagandise Singapore’s new 9% GST, state media ChannelNewsAsia (CNA) published a fake news claiming Bhutan having a 50% GST. The state media had to post an apology and retract Bhutan off their list, as some commentators who have lived in Bhutan pointed out there is no 50% GST tax in the country: Many...
How many HDB flats had difficulty paying in the history of the HDB?
I refer to Vincent Low’s article “32,000 out of 405,000 HDB households in mortgage arrears of over three months” (theonlinecitizen, Feb 22). It states that “over the last three years, of a total of about 405,000 households with outstanding HDB loans, about 32,000 households (or 7.9%) were in mortgage arrears of three...
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