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Archive for the ‘Letters’ Category
Hong Kong’s budget versus Singapore’s

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

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?

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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