TR EMERITUS

World most expensive salaries for the world best government? Not according to the Global Prosperity Index [Link]. Singapore ranked just 19th in the overall index, Damningly, in the Governance sub-index we are ranked just 18th. So one may argue that liberal democracies change government so often, argumentative, noisy, even unstable... 

The giant sucking sound building up in Singapore's empty shopping aisles just got louder. After a 174-year run, John Little, a well-loved department store, plans to shut down by January. Completing the karmic circle of birth and death, Amazon.com Inc. may start operations in the city in the first quarter. That's scant comfort... 

Here is a reason why I think Trump may not be as protectionist as his campaign rhetoric suggest. Let's look at the fiscal stimulus. The infrastructure spending plan is around US$550b spread over 5 years - a boost to the GDP by 0.5% a year. His campaign tax plan to benefit both households and business adds another shot of 4%...