Budget 2012 on Public Transport – Why more subsidies for PTO?
From the Budget 2012 roundup Report [1] - under the sub-heading of "Transport", it is reported by the Deputy Prime Minister and Finance Minister Tharman Shanmugaratnamthat that the government is putting aside $1.1 billion for a Bus Services Enhancement Fund over 10 years to add 800 buses over the next five years. The two Public...
Shanmugam’s veiled threat against Alex Au?
Sigh. No, make it a big SSSIIIIIGGGGGHHHHH!!!! Just when you thought that the PAPpies are more laxed and have more or less gotten used to life as real politicians (ie you expect mudslinging in politics), the same old, same old threat of legal suit comes back as the hatchet man. Yep, you know what I'm talking about. I am talking...
PAP Government scores another huge budget surplus for FY2011
Singapore's budget for FY2011 is expected to gain a huge surplus exceeding what the PAP government has estimated a year ago. The PAP government had originally estimated an overall budget balance of $100 million or 0.02% of GDP. However, it ended up with a humongous overall budget balance of $2.3 billion or 0.7% of GDP for FY2011! Where...
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