Is Hong Kong better than Singapore?
Leong Sze Hian I refer to the article “Memo to CY, Singapore isn’t better off” by Jake van der Kamp (South China Morning Post, Jun 12). Negative net income balance? It states that “Singapore’s net income balance has been negative to the tune of an average of 5 per cent of GDP for the past 10 years. That big trade surplus,...
S’poreans already feel the real effect of ‘wealth extraction’
Prof Christopher Balding's new website: http:\\www.baldingsworld.com. In this latest posting he makes a less controversial point backed up with good statistics for comparison. Before I go into it, here is a photo I took from TOC showing 2 Workers' Party members holding a sign at one of the rallies at Hougang. The WP supporter's...
S’poreans deserve better than people of Myanmar and Bangladesh
Singapore, SWFs, and Other Countries: Part I A common question is: how does Singapore compare to other countries with regards to its finances both other sovereign wealth fund countries and other countries. Let’s examine that question as they do nothing but further demonstrate fallacies about Singaporean public finances. From...
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