Archive for the ‘Economy’ Category
Ng Kok Lim rebuts foreign commodity trader’s view of TRE
I refer to the article “a Foreign Trash’s review of TR Emeritus” dated 22 Jul 2012 contributed by someone with the Internet screen name of ‘CommTrader’. CommTrader regards Singapore as a utopia, a place of ideal perfection especially in laws and government and one that has high GDP, highest home ownership rate, least...
Ng Kok Lim rebuts Indian FT on Singapore’s economy
Dear Straits Times, I refer to the 21 Jul 2012 letter by Mr Bobby Jayaraman. To show that the government had chosen the right path in actively pursuing growth, Mr Jayaraman contrasted the years 2001 to 2005 when the economy grew slowly, property prices fell and median household income fell from $4,363 to $4,270 to last year...
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