PM Lee: If we over-tighten FT rules, companies will run away
PM Lee While thousands of Singaporeans were protesting at Hong Lim Park on 1 May 2013 against the PAP Govt's 6.9 million Population White Paper which proposes to increase Singapore's population through the further import of "foreign talent", PM Lee was speaking to 1,600 union leaders and other guests at Downtown East at a May...
Govt makes a cool $1B from Additional Buyer’s Stamp Duty
The Govt introduced the Additional Buyer’s Stamp Duty (ABSD) in Dec 2011 in its attempt to cool the property market. ABSD was further increased in Jan this year in the Govt's further attempt to cool the market when its earlier measures were not working. ABSD is payable on the purchase or acquisition of private residential...
AIM deal: Key findings of MND Town Council Review Team
Dr Teo Ho Pin, coordinating chairman of 14 PAP TCs The National Development Ministry (MND) Town Council Review Team (Team) that reviewed the controversial sale of Town Council Management System (TCMS) software by PAP town councils (TCs) to Action Information Management (AIM), a PAP-owned $2-company, has found that the transaction...
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