The Budget Arithmetic Puzzle
NCMP Leong Mun Wai Every year, the Budget is an arithmetic puzzle. Even financial professionals like me have problems piecing everything together because you have to go beyond the smoke screen and look for the detailed data, which are often incomplete. However, I do get a sense of the overall picture and I am going to share...
Why the PWM when high rents are killing businesses?
The PAP is considering introducing the Progressive Wage Model (aka minimum wage) in the food sector for cooks, servers, kitchen help, etc. But Senior Minister of State for Manpower Zaqy Mohamad is already warning that diners may have to pay more when eating out. This is nonsense. Such increase in costs to operators can be offset...
Lawyer M Ravi engaged to represent plaintiffs in class action lawsuit against Chinese tech giant Tencent in Singapore
Lawyer M Ravi Singaporean human rights lawyer Ravi Madasamy, known as M Ravi, has been engaged to represent plaintiffs in a class action lawsuit against Tencent International Service Pte Ltd, the Singapore entity of Chinese tech giant Tencent, over alleged breaches of privacy via its instant messaging and payments app WeChat. In...
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