Minimum wage, maximum attention
Dear Straits Times, I refer to the 13 Jan 2011 report on the parliament debate on the minimum wage. It was reported that almost all who spoke argued that the minimum wage would diminish the economy's competitiveness and lead to unemployment for workers. That is not necessarily true. Wage related competitiveness applies to export...
Buoyant property prices a sign of rising wealth
Dear Straits Times, I refer to the letter by Mr Benjamin Ching dated 20 Dec 2010. Mr Ching claims that the spike in housing prices is due to the government's quick pace at getting us out of the financial crisis. He is wrong. Housing prices started to spike at the beginning of 2007 even before the financial crisis hit us. It...
Re: Fairness in Primary School admission
Dear Temasek Review, I refer to the reply "Fairness in Primary School admission" by Mr Chen Junyi. Junyi claims that homogenisation leads to mediocrity. Coca Cola, McDonalds, Iphone are examples of homogenisation that didn't lead to mediocrity. Communism is not homogenisation. The communists didn't say everyone must be a farmer...
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