Archive for the ‘Economy’ Category
Complicated arrangement between LTA and SMRT
According to this news report, the SMRT will be spending $900 million for the maintenance and repair of the MRT system. Part of the cost will be borne by the Government, through the Land Transport Authority (LTA). http://www.channelnewsasia.com/stories/singaporelocalnews/view/1197159/1/.html This seemed to be a complicated...
Singapore: Only country with Govt surplus in list of highest debt to GDP ratio
As an economist you are trained to try and spot patterns. Most things that we observe in life fall in to very predictable patterns. It is when we spot anomalies or things that don’t make sense that interest us most. Take a look at this table and ask your self which of these countries is not like the other countries? When...
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