Can India afford to boycott Chinese investors?
The Chinese reportedly killed 20 Indian jawans and seized Indian territory. India retaliated by banning ByteDance’s hugely popular video-streaming app TikTok and 598 other Chinese apps on national security concerns. Not that silly of India because this significantly narrows a top growth market for Chinese technology firms...
The PAP Government Shrugs Off the Decline in Median Income As Not Their Fault
On Thursday December 3rd Ministry of Manpower (MOM) published their figures for 2020 for median gross monthly income from work of full time employed residents, i.e. citizens and PRs. Just to remind readers that if you arranged all the full time workers in Singapore in a line, the median would be the income of the worker at exactly...
PAP Government Doesn’t Understand Economics
On November 27 the Public Service Division (PSD) announced that Singapore’s 85,000 civil servants will not receive any year-end bonus this year . This followed the cancellation of the mid-year bonus which was blamed on the economic fallout from the Coronavirus pandemic. This may sound like common sense to many Singaporeans...
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