80,000 well paying ICT jobs…
'Singapore aims to create 80,000 well paying ICT ( Information and Communication Technology) jobs by 2025'- Lawrence Wong, CNA online. 2025 isn't too far away and it is quite possible that many people might have mistaken him for saying that Singapore aims to create 80,000 well paying ICT jobs in 2025. (Please read this paragraph...
Inflation will remain high
Many US banks, including the large ones, are in financial trouble. They have lent a few trillion dollars in 30 year mortgages at fixed interest rates of 3% or less. Based on the current high interest rates, the value of their mortgages could have fallen by 30% or more. The loss is staggering. The banks are able to mark these...
The world’s most expensive cabinet
At the May Day Rally, Deputy Prime Minister Lawrence Wong spoke of Singapore feeling the impact as competition for investments becomes tougher. He said that Singapore “cannot afford to outbid the big boys” to attract investments from multinational corporations. “We won’t have enough money to match the competition but...
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