A Physicist Looks at the Financial Governance 3
Part 3 – Borrowing Limits Article 144(1)(a) of the Constitution requires the oversight of Parliament and the President for the borrowing limits of the Singapore Government Securities (SGS) and the Treasury Bills (T-Bills): Section 11(1), Government Securities Act (Cap 121A) - Power to issue Government securities Act...
Higher bus drivers’ wages = Higher fares?
I refer to the report “Public transport fare adjustments to take into account bus drivers’ wage increase” (Channel NewsAsia, Dec 6). It states that “Transport Minister Lui Tuck Yew said on Thursday public transport fare adjustments, due next year, will take into account the need to raise bus drivers’ wages. Mr Lui...
To Philippines Ambassador: Inflammatory behavior by one of your countrymen
[The letter was sent to the Philippines Embassy and copied to PM Lee, DPM Teo, Minister Shanmugam and TRE] Your Excellency, On behalf of the people of Singapore, I want to file a protest to you about one of your countrymen working here, Mr. Carlos R. Pestano III alias Kaye Pestano. As you can see from the attached screenshot,...
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- Caoliangoh on Pakistan to nuke Israel if…
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