Singapore Restricts Foreigners
[WSJ Article first appeared on http://online.wsj.com/article/SB10001424052702303567704577518591429808110.html] Foreign workers seeking to sponsor spouse and children to come to Singapore need to earn S$4K and above. Facing citizen discontent over the growing number of non-Singaporean residents, Singapore's government is raising...
Trying To be Clever
Last week the Ministry of Finance (MOF) clarified that each household is eligible for only one Goods and Services Tax Voucher (GSTV) - U-Save rebate, the component of the GST Voucher scheme which was meant to help offset monthly utilities bills. "The amount of GSTV-U Save rebates depends on the flat type, and not the size...
Casinos – Controlling the harm after damage is done…
"Singaporeans and permanent residents paid a total of $288 million in casino levies in 2011 and the first six months of this year." - Straits Times Breaking News [Link] You do the maths. This translates to 2.88M visits to the casino for the last 18 months if we assume every Singaporean gambler pays $100 to get in. Those who...
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