
Chris Balding on the Importance of Economic Capture and Government Surpluses
In my last couple of posts, we covered the concepts of economic capture, the size, and duration of the government budget surpluses. In short, the government of Singapore is capturing an enormous piece of economic activity rather than allowing its people to enjoy the fruits of their labors. While this economic capture of financial...

This is why the SDP proposes our healthcare plan
Mr Ivan Lim was working in a hotel taking care of floral arrangements. He left the job to start his own floral business. But tragedy struck when some of his family members passed away and left him with a huge debt. Mr Lim was also a diabetic. Because of his financial problems, he was not able to afford the prescribed medication...

Indonesian tycoon’s Singapore home worth S$100m
Liem Sioe Liong The Singapore home of the late Liem Sioe Liong (pictured), one of Indonesia’s richest men, is valued at approximately S$100 million, according to a report in Indonesia’s TEMPO Interactive. The 96-year old Indonesian tycoon passed away in Singapore on June 10 from age-related illnesses. Liem had been living...
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