TR EMERITUS

Low Thia Khiang got it absolutely right when he said, "This is the first Budget after the 2011 election. It points to the direction of future governing and the focus of government policy from focusing on economy to social policy, from the economy's role to raising the wages of lower-income Singaporeans. This is a major... 

In a move that is considered both bold and risky, Malaysia has decided to go ahead and implement minimum wage. I've explained in detail in  earlier postings why it will be difficult for Singapore to implement minimum wages. For countries that have kept income inequality low and the cost of living relative to wages low,... 

Over the last decade and half, emigration has increased. Amongst the Singaporeans who moved abroad, some have given up their citizenship, while others still hang on to it. Essentially both groups are emigrants though Singapore government likes to only consider the former in order to skew the numbers to appear small. While only...