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Archive for the ‘Policies’ Category
The GST hike is plainly wrong

The GST hike is plainly wrong

I join the chorus of voices which include the Progress Singapore Party and the Workers Party saying no to the GST hike that will be implemented in the new year. Francis Yuen, Secretary General of the Progress Singapore Party, says emphatically that the “increase GST starting January 2023 is simply unnecessary, untimely and... 

Recurring theme of the People’s Action Party government

Recurring theme of the People’s Action Party government

This seems to be the recurring theme of the People's Action Party government, providing one - off rebate, vouchers etc. but the increase and rises in tax is permanent & forever! Is the timing of these increases coincidence? Other countries are not increasing taxes as this point when the world economy looks bleak with global... 

Ho Ching’s recent defence of Temasek’s total write-down of its FTX investment

Ho Ching’s recent defence of Temasek’s total write-down of its FTX investment

I refer to Madam Ho Ching's recent defence of Temasek's total write-down of its FTX investment loss of US$275 million or SGD 377 million and among other things that she mentioned, 'we can afford to be contrarian'. I have some thoughts. There is absolutely no doubt that Temasek has very deep pockets and that been the case, of... 



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