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Archive for the ‘Policies’ Category
Has the PAP government been sleeping for 9 years?

Has the PAP government been sleeping for 9 years?

As early as 2013 Uber operated in Singapore & it was clear that the platform company has "Significant level of management control". "significant level of management control" would imply that platform companies are in a position where they are, for example, able to assign jobs to the workers and later take a cut of the revenue.... 

The government should set a fair wage based on market data

The government should set a fair wage based on market data

We cannot rely on the market to fix wages. The market wages depend largely on bargaining power. The worker is at a weaker position relative to the employer and has to accept a wage that is lower than a "fair rate". To overcome this weakness, the workers have to join a trade union and bargain for better wages and working conditions.... 

Does Singapore have a surplus of $2.2 billion or a structural surplus of $30 billion?

Does Singapore have a surplus of $2.2 billion or a structural surplus of $30 billion?

Does Singapore have a surplus of $2.2 billion or a structural surplus of $30 billion? It depends on the accounting treatment. This is my opinion. The SG govt adopts two unusual accounting methods. 1. Sale of land, mostly 99 year leases, are not taken as govt revenue. Instead, it disappears as transactions involving "past reserves". 2.... 



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