More money going into our national coffers
COE breaching $100,000 can be a good thing- page B2, Christopher Tan (CT), senior transport correspondent, 10 June 22, Straits Times. In a nutshell, what CT is saying is that $100,000 means the rich are contributing more to Singapore's tax coffers, which is a good thing. I agree with him but only to a small extend. Let me explain. The...
US should not YaYa Papaya
What will happen if China weaponized its holding of US Treasury Bonds by massive selling off? Price of US Treasury Bonds will drop and it will trigger the arbitrage mechanism and interest rates in US will be forced to rise. It will hurt the US Economy especially during an uncertain crisis situation. In order to counter that,...
In memory of Dr Lim Hock Siew
Late Dr Lim Hock Siew June 4th marks the 10th anniversary of the demise of Dr Lim Hock Siew, a victim of Operation Coldstore on 2nd February 1963. Dr Lim Hock Siew knew that he was a target of arrest but he and his friends did not leave Singapore. He waited for the security police, their dogs and gurkhas to arrest him that dawn....
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