Massive Reserves: Does It Benefit, Or Shortchange Singaporeans?
Arguably, we have benefitted from the Solidarity, Unity and Resillience Budgets, because they made use of the reserves to ease the financial pain of COVID 19.There has been much debate over the government's far sighted move to accumulate excessive amount of reserves, especially to safeguard ourselves against crises like...
Look what the election brought – Electricity tariff down by 15% for Qtr 3
"Timeo Danaos et dona ferentes", Latin for "Beware of Greeks bearing gifts". The chief priest of Troy, Laocoon, warned the Trojans not to accept the wooden horse as a gift from the Greeks as he was wary of trickery. Well, we know that 3,200 years ago, it didn't go down well with the Trojans who took the gift and lost the war. Consumers...
Singapore’s obsession with economic growth
Since Independence, our country has been obsessed with economic growth. That is understandable given that we were a developing economy and people and capital were not fully mobilized. However, we are now a developed economy and a first world country. We reached full employment long ago and even had to bring in foreigners to...
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- Caoliangoh on Pakistan to nuke Israel if…
- Pandora’s box on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- Liar on Pakistan to nuke Israel if…
- unprovoked aggression on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- PAP mandate strong on Pakistan to nuke Israel if…
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