Government has failed to regulate Grab for the greater good
Grab fares are now more and more expensive. I realise that Grab has recently increased its fares, and sneakily only informed their Drivers without telling consumers! I noticed this when booking a grabshare from my office back home, and I realised the fares are more expensive! Even without surge, the price has gone up, and yet...
What our men’s softball team can teach the FT-friendly PAP Government
The Singapore Men’s Softball team’s won a historic gold medal in the SEA games today, upsetting the host Philippines. For them to beat the Philippines’ men’s national team on the latter's home soil is no mean feat. The Philippines have been the powerhouse in this sport in Asia for decades. This is a very relevant lesson...
Thoughts on the GST as a regressive tax
What is Singapore actual GST system? Is the present 7% tax a true percentage of the actual taxes that consumers pay? Or are their hidden tax percentages that are embedded with the GST system whereby the actual tax imposed is much higher? Let's look at the following scenario: 1) A smartwatch manufacturer is GST-registered. It...
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