Buffet syndrome?
The health minister used the term "buffet syndrome" to describe the unnecessary and over-comsumption of health care services. He blamed the patients for this behavior. He thinks that the patients like to consumer the services because it is free, i.e. paid by insurance or largely subsidised by the government. The minister is...
Lowest corporate tax among Asean countries attract foreign investors, not Singapore’s efficiency or ‘corruption free’ status
Many Singaporeans have been fooled into thinking that foreigners invest billions in little red dot because of our efficiency and being the least corrupt Asian country. While these factors do play a part, a more important consideration is of course our corporate income tax rate. Among Asian countries, Singapore has the second...
Investment returns to supplement revenue: A PAP left to right pocket transaction?
Since 2000, about $108 billion in returns on our reserves (NIRC) have been used to supplement government revenue (image below). Although NIRC is supposed to benefit citizens, the reality is a high percentage of this ultimately find its way back to GIC via CPF contributions or funds set up by PAP under many different names. Excluding...
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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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