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Archive for the ‘Politics’ Category
Reality check and why we should not be afraid

Reality check and why we should not be afraid

We all know that from the mid 80’s onwards Singapore took a very wrong turn when it embraced Neo-liberal economics and focused almost exclusively on supporting businesses via GLC’s and Foreign Multinationals at every other expense. Before that we built a strong foundation and that still exists today. Although under flawed... 

Top-ups, rebates and bonuses are one-off, GST increase and government smokescreen are forever

Top-ups, rebates and bonuses are one-off, GST increase and government smokescreen are forever

Goodies are generously being handed out with this year’s budget. Goodies for the young and old, for millennials and merdeka generation. Is this an election budget? The odds and signals certainly point in that direction. Amidst all the handouts, it’s easy to lose sight of the elephant in the room – the impending Goods and... 

Apart from handouts, there were 2 standouts in Heng Swee Keat’s budget speech

Apart from handouts, there were 2 standouts in Heng Swee Keat’s budget speech

Announcing a reduction in the foreign worker quota and S-Pass worker ratio for the services sector, Finance Minister Heng Swee Keat said: “Relying on more and more foreign workers is not the long-term solution.” The Minister spoke as if it were an epiphany, a brilliant assessment that he has come up with when in truth,... 



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