Consumer credit is healthy: Really?
We refer to the article “Singapore consumer credit situation is in a healthy state: Tharman” (Straits Times, Oct 28). Consumer credit situation is healthy? It states that “The consumer credit situation in Singapore is on the whole in a healthy state, said Finance Minister Tharman Shanmugaratnam on Tuesday at an event to...
The right way to boost birth rates? And attract votes?
The South Korean annual budget to boost birth rates has reached an equivalent of US$13.85bn this year, says Chosun Ilbo, South Korea’s largest and oldest daily. Though is almost sevenfold increase since 2006, the number of births has actually dropped by almost 12,000 to 436,500 last year. The birth rate, or the number of births...
PAP losing power should not be the concern
In the past week, much has been discussed about how the ruling People’s Action Party (PAP) could lose power. Ho Kwon Ping, former detainee and current chairman of Banyan Tree Holdings, laid out various scenarios at a public forum last week of how this could happen. On Sunday, Straits Times opinion editor, Chua Mui Hoong, picked...
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