Runaway Elitism
The ideal philosophy was that ‘all wealth should revert to the state on the owner’s death'. Then why abolish estate duty? It was only a few weeks ago that Vivian lectured the young doctors not to overcharge their patients, in other words not to be too greedy and raise the cost of living of the people. Chok Tong has followed...
A snippet on the toothpick craze
Lim Swee Say likes Din Tai Fung's toothpicks so much that he always takes half a box of toothpicks when he visits its restaurants (ST Photo). Din Tai Fung is now famous for good quality service and good toothpicks on top of good food. It is instant fame and getting the best advertisement it can ever think of for free. Not...
The maths of salaries when mortgage rates rise 50%
Up to 9,000 Singapore private property owners could be forced to sell their homes if interest rates rise in the city-state, according to an analyst report published today. On the back of news that up to 10 percent of Singapore households may have already over-leveraged their private property purchases beyond the new 60 percent...
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