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GE2025: Stunning victory for PAPGE2025: Stunning victory for PAP I refer to the CNA’s report, “GE2025: Stunning victory for PAP, winning 87 of 97 seats with higher national vote share in PM Wong's first electoral test” (May 4). GE2025 has clearly delivered the following key messages/notes from the vast majority of voters: The Workers’ Party (WP) has done a fantastic good...

This is not a game of cardsThis is not a game of cards I can appreciate parties wanting to hold their cards close to their chest, but the smoke and mirrors games on nominations day, the shuffling of the DPM from a seat he had openly been declared to be defending, and other ministers shuffling constituencies leaves one feeling the PAP thinks it is playing a game of cards. Constituency...

Is a Parliament full of PAP MPs really better for Singaporeans?Is a Parliament full of PAP MPs really better for Singaporeans? I refer to The Online Citizen GE2025 news report, “Lee Hsien Yang: Is a Parliament full of PAP MPs really better for Singaporeans?” - (April 14), and “The Straits Times’ report, “GE2025: Singaporeans will go to the polls on May 3, Nomination Day on April 23” (April 15), and The Online Citizen GE2025 report,...

𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐧𝐞𝐞𝐝 𝐟𝐨𝐫 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝... Is the PAP of today exceptional, with unmatched competence and delivery? Afterall, that is their justification for the highest salaries in the world. Let’s look at its more recent track record. Large numbers of NRIC numbers were recently unmasked, leaving Singaporeans exposed to identity theft, fraud, abuse and scams....

GE2025: Red Dot United to contest in Holland-Bukit TimahGE2025: Red Dot United to contest in Holland-Bukit Timah I refer to the CNA news, “GE2025: Red Dot United to contest in Holland-Bukit Timah GRC but may make way for Singapore Democratic Party” (April 10), “More opposition 'star catches' are emerging. Is Singapore's political scene maturing?” (April 10) and “PSP says government response to Trump tariffs 'overblown',...

GE2025: Why Singapore's high-flying bureaucrats are recruited into politicsGE2025: Why Singapore's high-flying bureaucrats are recruited... I refer to CNA’s news, “GE2025: Why Singapore's high-flying bureaucrats are recruited into politics” (Mar 28). It is not surprised to notice that in recent weeks, two NMPs and top ministry officials have resigned, fuelling speculation they could be fielded as potential candidates for the ruling People's Action...

More than 2.75 million Singaporeans eligible to vote in GE2025More than 2.75 million Singaporeans eligible to vote in GE2025 I refer to The CNA’s News, “GE2025: More than 2.75 million Singaporeans eligible to vote” (Mar 25). As Singapore’s General Election is due to be held within this year, the following factors will more or less influence the election situation this year: A)The general mentality of voters Voters are generally...

How the end of Ukraine war could be secured, even with waning US supportHow the end of Ukraine war could be secured, even with waning... I refer to the CNA’s commentaries, “How the end of Ukraine war could be secured, even with waning US support” (Mar 4), “Lessons from the Trump-Zelenskyy meltdown- for friends and foes” (Mar 1) and “Will Trump tariffs push China to change economic tack?” (Mar 3). Foremost, we need to recognise the reality...

Singapore Army Recruits Deserve a Minimum WageSingapore Army Recruits Deserve a Minimum Wage Singapore Army Recruits Deserve a Minimum Wage: National Service Should Not Come at the Expense of Opportunity Costs Singapore’s National Service (NS) has long been a cornerstone of the nation’s defense, requiring young men to dedicate two years of their lives to military, civil defense, or police service. While...

Trump-Putin deal on Ukraine will be Europe’s moment of reckoningTrump-Putin deal on Ukraine will be Europe’s moment of... I refer to the CNA’s Commentaries, “Trump-Putin deal on Ukraine will be Europe’s moment of reckoning” (Feb 20) and “Ukraine can survive with the ‘least worst’ peace” (Feb 22). Now, In the eyes of European Union, they have lost trust and confidence in the United States, it is solely due to the flip flop...

From Deepseek to Huawei, US tech restrictions on China are backfiringFrom Deepseek to Huawei, US tech restrictions on China are... I refer to the CNA’s Commentary, “From Deepseek to Huawei, US tech restrictions on China are backfiring” (Jan 31). Would it be practical, useful and effective for the United States to continually pursue an aggressive containment strategy to hobble China’s tech push? Undoubtedly, the answer is obviously not. There...

Don't get distracted by Trump's outlandish Cabinet picksDon't get distracted by Trump's outlandish Cabinet picks I refer to the CNA’s Commentary: “Don't get distracted by Trump's outlandish Cabinet picks” (Nov 25), and “'No one will win a trade war’, China says after Trump tariff threat” (Nov 26). As everyone knows, U.S. President-elect Donald Trump will return to power on January 20, 2025. Trump has dismissed...

Putin escalates Ukraine warPutin escalates Ukraine war I refer to The CNA’s Commentary: “Putin escalates Ukraine war by a step, not a leap, with missile experiment” (Nov 23). Foremost, Zelenskyi’s intention to join Nato has greatly threatened the security and survival of Russia. Hence, Zelenskyy has offended Putin and Putin has no choice but to launch a war with...

Will PM Wong address the astronomical ministerial salaries?Will PM Wong address the astronomical ministerial salaries? I refer to The TR-Emeritus opinion article, “Will PM Wong address the astronomical ministerial salaries” (June 14) by Mr Yoong Siew Wah. It has always been a controversial topic which concerns about our top political leaders who receive their salaries that are many times higher than those foreign political leaders. Our...

Supporting Chee Soon Juan's caféSupporting Chee Soon Juan's café I refer to The Independent Singapore’s news, “Singaporeans urged to support Chee Soon Juan's café despite their political preferences” (July 16). The underlying objective of doing any business is to ensure it is viable and profitable. Otherwise, there is no point of undertaking risk for it. It is natural for...

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Editorials
Strong hailstorm strikes China's Xi'an causing airport...

Strong hailstorm strikes China's Xi'an causing airport...

On the evening of May 8, Xi’an, the capital city of China’s Shaanxi Province, was struck by a powerful...
Four parties lost their election deposits in GE2025

Four parties lost their election deposits in GE2025

A total of four opposition parties, the Singapore United Party (SUP), People's Power Party (PPP), People’s...
Level 16 super typhoon devastates multiple cities in...

Level 16 super typhoon devastates multiple cities in...

Northern China was hit by an extreme weather event on Thursday as a massive cold front swept south, colliding...
Level 15 winds destroy buildings rooftops and cause...

Level 15 winds destroy buildings rooftops and cause...

On April 30, northern China was struck by an extreme weather event as a massive cold vortex surged southward,...
TR Emeritus to 'shut-up' on 2nd May 2025

TR Emeritus to 'shut-up' on 2nd May 2025

Please be informed that TR Emeritus (TRE) will shut down its comment function site-wide at 0000 hours...
Chaos in China as extreme storm destroys homes and...

Chaos in China as extreme storm destroys homes and...

Beijing’s 22 million residents were asked to stay indoors on Saturday, as powerful winds swept across...
China, Thailand, and Myanmar in ruins after devastating...

China, Thailand, and Myanmar in ruins after devastating...

On March 28, 2025, a devastating 7.7-magnitude earthquake struck central Myanmar near Mandalay, causing...
Myanmar 7.7 earthquake collapses buildings in Thailand,...

Myanmar 7.7 earthquake collapses buildings in Thailand,...

A powerful 7.7 magnitude earthquake struck central Myanmar on March 28, 2025, causing widespread panic...
Beijing shocked by earthquake and mega sandstorm

Beijing shocked by earthquake and mega sandstorm

Since March 24, 2025, northern China has been battling extreme weather as a massive sandstorm swept through...
Mega hail causes mass destruction in Fujian and Guangdong

Mega hail causes mass destruction in Fujian and Guangdong

An unexpected and severe hailstorm struck multiple cities in Guangdong and Fujian between March 3 and...
Extreme weather struck multiple regions in China

Extreme weather struck multiple regions in China

On March 2, 2025, extreme weather struck multiple regions in China, with parts of Henan province experiencing...
Happy Chinese New Year 2025

Happy Chinese New Year 2025

Wishing all our Chinese readers:     Team@TR Emeritus  
Huge snow caused numerous disruptions on China's major...

Huge snow caused numerous disruptions on China's major...

As the Chinese New Year approaches, millions of people across the country are making their annual journey...
The rapidly spreading HMPV virus you haven’t heard...

The rapidly spreading HMPV virus you haven’t heard...

Human Metapneumovirus (HMPV) is making headlines as cases surge, especially among children and vulnerable...
4.1 magnitude earthquake shakes Shanxi's Linfeng city

4.1 magnitude earthquake shakes Shanxi's Linfeng city

On the evening of January 10, 2025, Linfen City in Shanxi Province was struck by an earthquake. The tremor,...
7.8 magnitude earthquake devastates Tibet

7.8 magnitude earthquake devastates Tibet

A magnitude 7.1 earthquake has hit Tibet, in the region of Shigatse, which is near the border with Nepal. According...
Outbreak of mystery virus in China

Outbreak of mystery virus in China

China is r eportedly facing a new health crisis as the human metapneumovirus (HMPV) outbreak rapidly...
Unknown Virus Rampages in China; Hospitals Utterly...

Unknown Virus Rampages in China; Hospitals Utterly...

A blogger in China has shared a video, claiming that this isn’t China’s Spring Festival travel rush;...
Opinions
Cutting down reliance on US military equipment

Cutting down reliance on US military equipment

There is a rampant rumor going around that claims Egypt has ordered 48 J10C with a price tag of USD$25B...
2025大选—明确授权,变化中的政治格局

2025大选—明确授权,变化中的政治格局

2025年大选结果无可争议,政府再次赢得了强有力的授权,稳固了其在新加坡政治格局中的主导地位。尽管选举结果并不令人意外,但胜利的过程却并非没有争议和复杂性。 值得注意的是,选区划分的变化在本次选战中发挥了重要作用。陈清木医生与徐顺全医生等资深反对派人物,因选区重划而受到显著影响——传统支持基础被分割或并入他区,无疑左右了某些关键选区的最终结果。虽然选区调整在新加坡选举历史上并不罕见,但其公平性与透明度仍持续引发讨论。 工人党虽稳守东北区的传统堡垒,但未能在本届大选中攻下新的选区。不过,该党仍获得两个非选区议员(Ncmp)席位,虽属安慰性质,却在象征意义上维持了国会内多元声音的存在。 更值得关注的是,本届大选所处的人口背景正经历剧烈变化。新加坡人口从2000年的约300万增长至2025年的超过500万。考虑到多年来出生率持续偏低,这一增长几乎可以肯定主要归因于移民流入,尤其可能在华人群体中增长显著。这一趋势对国家的社会结构和政治生态产生了深远影响。 展望2030年大选,各政党不仅要面对一如既往的选区调整与突发的全球事件,更需正视一个不断演变的社会结构。随着越来越多新移民成为国民,选民构成日益多元,政党在政策制定与信息传递上必须更具包容性与前瞻性。他们必须同时争取老一代公民与新加坡新公民的认同,回应共同关切,并跨越代际与文化差异的鸿沟。 在新加坡持续向前迈进的过程中,其政治也必须与时俱进——反映日益多元的人口现实,同时坚守国家的核心价值观:团结、韧性与务实。 Cwc-Ai
A jaw-dropping election

A jaw-dropping election

This is a jaw-dropping election. For the opposition. SDP’s Dr Chee and PSP’s Leong were deeply disappointed....
The Nation has rejected multi-party Parliamentary representation

The Nation has rejected multi-party Parliamentary representation

Our party suffered great losses and I personally have suffered the greatest hit. But these personal losses...
A False Analogy That Insults the Intelligence of Singaporeans

A False Analogy That Insults the Intelligence of Singaporeans

Minister Ong Ye Kung’s recent assertion that a “co-driver” bears no responsibility if a car crashes...
There is a cost to losing

There is a cost to losing

There is a cost to losing. At least in PAP’s books. And one of the costs is a policy of priority. That...
Hougang Belongs to the People

Hougang Belongs to the People

Thank You for the Reminder, Mr Marshall Lim. It is with no small measure of amusement that one reads...
Its all about trust

Its all about trust

Dr Ng Eng Hen from PAP has pointed out the most important key point about this General Elections, it...
Misunderstanding What Singaporeans Truly Expect from...

Misunderstanding What Singaporeans Truly Expect from...

The government's repeated assertion that it is "easy for the opposition to ask the government to give...
Punggol GRC

Punggol GRC

Punggol GRC is without question one of the most hotly watched, followed and contested constituency in...
Should Singapore Be Concerned About David Neo’s “Action-Takers,...

Should Singapore Be Concerned About David Neo’s “Action-Takers,...

Singaporeans should pause and reflect on the recent remark by PAP candidate David Neo, who said that...
Why Singaporeans Must Reconsider the Dismissal of SDP’s...

Why Singaporeans Must Reconsider the Dismissal of SDP’s...

The Singapore government’s blunt assertion that the Singapore Democratic Party (SDP)’s proposals...
Expect the exchange of barbs in politics

Expect the exchange of barbs in politics

In a political contest, expect the exchange of barbs. And we do not lack any of it in the rallies held...
Don't Be Swayed by the Noise—Think Critically Before...

Don't Be Swayed by the Noise—Think Critically Before...

In recent weeks, the political buzz in Singapore has reached a new high. Massive crowds at opposition...
We vote whoever is deserving of our vote

We vote whoever is deserving of our vote

I am surprised that Lee Hsien Loong chose to remind us of the 1997 shameful episode when he, his father...
The Case for a Diverse and Balanced Parliament

The Case for a Diverse and Balanced Parliament

The Singapore government has recently stated that "Good government needs good people" and cautioned against...
None of the PAP labour MPs rose to speak when Parliament...

None of the PAP labour MPs rose to speak when Parliament...

I was truly flabbergasted when I learned from one of Pritam Singh's (PS) recent rally video clips that...
A Regrettable Incident and a Timely Call for Reform

A Regrettable Incident and a Timely Call for Reform

The recent racial slur made by a Singapore Democratic Party (SDP) member during the General Election...
Letters
GE2025: Stunning victory for PAP

GE2025: Stunning victory for PAP

I refer to the CNA’s report, “GE2025: Stunning victory for PAP, winning 87 of 97 seats with higher...
Is a Parliament full of PAP MPs really better for Singaporeans?

Is a Parliament full of PAP MPs really better for Singaporeans?

I refer to The Online Citizen GE2025 news report, “Lee Hsien Yang: Is a Parliament full of PAP MPs...
GE2025: Red Dot United to contest in Holland-Bukit...

GE2025: Red Dot United to contest in Holland-Bukit...

I refer to the CNA news, “GE2025: Red Dot United to contest in Holland-Bukit Timah GRC but may make...
GE2025: Why Singapore's high-flying bureaucrats are...

GE2025: Why Singapore's high-flying bureaucrats are...

I refer to CNA’s news, “GE2025: Why Singapore's high-flying bureaucrats are recruited into politics”...
More than 2.75 million Singaporeans eligible to vote...

More than 2.75 million Singaporeans eligible to vote...

I refer to The CNA’s News, “GE2025: More than 2.75 million Singaporeans eligible to vote” (Mar...
How the end of Ukraine war could be secured, even with...

How the end of Ukraine war could be secured, even with...

I refer to the CNA’s commentaries, “How the end of Ukraine war could be secured, even with waning...
Singapore Army Recruits Deserve a Minimum Wage

Singapore Army Recruits Deserve a Minimum Wage

Singapore Army Recruits Deserve a Minimum Wage: National Service Should Not Come at the Expense of Opportunity...
Trump-Putin deal on Ukraine will be Europe’s moment...

Trump-Putin deal on Ukraine will be Europe’s moment...

I refer to the CNA’s Commentaries, “Trump-Putin deal on Ukraine will be Europe’s moment of reckoning”...
Snippets
What are the most popular hobbies in Singapore in 2025?

What are the most popular hobbies in Singapore in 2025?

As work-life balance remains a constant talking point in the fast-paced city-state of Singapore, residents...
10 Most Popular Mobile Games in Singapore

10 Most Popular Mobile Games in Singapore

Singaporeans can't get enough of their phones these days, spending tons of time battling opponents, building...
Langkawi to Koh Lipe Ferry: Complete Travel Guide

Langkawi to Koh Lipe Ferry: Complete Travel Guide

Planning a tropical escape from Malaysia to Thailand? The journey from Langkawi to Koh Lipe offers a...
This is not a game of cards

This is not a game of cards

I can appreciate parties wanting to hold their cards close to their chest, but the smoke and mirrors...
𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝...

𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝...

Is the PAP of today exceptional, with unmatched competence and delivery? Afterall, that is their justification...
The sleep science revolution in elite sports

The sleep science revolution in elite sports

Professional sports have entered a new era where recovery science directly impacts performance outcomes....
Sports Betting in Online Casinos as a Way to Improve...

Sports Betting in Online Casinos as a Way to Improve...

In today's world, online sports betting has become not only a popular form of entertainment but also...
Opportunities and features of artificial intelligence...

Opportunities and features of artificial intelligence...

Today, artificial intelligence and neural networks have become a widespread phenomenon, bringing people...
Sticky & Recent Articles

A Nation’s Shame

A Nation’s Shame

By Tan Keng Leng It was reported in the Friday, 19/02/2010 edition of The New Paper that serial sex offender Khairulhizam Din Ahmad had been convicted of robbing a 15-year old girl, hence called “Mariam”, after tricking her into having sex with him. Khairulhizam, who had a string of previous convictions before this, including molesting an 11-year old girl in 2007, stabbing his wife in 1997 and drugging, molesting and robbing an Indonesian maid in 1990, had approached “Mariam” and promised to pay her $400/- for sex. After having sex though, not only did he fail to pay the girl, who cannot be named because of her age, he proceeded to rob her of her schoolbag, which contained valuables worth about $220/-. So why did “Mariam” agree to have sex with him then? According to the report, it was because she was desperate to obtain money quickly so as to buy food for her siblings. Did this happen because her parents didn’t earn enough to support the family? Were either or possibly both of them dead or in prison? The report did not state the reasons for the family’s predicament, nor did it state if the family was on public assistance or had applied for it and were rejected. This was not the first instance where an underage child had sold him/herself for sex. There had been a previous instance where a teenage boy, hence called “Charles”, had prostituted himself on a gay website to earn money to buy designer goods. 5 gay men accepted his proposal; they have since all been convicted for it. Child prostitution and pedophilia will always be present in any society, even the most developed ones with the best social welfare programs. According to news reports, “Charles” did not come from a family in financial difficulties; he was simply materialistic. Khairulhizam’s victim on the other hand clearly came from a family in financial distress, otherwise she wouldn’t be desperate enough to sell herself to feed her family. What Khairulhizam and the 5 gay men did, preying on young children, was shocking and disgusting. Far more shocking and disgusting though is the fact that unlike “Charles”, “Mariam” was not selling herself to buy designer goods her family couldn’t afford; she did it out of love for her family and desperation to feed her siblings. This is something that shouldn’t happen in a First World nation like Singapore, but it did nonetheless. How many other families out there are in similar circumstances as “Mariam’s” family? Are such families on public assistance, or have they applied for it but were rejected? For that matter, are they even aware of the existence of such public assistance programs? When PM Lee announced that GST will be raised from 5% to 7%, he justified it by saying that the money raised will be used for such public assistance programs. However, when PAP backbencher Dr. Lily Neo called for public assistance to be raised by $100/- per month from $300/- to $400/-, MM Lee curtly told her off and said that welfare programs will create a crutch mentality among the needy. When Dr. Neo, one of the few PAP MPs who show genuine concern for the needy and less-fortunate appealed to MCYS Dr. Vivian Balakrishnan to “at least ensure that the poor can afford three meals a day”, he condescendingly asked her “and where do they expect to eat their meals, in a hawker center, foodcourt or restaurant?” The amount was eventually raised by a paltry $30/- per month including 20% CPF deduction. Or in other words, the actual amount of money that the low-income families received was only $324/- per month after CPF deduction. At $324/- per month, this will work out to $64/80 per person per month for a typical family of 5. Assuming that a typical month consists of 30 days, this works out to less than $2/20 per person per day. Given that nowadays, even the cheapest packet of fried noodles or vermicelli from an economic rice & noodle stall costs 80 cents, this means that a person will need a minimum of $2/40 per day to have three meals a day. This is assuming that the person eats nothing but fried noodles three meals a day everyday, something that scarcely constitutes a balanced diet. Exactly how Dr. Balakrishnan, a medical doctor by profession came to the conclusion that $324/- per month is sufficient to ensure three meals a day for truly needy people is a mystery. More unbelievably, while the government refuses to provide a comprehensive social security blanket for needy locals, Dr. Balakrishnan has a kitty worth $10,000,000/- dollars to help foreigners integrate themselves within Singapore. Why the government sees it fit to provide public assistance to foreigners to acclimatize themselves to the country when these people chose to come here of their own free will when it steadfastly refuses to provide anything more than the bare minimum to needy locals is something known only to themselves. Nor is MCYS’ $10,000,000/- budget for integrating foreigners the only benefit they get at the expense of locals. For example, PRC scholars are provided with free English language lessons at taxpayers’ expense so as to bridge the gulf in standards between themselves and locals. Given that English is the fundamental building block of the local education system, this means that the PRC students must be struggling in school and are thus unworthy of their scholarships. Why the government is willing to provide free education to PRC students while doing just the bare minimum for needy locals is something only they can understand. This contradiction becomes even more pronounced when one considers that Dr. Balakrishnan actually told a university student at a forum that foreigners are absolutely necessary because otherwise in 20 years time, locals will need to pay significantly higher taxes to provide just such a social security blanket for the elderly. The question that the students should have asked him at the forum but failed to do so is this: why should locals pay significantly higher taxes for the government to provide a comprehensive social security blanket when they have steadfastly always refused to do so because “it would create a crutch mentality”? Actually, by increasing public assistance by $30/-, this works out to an expenditure of $900,000/- per month more, assuming that there are 30,000 families on public assistance. This will work out to a total of $10,800,000/- more per year, a sum the government can easily afford without having to raise taxes. At the very most, the Prime Minister can always abolish such redundant posts as Senior Minister, Minister Mentor and 1 Deputy Prime Minister. After all, these posts didn’t exist before, proving that they’re entirely unnecessary. This will save $9,000,000/- per year, meaning that the actual increase in expenditure for public assistance programs will be only $1,800,000/- per year. So what exactly was the money collected from the increase taxation used for? Probably to pay for cost overruns on the two integrated resorts; it was definitely used to fund massive pay increments that the government awarded itself. Adding insult to injury, in this year’s Budget, it was announced that GST may rise up to 10% and ministers given a pay increment of up to 8.8%. So what will the extra money be used for, besides increasing their own salaries? According to Finance Minister Tharman Shanmuguratnam, some of the money will be used to retrain locals “to improve their productivity”. Obviously nobody told him that all the retraining in the world is worthless when one cannot get a decent paying job because of low cost foreign workers. The obvious solutions to problems like “Mariam’s” lie in comprehensive social security blankets and poverty alleviation programs. Yet these are the very things that the government refuses to implement because “it would create a crutch mentality among the poor”. This is even more ludicrous when one considers the government openly encourages locals to donate to private charities when this will also create the same sort of “crutch mentality” among them. One cannot help but think that the real problem isn’t the government’s fear of creating a “crutch mentality” among needy locals, but rather their plain refusal to help them. P.M. Lee once said “no Singaporean will be left behind” as long as he is the Prime Minister. He also said “Singaporeans will always come first” for him. One cannot help but wonder if “Mariam’s” parents still believe him after what happened to their daughter.   Other articles by Tan Keng Leng: 1. 10 reasons why Singaporeans will never come first in PM Lee's administration 2. Open letter to PM Lee expressing unhappiness at his pro-foreigner policy  Read More →

Wong Kan Seng urged Singaporeans to be realistic and more tolerant of foreign workers

Wong Kan Seng urged Singaporeans to be realistic and more tolerant of foreign workers

Written by Our Correspondent After opening the floodgates and allow Singapore to be swarmed by foreigners without any proper screening or planning, Home Affairs Minister Wong Kan Seng is now urging "Singaporeans to be realistic and more tolerant of foreign workers." During his speech on the Budget, Mr Wong said: "Singaporeans need to be realistic and fair-minded. While we want foreign workers to do the less pleasant jobs and contribute to our economy, we cannot also expect them to stay away, during their off days, from public places and shopping malls where we frequent, or not to take public transport to work." The foreign talent and immigration issues have become hot topics of late with many Singaporeans voicing their unhappiness and anger against the ruling party for its misguided policies. Though Singapore needs foreign workers to take up jobs shunned by locals, the onus is on the government to beef up the infrastructure to ensure that it is adequate to accommodate the increase in population. Due to poor planning and lack of foresight, too many foreigners are allowed into Singapore within too short a period of time, leading to overcrowding at public spaces and transport. Mr Wong claimed that foreigners contribute to Singapore's economic growth "which have raised the quality of life for all Singaporeans." According to a UBS report released last year, Singapore has the lowest domestic purchasing power and wages among the Asian Tigers and have a standard of living comparable to Russia. (read article here) It is ranked by the Economist Unit as the 53th best place to live in the world below the likes of Japan, South Korea, Hong Kong, Australia and Canada. "Economic growth has also enabled us to accumulate reserves in good times, which we have been able to rely on to sustain and support Singaporeans during lean and tough times," he added. Singapore's two sovereign wealth funds Temasek Holdings and GIC was reported to have lost billions of dollars of reserves in failed overseas investments, the exact amount loss remains a mystery to this very day. Mr Wong ended his speech by reminding Singaporeans that "the integration of foreigners and new immigrants is an ongoing journey and takes a long time." "It cannot be rushed. It needs the directive and active involvement of both Singaporeans and new immigrants," he was quoted as saying in the Straits Times. Since this is so, why then did the PAP accept so many foreigners at the same time which makes it even more difficult to integrate them now as they tend to congregate within their own communities? Mr Wong should be more realistic and not expect Singaporeans who are one of the most tolerant people in the world to make unnecessary sacrifices anymore to pay for the juvenile mistakes made by the PAP.  Read More →

FDI and Local Entrepreneurship in Four Asian Economies – Entrepreneurship in Asia and Foreign Direct Investment

FDI and Local Entrepreneurship in Four Asian Economies – Entrepreneurship in Asia and Foreign Direct Investment

By Martha Lagace from Harvard Business School Foreign Direct Investment (FDI) is often lauded for bringing economic growth and know-how to developing countries. The conventional wisdom is not necessarily wrong, but the real story is much more nuanced than is commonly believed, says HBS professor Yasheng Huang. As he is discovering in new research, the relationship that exists between FDI and local entrepreneurship in Asia may be one important reason why certain Asian countries developed differently from others, despite surface similarities. This angle on FDI may offer a window into why Singapore and Malaysia, for instance, seem to be worried about the ascendance of China, while firms in Taiwan and Hong Kong have reaped enormous benefits from Chinese economic expansion, according to Huang. He presented his new research proposal to an audience of faculty and doctoral students at an HBS International Seminar on May 17. According to Barron's Business Terms, FDI is "investment in a country by foreign citizens, often involving majority stock ownership of an enterprise." Huang is looking deeper into how and why FDI played quite different roles in these four economies in Asia. While cautioning that this research is just getting underway and is not conclusive, Huang believes that the study of FDI in the context of local entrepreneurship in Asia deserves a closer look. "I'm not claiming local entrepreneurship is the only determinant of FDI," he said, "but it could be an important determinant that is often ignored." Read rest of article here  Read More →

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