TR EMERITUS

So it’s official: Singapore’s Prime Minister has his doubts on raising wages in the country, because other countries, like the Philippines, are cheaper. The argument isn’t new: If we raise wages without raising productivity, companies will move out and Singapore will be hit with unemployment big time. But if we improve... 

The question I have gotten most often throughout my series on Singaporean public finances is: what does this mean for Singaporeans?  It certainly isn’t good but I doubt it is as bad as it could be. Let’s start with the bad news first.  Singaporean public finances display very worrying characteristics throughout their... 

Let’s examine this argument or what Prof. Christopher Balding like to call it the “the $500 billion question”. Based on our understanding and behavior of our PAP government, this sum they are saving for all Singaporean at all. I doubt so. As a Singaporean lived and bred here, I never make-believe in this government at...