Shouldn’t MTI Receive a POFMA for Their Misleading Presentation of Growth Statistics? Growth is Slowing Down Not Speeding Up
On Friday 12 April the Ministry of Trade and Industry (MTI) put out a press release headlined “Singapore’s GDP Grew by 2.7 Per Cent in the First Quarterof 2024″. The […]
Dear PM Lee, Don’t Shed Crocodile Tears About Singaporeans Having Too Few Children
In your CNY message, you express the hope more Singaporeans will try for a baby in the Year of the Dragon. You note that TFR rates have been declining in […]
Is DBS’s Fantastic Profitability Due to Its CEO’s Ability or Its Dominant Share of Its (Protected) Home Market and Its Gouging of Singaporean Consumers?
Today DBS announced that its net profit for 2023 rose 26% to $10.3 billion and its return on equity rose to 18%. CEO Piyush Gupta and DBS management awarded themselves […]
Is a Realistic Measure of the Size of Singapore’s Economy Only About Half What the PAP Government Says It Is?
I remember discussing Singapore’s development strategy with my Economics Director of Studies at Cambridge University, Professor Ajit Singh, in 1983. He said Singapore had pursued a similar strategy to Ireland, […]
Singapore is Reeling from the Latest Money Laundering Revelations
If you’ve been reading my blog you will know that Singapore’s blasé attitude towards abiding by legal norms and processes is a theme of mine. You may remember the Panama […]
Singaporeans MAS’s $31 Billion Loss Should Concern You but the Lack of Spending Should Concern You More
A lot of Singaporeans are commenting on MAS’s $31 billion loss for FY 2022/2023. This loss was largely due to exchange losses on its holdings of foreign securities which would […]
If Everything Is Rosy, as MOM Tells Singaporeans. Then Why Are So Few Citizens Working?
On 15 March Ministry of Manpower issued a statement on labour market developments in 2022 that was dutifully reported on by LHL’s dedicated media monopoly aimed at ensuring his re-election […]
I Showed the GDP Growth Statistics Were Fake. This Is Why You Shouldn’t Trust the Employment Figures Either!
More fake news on Wednesday from LHL’s personal propaganda arm (paid for with your money to keep him corruptly in office and him and his family drawing certainly millions and […]
More Fake News From LHL’s Re-Election Team at His Personal Statistics Department and Media Monopoly
Yesterday the Government announced and state media reported that the economy had grown by 4.4% in the second quarter on a year-on-year basis. This was itself a slowdown from the […]