US Tax Reform Could Raise US GDP by 1.4%. But How Much Will It Lower Singapore’s GDP?
The Republican tax plan is now almost certain to become law by the end of this year. As I write it has been passed by the Senate and the House […]
Another Wayang From Our Fake News Government
Two days ago the State Times, our Government Fake News Mouthpiece, announced proudly that Singapore was rolling out its first electric car-sharing programme in conjunction with the Bollore Group. Khaw […]
Heng Swee Keat Studied Economics With Me at Cambridge. Yet These Days He Seems to Have Forgotten Most of What He Learnt in His Eagerness to Parrot His Master
Recently I put out a blog article questioning why PM Lee needed to raise taxes, “Hey Lee Hsien Loong, Where’s Our Money Dude”. I pointed out that given the size of […]
Broadcom’s Move Back To The US Spells Trouble For The PAP’s Economic Strategy
Today the WSJ reported that Broadcom, a major semiconductor company, announced that it was moving its headquarters back to the US. It had become a Singaporean company after it was […]
Does China Have What It Takes to Lead The Global Economy?
I just saw a headline in the WSJ, “China Says Prepared to Lead Global Economy if Necessary“, quoting a diplomat in the Chinese foreign ministry’s office of international affairs. President […]
Trump’s determined to take no s**t from China and that spells trouble for Singapore
Newspaper headlines have been dominated by Trump’s decision to take a congratulatory phone call from the President of Taiwan, Tsai Ing-wen. This has upended decades of US foreign policy consensus, which […]
Hungary is first off the mark in race to cut corporate taxes to zero. Will Singapore follow suit?
Before the election Trump promised to cut the US corporate rate to 15% and impose a special 10% tax rate on profits repatriated to the US by American corporations. The […]
Why a Trump victory may not be good for the PAP
Lee Hsien Loong was quick to send his congratulations to Donald Trump after his surprise win over Hillary Clinton. Well a surprise to him but I saw it coming. A […]
There Are Bigger Things to Worry About Than a Shrinking and Ageing Population
Yesterday Japan announced that its population had shrunk by nearly a million in the last half decade (see the NY Times article here) . The Ministry of Internal Affairs and […]
The Ricebowl Singapore (TRS) 