Dear Lawrence Wong, Until You Provide Some Transparency Over the Reserves and the Surplus There’s No Reason to Believe Your Claims That the GST Hike Was Needed
Yesterday the PM defended the GST hikes in Parliament after Pritam Singh said they had “turbocharged” inflation. The GST hikes were generally quickly reflected in higher prices, given the oligopolistic […]
Is MAS’s Promise to Invest $5 Billion in Singapore-Listed Companies to Benefit the Local Stock Market or Friends of the PAP?
On Friday 21 February state media carried an announcement from MAS that it will launch a “new S$5 billion programme that involves putting money with fund managers focused on investing in […]
Leong Mun Wai Famously Described PSP to Me as PAP. Now It Seems He’s Shamelessly Turning It into Reform Party
Back in 2020 I held a Zoom meeting with Dr Tan Cheng Bock (TCB) from PSP. Also on the call was Leong Mun Wai (LMW). Together with me representing Reform […]
Dear Lawrence Wong Stop Talking Like You’re a Hot Shot Investment Banker and Start Explaining to Singaporeans How the Reserves Benefit Them
CORRECTION NOTICE: This article dated 22 October 2023 contains false statements of fact. For the correct facts, click here: https://www.gov.sg/article/factually021123 According to a state media report recently LHL’s anointed seatwarmer-in-waiting, Lawrence Wong, […]
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 […]
Despite Dismal Trade Figures PAP Continue to Squeeze Singaporeans to Build Up the Stock of Foreign Reserves
Today Enterprise Singapore released the latest trade figures showing that non-oil domestic exports (NODX) declined on a seasonally adjusted month-on-month basis by nearly 15% while year-on-year exports declined by almost […]
Dear Lawrence Wong, Don’t Try to Scare Singaporeans by Talking Cock About Welfareism. Stop Lying and Shed Some Light on the Black Hole of the Government’s Finances and on Who Benefits From This Lack of Transparency
Lawrence Wong (LW) was doing what he does best: spreading disinformation and falsehoods in Parliament on Monday. He claimed that Singapore under the PAP would never succumb to populism and […]
Never Mind the Conflict of Interest! Tin Pei Ling Proves Once Again That Joining the PAP Is A Smart Career Move
News today that Tin Pei Ling was joining Grab as Director of Public Affairs and Policy. TPL was last seen spreading disinformation and fake news during the pandemic. She misleadingly […]
The Mystery of Why the Government Wants HDB To Make a Loss Solved
Recently the PAP have made use yet again, in a typically arbitrary high-handed and arrogant manner of their authoritarian POFMA law. LHL and his Government find this a brilliant tool […]
The Ricebowl Singapore (TRS) 