Budget 2021- Not Enough Stimulus in FY2020, Premature Withdrawal of Aid in FY 2021 and Not Enough Help for Singaporeans
FOR IMMEDIATE RELEASE Inadequate Stimulus in FY2020 In my last blog post, written just before the Budget presentation, I pointed out that the economy had suffered as a […]
Well Done GIC for Investing in DoorDash ! Too Bad for CPF Holders Who Don’t Get to Share the Profits
Two days ago the US online food delivery company DoorDash debuted on the New York Stock Exchange and its shares popped by 86% though today they have come off nearly […]
Lee Hsien Loong Is Telling Porkie Pies If He Pretends RCEP Is a Big Deal Without the US
On November 15, Lee Hsien Loong and Chan Chun Sing signed the Regional Comprehensive Economic Partnership (RCEP). For those who might not be aware what this is, the RCEP links […]
Singapore Fact Checking Website Refutes Ho Ching Salary Claim Without Giving Facts.
Some Singapore watchers might be forgiven for thinking that Heng Swee Keat is Ho Ching’s house elf. Somehow yesterday this civil servant got the Finance Minister and the Deputy Prime […]
Things That Make You Go “Err”: According to Taiwanese News Ho Ching Is Paying Herself a Cool US$100 Million a Year Out of Public Funds
Despite being an unelected public servant appointed as CEO of Temasek by her husband, with a track record that would have got her fired long ago at a private equity […]
Rather than Cyber Bully Ordinary Citizens, the Minister of Finance Needs To Be Transparent About Temasek, GIC, Our Reserves and the PM’s Wife’s Pay: An Open Letter to Heng Swee Keat
3 April 2020 Heng Swee KeatMinistry of Finance100 High Street#06-03 The TreasurySingapore 179434 Dear Swee Keat It has been many years since we were together studying Economics at Cambridge. I […]
What Foreign Pundits Really Mean When They Say Singapore Is “Small Government”
On Saturday Adrian Wooldridge, Political Editor of the Economist and author of the Bagehot column, made the following extraordinary comment about Singapore in a tweet: Singapore’s effectiveness in treating Covid-19, […]
Singaporeans Should Not Just Worry About Their Jobs. Courtesy of the PAP, Their Supposedly Safe Savings Are At Risk Too
With European equity markets down over 40% and US markets down over 35% Singaporeans must be wondering what has happened to our reserves. LKY always claimed that Singapore’s success was […]
UNfactually: How the Singapore Government Tries to Bully Citizens into Accepting Misleading Statistics and Fake News
With the election is supposedly just around the corner and the new Protection from Online Falsehood and Manipulation Act (POFMA) just having become law, the Prime Minister must have been […]
The Ricebowl Singapore (TRS) 