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Tag: economy

The Truth about that IMF Loan

Yesterday I received confirmation from the President’s office that his permission had not been sought for our republic’s loan to the IMF. So now we know three things in addition to the recent confirmation by the President. […]

Royal Elephant Shoots Part 2

Yesterday I wrote about the PAP government’s willingness to bail out the Eurozone with generous contributions to the IMF’s lending facility (http://sonofadud.com/2012/04/25/659/). Yet a US$4 billion loan (which represents more […]

Immigration is the Elephant in the Room

Yesterday the ST gave us a centre-page spread by two vice-presidents of the Economics Society discussing the rise in inequality in Singapore. The fact that one of them is the […]

Average 2.8% Dec '09 - Dec '10 4.6%

Should we worry about inflation?

Recently there has been much concern over rising inflation in Singapore. Looking at the Consumer Price Index (CPI) the average figure for the year 2009-2010 was 2.8% (shown in blue). […]

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