We must move up the Value Chain rather than give up on Manufacturing.
The release of the unemployment statistics two days ago brought home the folly of current policy. http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_761247.html While the government prided itself on creating 121 thousand jobs last year two-thirds […]
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 […]
A Circular Argument by Massagos in Favour of Slave Labour
Minister of State Zulkifli Massago’s was reported today(http://www.todayonline.com/Singapore/EDC111214-0000085/National-Servicemen-may-be-deployed-to-safeguard-rail-network–Masagos) as saying that , with the expansion of the MRT and the opening of 12 new Circle Line stations the Government was […]
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). […]