Where have our reserves gone?
“Let me tell you the truth, as spending increases significantly sooner or later taxes must go up too.” Thus spake the PM in his National Day Rally Speech. Apart […]
In Search of Answers: My Correspondence with The Statistics Department
Whilst I continue with my attempts to hold the MOF up to proper scrutiny, we must not forget the discrepancies in our Budget. I have decided to make the following exchange of correspondence available as a public […]
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 […]
You’ll be dead before you can spend it! Singaporeans enter the 20th year of unnecessary, self -imposed austerity.
Watching the Euro-zone unravel has so far almost been like a moral fable for Singaporeans. Be honest! Who out there isn’t feeling a sense of Schadenfreude? The original Greek or […]
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). […]
What’s up Doc?
012: What’s up Doc? Or who needs a carrot when you own the farm? In a report in the ST dated 5th Feb 2011*, PM Lee is quoted as saying, […]
The Ricebowl Singapore (TRS) 