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 […]
Bombshell! Heng Confirms What I’ve Always Suspected: The Government Is Hiding Most of the Reserves from Singaporeans
In his interview with CNA on Wednesday Finance Minister and Seatwarmer-in-Waiting Heng said that Singapore’s financial position will be “a lot weaker in the coming years.” In my last blog […]
Why Heng Must Self Issue Himself and His Subordinate Indranee Rajah with a POFMA
Today in a Facebook post Indranee Rajah, Second Minister for Finance (why do we need not one but two Second Ministers? just another example of the Government’s bloated bureaucracy), claimed […]
Excessive and Disguised Government Saving Has Harmed Singaporeans for Decades. It’s Long Past Time We Demanded and Got Transparency on the Reserves.
I have just seen an article by Manu Bhaskaran and Linda Lim (BL) from a couple of days ago. This article summarises many of the themes and ideas in my […]
In A Heartwarming Story Amid Covid-19 Low Income Singaporeans Donate Billions of $ To Allow an Elderly Woman To Pursue Her Social Media Hobby
Yesterday Temasek announced that its philanthropic arm, Temasek Foundation, would be providing “300,000 meals to around 2,750 people in need who have been affected by the Covid-19 pandemic.” Their statement […]
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 […]
Heng Swee Keat’s Truly Terrifying Slip About Our Reserves.
Heng Swee Keat has chosen not to reply to my open letter of Friday which I think we can all agree is very rude and speaks volumes about the Government’s […]
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 […]
NRIC: S1396458J