In Singapore We Supposedly Have $3 Trillion Reserves But A Government That Prefers You Die Than Get Sick
Yesterday I posted about the tragic case of the severely disabled senior citizen living in a one room rental flat whose full time carer son died suddenly in his sleep […]
Dear Minister Ong Firstly my commiserations on missing out on becoming the interim seat-warmer in waiting (at least until your boss LHL, whom you served loyally as PPS from 2002 […]
Indranee Rajah Misleads Parliament by Falsely Claiming Singaporeans Will Be Protected from the GST Hike for 5 Years. Should She Be Referred to the Committee of Privileges?
In his New Year Message PM Lee Hsien Loong said that “the Government will have to start moving on the planned hike in Goods and Services Tax (GST) in Budget […]
In my last blog I satirized the fact that, instead of regular cash dividends from Singapore’s massive and secret pile of financial assets (which I estimated here could theoretically be […]
SoftBank Just Announced It Lost US$54 billion on its Chinese Investments. How Much Has Temasek Under Ho Ching Lost?
On Monday SoftBank, the Japanese technology investor, announced that its net asset value had fallen by the equivalent of US$54 billion in value in just three months, or more than […]
The last few days have seen a savage sell-off in Chinese tech stocks that has wiped hundreds of billions of dollars off their market capitalisation. The Hang Seng Technology Index […]
Shanmugam Says “Singapore Will Fail If Racism and Xenophobia Take Root” Directly Contradicting LKY’s Theory That Racial Superiority Was the Main Reason for Singapore’s Success
Singapore’s leaders were absolutely right to condemn the racist attack against an Indian Singaporean last week. LHL said on Facebook that the attack “goes against everything that our multiracial […]
Heng’s Desperate Attempts To Deceive Singaporeans End Up Revealing Enormous True Size of the Reserves
During the Budget Debate on Friday 26 February Heng was asked about using the proceeds from land sales in the Budget. His answer was deliberately disingenuous: “The current approach of […]
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 […]