All surpluses are given back to Singaporeans in different forms: Lawrence Wong

surplus, government, inflation, set, GST, inflation, NIRC

When WP Jamus Lim wrote in a Facebook post that ‘the government must not make money while citizens suffer’ he was just doing what an Opposition MP usually does, using emotive language to paint the government in a negative light even when it is not true. Thus he looks with glee upon the surpluses the […]

GST hike: will Singaporeans rise to the occasion with grit and determination?

Singapore, GST, inflation, challenge, climate, hike, world, care, rise, support

At the IMAS-Bloomberg Investment Conference earlier this year (9 March), SM Tharman Shanmugaratnam talked about the ‘perfect long storm’ that the world has entered, shaped by a confluence of many factors. It is an era of profound uncertainty and fragility. The world has been facing rising prices caused by the pandemic recovery and then exacerbated […]