Can Singapore borrow to fund soft capital like education: Jamus Lim

infrastructure, borrow, fund, education, public, services, spending, expenditure, soft, Jamus Lim

Sri Lanka’s financial crisis didn’t happen overnight. It began harmlessly enough. Sri Lanka operated budget deficit after budget deficit. Instead of taxes, they borrowed at commercial rates to fund public services. Everything was okay as long as they were able to repay the loans and interests on time. But when their sovereign credit rating was […]

Nagaenthran: mentally-disabled or capable of deliberate manipulation and evasion?

Nagaenthran, drugs, know, kirsten, han

More than 10 years after Nagaenthran was convincted of drug trafficking on 22 Novermber 2010, he was finally hanged on 27 April 2022. As usual, human rights activists like Kirsten Han and Jolovan Wham, supported by their international friends, have been having a full day exploiting the hanging for their own agenda, painting the picture […]

Lessons from WP on how to keep the golden goose lean and thin

spend, goose, land, Singaporeans, future, income, WP, budget, generate, proceeds, well-being, fat, generation, people's, raise, reserves, sale

The Workers Party (WP) which opposes the GST hike, proposes to raise revenue to fund increased spending in the following ways: Use land sale proceeds to fund budget spending; Increase NIRC ( Net Investment Returns Contribution) from 50% to 60%. Point 1 Currently, proceeds from land sales are already being used – indirectly – for budget […]

Sylvia Lim’s Apple phone hack warning and the political games she plays

Lim, Phone, Police, Shanmugam, hack, agency, minister, government, parliament, Singapore, approach, examination, forensic, report, state

Singapore state agencies did not hack WP Sylvia Lim’s iPhone, Law and Home Affairs Minister K Shanmugam told Parliament on Friday, 18 Feb. The Minister’s response came after an exchange between Ms Lim and Minister of State for Home Affairs Desmond Tan on the government’s use of spyware. Ms Lim said she had received a […]