MHA responds to Pritam Singh’s death penalty commentary and points out errors

CSA, Pritam, Singh, Issue, Court, PP, CNB, Drug, Death, Penalty, MHA

The Ministry of Home Affairs (MHA) has on Tuesday (6 September) responded to a commentary by the Leader of the Opposition, Pritam Singh, on the death penalty in Singapore, which was published by Today (“Death penalty for drug trafficking should stay, but certain aspects of drug law can be improved”) Broad agreement MHA noted that […]

GST from tourists. Why not? In 2019, tourism receipts was $27.7 billion

GST, tax, system, benefits, contribute, lawrence, wong

Now that our borders are open, tourists will start to come back and we will be able to collect revenue from tourists’ spending through the GST. In pre-COVID time, the bulk of net GST collected came from tourists and foreigners residing here, in addition to high income earners. At least 60% in fact. 19 million […]

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 […]

Did Workers’ Party propose more than one way to dip into strategic reserves?

reserves, generation, spend, future, wp, nirc, land, sale, proceeds, grow, propose, increase, netizen

Did Workers’ Party (WP) propose more than one way to dip into Singapore’s strategic reserves? Yes they did. WP in fact, proposed 2 ways to dip into our strategic reserves for recurrent spending: direct use of land sale proceeds and increased use of NIRC. Land sale proceeds Singapore’s reserves include physical assets like land. Currently, […]