Daily Archives: 2011-02-03

Local jobs up 12,400, foreign jobs up 62,500?

by Leong Sze Hian I refer to the Ministry of Manpower’s (MOM) “Employment Situation in Fourth Quarter 2010” report released on 31 January. It states that “Local employment grew by 54,200 in 2010, exceeding the 41,800 gains in 2009. With the strong economic recovery and higher demand for manpower, foreign employment increased by 58,300 in 2010, after declining by 4,200 …

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How to Create A Housing Bubble

The following article first appeared in Reinventing the Rice Bowl Why cooling measures and subsidies offer no solutions to rising prices and declining fertility by Kenneth Jeyaretnam The question I’m most asked by Journalists is, “What are the issues this coming election?” The answer I most often give is that they haven’t changed that much from the previous election. There …

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Health Minister “不三不四”? (Neither here nor there)

by Leong Sze Hian On 29 January, the Ministry of Health (MOH) organised a dialogue with the Health Minister, with Mayor Dr Amy Khor as the moderator. Right from the very beginning of the dialogue, when a healthcare worker asked whether Medisave could be used for cardiac rehabilitation because they could not afford the $20 or $30 per visit, the minister’s response was about …

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Income Inequality & How to Not Fix It

by Davin Ng The spectre of income inequality (“the rich get richer, the poor get poorer”) has never been greater in recent years. This is not a problem confined to just Singapore, but a good chunk of the developed world as well. The dialogue of income inequality has been raging across the media in the US, UK and even China. …

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