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Current Affairs

New PM-in-waiting Heng Swee Keat supports 10M population and GST increase to 9%

The Prime Minister’s Office announced yesterday (23 Apr) that Heng Swee Keat would be promoted to Deputy Prime Minister on May Day. He will remain Finance Minister and continue chairing the Future Economy Council and National Research Foundation, PMO said. Current Deputy Prime Ministers Teo Chee Hean and Tharman Shanmugaratnam will relinquish their roles but remain in the Cabinet as …

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Buying trophy properties in a country

Before Chinese New Year, hubby told me he had prepared new banknotes and red packets like what he did every year. I also passed him the red packets from my relationship manager. “We can’t use those. Mine are special ones. I have to schedule an appointment at their priority banking branch in Orchard to collect these. See, they are all …

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Actions speak louder than words: What Warren Buffett’s balance sheet might tell us about the market

by ValueChampion Amidst the longest bull market in history, investors are constantly chattering about whether the market has reached its peak. While Warren Buffett has shied away from making commentaries about the market, here’s what one might infer from his actions. Amidst the longest bull market in history, investors are constantly chattering about whether the market has reached its peak. While many …

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The journey to financial freedom: My personal story

I just read the book Financial Freedom: Talks With People Who Don’t Have To Work Anymore. The author Gisela Enders interviewed seven Germans who generate enough income from investments to cover their living expenses so they no longer have to work for money. It was originally written in German and being translated into English. (Which European will talk to strangers …

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Sleepless nights for many political candidates following their defeat in Indonesia’s most recent presidential election

by Andri Sulistyo with Kiki Sirigar JAKARTA, INDONESIA — Political hopeful Yayat Abdurahman bet that he would be a winner among some 245,000 candidates in Indonesia’s huge election last week, but his dreams of public office are fading fast as the votes get tallied. So the stressed-out candidate checked into an Islamic healing centre where a cleric prayed for his …

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Tharman: Heng Swee Keat and the 4G team must carve their own way as leaders

Deputy Prime Minister (DPM) and Coordinating Minister for Economic and Social Policies Tharman Shanmugaratnam recently posted on Facebook regarding “a major step in leadership succession” taken today (23 April) for Singapore’s future. In an earlier announcement by the Prime Minister’s Office, Mr Heng Swee Keat will be promoted to Deputy Prime Minister with effect from 1 May 2019. It said …

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