Current Affairs

Economy bounces back, but…?

The following is an excerpt of an article first published in East Asia Forum by Mukul G. Asher The 2008 global crisis and its aftermath have not adversely impacted Singapore’s medium term growth performance. After only 1.4 per cent growth in 2008, and negative 2.0 per cent growth in 2009, the economy rebounded strongly in 2010, with the most recent …

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Further tax burden to enhance our social safety nets

The following is an excerpt from an article posted on VotingRP by Tony Tan In the recent Community Care Endowment Fund (ComCare) appreciation lunch on 2 Dec 2010, PM Lee spoke on the government’s approach to boost our social safety nets. PM Lee said that we should not create a handout mentality and impose a tax burden that would prove …

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Capital’s war against WikiLeaks

The following is an excerpt of an article published in Al Jazeera by Mark Levine When your Swiss banker throws you overboard, you know you’ve made some very powerful enemies. Long famed for hiding money for everyone from Nazis and drug lords to spies and dictators, the Swiss government’s banking arm has decided that WikiLeaks and Julian Assange are just …

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New Zealand’s defense model: An example for Singapore?

by Ajax Copperwater In May 2010, I wrote about Costa Rica, a country that has maintained its sovereignty without a military since the beginning of the Cold War. However, Costa Rica is not a model for Singapore. The latter needs a military presence as it is situated beside the world’s most important waterway for world trade and thus, it has …

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Electricity up: U-Save enough?

by Leong Sze Hian I refer to the article “Get up to $190 worth of HDB utility rebates in 2011” (ST, Dec 31), and the reports “Govt to give out S$80m of Utilities-Save rebates in 2011” and “Electricity tariffs to go up next year” (Channel News Asia, Dec 30). Electricity increase Over the last three years, the domestic electricity tariff …

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The New Year that I would like to see

By Dr Wong Wee Nam It is no good for democracy for a country to be run by a monolithic political party. Neither is it good to have a ragtag army of small political parties running around unable to provide a coherent alternative, let alone forming a government. It is for this reason that for the past one year, I have been …

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Singapore’s ugly mangrove swamps

by Ron Yeo Dark, smelly, dirty, muddy, scary, mosquito infested, illegal immigrant infested… Ask the usual Singaporeans what they think of our mangroves, and these are some of the common responses. In fact, I even had a friend telling me that he did not like going to mangroves because he was afraid of snakes dropping down from the trees. Indeed, …

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Mas Selamat Fiasco – the worst govt boo-boo of 2010

by Joshua Chiang A recent conversation among my friends and some new acquaintances was quite telling. I was explaining how the ‘indigenous’ people of Southeast Asia are genetically not too far apart. In fact, the early inhabitants who settled along the Mekong River were proto-Malays. “So were they Muslims?” one of the acquaintances, a local Chinese, asked innocently. “No, Islam …

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Earnings drop for 2nd consecutive quarter

by Leong Sze Hian I refer to the Ministry of Manpower’s (MOM) Labour Market Third Quarter 2010 Report. Earnings Average (Mean) Monthly Nominal Earnings Singapore $ Per Employee, has continued to fall from $4,310 to $3,819 and $3,754, for the 1st, 2nd and 3rd Qtrs, respectively. With the economy booming and expected to be the fastest growing in the world …

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CPF Medisave Required Amount raised – what it really means

by Leong Sze Hian I refer to the article “CPF Minimum Medisave Amount to be raised” (Today, Dec 23). It states that- “From next month, the CPF Medisave Required Amount will be raised from the current $22,500 to $27,500. This is to enable members to have enough savings to meet their healthcare needs during old age”. This is an increase of …

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