Singapore has fared very well in two international rankings recently. Hot on the heels of Singapore's stellar showing on the Human Capital Index (HCI) released by the World Bank, Singapore has also come in at second place in the World Economic Forum's (WEF) competitiveness rating. Less salubrious is the nation's results in the Commitment to Reducing Inequality index (CRI) released by Oxfam …Read More »
4G Leadership display the misguided arrogance that is built not on their own efforts but on the efforts of those that have come before.
Finance Minister Heng Swee Keat (Heng) may have denounced Oxfam's findings that Singapore fares dismally in its measures to combat income inequality, he was light in detail as to why Oxfam's report was inaccurate. While Heng may have clocked his disappointment at Oxfam's report, what is the basis of his disappointment? That it reflects badly on the Peoples' Action Party …Read More »
Bilateral relations between US and China a greater concern for Singapore than developments in Malaysia, says Minister for Foreign Affairs
Although Singapore does not deny the significance of developments taking place in Malaysia, the Republic is primarily keeping an eye on developments concerning bilateral relations between the United States and China for the time being, said Minister for Foreign Affairs Dr Vivian Balakrishnan. Speaking to Malaysian journalists at the 12th Malaysian Journalists Visit Programme in Kuala Lumpur on Tuesday (9 …Read More »
Despite having virtually zero political power, the office of the President is still an office that is imbued with prestige in Singapore. The President is after all, still the official head of state in Singapore and that position in itself carries an air of dignity. With that in mind, I query if it is appropriate for our current President to …Read More »
Tharman’s indignance is misplaced – Lacking focus on spreading the fruits of economic growth more evenly.
While I would agree with Deputy Prime Minister Tharman Shanmugaratnam (DPM) that the ability to operate a sustainable level of current account deficits will be helpful for economic growth in countries, I would stop short of calling it crazy that the trend these days is for countries to consider deficits a "sin". Looking at the way world events have transpired, …Read More »
What does the low Commitment to Reducing Inequality Index say of PM Lee’s pre 2015 election promises?
While Singapore has topped the Human Capital Index (HCI) released by the World Bank, it also leads up the rear in the Commitment to Reducing Inequality (CRI) Index. On the face of these results, it would appear that while Singapore equips the well educated and savvy citizen onto better and greater heights, it does not support those who fall through …Read More »
PM Lee gives comment on positive World Bank’s report on SG but remains mum on negative Oxfam’s report
At the Human Capital Summit dialogue in Bali yesterday (11 Oct), PM Lee said Singapore must continue to evolve its policies in education and healthcare even as the country topped global rankings which cover these areas. He said that despite the progress made in these fields, “the job is never done” as new expectations and new challenges will develop. This …Read More »
Opposition member Lim Tean posted a message on his Facebook page today (11 Oct) highlighting that in the recent Oxfam Inequality Report, Singapore in fact, came in last in terms of government policy on progressivity of taxation. Mr Lim also noted that this ran contrary to what Heng Swee Kiat said last December at the Straits Times Global Outlook Forum …Read More »
Seetoh discloses more dubious practices by SEHC operators and urges govt to take back hawker centres
Food guru KF Seetoh from Makansutra wrote an open letter to Senior Minister of State Dr Amy Khor on Tuesday (9 Oct) imploring her to preserve Singapore's public hawker centres. In essence, Mr Seetoh is against the government appointing a 3rd-party, the so-called "social enterprise" operator, to run publicly funded hawker centres. In his letter, he told Dr Khor that …Read More »
Below is a blog post by the Singapore Democratic Party (SDP) It was reported yesterday that minorities are having a hard time selling their flats because, under the Ethnic Integration Policy or EIP, they cannot sell them to Singaporean Chinese families under certain conditions. This means that they are only able to sell the flats to people from minority races, a situation …Read More »