How dangerous are Trump’s tariffs to Singapore?
Anybody who can predict the future could make a lot of money.
Economy
29 Posts
Trump’s tariffs may be a golden opportunity for Singapore
Donald Trump may have just helped Singapore to become an even more attractive place to do business.
Everybody sneering at training for cleaners should be sent to work as one for a year. Without training.
Why is it that so many people in Singapore (but everywhere else too, really) think they know how to run an entire country? And why so many are so eager to comment without reading? Someone posted a screenshot of a Skills Future training course on cleaning toilets and widespread netizen
The total size of Singapore’s reserves doesn’t really matter
Last week we were able to witness another disturbing attempt to justify raiding Singapore's reserves by local opposition parties. Since raising taxes is unpopular and opposition politicians have no idea how to generate more money to fund their generous populism that aims to rob PAP of votes, it&
One last time: why is Singapore increasing GST?
Nine percent GST rate is upon all Singaporeans, starting January 1st of 2024. Here's, one final time, one chart and two reasons which explain why the tax is going up. Reason no. 1: the society is getting older, requiring higher expenses i.a. on healthcare from the national
Has Jamus Lim commented on Norway’s wealth tax driving the rich away?
Remember Jamus Lim proposing wealth taxes of up to 2% for Singapore? Well, this is what has just happened in Norway, after the government bumped the local wealth tax rate by 0.1%. Norway is one of the few countries which is taxing wealth, at a combined rate of 1%
Jamus Lim is working his way towards a POFMA
Dear Jamus Lim: why do you lie? How do you get up in the morning and look in the mirror knowing that you're about to start another day shamelessly misleading millions of Singaporeans, going as far as abusing your parliamentary privilege to spew outright falsehoods, only to play
Will Pritam Singh ever acknowledge the existence of objective figures?
So, Pritam Singh chose to grandstand again, this time preaching about the dangers of division of the country into two Singapores. To fight it he urges more wealth redistribution! And then he chose to circulate what I'm sure his party colleague would call "folksy wisdom", that
What happens to the money paid to HDB?
I'm often wondering what drives people who are rabidly populist. Is it some sort of thirst for power or merely unbelievable, self-assured ignorance? Regardless of the motivations PSPs "Telegrampa", Leong Mun Wai appears to be at it again, desperately trying to attack the most successful public
No, Singapore is not the most expensive place to live. Not even close.
This is why I hate "journalists". Some years ago people at the Economist had a decent idea to create a tool for comparing living costs for EXPATS in different, major cities of the world, to allow companies estimate complete relocation and employment expenses. Of course, with time they
There’s one alternative to GST hike that nobody is talking about
So far, the only alternatives to the impending GST hike in Singapore are based on taking money from somewhere else. But what if there was one that didn't require any new taxes or draining the reserves? In fact, what I'm about to point to is one
How can we make sure the GST hike is absolutely necessary?
So, the amendment of the GST bill is proceeding through the parliament, meaning the hike is just around the corner. And, I know, we've been through this topic many times already. We've heard it all from politicians (both PAP and opposition) arguing for and against the