World has to act against inflation before it becomes a serious problem: PM Lee
Inflation is rearing its ugly head, causing hardships in the world. Singapore is not immune to it. In April this year, Singapore Monetary Authority (MAS) tightened its policy, the third time in six months, as it aims to “slow the inflation momentum and help ensure medium-term price stability”. It also raised its forecast for core […]
HDB to buy back flats from owners constrained by ethnic (EIP) quotas
Can’t sell your flat because the Ethnic Integration Policy quota has been reached? No worries. A new option is now available. HDB will offer to buy back public housing flats from owners who face difficulties selling them due to the Ethnic Integration Policy (EIP) quotas. The new measure was announced by National Development Minister Desmond […]
4G Team to develop roadmap to keep the Singapore story going for many more generations to come
“I don’t know if the PAP will win the next General Election…. But I give you my word: whatever lies ahead, I will give every ounce of my strength to this movement, together with my comrades in the 4G team… to keep Singapore special and build a better Singapore in SG75.” Finance Minister Lawrence Wong […]
Singapore ranks 1st in financial stewardship and overall 3rd in government effectiveness in global ranking
Singapore ranks third in the world in a global ranking that tracks the effectiveness of government. It is also the only Asian country to make it to the top 10 according to the Chandler Good Government Index. In first place is Finland and Switzerland in second place. Singapore is TOP in financial stewardship, market attractiveness, […]
What Singaporeans say of Lawrence Wong as leader of the 4G team: a new era with a new leader
At long last, the question of who will be the ‘first among equals’ in the 4G team is settled. The choice fell on Lawrence Wong when PM Lee made the announcement on 14 April, paving the way for him to be the next Prime Minister of Singapore. Here are some reactions from Singaporeans to Mr […]
4G Leadership: why you can be excited about Lawrence Wong
“I’ve devoted my life to public service, first as a civil servant and later in politics. I will continue to do my utmost to serve our people.” Lawrence Wong The 4G Leadership has decided who will lead them. The choice fell on Finance Minister Lawrence Wong Lawrence who is also co-chair of the Multi-Ministry Taskforce handling the […]
We did not get every call right but the key was to keep on learning and improving: PM Lee on COVID-19
The COVID-19 pandemic had severely tested the Government in multiple ways, PM Lee said. The Government did not get every call right but the key was to keep on learning and improving, Mr Lee said. There are 4 key lessons from this covid experience. 1. Be prepared to make tough calls The Government have had […]
The wisdom of LKY. ‘Not even my worst enemy has ever accused me of being afraid to speak my mind.’
The late Mr Lee Kuan Yew (LKY) has a strong opinion of many things. He once said, “I have been accused of many things in my life, but not even my worst enemy has ever accused me of being afraid to speak my mind.” Nobody owes us a living I say to the world: nobody […]
The world is in for a perfect long storm shaped by a confluence of factors: Tharman
The world has entered an era of profound uncertainty and fragility, Senior Minister Tharman Shanmugaratnam said. Speaking at the IMAS-Bloomberg Investment Conference on 9 March 2022, Mr Tharman, who is also MAS Chairman, said investing for the future has become a much more complex game, more complex than it was pre-pandemic, and also more complex than […]
Does GST hurt the poor the most? Arguments from PSP and WP.
Despite Finance Minister Lawrence Wong taking great pains and going to great lengths to explain how the government has designed the GST in such a way that it is actually progressive and not regressive, and does not hurt the poorer segment of society, the opposition WP and PSP continue to mislead on the impact of […]