Jamus’ view on rent costs fail to consider the multi-faceted nature of economic dynamics in Singapore
In a Facebook post, Jamus Lim argues that high rental costs are what drive up prices and inflation because these are fixed and unavoidable, and therefore businesses have no choice but to absorb these costs, regardless of whether their operations are profitable or not. However, this explanation oversimplifies the issue. Businesses in Singapore are facing […]
PSP wants to go back to the past where housing was a shelter and an expense, and not a store value: Desmond Lee
The PSP’s Affordability Housing Scheme (AHS) is actually not an original idea but one that is adapted from the past. In the early years of HDB from 1968 to 1987, the flat price was priced based on construction costs, National Development Minister Desmond Lee said. The PSP’s AHS uses a similar idea. “In a way, […]
Minister Desmond Lee called out PSP Leong Mun Wai for his selective use of 1979 data to compare housing affordability
In Parliament (7 March), PSP Leong Mun Wai compared HDB affordability for university and Vocational and Industrial Training Board (VITB) graduates in 1979, with affordability today, and claimed that graduates are worse off today. Responding to Mr Leong, Minister Desmond Lee said that Singapore in 1979 is firstly very different from Singapore in 2025. There […]
No fixed class size. We allocate our finite teaching resources according to the needs of our students: Chan Chun Sing
It has often been suggested that MOE should reduce class sizes. It’s a proposed solution that MOE takes seriously, Education Minister Chan Chun Sing said at MOE Committee of Supply Debate (2025). However, it is important for us to bear in mind what problems we are trying to solve first, he added. What problem are […]
On the international stage, if you have to put your hand out for assistance, it means you have no say: Vivian Balakrishnan
The global landscape is shifting from unipolarity to multipolarity, from free trade to protectionism, from multilateralism to unilateralism, from globalization to hyper-nationalism, from openness to xenophobia, and from optimism to anxiety. Major powers are increasingly narrowing their focus on national interests, opting for a more transactional and, at times, coercive approach, according to Foreign Affairs […]
PSP’S affordable housing scheme is a financial trap down the road
Is the PSP’s Affordable Housing Scheme as great as it looks? The PSP (Progress Singapore Party) proposed to making public housing more affordable by excluding land costs in the price of the flat. On the surface, it seems like a great deal for buyers since they would only need to pay $140,000 for a Build-To-Order […]
Every generation has carved a path through its challenges, and paved the way for the next generation to go even further: Lawrence Wong
“60 years in Chinese culture marks a full cycle of life. So in this SG60 year, we will complete one cycle, and we will enter a new phase of nation-building,” PM Lawrence Wong said in his Budget 2025 speech. “We must brace ourselves for new challenges in this next phase. There are dark clouds over […]
Restriction Order issued to self-radicalised housewife; self-radicalised Malaysian arrested and deported
A self-radicalised Singaporean, 56-year-old housewife, Hamizah binte Hamzah (Hamizah), has been issued with a Restriction Order (RO) under the ISA, MHA said in a press release. Separately, in November 2024, 34-year-old self-radicalised Malaysian, Saharuddin bin Saari (Saharuddin), who was working as a cleaner in Singapore, was arrested under the ISA and repatriated to Malaysia. Hamizah […]
CNY is a time of family reunion, a season for families to cherish the bonds that unite us: Lawrence Wong
Transcript of Prime Minister Lawrence Wong’s Chinese New Year message in full: The Year of the Dragon ended on a high note. Our economy performed strongly. Inflation subsided. Unemployment remained low. Many Singaporeans enjoyed higher wage increases. We usher the Year of the Snake with anticipation and hope for our future. In the Chinese zodiac, […]
If a WP government is in power, how much would Pritam Singh pay his ministers?
“If there were a Workers’ Party government in power today, 𝐛𝐲 𝐭𝐡𝐞𝐢𝐫 𝐨𝐰𝐧 𝐟𝐨𝐫𝐦𝐮𝐥𝐚 the Workers’ Party minister would be paid essentially the same as what a minister today is paid. 𝐌𝐫 𝐏𝐫𝐢𝐭𝐚𝐦 𝐒𝐢𝐧𝐠𝐡 𝐰𝐨𝐮𝐥𝐝 𝐩𝐚𝐲 𝐡𝐢𝐦𝐬𝐞𝐥𝐟 𝐭𝐡𝐚𝐭 𝐬𝐚𝐦𝐞 𝐚𝐦𝐨𝐮𝐧𝐭,” Mr Teo Chee Hean said in parliament in 2018. The WP had for many years championed […]