Category Archives: Economy; Perfect Economic Storm? When?

APEC Summit in SF on 15th Nov 2023; Xi and Biden met for four hours on the sidelines of the Summit; What are the key issues on the table?

Posted on November 16, 2023 by tankoktim

. =========== . What Xi got out of his meeting with Biden The summit has been vital for the Chinese President’s bid to stabilise the domestic situation, and potentially to gain more access to US businesses. Tom Harper UPDATED 20 … Continue reading →

Posted in Business & Finance, Economy; Perfect Economic Storm? When?, International Politics, Super Power Politics; Trade and Tariffs Friction;, World Peace, World Trade, Economy, & FTAs | Tagged APEC Summit; | Leave a comment

A new world order of peace over 77 years from now to end of this century; what and who will decide mankind’s future? Not all the present world leaders will be alive by 2050; the 19th and 20th centuries of gunboat diplomacy are over, history. Now is the 21st Holy Century;

Posted on October 5, 2023 by tankoktim

========== . 19th and 20th centuries were times of darkness in the East and the Far East. The Western powers with gunboat diplomacy could militarily rule the world in the Far East. They did so with free reign to plunder … Continue reading →

Posted in Economy; Perfect Economic Storm? When?, International Politics, Super Power Politics; Trade and Tariffs Friction;, Lee Kuan Yew's Legacy [His life 1923-2015], Politics, United Nations, World Peace | Tagged Asean centrality, world peace | Leave a comment

Singapore of the future, the age of the 4-G – to become a single society? Overcoming income inequality? True causes of wealth and poverty; What kind of government policy can eradicate the income gap between the top 10% and the bottom 20% in any society? Broader meritocracy, how?

Posted on October 13, 2022 by tankoktim

=============== . Meritocracy, how? Education: What is Complete Whole Person Education? Work: What is “Work with the aim to help others become more efficient”? Workfare and Welfare: It is all about money. Where does money come from? Does it grow … Continue reading →

Posted in Business & Finance, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Government, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, Media and freedom of the press; Movies, TV serials; Entertainment;, Medical & Health, Minimum Wage; PWM and WIS in Singapore's wage policies, Nation Building, Politics, Silver Support Scheme, Social issues, Socialistic Policies, Workfare income supplement; Progressive Wage Model | Tagged income inequalty, social mobility, wealth and poverty | 2 Comments

Singapore: Phase 6 wef 13th Feb 2023; Phase 5 wef 29th Aug 2022; Phase 4, wef 26th April 2022; Phase 3, wef 29th Mar 2022 to 25th April 2022; Phase 2h wef 15th Mar 2022; Phase 2g wef 1st Feb 2022; Covid-19 vaccination a must for PR, and long-term pass applications from Feb 1, 2022; WEF Jan 22, 2022 to 25th April 2022, unvaccinated workers were not be allowed to return to the workplace;

Posted on February 6, 2022 by tankoktim

=========== .Mask-wearing no longer mandatory on public transport from Feb 13, 2023 as Singapore steps down COVID-19 restrictions The DORSCON level will also be lowered to Green and the pandemic multi-ministry task force stood down. = Matthew Mohan Vanessa Lim … Continue reading →

Posted in COVID-19 coronavirus Pandemic in 2020, Economy; Perfect Economic Storm? When? | Leave a comment

Investments inflow; Dyson’s global HQ in Singapore; how to attract with tax incentives, grants, etc, a well-trained labour force, communication and transport links, ease of setting up business, no exchange control; currency, legal and administrative stability; no labour strikes, corruption free, political and policy predictability?

Posted on November 1, 2021 by tankoktim

========== . S’pore must adapt to global trends to grow economy: PM Lee at opening of Dyson’s new HQ 1 of 5 Justin Ong Political Correspondent PUBLISHED 4 HOURS AGO on 25th March 2022 in Straits Times. FacebookWhatsAppTwitter SINGAPORE – Dyson … Continue reading →

Posted in Business & Finance, Corruption, Economy; Perfect Economic Storm? When?, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Labour, Minimum Wage; PWM and WIS in Singapore's wage policies, Politics | Leave a comment

Singapore’s green industry by 2050 – decarbonisation of the economy? N-Power, hydro, wind, solar, geothermal, hydrogen, etc; the competition and protectionism: Carbon Emission; Carbon tax; Renewable Clean and Green energy needs huge electricity storage capacity for optimum use during peak demand period; Go for 100% Solar Power and Wind Power: why red dot has to wait till 2050 to end use of LNG? Be green financial hubs; Rising tides; S$100b for sea walls;

Posted on January 14, 2021 by tankoktim

================= . Mankind’s future is at stake at COP28, and Minister Grace Fu will represent Singapore at the Conference. I hope Minister Fu will ask at the Conference: What will go very wrong if, if all countries were to become … Continue reading →

Posted in Economy; Perfect Economic Storm? When?, Energy, Clean and Green Electricity, Environment Control, Protect Nature | Leave a comment

Budget 2024 – S$131.4 billion – was presented in Parliament on 16Feb2024; National Reserves S$1.73 trillions as at 31st March 2023; Budget 2022 presented on 18 Feb 2022; Budget 2021on 16Feb2021;

Posted on January 5, 2021 by tankoktim

. ====================. . National Reserves or Total Govt Assets: S$1.7 trillions.It is official.S$1 trillion is outdated. National Reserves or Total Govt Assets as at 31st March 2019: S$1.174 trillions. It was S$1.732 trillions as at 31st March 2023. Grown by … Continue reading →

Posted in 14th Parliament. GE 10Jul2020, Budgets 2018, etc., Business & Finance, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Government, Govt's Budget, GST, Politics, Social issues, Socialistic Policies, Taxation | Leave a comment

Covid-19 Pandemic – Singapore Phase 3 re-opening started on 28th Dec, 2020; The 2nd phase reopened on 19th Jun, 2020 and ended on 27th Dec 2020, a total of 192 days; Circuit Breaker [7Apr, 2020 -1Jun, 2020, or 56 days]. Phase 1, total 17 days; WEF’s annual meeting in Singapore 17-20 August, 2021.

Posted on December 16, 2020 by tankoktim

========= . What is the main missing link in all these? Do humans not see the main message on the wall that has been delivered on to mankind by the virus, which is unseen to the naked eye but yet … Continue reading →

Posted in COVID-19 coronavirus Pandemic in 2020, Economy; Perfect Economic Storm? When?, Government, Politics, Socialistic Policies | Tagged COVID-19 | Leave a comment

Mr Lawrence Wong has been appointed PM on 15th May 2024, the 4G leader; PM Lee has stepped down as pm; GE2024 in June or August 2024? GE on 10th July 2020 – held during COVID-19 Pandemic; DPM Heng stepped aside on 8th April 2021 as the 4G leader; Cabinet reshuffle; Seven big pieces moved on 23rd April, 2021; Who are in the PAP’s 36th CEC? Next GE, 2025? Opposition formed coalition; WP’s Pritam Singh, Leader of the Opposition; WP’s MP resigned on 30th Nov 2021; Constitution amendment: S$10,000 fine, and the MP will lose the Parliament seat.

Posted on September 6, 2020 by tankoktim

=========================== . A thankless job. Hair will turn grey fast. The cursing on him and his family starts and will stop only when he ends his premiership. ==== . A capable government is one that will grow … Continue reading →

Posted in 14th Parliament. GE 10Jul2020, Budgets 2018, etc., By-elections, Economy; Perfect Economic Storm? When?, GE2020 & Covid-19 Pandemic, GE2020 on 10th July 2020; and one year later;, Government, Politics | Leave a comment

Post Covid-19 era in this 21st Century; Will this pandemic madness go on for 400 or 4000 days? COVID-19 Global Pandemic started at end 2020; 4.5m deaths in 18 months; Will deaths rise to 5m by Dec 2021?

Posted on April 21, 2020 by tankoktim

We are in very very severe times. . Do the WEF and the big chiefs see the global domino impact coming if this crisis goes beyond 12 months? Which country, bank, airline, hotel, casino, shopping mall, bank, company, etc, will … Continue reading →

Posted in COVID-19 coronavirus Pandemic in 2020, Economy; Perfect Economic Storm? When?, Government, Medical & Health, Social issues, United Nations, World Peace | Tagged .Covid-19, Coronavirus | Leave a comment

Tariffs, FTAs and World trade; FTAs – is it to open one’s country to foreign nationals to enter their workforce freely? APEC cooperation; Tariff tension remains a great challenge; FTAs, and economic SWOTs – Politicians well versed and knowledgeable with tariffs and FTAs will benefit their society more; New challenges: Digital solution and digital trade; the threat to bricks-and-mortar businesses;

Posted on November 23, 2019 by tankoktim

. ======= Trade wars bring suffering and kill too without directly firing a shot to end life. Trade tariffs and barriers will not being world peace. So long as there are greed and ego due to materialism and profits, there … Continue reading →

Posted in Business & Finance, Economy; Perfect Economic Storm? When?, Government, International Politics, Super Power Politics; Trade and Tariffs Friction;, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Labour, Lee Kuan Yew's Legacy [His life 1923-2015], Politics, Social issues, Socialistic Policies, World Peace | Tagged CECE, Economic SWOTs, FTA, Tariffs, WTO | Leave a comment

COL – CDC vouchers and rising cost of living – Govt special Assurance Package S$800 payment to each adult in Dec 2023 with fewer criterion; The Govt has listened; S$500 in Dec 2022, and S$200 Assurance Package; CDC voucher of S$300 per family on 3Jan2023; how to keep hawkers’ costs down? Inflation – Singapore paid S$8 billion more for LNG import in 2022; Rising COL – we have PWM, WIS, MW and LQS; Reduce COL or reduce income gap with MW? MW will drive COL up, not down; WIS and PWM are far superior than MW; Factors that caused COL to rise – cost of state land accounting; public housing; COE; cost of utilities; basic food and daily necessities; transport, medical costs, etc;

Posted on August 14, 2018 by tankoktim

============== . Assurance Package: 2 million Singaporeans to receive Seniors’ Bonus and MediSave cash payouts in February 2024 The payments are part of the suite of Assurance Package measures previously announced in Singapore’s Budget 2022. Timothy Kang ·Finance Producer Updated … Continue reading →

Posted in Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Education; What is Complete Whole Person Education?, Energy, Clean and Green Electricity, Food & Drinks; hawker centres; foodcourts;, Government, GST, GST Rebates, Hawker Food -Top Favourites, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, Labour, Medical & Health, Minimum Wage; PWM and WIS in Singapore's wage policies, National Day Rally - new policies and strategies, PG and CHAS, Politics, Productivity, Silver Support Scheme, Singapore in 1960s, Social issues, Socialistic Policies, The Govt listened and implemented my ideas and feedback, Workfare income supplement; Progressive Wage Model | Tagged 2018 National Day Message, Cost of Living & Retirement Adequacy, education, healthcare, housing, income gap | 8 Comments

22 recommendations for the UN – submitted to the Global Challenges Foundation in Sept 2017; United Nations should set up a UN Environment Council to transform and reform the 21st century and beyond; No environment, there will be no nature, more diseases, and no life on earth; Environment is the main – to reverse it first, and make all the other UN missions become secondary; US$10b UN Green Climate Fund – what is the purpose?

Posted on May 4, 2018 by tankoktim

============== . “22 Recommendations that will transform the UN and the World” Is the UN neutral in NYC? America did block many heads of states from visiting the UN in NYC. Is the UN practising democracy by having the veto … Continue reading →

Posted in Business & Finance, Cost of Living & Retirement Adequacy, COVID-19 coronavirus Pandemic in 2020, Divine Science. Man-made human science, Economy; Perfect Economic Storm? When?, Education; What is Complete Whole Person Education?, Emergency Disaster Preparation, Energy, Clean and Green Electricity, Environment Control, Protect Nature, Government, International Politics, Super Power Politics; Trade and Tariffs Friction;, IT. AI, and Computerisation; Robots; Space Technology; Astral Particle Information System, Politics, Productivity, Social issues, Socialistic Policies, United Nations, Water, World Peace | Tagged A New Shape Competition, Global Challenges Foundation, UN 2.0, UN Environment Council, UN Security Council for Peace, United Nations | 24 Comments

Governing by public donations not by taxation; Which country will be the first? Will there be inflation if Govt spending is zero or paid by public donations? Countries in the red, bankrupt; Printing money to repay debts; Interest rate hike; G7 countries will review corporate tax rates to discourage MNCs from shifting profits to low-tax jurisdictions;

Posted on March 5, 2018 by tankoktim

======== . How many countries are in the red, bankrupt? When a country cannot obtain loans to spend, is print the solution? =======. Biden calls meeting on debt ceiling, as US to run short of cash June 1, 2023. US … Continue reading →

Posted in Business & Finance, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Government, Govt's Budget, Inflation and Rising cost of living, International Politics, Super Power Politics; Trade and Tariffs Friction;, Lee Kuan Yew's Legacy [His life 1923-2015], Nation Building, Politics, Social issues, Socialistic Policies, Taxation, World Peace | Tagged Govern by donations | 2 Comments

National Reserves S$1.73 trillions as at 31st March 2023; – Cap it at 3 or 5 times of GDP? Should NR have a limit? NIRC from National Reserves – how it benefits Singaporeans? PM Lee Hsien Loong released the NR figures for the first time in Parliament on 27th Jan 2016;

Posted on March 5, 2018 by tankoktim

======== . S$1.7 trillions.It is official.S$1 trillion is outdated. National Reserves or Total Govt Assets as at 31st March 2019: S$1.174 trillions. It was S$1.732 trillions as at 31st March 2023. Grown by S$0.56 trillions in four years. [Source: MOF’s … Continue reading →

Posted in Budgets 2018, etc., Business & Finance, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Elected President - roles, powers and responsibilities; The 2nd Key; EP: the proposed changes;, Government, Govt's Budget, Inflation and Rising cost of living, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Medical & Health, Nation Building, National Reserves, Socialistic Policies | Tagged 2018 Budget, GDP, National Reserves | 2 Comments

Mega Cities on flat land — no hydro or wind power, and inadequate land space for huge solar power farms [and those in temperate countries having four seasons, no solar power all year round]; What are the possible solutions for all mega cities [the big carbon polluters] becoming 100% users of renewable clean and green electricity ending use of fossil oil, coal and LNG?

Posted on February 23, 2018 by tankoktim

================== . Many solutions to generate renewable clean and green electricity. ========== ==== . Build a 10-storey structure [steel or concrete] and have a test run to pump water to the top, and have it retained on each floor and … Continue reading →

Posted in Bilateral Relationship with Asean nations, Business & Finance, COVID-19 coronavirus Pandemic in 2020, Divine Science. Man-made human science, Economy; Perfect Economic Storm? When?, Emergency Disaster Preparation, Energy, Clean and Green Electricity, Environment Control, Protect Nature, Politics, Productivity, Roads and Expressways, Social issues, Transport, United Nations, Water, World Peace | Tagged clean and green energy | 11 Comments

Cashless; Paperless; The Govt has listened yet again; Four years of waiting; Grateful the Govt has upgraded the systems at the polyclinics – A paperless system – and pay electronically; Japan has the paperless system to cut waiting times at pharmacies; Now, ours too; What next?

Posted on July 27, 2017 by tankoktim

======== . Cashless and Paperless; The cashless society.. a one card system. No card you cannot move around in society. You will become history. When? It is all about money. Cash only. Some retail shops accept only cash, and the … Continue reading →

Posted in Business & Finance, CareShield Life insurance - permanent disabilities, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Food & Drinks; hawker centres; foodcourts;, Hawker Food -Top Favourites, IT. AI, and Computerisation; Robots; Space Technology; Astral Particle Information System, Medical & Health, MediShield Life mandatory medical insurance, PG and CHAS, Productivity, Social issues, Socialistic Policies, The Govt listened and implemented my ideas and feedback | Tagged paperless system, polyclinics, public hospitals | Leave a comment

‘Millionaire’ Singaporeans; how to be the No. 1 Hub: to attract 10,000 world richest billionaires to red dot? Pandora Papers – tax evasion; Investing or speculating on the stock exchange; The rich and poor Singaporeans – who can afford what? Who can plan their retirement to live comfortably with no financial anxiety? How many Singaporeans have S$30,000 net cash in their bank accounts? Financial advisers – are they themselves multi billionaires/millionaires?

Posted on May 30, 2017 by tankoktim

======= . Be the next Hub: How to attract and encourage some 10,000 world richest multi-billionaires [not millionaires] to bring their wealth and take up residence in Singapore? Can we aim for the next Hub: A Billionaire Hub? What can … Continue reading →

Posted in Business & Finance, Cost of Living & Retirement Adequacy, CPF, Economy; Perfect Economic Storm? When?, Food & Drinks; hawker centres; foodcourts;, Government, HDB Public Housing; affordability; EIP policy; and resale prices;, Nation Building, National Day Rally - new policies and strategies, National Reserves, Politics, Population, Properties, Security, Social issues, Socialistic Policies, Taxation | Tagged gentrification, Traditional food | Leave a comment

Two civilisations: East and West; Both are complementary; Which is more superior? A single ideology for mankind and the whole world will not bring peace; No world peace when the West has superior attitude over the East; Respect one another? Trade disputes US v China; Rising US-China Tariff tensions; China and USA will compete economically in key areas; What is ‘The Asian Values’ debate;

Posted on January 25, 2017 by tankoktim

============== . Why are there two civilisations, East and West? The western and eastern civilisations. Which one is more spiritual? Which one is more individualistic? Are both complementary like the pair of hands, as in the opposites in all things … Continue reading →

Posted in Business & Finance, COVID-19 coronavirus Pandemic in 2020, Economy; Perfect Economic Storm? When?, Fate, Destiny, Accidents & Coincidence, Government, International Politics, Super Power Politics; Trade and Tariffs Friction;, Politics, Social issues, Socialistic Policies, Spiritual First - then mental then physical, United Nations, World Peace | Tagged East and West, Eastern Civilsation, Tariff disputes, Trade wars, Western Civilsation | 1 Comment