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Categories
- 14th Parliament. GE 10Jul2020 (5)
- Bilateral Relationship with Asean nations (48)
- Budget 2014 (17)
- Budget 2015 – new policies? (11)
- Budget 2016 (7)
- Budget 2017 (3)
- Budgets 2018, etc. (13)
- Business & Finance (117)
- By-elections (4)
- CareShield Life insurance – permanent disabilities (8)
- COE and ERP (1)
- Corruption (27)
- Cost of Living & Retirement Adequacy (119)
- COVID-19 coronavirus Pandemic in 2020 (34)
- CPF (36)
- Divine Science. Man-made human science (34)
- Economy; Perfect Economic Storm? When? (45)
- Education; What is Complete Whole Person Education? (42)
- Elected President – roles, powers and responsibilities; The 2nd Key; EP: the proposed changes; (11)
- Emergency Disaster Preparation (26)
- Energy, Clean and Green Electricity (55)
- Environment Control, Protect Nature (92)
- External and Internal Auditing (17)
- Fate, Destiny, Accidents & Coincidence (114)
- Food & Drinks; hawker centres; foodcourts; (35)
- GE2020 & Covid-19 Pandemic (1)
- GE2020 on 10th July 2020; and one year later; (32)
- Government (215)
- Govt's Budget (59)
- GST (35)
- GST Rebates (23)
- Hawker Food -Top Favourites (14)
- HDB Public Housing; affordability; EIP policy; and resale prices; (50)
- Inflation and Rising cost of living (16)
- International Politics, Super Power Politics; Trade and Tariffs Friction; (78)
- Inward investments and incentives; overseas Investments – should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security? (17)
- IT. AI, and Computerisation; Robots; Space Technology; Astral Particle Information System (31)
- Labour (38)
- Laws; POFMA: The Protection from Online Falsehoods and Manipulation Act; FICA – Foreign Interference (Countermeasures) Act; (7)
- Lee Kuan Yew's Legacy [His life 1923-2015] (55)
- Media and freedom of the press; Movies, TV serials; Entertainment; (21)
- Medical & Health (94)
- MediShield Life mandatory medical insurance (26)
- Minimum Wage; PWM and WIS in Singapore's wage policies (23)
- Misinformation – the unconditional public apologies; add in Sorry x 3 (11)
- MRT (44)
- Nation Building (37)
- National Day Rally – new policies and strategies (9)
- National Reserves (16)
- Olympics and Sports (6)
- Past General Elections (4)
- PG and CHAS (23)
- Politics (192)
- Population (39)
- Productivity (66)
- Properties (24)
- Rapid Transit System (RTS) Link Singapore to Johor; High Speed Rail KL to Singapore (18)
- Religions and Faiths (113)
- Roads and Expressways (32)
- Second CBD in Jurong Lake District (5)
- Security (31)
- Silver Support Scheme (16)
- Singapore in 1960s (6)
- Social issues (237)
- Socialistic Policies (191)
- Space Technology and Exploration. Earthonauts. (9)
- Spiritual First – then mental then physical (106)
- State Land (11)
- Taxation (24)
- The Govt listened and implemented my ideas and feedback (64)
- Total Defence (29)
- Transport (107)
- United Nations (36)
- Vehicle parking facilities (22)
- Water (44)
- Workfare income supplement; Progressive Wage Model (9)
- World Peace (96)
- World Trade, Economy, & FTAs (3)
Category Archives: Govt’s Budget
2023 Budget – Public feedback closed on 13 Jan 2023; MOF Lawrence Wong delivered the SGBudget2023 speech in Parliament on 14th Feb 2023;
====== . Parliament approves $123.7b Budget as debate ends with call for MPs to avoid polarisation, populism Goh Yan Han Political Correspondent UPDATED 7 MAR 2023, 6:39 AM SGT in Straits Times. SINGAPORE – Parliament here must avoid going down … Continue reading
Posted in Govt's Budget
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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;
. ====================. . 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
2020 Unity Budget – my 34 suggestions. Total Assets of Singapore as at 31st March 2019 were S$1174b. 2020 Resilience Budget. 2020 Solidarity Budget.
2020 Budget Speech by MOF Heng in Parliament on 18th Feb 2020 [see copy below]: 2020 Budget has S$109 billion spending in total. It is called Unity Budget 2020 due to the COVID-19 pandemic. The 2020 Budget has a … Continue reading
2019 Budget – my 28 suggestions
2019 Budget – my 28 suggestions: I hope MOF Heng Swee Keat will include one or two of my suggestions in the 2019 Budget, which will be announced in Parliament by him on 18th Feb 2019. What will be the … Continue reading
Posted in Budgets 2018, etc., Business & Finance, CPF, Government, Govt's Budget, GST, Medical & Health, MediShield Life mandatory medical insurance, Minimum Wage; PWM and WIS in Singapore's wage policies, Politics, Population, Properties, Silver Support Scheme, Social issues, Socialistic Policies, Taxation, Transport
Tagged 2019 Budget
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GST rate increase; NTUC FP’s 1% discount on 500 essential items; GST Rebate Vouchers; Govt will raise the 7% GST to 9% in two equal tranches – to 8% on 1stJan2023 and 9% on 1stJan2024; S$200 more in GST – or 2% on S$10,000 spending; Demagogues will make a song and dance on the S$200 or S$18 per month.
=========== . .NTUC FP will offer 1% discount but not increase the discount from 7% to 9%. It is better than not at all. It has listened to public feedback somewhat: FairPrice to offer 1% discount on 500 essential items … Continue reading
Budget 2018 and the future…going forward
Budget 2018 and the future, going forward. What will give way? What will exhaust first between taxation and national reserves in a fast declining population, and a fast aging workforce? Can both continue indefinitely? ——— The proposed 2% point GST … Continue reading
Posted in Budgets 2018, etc., Government, Govt's Budget, National Reserves, Politics, Taxation
Tagged 2018 Budget, National Reserves, taxation
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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;
======== . 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
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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;
======== . 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
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Using long-term loans for projects with long life span; In the 2018 Budget – A strategic shift to use loans for longer-term infrastructure projects was announced;
============== . Loans to fund the investments in long-term infrastructure development. I doubt it will be paid by 100% loan funding. It might by 50:50 ratio. We have to wait for the details coming from the COS debates of MND. … Continue reading
Posted in Budgets 2018, etc., Government, Govt's Budget, Nation Building, Total Defence
Tagged 2018 Budget
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Sales Tax on expensive goods? High direct income tax will cause ‘Wealth flight”; How GST works and functions? Should POFMA be thrown at the demagogues? GST hike, 2% points: one on 1Jan2023 and the other on 1Jan2024; Make the hike acceptable by having 713? 7%+1%+3%? Have a 3% Sales Tax on expensive goods and equipment; Both PAP and the opposition are not ready as yet politically to have a Sales Tax. Why?
==================. Have a 3% Sales Tax in 2028?GST above 9% not the long-term solution.Time to ask the Govt to pass the Law for this now, and why? . Sales Tax on the rich on expensive goods will not be a … Continue reading
Posted in Budgets 2018, etc., Business & Finance, Cost of Living & Retirement Adequacy, Government, Govt's Budget, GST, GST Rebates, Minimum Wage; PWM and WIS in Singapore's wage policies, Politics, Social issues, Socialistic Policies, Taxation, Workfare income supplement; Progressive Wage Model
Tagged 2018 Budget, computers, GST
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2018 Budget: What are the big items…MOF Heng’s Budget Statement
The Singapore Finance Minister Heng Swee Keat’s 2018 Budget Statement is at the foot of this post [please see below]. —————— Many did, and the GST guesstimate was right: Two %. But the expected date of implementation was way off, … Continue reading
Posted in Budgets 2018, etc., Govt's Budget, GST
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My 2018 Budget Wishlist
My 2018 Budget Wishlist: My recommendations for the seniors are in items 1, 6 to 9 below: 1] The Govt should give S$500 in 2018 to each PG from the S$8b Pioneer Generation Fund. 2] The super rich will spend … Continue reading
2017 Budget – the details – and 30% water price increase
Water tariff rate increase… Used Water, Waterborne Fee wef 1st July 2018: The 0.92 cents per cubic metre on users below 40 cubic metres should be reduced to 0.80, and the 12 cents should be added on to the rate … Continue reading
Budget 2017 – what are our expectations?
2017 Budget – what are our expectations? . Finance Minister Heng Swee Keat will deliver the Government’s 2017 Budget statement in Parliament on Feb 20, 2017, his second as FM. . What should be done to make Singapore more inclusive … Continue reading
Posted in Budget 2017, CPF, Government, Govt's Budget, PG and CHAS, Silver Support Scheme, Socialistic Policies
Tagged Budget 2017
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National Day Rallies – what are our expectations?
PM Lee Hsien Loong’s National Rally Speech tomorrow night at the ITE College Central at 8pm, 21st August 2016. Will the Govt listen again to the many feedback from the public? What are our expectations? I have 20 in my article … Continue reading
Budget 2016 – thanks to the NIRC from our National Reserves
I am grateful to ST Forum for publishing my letter in its Online version on 22nd April, 2016 but heavily edited. ====== The original text of my letter: I refer to “10 ways the Budget will change Singapore” in ST, … Continue reading
ComCare. Welfarism – how extreme can it be? S$3 billion action plan for successful ageing;
============ . Welfare policies come with trade-offs, including need to raise taxes: Lawrence Wong DPM Lawrence Wong (centre) during a dialogue hosted by NTUC president Mary Liew and secretary-general Ng Chee Meng. ST PHOTO: DESMOND WEE Rei Kurohi PUBLISHED 1 HOUR … Continue reading
Posted in Budget 2016, Cost of Living & Retirement Adequacy, Fate, Destiny, Accidents & Coincidence, Food & Drinks; hawker centres; foodcourts;, Govt's Budget, HDB Public Housing; affordability; EIP policy; and resale prices;, Minimum Wage; PWM and WIS in Singapore's wage policies, Politics, Properties, Silver Support Scheme, Social issues, Socialistic Policies
Tagged Silver Support Scheme
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Plant the seed; Be reborn into a happy family; Happy couple; Happy marriage; Fatherless child of unwed mothers – every baby is precious; some born ended up in dustbin, some go home in Lexus; who decide a baby’s fate; failed marriages, separation and divorce; Bills Gate’s divorce;
. ==== Judging.. Humans judging others. Ultimately, the person will be judged; it is the due consequence, the payback. = . Innermost Attitude, 180 degrees turn in gratitude? Why? And how? Sonen. Deeper than the soul. . Humans can … Continue reading
Posted in Budget 2016, Fate, Destiny, Accidents & Coincidence, Government, Govt's Budget, Politics, Population, Religions and Faiths, Social issues, Socialistic Policies, Spiritual First - then mental then physical, The Govt listened and implemented my ideas and feedback
Tagged Baby bonus, Child Development Account, government-paid maternity leave, Unwanted babies, Unwed mothers
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Silver Support Scheme – is the distribution equitable? How? Means testing? Is it equitable and not a blunt tool for administrative convenience or due to a lack of a better instrument?
. ======== . Another factor for means testing: How much does the person receive each month from the CPF Board for old-age retirement? . ====== . Forum: More accurate means testing for govt subsidies needed PUBLISHED4 HOURS AGO … Continue reading
S$778 per month for the destitute : based on the 2016 Budget; Revised in 2019; What is the amount now, the revised latest figures based on the current Budget? Will the WP MPs ask the minister in Parliament for the latest figures? Or, will the MSM journalists ask for it? Where to seek help under the Destitute Act Chapter 78? Who can offer the help and how? Seoul homeless: photo below;
.. ========= . . Who is eligible for govt’s public assistance under the Destitute Act Chap 78 [please see copy of the Act below]? What are the terms and conditions of eligibility under the Act? The link to public … Continue reading
Posted in Budget 2016, Budgets 2018, etc., Cost of Living & Retirement Adequacy, Fate, Destiny, Accidents & Coincidence, Food & Drinks; hawker centres; foodcourts;, Government, Govt's Budget, GST Rebates, Labour, Minimum Wage; PWM and WIS in Singapore's wage policies, Politics, Silver Support Scheme, Social issues, Socialistic Policies, Taxation
Tagged GST Rebates, Minimum Wage; PWM and WIS in Singapore's wage policies, public assistance, Silver Support Scheme, WIS, Workfare income supplement; Progressive Wage Model
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tankoktim 