Category Archives: Inflation and Rising cost of living

Singapore Turf Club – the end is near in 2024; How not to shut it down? Use the airspace above expressways?

Posted on June 11, 2023 by tankoktim

============= . It will take great political will to change course in land usage. Does the PAP or the opposition has that will, and who has a stronger will and foresight? ====== There are other solutions to free up precious … Continue reading →

Posted in Cost of Living & Retirement Adequacy, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, MRT, Olympics and Sports, Properties, Roads and Expressways, Social issues, Socialistic Policies, State Land, Vehicle parking facilities | Tagged | 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 , , | 2 Comments

A healthy population; Expand community healthier physical activities; Live and age well; Building more hospitals and clinics not the long-term solution; Rising cost of healthcare is a concern; Add reward element, increase incentive in the push for healthy living; Also: reward those who live healthy lifestyles; Successful ageing – Live and age well – ageing gracefully; How? Caring for the aged with low retirement CPF funds – retirement adequacy;

Posted on March 18, 2020 by tankoktim

  ===================== .   A healthy population will result in many benefits to the self and the society as a whole: higher productivity due to less down time; greater medical cost savings in hospitals and clinics; and less mental and … Continue reading →

Posted in CareShield Life insurance - permanent disabilities, Cost of Living & Retirement Adequacy, CPF, Inflation and Rising cost of living, Medical & Health, MediShield Life mandatory medical insurance, Population, Productivity, Silver Support Scheme, Social issues, Socialistic Policies, Workfare income supplement; Progressive Wage Model | Tagged , , , , , | Leave a comment

CareShield Life from Nov 6, 2021; …inclusiveness and equality? Will CSL cove babies born blind or with congenital deformities? MOH has sent their letter dated 16th June 2023 to elderly Singaporeans inviting them to join CSL by 31st Dec 2023;

Posted on September 18, 2018 by tankoktim

========== . MOH has sent their letter of 16th June 2023. ref: CSLNTF026 to Singaporeans inviting all to join CareShield Life by 31st Dec 2023 to enjoy participation incentives of S$4000 over 10 years given by the Govt. Govt’s support … Continue reading →

Posted in CareShield Life insurance - permanent disabilities, Cost of Living & Retirement Adequacy, Inflation and Rising cost of living, Medical & Health, MediShield Life mandatory medical insurance | Tagged | 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 , , , , , | 8 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 | 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 , , | 2 Comments

240,000 domestic helpers; Part-time home cleaning services company; Including basic care of children & elderly; Employers’ brutality of domestic helpers; The domestic helper’s case [accused for theft by the employer] on appeal, the guilty charge was acquitted by the High Court; Foreign workers and the 2014 Population White Paper – will harmony at workplaces fix productivity woes and GDP growth?

Posted on January 8, 2017 by tankoktim

================ Part-time home cleaning scheme…. ======== . Part-time home cleaning scheme expanded to include basic care for children and elderly Follow us on Instagram and Tiktok, and join our Telegram channel for the latest updates. Published March 14, 2023 in … Continue reading →

Posted in Budget 2017, Cost of Living & Retirement Adequacy, Inflation and Rising cost of living, Labour, Medical & Health, Politics, Population, Productivity, Social issues, Socialistic Policies | Tagged , | Leave a comment

Good governance? What is the present total value of Singapore, total worth? How many trillions? Be PM of Singapore is a thankless job; Governing Singapore after Lee Kuan Yew; His legacy? Will red dot have another LKY? Or, will red dot go for a populist and westernised govt? What are the lessons from the one-term US’s 46th POTUS presidential election for Singapore?

Posted on May 2, 2015 by tankoktim

What is the late LKY’s legacy?   Is it still relevant to present-day Singapore and the world? [please see below the article: “In post-Lee Kuan Yew world, is his strategic vision still relevant?”  by Han Fook Kwang, Editor-at-Large on April … Continue reading →

Posted in Business & Finance, Corruption, Cost of Living & Retirement Adequacy, COVID-19 coronavirus Pandemic in 2020, Economy; Perfect Economic Storm? When?, Government, Govt's Budget, HDB Public Housing; affordability; EIP policy; and resale prices;, 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?, Lee Kuan Yew's Legacy [His life 1923-2015], Nation Building, National Reserves, Politics, Social issues, Socialistic Policies | Tagged , , , , , | 1 Comment

Retirement adequacy – a long-term concern? How to top-up CPF for Gig workers/the 20% lower-income groups? Will the Govt have the political will to have policies that stand in good stead for us to be an inclusive society? How to have socialist policies for the sake of Singaporeans’ well-being; All about money; More should be done when we are hit by an economic storm;

Posted on March 16, 2015 by tankoktim

========== . Retirement adequacy for the poor [the 250,000 or the 25% at the base of our society] must be one of the top social issues to be discussed and addressed. How it should be addressed and why? What are … Continue reading →

Posted in Budget 2015 - new policies?, Cost of Living & Retirement Adequacy, CPF, Economy; Perfect Economic Storm? When?, GE2020 on 10th July 2020; and one year later;, Government, Govt's Budget, GST, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, Medical & Health, MediShield Life mandatory medical insurance, Minimum Wage; PWM and WIS in Singapore's wage policies, MRT, National Day Rally - new policies and strategies, National Reserves, PG and CHAS, Politics, Silver Support Scheme, Social issues, Socialistic Policies, The Govt listened and implemented my ideas and feedback, Transport, Workfare income supplement; Progressive Wage Model | Tagged , , , | 2 Comments

Singapore – be the number One data centre; Be a truly smart nation using AI and IT to remain competitive internationally; I wrote in July 1991; Postal Services – the bar code system has improved productivity;

Posted on September 3, 2014 by tankoktim

=========== . Singapore puts ‘temporary pause’ on new data centres: Why and what it means for the industry Email, videos, social media content — anything you do online — are stored in data centres like these. By Tang See Kit@SeeKitCNA … Continue reading →

Posted in Business & Finance, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Education; What is Complete Whole Person Education?, Food & Drinks; hawker centres; foodcourts;, Inflation and Rising cost of living, International Politics, Super Power Politics; Trade and Tariffs Friction;, IT. AI, and Computerisation; Robots; Space Technology; Astral Particle Information System, Productivity, The Govt listened and implemented my ideas and feedback | Tagged , , , | Leave a comment

Inflation; The true causes: how should the government address both the consumers’ demand and supply factors? The impact due to government interventions, actions and policies? Cost of generating electricity – all modern equipment use electricity; It has impact on rising cost of living; When to have a Counter-Inflation Fund?

Posted on March 5, 2014 by tankoktim

============== . What is inflation? What are the true causes of inflation? A capable government is one that can keep the cost of living down for the lower-income groups, the 25% at the base of the pyramid. How? Solutions? What … Continue reading →

Posted in Budget 2014, Business & Finance, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, 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?, Politics, Social issues | Tagged , , , , | Leave a comment

Less scholarships and more bursaries – give it to who and how? Educate all to highest potential; Give more bursaries to the average students from poor families; Educating human beings: is it for them to lose their soul but gain the whole world? And some educated, end up in court and behind bars; What is Complete Whole Person Education? What is incomplete education? Early academic gaps, different starting points; Private education industry; and private tuition;

Posted on September 18, 2013 by tankoktim

========= . Scholarships and bursaries… how to give more not less and to who? What is the solution for giving both to those who need it most? Sharing: https://tankoktim.wordpress.com/2013/09/18/scholarships-for-the-kids-from-poor-and-rich-families/ ========== . Prof. Tommy Koh on his Facebook on 8 Dec … Continue reading →

Posted in Corruption, Education; What is Complete Whole Person Education?, Fate, Destiny, Accidents & Coincidence, Government, Inflation and Rising cost of living, Nation Building, National Reserves, Politics, Social issues, Socialistic Policies, Total Defence | Tagged , , , , | Leave a comment

Population TFR growth; more child births by having 24-hour child-care centres; Part-time home cleaners and domestic helpers; Enhance the base for formal education of our pre-school children; Bring the cost of pre-school down; NTUC will give to low-income families with children attending NTUC pre-schools a one-time $400 top-up to their Child Development Account (CDA); Grandparents – second helpers of grandchildren; an invaluable source of childcare support;

Posted on January 22, 2013 by tankoktim

======== . Part-time home cleaning scheme expanded to include basic care for children and elderly Follow us on Instagram and Tiktok, and join our Telegram channel for the latest updates. Published March 14, 2023 in todayonline SINGAPORE — A scheme … Continue reading →

Posted in Cost of Living & Retirement Adequacy, Education; What is Complete Whole Person Education?, Government, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, Labour, Medical & Health, Nation Building, Politics, Population, Productivity, Social issues, Socialistic Policies | Tagged , , , , , , , | Leave a comment

Hawker food prices? Who pay for price increases? Rising HDB hawker stalls and shops’ rental affect all – Keep the COL and food cost down in hawker centres; How? CDC S$100 vouchers; Going cashless in hawker centres? Keep it clean and the birds out; UNESCO – S’pore’s hawker culture on Unesco heritage list; Are we paying hawker centres appropriately for the culinary skills? Do some owners rent out the stall for passive income?

Posted on March 7, 2012 by tankoktim

======= . We pay. All pay. Unable to pay, buy and throw away if unable to DIY repair. This is the Australian way. Buy and Throw Away way of life unless you can pay for expensive repair costs or DIY. … Continue reading →

Posted in Cost of Living & Retirement Adequacy, Food & Drinks; hawker centres; foodcourts;, Government, Govt's Budget, GST, Hawker Food -Top Favourites, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, Labour, Minimum Wage; PWM and WIS in Singapore's wage policies, PG and CHAS, Productivity, Properties, Silver Support Scheme, Singapore in 1960s, Social issues, Socialistic Policies, State Land, Workfare income supplement; Progressive Wage Model | Tagged , , | 2 Comments

NTUC should help jobless members – in Business Times 10Feb2011; What other benefits are there for their members? Will unemployment insurance be the answer?

Posted on February 10, 2011 by tankoktim

====== . What can NTUC do to help its members? Is unemployment insurance the answer? What else is missing? What did I write on this in Feb 2011 in Business Times?   Please see copy below . ============ . Commentary: … Continue reading →

Posted in Business & Finance, Cost of Living & Retirement Adequacy, CPF, Economy; Perfect Economic Storm? When?, Inflation and Rising cost of living, Labour, Minimum Wage; PWM and WIS in Singapore's wage policies, Politics, Productivity, Social issues, Socialistic Policies, Workfare income supplement; Progressive Wage Model | Tagged , , | Leave a comment