Category: Uncategorized

CECA and Other Free Trade Agreements – An Explanation

CECA and Other Free Trade Agreements – An Explanation

1. Singapore is extremely dependent on trade. In fact, we have the HIGHEST trade to GDP ratio in the entire world , at over 300%. Between 2008 and 2011, it even averaged 400%. 2. This makes Singapore extremely vulnerable to anti-trade measures, such as tariffs. Conversely, we also disproportionately benefit from free trade agreements. 3.…

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“Fake News Law” – Some Thoughts Before The Second Reading

“Fake News Law” – Some Thoughts Before The Second Reading

On Tuesday, the Protection from Online Falsehoods and Manipulation (POFMA) Bill goes to Parliament for Second Reading, a culmination of a month-long lively debate. Some observations before we enter the final stretch: ENGAGEMENT Ministers, and in particular Law Minister K Shanmugam, have gone out of their way to engage and respond to local critics. I…

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May Day Op-Ed: The PAP and The NTUC

May Day Op-Ed: The PAP and The NTUC

In his maiden speech as DPM, Mr Heng Swee Keat spoke about the close relationship between the PAP and the NTUC, and how this helped Singapore weather many storms in ‘the early years’. THE PAST The PAP and the NTUC were close because of a shared and fraught history. The PAP split in 1961 when…

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Op Ed : Fake News Laws in Singapore

Op Ed : Fake News Laws in Singapore

I have been wondering why there has been little traction with the objections towards the fake news laws. One criticism is that letting Ministers have the first say in take-down orders puts too much power in their hands. Apart from most Singaporeans being more interested in material values and bread and butter issues, one reason…

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Budget 2018: More thoughts

Budget 2018: More thoughts

In the post Budget 2018 discussion, I feel there are some wong arguments, but also opinions based on value judgements where there isn’t a clear right or wrong. First, there are the usual snake oil sellers who tell you that we can spend more money without raising revenue, or insisting we should draw on our…

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CHANGES TO THE POLITICAL SYSTEM – PRESIDENTIAL ADDRESS 2016 January

CHANGES TO THE POLITICAL SYSTEM – PRESIDENTIAL ADDRESS 2016 January

The one thing that stood out in yesterday’s Presidential Address was the remarks about possible changes to Singapore’s political system. As I have argued before, whilst the PAP still has its 2/3 majority, it needs to implement constitutional changes to safeguard the future of Singapore, and ensure we avoid the degeneration that Western political systems…

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An Act of War

An Act of War

President Hollande has finally called the Paris attacks what they really are – an act of war. It is inane to characterise these and similar attacks as mere acts of terror or the acts of religious extremists. ISIS has grown into a state that both operates within a physical, geographical domain in the Middle East,…

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The Final Chapter

The Final Chapter

In the last few days, the reality is finally setting in that Mr. Lee Kuan Yew is entering the final moments of his life. When the news began to filter to me on Wednesday that the media were gathering at the Singapore General Hospital, and there were sightings of next-of-kin arriving, I too thought that…

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