But investments and social spending are costly, and the Government must make sure it can afford them, he said. Speaking to about 2,000 activists at the PAP convention, Mr Lee said that while Singapore has enough revenue for this term of Government, spending has been going up and must rise further. And as Singapore’s spending needs grow, he stressed that Finance Minister Heng Swee Keat was right when he said that raising taxes is not a matter of whether, but when.
So, what percentage of 2-room flats are actually purchased with the maximum housing grants, such that the price is only $8,000? Isn’t this kind of misleading? At least in the past – I understand that both the prices before and after grants were shown. Would the Advertising Standards Authority of Singapore (ASAS) care to comment?
15th November morning, I was riding the MRT towards Joo Koon from Pioneer. I was at the front cab of the train that almost reached Joo Koon MRT. At exactly 8.20 am, there was a loud bang, and a violent shaking threw everyone onto the floor. The lights also suddenly went out. I almost thought we were about to fall over.
I refer to the article “At APEC, PM Lee calls for fair distribution of globalisation’s benefits” (Channel NewsAsia, Nov 11). It states that “It is important to ensure that the economic benefits of digitalisation and globalisation are “fairly distributed”, said Singapore Prime Minister Lee Hsien Loong on Saturday (Nov 11).