Will the Jobs Credit Scheme save jobs?

Feb. 4 | An extract of the speech delivered in Parliament by NMP Siew Kum Hong, querying the effectiveness of the Jobs Credit Scheme. To read the full speech, visit his blog. I NOW  turn to the Jobs Credit scheme. It is one of the lynchpins of the Budget, and...

Why this is not election year

Jan. 28 | PN Balji     Budget 2009 has been praised by many as a budget fit for the times. And in a highly-calibrated statement, Finance Minister Tharman Shanmugaratnam offered something for nearly every body and went close to the extreme to save jobs and...

NSP on Budget 2009

Jan. 24 | One day after Finance Minister Tharman Shanmugaratnam ntroducing the Budget for FY2009, National Solidarity Party (NSP) took to Speakers’ Corner to share its view on the budget. Following is an excerpt of some of the key points made by its leaders. Mr...

The Budget

Jan. 23 | Leong Sze Hian 12% credit wage reimbursement Since employers can already cut wages, cut the work week and ask workers to take “no pay” leave, to what extent will the 12% job credit wage reimbursement up to the first $2,500 of wages for workers who...

Budget 2009 – good or bad?

Jan. 22 | I think we did not do enough in the area of cost reduction. This is a very urgent issue, I know that the government can do a lot. Freezing government charges alone, probably, was not sufficient. We could have reduced and also looked at other areas to...

Tax cuts not the way to go

Nov. 13 | As the government prepares for next year’s budget, our writer Ravi Philemon ponders on the possibility of tax cuts and what that may result in. Ravi Philemon / Writer I am concerned that another round of personal and corporate tax cuts may leave the...