Which is probably the only country in the world to increase so many things, during the pandemic, and when

May 24, 2022

https://www.facebook.com/laoliang/posts/7712534795431031

… inflation has hit a 10-year high – 5.4% (Apr 2022)

… the overall unemployment rate has increased (Mar 2022)

… GROSS MONTHLY INCOME FROM WORK (EXCLUDING EMPLOYER CPF) OF FULL-TIME EMPLOYED RESIDENTS, 20th percentile Decreased from $2,167 or 6.2% from 2019 to $2,033 in 2020

… dismal economic growth in 2019 (before Covid) of 0.7% – GDP decreased by 5.4% in 2020 and increased by 7.2% in 2021 – does it mean that the GDP growth in the last 2 years was only about 1.4%, or just about 0.7% per year?

Increase in

Parking fines

ERP

Property tax

Public transport fares

Fuel duties

GST (1 Jan 2023)

About the Author

Leong

Leong Sze Hian has served as the president of 4 professional bodies, honorary consul of 2 countries, an alumnus of Harvard University, authored 4 books, quoted over 1500 times in the media , has been a radio talkshow host, a newspaper daily columnist, Wharton Fellow, SEACeM Fellow, columnist for theonlinecitizen and Malaysiakini, executive producer of Ilo Ilo (40 international awards), Hotel Mumbai (associate producer), invited to speak more than 200 times in about 40 countries, CIFA advisory board member, founding advisor to the Financial Planning Associations of 2 countries. He has 3 Masters, 2 Bachelors degrees and 13 professional qualifications.