realsingapore

realsingapore | Joined since 2015-02-20

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2015-02-20 15:16 | Report Abuse

PAP accused WP of benefiting their "supporters". Let's see how PAP benefits themselves and their next-of-kins.

Lee Hsien Loong’s wife (Ho Ching) is CEO of Temasek Holdings. Lee Hsien Loong’s sister (Lee Wei Ling) is Head of National Neuroscience Institute (a PAP government medical institution). Lee Hsien Loong’s brother (Lee Hsien Yang) is Chairman of Civil Aviation Authority of Singapore (a PAP government statutory board)...."

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2015-02-20 15:15 | Report Abuse

There are also no statistics on “debts” in Singapore, in the article.

Singapore is ranked third in the world after Japan and Ireland for debt owed by households, nonfinance corporations and government – at 382 per cent debt-to-GDP ratio.

Singapore’s household debt-to-GDP ratio at 73 per cent in 2013 is also one of the highest in the world.

Singapore’s corporate debt-to-GDP ratio at 78 per cent (Q2 2014) is also one of the highest in the world.

Singapore’s public debt-to-GDP ratio at 105.5 per cent (2013 estimate) is amongst the top ten countries in the world

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2015-02-20 15:14 | Report Abuse

Singapore’s household debt-to-GDP ratio at 73 per cent in 2013 is also one of the highest in the world. Singapore’s corporate debt-to-GDP ratio at 78 per cent (Q2 2014) is also one of the highest in the world.

Singapore’s public debt-to-GDP ratio at 105.5 per cent (2013 estimate) is amongst the top ten countries in the world