Sembcorp Industries Analysis

Sembcorp Industries Ltd is a company that engages in the production and supply of utilities services, terminaling and storage of petroleum products and chemicals. The Company’s segments include Utilities, Marine, Urban Development, and Others/Corporate. The Utilities segment offers energy, water, on-site logistics and solid waste management to industrial and municipal customers. The Marine segment focuses…

Role of the State in Singapore

Much has been discussed on the prevailing role of state intervention all around the world. The discussions of state intervention have frequently been associated as an exemplary cause of poor countries. Though the list is not exhaustive, there remains a minority in which the extremeness of state intervention in the country has been the sole…

6 Challenges Singapore will face

6 Challenges Singapore Face Recently, a trip to The Future of Us Exhibition got me thinking of how will Singapore be like during SG100. The exhibition portrayed a very dynamic yet unrealistic future of Singapore. Yet as we take a moment to look back at the past 50 years of transformation,

Currency War: US and China

The rise of China’s economic power since the past decade has raised concerns regarding the ability to sustain such growth and whether it will be able to overtake the US as the global reserve currency.

Minimum Wage Laws

In light of the upcoming General Election for Singapore, many political parties are campaigning to entice citizens to vote for them. Among a bundle of policies being promoted by different parties, one of which is the implementation of a minimum wage of $1,000 by the workers party. “Such a move would not only help the…

The Great Depression – A Monetarist’s View

After such a long period, the topic on the cause of The Great Depression has yet to reach a definite answer. The Marxists contended that the depression was unavoidable under free-market capitalism as there was no restrictions on accumulations of capital which when over-accumulate will tend to lead to a crisis. On the other hand,…

What happens if Greece defaults?

Hey I’ve successfully completed my military training phase! So… throughout my 72km route march, a thought occurred to me. What happens if Greece defaults on its debt? It seems pretty bad IF the EU actually allows it to happen, but what if… it really does happen?

A Tribute to Mr. Lee Kuan Yew’s Contributions

The recent passing of Singapore’s first Prime Minister Mr. Lee Kuan Yew on March 23rd has left a very deep mark on Singaporeans. Without him, Singapore wouldn’t be what it is today, a developed nation. A man with lots of controversies, he managed to lead Singapore from a country with no natural resources to one…

Free Market Capitalism and Wealth Inequality

Many countries around the world avoided free market capitalism due to many reasons one of which is that it leads to wealth inequality. Is it really that case? Well, the truth is, where there is wealth, there is inequality. Inequality is a real problem and it cannot be eliminated. A society that puts equality before…