5/29/2008
Knocking on the door of Opec
Indonesia quits Opec. It has become a net importer of oil despite its huge reserves. So no point staying on as a member. Never mind, Singapore should register its interest to take over Indonesia's vacated seat.
We have all the wherewither to be an Opec member now. We have the sea in front of Pedra Branca to explore our oil. We have our oil rig builders to build all the rigs that we want. And we have the oil refineries to refine the oil. And we have all the supporting services to go oil exploring and oil digging.
A new company, maybe call it SinOil, will soon come into the picture when Singapore starts to produce its own oil. Boom town Charlie for Singaporeans. We will be able to finance all the retirement schemes for our aged citizens.
Another 100 years of prosperity.
Myth 181 - Low taxes
Our income tax has been lowered quite substantially. Estate Duty has been removed. Corporate taxes also lowered. And we have a free port where many things are tax exempted. Singaporeans must be paying the lowest tax in the world. Very true, for the very rich. The richer you are, the lower you are taxed unless you buy that yacht or that bungalow in the sky.
On the other hand there are many kinds of 'taxes' that Singaporeans are paying. CPF, Medisave, CPF Life, Minimum Sum are all taxes in different guises. Basically they take your money away, with a promise of returning them some time in the future. Even the choice of hospital wards is a kind of compulsory choice to pay.
Then we have taxes on cars, road tax, road usage tax called ERPs, petrol, COEs, TV and Radio Licences and all kinds of licences, Consumption Taxes on utilities, taxes to teach you and remind you water is precious, contributions to compulsory social services like CDAC, Mendaki, Sinda, and the all pervasive and comprehensive GST that go on top of all the purchases, including those already taxed, like cars, essential services, petrols, and whatever.
Is it really true that Singapore is a tax haven? For corporations and doing business, perhaps. For the people, what is the absolute amount of tax that the people are paying vis a vis say UK, US and Australia or even Malaysia?
5/28/2008
Engaging the bloggers
Najib Razak agreed that it is important and correct to engage bloggers and clear whatever misconceptions or misperceptions there are among the people of the govt. It is simply communication, talking to and with the people. This is one of the good things that came out of the recent political earthquake in Malaysia.
The earthquake has propelled Malaysia ahead of Singapore in openess and willingless to engage bloggers. Their politicians are even confident enough to advocate that all politicians must have their own blogs to share their thoughts on things. Such attitude cannot have happened in a political system when politicians would have to double check with the boss for approval before sharing their views. Malaysia is going to lead Singapore in this area.
Posting in cyberspace requires a lot of give and take as words could not always describe correctly or accurately what the poster intended. Also, without mischief or malice, some words or views may come out harsh and very critical. At times they are due to misconception, misunderstanding or wrong interpretation of things. And all these can easily be clarified and straightened with two way communications that cyberspace is best at.
Honest people posting in cyberspace should engage honest people in a gentlemanly way even if both do not see eye to eye. Views can be different or opposing. No matter. What is unfortunate will be for some uptights to resort to threats and taking people to courts for the slightest misunderstandings or misrepresentations. Adults must be allowed to talk it out, reason it out in a rational and graceful manner. Then we will have progress as a civilisation and keep pace with the progress in technology, like internet and cyberspace.
Only when the intent is more than simply an airing of views, when there is intent to mislead, to libel, to attack someone's integrity wrongfully, and when sincere exchange of views were ignored, then there is ground to seek legal justice.
At the moment cyberspace is seen as a dangerous place, where angels fear to thread.
No to subsidised petrol for Singaporeans
It is a right move by the Malaysian govt to stop subsidising petrol to foreigners. On a matter of principle, a country should only subsidise living cost to their citizens. Subsidising foreigners is like giving away taxpayers' money. It must be citizens first.
I think Malaysia should be very appreciative of our ingenious 3/4 tank rule. It puts a lid on Singaporeans benefitting from their generosity, or exploiting their generosity.
On the business point of view, to attract foreigners to spend money in Malaysia, especially around JB, now that is a different issue. Big shopping centres don't mind giving special discounts or offers, or giveaways to attract shoppers. Is the subsidised petrol a giveaway discount to attract shoppers? Issues like this cannot be simply done away with. It is quite complicated and need a little more thoughts.
No legislation on rest days for maids
The onus or privilege is left to the employers to look after the maids well. The fact is that many employers have not been treating the maids well. Why are we not legislating at least one day a week as rest days for maids? It is only decent and human to allow the maids a day off a week like all workers. If as a country we are unable and did not want to do it, we can expect employers to think that it is alright to do so. Individually some employers may not want to do it. As a country, as a people, it is important that we get this message across that maids are human beans and need a rest day.
Maids are not indispensable for 365 days a year. There are just like tools of convenience for those who can afford them. But they are not mechanical. It is unbelieveable to accept the notion that our families cannot live without a maid for one day in a week. And if they really need a maid everyday, pay for it. It is definitely a luxury. Maid is a new development and a new help for families.
We, as a people, fails miserably in this area. This is not even about being graceful, it is about being disgraceful. We don't expect ourselves to work everyday of the week but we expect another human bean to do so for our comfort.
What are we becoming when we get richer?
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