Our sustained inflation is due to GST increment

[orh mee suah]

deleted

 

[k1976]

Why say like that?
Good Hands alway watch out and take care of u mah

 

[True Believer]

The reason for "sustained inflation"

 

[True Believer]

The reason for "sustained inflation"

 

[Rabbit7]

Wheat prices is now at two-years low, lower than before Ukraine-war started, my NTUC and TOP bread still so expensive. Gardenia worse, $2.90.

GST-increment has caused inflation exponentially across all sectors and it is not coming down. This is the steepest inflation in recent memory. What kind of government will raise consumption taxes during such period.

Wheat drops to 2-year lows
https://www.marketscreener.com/news...-2-year-low-as-supply-concerns-ease--43699310

Singapore core inflation holds firm.
https://www.straitstimes.com/business/singapore-core-inflation-holds-firm-at-55-in-february

What about the High Property Prices, Rentals (to cover the High Mortgages)?

Has anyone dons costings and tabulated the Rental-Cost Elements to all Businesses ?

 

[Chase]

CNA asks, "Why is inflation taking so long to moderate in Singapore"
Answer: Our inflation is self-inflicted - your GST, your COE, your utilities, your carbon taxes

 

[congo9]

After collecting so much from GST increment, they still want to increase S&CC? small money also want?

There arent many creating large revenue with the investment team from our GIC and GLC. They are just not in the league of Norway funds or Blackstone or black rock calibre.

 

[Chase]

There arent many creating large revenue with the investment team from our GIC and GLC. They are just not in the league of Norway funds or Blackstone or black rock calibre.

Norway's sovereign funds operate with the vision of strengthening their country and their country's businesses.

Common ground - our officials are as highly paid.

 

[laksaboy]

There arent many creating large revenue with the investment team from our GIC and GLC. They are just not in the league of Norway funds or Blackstone or black rock calibre.

None of those entities are a slush fund for kleptocrats. Temasek, on the other hand, is.

https://en.wikipedia.org/wiki/Slush_fund
https://en.wikipedia.org/wiki/Kleptocracy