Speech by Henry Kwek at World Bank-Lee Kuan Yew School of Public Policy Asia Competitiveness Institute luncheon Today, we’re here to talk about Singapore’s welfare spending, and the budget sustainability. The answer to this question is significantly tougher than it is say a decade ago. Singapore today is A small open economy existing in a moment of hypercompetitive globalization, technological upheavals, amidst fundamental geopolitical shifts. A society staring down on a demographic cliff. A society of people with a heightened national identity,....
Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC at the Second Reading of the Companies (Amendment) Bill [Bill no. 27/2018] Introduction Sir, I rise in support of this Bill. This is a swift legislative response to the Court of Appeal’s proposal in the case of Diablo Fortune Inc v Duncan, Cameron Lindsay to carve out liens on sub-freights from the registration requirement under Section 131(1) of the Companies Act. As the law currently stands,....
PQs from Kwek Hian Chuan Henry, 9-11 July 2018 1.To ask the Minister for Trade and Industry what are the implications on our economy and industries arising from (i) the increasing trade dispute between US and the rest of the world (ii) the current outlook of a multilateralism trading system and (iii) the recent efforts of EU and China in exploring closer trade links. Answer 2. To ask the Minister for Finance on how Temasek Holdings and the Government of Singapore Investment Corporation have performed in terms of investment returns over the long term.....
Henry Kwek (Nee Soon GRC) Debate on President’s Address Inequality, Social Divides and the Ikea Effect; Driving Our Economy Through Data and Digital Transformation Mr. Speaker, I rise in support of the motion. 1. There has been much discussion about fighting inequality and blurring emerging social divides. It boils down to different perspectives – is the glass half-empty, or half-full? a. We have a functional meritocracy with varied pathways of success. But our needy also face structural issues.....