Parties urged to shun populism

Prime Minister Prayut Chan-o-cha has warned against populist policies being rolled out by political parties to attract voters ahead of the upcoming general election, saying their election pledges could inflict financial burdens on the national budget.Continue Reading

PSP’s Affordable Homes Scheme is a ‘prepaid rental scheme’ that would raid reserves: Indranee Rajah

SINGAPORE: An Affordable Homes Scheme proposed by the Progress Singapore Party (PSP) is in substance a prepaid rental scheme with an “option to buy”, said Second Minister for National Development Indranee Rajah in Parliament on Tuesday (Feb 7). She also said that the scheme would raid Singapore’s reserves. She wasContinue Reading