Philip Chua Business Blog

Posts Tagged ‘tharman shanmugaratnam’

FINANCE Minister Tharman Shanmugaratnam yesterday said the government will use every tool at its disposal ‘in a calibrated fashion’ to prevent boom and bust in the property market. One day after the Monetary Authority of Singapore served notice of further action to cool the housing market if needed, in the face of growing speculation risks, Mr Tharman spoke about the need to manage the property cy… more

(SINGAPORE) Go for higher growth and develop ‘real depths of capabilities’ in seven or eight areas. That, in a nutshell, is an economic strategy Finance Minister Tharman Shanmugaratnam sees for Singapore in the face of growing volatility.
‘Don’t go for a lower growth path for the sake of managing volatility. Go for a higher growth path but prepare our businesses and our workers well for the occas… more

THE Singapore economy has staged a stunning recovery since the second quarter and economists are unanimous that it will continue into 2010. The STI has jumped 86 per cent from its low on March 9 and the property market has turned frothy.
Yet, Finance Minister Tharman Shanmugaratnam announced in Parliament on Monday that he will present another big-spending budget next year, on the heels of the ext… more

(SINGAPORE) Finance Minister Tharman Shanmugaratnam yesterday said that even more money will be pumped into the economy through the 2010 government budget – in what some see as a suggestion that the current rebound will not hold up without support.
‘We are spending a lot more next year and the coming years compared to the past. If we take infrastructure alone, we are spending more,’ he told Parlia… more

ONE year on from the start of the global financial crisis, many lessons are being learnt amid the wreckage of what was once held to be conventional wisdom.
But it is important not to take the wrong lessons away from the turmoil, emphasised Finance Minister Tharman Shanmugaratnam, speaking at the fourth Russia-Singapore Business Forum yesterday.
The minister told some 600 Russian and Singaporean bu… more

SINGAPORE should prepare for the possibility of a sluggish world economy or even a double-dip recession next year, Finance Minister Tharman Shanmugaratnam cautioned yesterday.

#related .quote{background-color:#E7F7FF; padding:8px;margin:0px 0px 5px 0px;}
#related .quote .headline {font-family: Verdana, Arial, Helvetica, sans-serif; font-size:10px;font-weight:bold; bord… more