Assoc Prof Jamus Jerome Lim (Sengkang): Thank you Chairman. Two clarification questions about the COMPASS framework. The first has to do with the scoring which currently gives 20 points default to firms smaller than 25 PMETs and I understand the premise behind that. The concern here is, of course, that it creates potentially a cliffContinue reading “COS 2022: Clarifications on COMPASS Framework”
Category Archives: Jamus Lim
COS 2022: Carbon Offsets that Work
Assoc Prof Jamus Jerome Lim (Sengkang): Presently, most carbon offset programmes often serve as little more than a palliative. Typically, parties interested in reducing their carbon footprint, the climate-conscious non-profit hoping to attend an environmental conference on the other side of the world, say, will purchase offsets from a vendor or exchange equivalent to the amountContinue reading “COS 2022: Carbon Offsets that Work”
COS 2022: Clarifications on Exports, FTAs, and Productivity
Assoc Prof Jamus Jerome Lim (Sengkang): Thank you, Chair. I have three clarification questions: two for Minister Gan and one for Minister Tan. For Minister Gan, he had gone into some detail in explaining the evolution of our economy toward exportable services. Just to help us get a better understanding, I wonder if he isContinue reading “COS 2022: Clarifications on Exports, FTAs, and Productivity”
COS 2022: Clarification on Blocking Russian Airlines and Private Aircraft from Changi
Assoc Prof Jamus Jerome Lim (Sengkang): Thank you, Mdm Deputy Speaker. Just a quick clarification for the Minister. He mentioned earlier on in his speech that the specific announcements with regard to Ukraine, in terms of how Singapore with respond in terms of embargoes, were still being worked out. But I wonder if he could elaborateContinue reading “COS 2022: Clarification on Blocking Russian Airlines and Private Aircraft from Changi”
Clarifications on Corporate and Wealth Taxes, and Land Sales in Reserves
Assoc Prof Jamus Jerome Lim (Sengkang): Thank you, Speaker. I thank the Minister for his stout and robust defence of the need to raise GST. I have three clarification questions with regard to three separate areas. The first has to do with corporate taxation. And the question is, whether the Government plans to subscribe toContinue reading “Clarifications on Corporate and Wealth Taxes, and Land Sales in Reserves”
COS 2022: Toward a Digital Sing Dollar
Assoc Prof Jamus Jerome Lim (Sengkang): Sir, MAS has already expended significant effort and resources to better understand the nature, function and practical operations surrounding the possibility of a digital currency issued by our central bank. Based on public documents issued by the Economic Policy Group, the conclusion is, to somewhat over simplify that SingaporeContinue reading “COS 2022: Toward a Digital Sing Dollar”
Clarification on Approach to Raising Revenue
Assoc Prof Jamus Jerome Lim (Sengkang): Thank you, Mdm Deputy Speaker. I just wanted to clarify a few points. And I understand that by peppering Minister Tan with more questions, we might end up making him yet more thirsty, but it is important, I think, to get some of the points that we made right. IContinue reading “Clarification on Approach to Raising Revenue”
Debate on Annual Budget Statement 2022
Assoc Prof Jamus Jerome Lim (Sengkang): Mr Speaker, in my speech, I wish to explain why raising GST is a bad idea at this point in time, how it will also be bad for working families and what we can do as alternatives to raising GST to meet our fiscal needs. Minister Wong began his speechContinue reading “Debate on Annual Budget Statement 2022”
INCOME DATA OF LONG-TERM UNEMPLOYED POPULATION WITH BREAKDOWN BY INCOME GROUP IN PAST THREE YEARS AND HELP MEASURES PLANNED
Mr Leon Perera asked the Minister for Manpower (a) for each year in the past three years, what is the income data of the long-term unemployed population with a breakdown by income groups; (b) what are the top five industries with the highest long-term unemployment rates; and (c) what are the plans to support long-term unemployed workersContinue reading “INCOME DATA OF LONG-TERM UNEMPLOYED POPULATION WITH BREAKDOWN BY INCOME GROUP IN PAST THREE YEARS AND HELP MEASURES PLANNED”
APPLICATION AND APPROVAL PROCESS FOR REGISTERED FUND MANAGEMENT COMPANY, LICENSED FUND MANAGEMENT COMPANY AND VENTURE CAPITAL FUND MANAGEMENT PERMITS
Assoc Prof Jamus Jerome Lim asked the Prime Minister (a) what is the respective average, minimum and maximum duration from application to the final approval of licences of (i) Registered Fund Management Company (RFMC), (ii) Licensed Fund Management Company (LFMC) and (iii) Venture Capital Fund Management (VCFM); and (b) what are the usual challenges faced by applicantsContinue reading “APPLICATION AND APPROVAL PROCESS FOR REGISTERED FUND MANAGEMENT COMPANY, LICENSED FUND MANAGEMENT COMPANY AND VENTURE CAPITAL FUND MANAGEMENT PERMITS”
Office of the Leader of the Opposition 