Boris Johnson tasks UK Chancellor with transforming country into “Singapore of Europe”

Singapore—Mr Rishi Sunak, the Chancellor of the Exchequer of the United Kingdom, has received a very specific mission from Prime Minister Boris Johnson.
Post-Brexit, Mr Sunak will be decreasing the amount of red tape that the other European nations have to contend with.
A full-page spread in the tabloid Daily Mail on Sunday (Jan 17)  read “Let’s make Britain the Singapore of Europe.”
A photo of the spread was shared by Speaker of Parliament Tan Chuan-Jin on his social media pages and has gone on to be widely shared.
Mr Sunak will be leading a new committee called the Better Regulation Committee.
It’s meant to determine the future of business after Brexit, spearheading “an ambitious programme of regulatory reform” that would “push the boundaries, boost creative thinking and inject pace at the centre of government”.
The Chancellor has promised that he will “emulate the dynamic Asian country by ripping up the red tape imposed by Brussels and ‘raising our eyes to look to the future,” wrote the Daily Mail.
The main idea being pushed by the UK is that it can be become a hub in the same way as Singapore, and in the process, draw investments away from other countries such as France and Germany.
The Better Regulation Committee, under Mr Sunak, will carry out the massive infrastructure initiatives that had been stalled by the EU, state of the art science and technology projects, as well as help small businesses badly affected by Covid-19,.
This is not the first time that Singapore has been held up an as example for the UK to follow after Brexit, due to the country’s low-regulation, low-tax economy.
According to the Chancellor, Brexit will lead to ‘Big Bang 2.0,’ a successor to the deregulation of the financial services industry that occurred during the Thatcher years, which brought about a fresh age of wealth creation.
Mr Sunak is quoted in the Daily Mail as saying, “Now that we have left the European Union, we have an opportunity to do things differently and this Government is committed to making the most of the freedoms that Brexit affords us.
This isn’t about lowering standards but about raising our eyes to look to the future – making the most of new sectors, new thinking and new ways of working.”
The Brotherhood is a volunteer group fixing potholes around Malaysia and educating on road safety, formed by director Lando Zawawi. The post These M’sians Really, Really Want To Fix Our Potholes—Even If It Makes Authorities Unhappy appeared first on Vulcan Post.
Nothing unites us like our national hobby of eating, but the story of kueh is as diverse as it is delicious. With a little help from four chefs, each of The post Kuehs R Us: How Our Culinary Heritage Keeps Us Connected appeared first on RICE.
Wong is currently serving a jail sentence for a protest-related charge. This article, Activist Joshua Wong’s family sold home, moved to Australia: Report, originally appeared on Coconuts, Asia’s leading alternative media company.
Singapore—Former Prime Minister Goh Chok Tong took to Facebook on Tuesday (Jan 19) to announce that he had completed his radiation therapy sessions. The first word of his post captured his mood. “Happiness is when you complete your radiation therapy sessions.” Mr Goh also expressed his thankfulness to the medical team that saw him through […]
Samsung has launched its new Galaxy S21 series, here’s a breakdown of its specs and pricing for Malaysians who pre-order. The post Better Cameras Aside, Here’s What Else You May Have Missed From Samsung’s S21 Launch appeared first on Vulcan Post.
Singapore – A question posted on social media regarding installing closed-circuit television (CCTV) cameras on Housing and Development Board (HDB) common corridors sparked mixed responses from the online community. On Jan 12, one Lam Ming Hui asked a few questions on Complaint Singapore’s Facebook page which began a thread among the online community. Ms Hui […]
Singapore—New community cases and the first Covid-19 infection cluster in months may signal the need for additional measures to curb the spread of infections, said Minister Lawrence Wong. Mr Wong, co-chair of the multi-ministry task force assigned to tackle the pandemic, said this in a Facebook post on Monday night (Jan 18). He noted that […]
diagnostic scanner