Singapore Parody! If histories can tell us something, let us reminisce on the past.
2008, town councils' using sinking funds incurred massive losses with structured bonds. In 2013, an article surfaced that GM of JTC is also the MD of UGL P. which owned Esmaco, the contractor employed by JTC itself. In 2015, MP Ah Huey defended her company’s...
FAS $25m, MDA $27m, etc, gone? I refer to the article “Sports marketing firm MP & Silva wound up, FAS $25m deal in limbo” (Straits Times, Oct 19).
It states that “Sports marketing agency MP & Silva (MPS) wrote itself into Singapore’s sporting annals in 2015, signing what was the biggest commercial deal in local football history –...
NEA: No action, meaningless statements on foodcourts? I refer to the article “Jurong West Hawker Centre customers to pay deposit when using trays: Hawker Management” (Channel NewsAsia, Oct 18).
It states that “The Koufu Group social enterprise subsidiary had received complaints from stallholders who had to pay for a tray-return programme that rewarded customers with...
Why is SGX promoting Temasek retail bonds? I received an email from the Singapore Stock Exchange (SGX) on Thursday - an invitation to attend a seminar on Temasek's retail bond.
The retail bond which is being offered by Singapore's sovereign wealth fund, was launched on Wednesday (17 Oct). This bond comes with a five-year maturity and a fixed interest rate of...
Temasek’ 1st or 2nd retail bonds? I refer to the article “Temasek offering first retail bonds at 2.7% fixed interest” (Straits Times, Oct 17).
It states that “Investment company Temasek has launched its first public bond offer for retail investors.”
Someone asked me what is the difference between the subject Temasek’s first public bond for...
NTUC Foodfare: No fish/drumstick, got profits? I refer to the article “NTUC Foodfare: Fish or chicken drumstick not for seniors or Comcare people at subsidized price” (theonlinecitizen, Oct 17).
It states that “Last Thursday (11 OCT), a member of the public, Mr Lee Chee Meng, wrote to ST Forum complaining that NTUC Foodfare does not give patrons much choice...
CNA: Not worth the screen you watch it on? I refer to the “Commentary: A minimum wage isn’t the answer to inequality” (Oct 13).
It states that “The minimum wage has a life of its own, and will face pressure to increase over time. Once introduced, it will be extremely politically and economically difficult to remove, and does nothing for social mobility.
My...
‘Human capital’ good, ‘Inequality’ bad: Apples to... I refer to the article “Heng slams Oxfam report on inequality, saying outcomes matter” (Straits Times, Oct 13).
It states that “Outcomes, not measures of input, are what matters, Finance Minister Heng Swee Keat said yesterday, in a sharp criticism of the way a report arrived at its conclusion that Singapore was...
HDB bear market is more than 5 years already – due to ’99-year... I refer to the article “HDB prices fall 0.2% from previous quarter; 3,800 BTO flats to be released in November” (Straits Times, Oct 1).
It states that “Housing Board resale prices fell 0.2 per cent for the third quarter from the previous quarter this year, according to the latest flash estimates released on Monday...
Is our media among the highest paid in the world? I refer to the article “SPH panel finds two ST editors breached code of conduct” (Straits Times, Oct 4).
It states that “”One editor will be removed from his post, demoted and redeployed; the other will be given a written warning, have his salary docked, and redeployed,” the SPH statement said.”
My friend...
Action Information Management Pte Ltd
Approximately eight year ago on 12 October 2010, 14 PAP TCs collectively awarded the tender for the sale of their Town Council Management System (TCMS) software to Action Information Management Pte Ltd (AIM), a PAP-owned $2 company, for $140,000. The TCs then leased back the software for one year at $131,880, effectively...
Roy Ngerng’s ‘education inequality’ analysis: Some... I refer to Roy Ngerng’s article “Singapore’s Education Outcomes Are Very Unequal at Higher Levels of Difficulty” (thehearttruths, Oct 13).It states that “It is true that Singapore “outperforms the rest of the world” in education – in science, reading and mathematics, and ranks top in human capital.But...
Latest data: Worsening HDB ethnic quota & 99-year problem? After writing “HDB resale flats cheaper than BTO flats?” (Oct 6) – the person (who prefers to remain anonymous) who alerted me to these interesting HDB data in the first place, has just sent me the ‘Private Treaty Sales’ listing for October of just one property portal.
There are 12 HDB ‘Bank Sale’....
HDB Resale flats cheaper than BTO flats? After writing “HDB ethnic quota: Show the data, not ‘talk thru your nose’?” (Oct 2) – someone (who prefers to remain anonymous) alerted me to some very interesting HDB data.
According to the HDB’s web site –
“Consistent Approach in Pricing New Flats
In pricing new BTO flats, regardless of the differences,...
Refuting the ‘refute’ of the ‘149th’ Inequality Index? I refer to the article “S’pore refutes criticism over tackling inequality” (Straits Times, Oct 10).
It states that “Social and Family Development Minister Desmond Lee pointed out that while Singapore’s spending on healthcare and education may not be as much as other nations, the outcomes it achieves in these...
