Pampering the paper generals
RADM (NS) Ronnie Tay, CEO of NEA Early retirement for armed forces personnel used to be age 45. Presumably that's when the bones start to ache and marksmanship is adversely affected by deteriorating eyesight. Time to let the younger ones take over the dangerous task of defending the country. Desk job jockey officers, however,...
Countering MAS’ rebuttals against Forbes article
MAS Recently, the MAS has made some attempts to rebut Jesse Colombo’s article published on Forbes ('SG’s economy is heading for an Iceland-style meltdown') that Singapore is headed for a housing bubble. I find MAS’ rebuttal points flawed as I will discuss below. Strong household balance sheet with weak cash flows? The...
HDB flat in Bishan sold for record $1.05 million
A HDB executive maisonette in Bishan Street 13 was sold for a record S$1.05 million in December with cash-over-valuation of S$250,000, according to market data. Located on the 20th floor of Block 190, the 150 sq m (approx. 1,615 sq ft) flat was listed on real estate portal PropertyGuru for about one month and attracted keen...
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