TR EMERITUS

MYTH #1: Singaporeans owns their HDB flats. TRUTH: Singaporeans are merely renting these 99-year leasehold properties from HDB at exorbitant prices. The Housing Development Board was set up in 1960 during a time when large numbers of people are living in squatter settlements and slums around the city centers. Under the then... 

Sylvia Lim Brilliant speech by Slyvia Lim of Worker's Party worth another re-print. Parliamentary Speech on Minister's Pay - 11 Apr 2007 By Sylvia Lim, NCMP (WP) In the last 2 days, MPs have covered many aspects of this contentious issue of benchmarking Ministerial pay to the private sector at 2/3M48. The Member for Hougang... 

Until the global financial turmoil in 2008, Singapore has enjoyed 10 years of continuous growth of more than 5% per day. The Singapore government has always used GDP growth as a basis for citizens to appraise its own performance. Even a variable portion of their multi-million salaries is pegged to the GDP. Singapore's GDP figures...