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Mr Lui, let me tell you why SBS and SMRT should be nationalized

Mr Lui, let me tell you why SBS and SMRT should be nationalized

Mr Lui, If the two Temasick-owned public transport companies, SMRT and SBS have to be constantly looking for taxpayers to fund their operations in order to make their fares affordable to the public, then the two companies should be nationalized. The reasons are simple. 1. When the taxpayers funded free capital to the two transport... 

Generals shouldn’t shy away from an electoral battle in Punggol East

Generals shouldn’t shy away from an electoral battle in Punggol East

"The Constitution does not require me to call a by-election within any fixed timeframe. I will carefully consider whether to call a by-election in Punggol East and, if so, when. I assure Singaporeans that I will make my decision based on what is best for the constituents of Punggol East and the country." ~ PM Lee Hsien... 

Singaporean Accounting at Its Best

Singaporean Accounting at Its Best

As I have written about the discrepancy between inflows into Singaporean public assets, reported earnings, and then the amount they claim as assets under management, the question of how to reconcile these divergent numbers arises.  There are numerous reasons for the difference between earnings, inflows, and assets under... 



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