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An unquenchable thirst for hope in a desert of despair

An unquenchable thirst for hope in a desert of despair

At the recent National Day holiday, I was at a big family get together for a barbeque dinner. Our chit-chat moved to the topic of politics and readers would know from my regular contributions to TRE about my stand on GRC/Electoral Boundaries, PAP policies on immigration, and our leadership in particular. However, as discussions... 

Don’t confuse branding with banding

Don’t confuse branding with banding

The World Economic Forum consistently ranks Singapore in the top three for the quality of our education system and top for mathematics and science education. So, I was surprised by the move to abolish secondary school banding. I had expected primary school standards to be calibrated first, as these are beyond what parents, even... 

The Link Between Chinese Stimulus, Las Vegas Gambling, and Singaporean Accounting

The Link Between Chinese Stimulus, Las Vegas Gambling, and Singaporean Accounting

There is a great Wall Street Journal article about how the rapid increase in high stakes Chinese gamblers in Las Vegas is prompting money laundering concerns.  Given that Chinese citizens are only legally allowed to take $50,000 USD out of China a year, how can they wager up to $400,000 USD in Las Vegas? There are three things... 



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