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Lee Kuan Yew: My mission was to establish a clean government

Lee Kuan Yew: My mission was to establish a clean government

Former Minister Mentor Lee Kuan Yew, who was Singapore's first Prime Minister, wrote a preface for the Corrupt Practices Investigation Bureau 60th anniversary commemorative coffee table book. Here is the full text: Lee Kuan Yew In a region where corruption is endemic, Singapore has remained clean. From 1959 when the PAP first... 

Shunfu HUDC fetches record S$1.28m

Shunfu HUDC fetches record S$1.28m

Less than a week after an executive flat in Queenstown was sold for S$1 million, it has been reported by The Straits Times that a HUDC flat at Shunfu Road in Bishan was sold in July at an eye-popping price of S$1.28 million, or around S$762 per sq ft. This sets a new record for a HUDC flat, beating last year's sale of a 1,668... 

The IMF Re-Re-Statement of Singaporean Public Finances

The IMF Re-Re-Statement of Singaporean Public Finances

Earlier this summer, I wrote about the International Monetary Fund restating the historical Singaporean public surplus by an astounding $158 billion SGD.  The IMF increased the size of the Singaporean government surplus from $271 billion SGD to $429 billion SGD between 1990 and 2010.  Most interestingly, the increase in the... 



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