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Singapore: Economy bounces back, but…?

Singapore: Economy bounces back, but…?

The 2008 global crisis and its aftermath have not adversely impacted Singapore’s medium term growth performance. After only 1.4 per cent growth in 2008, and negative 2.0 per cent growth in 2009, the economy rebounded strongly in 2010, with the most recent projected growth rate of 14.8 per cent. The cyclical upturn in the global... 

One law for the “Elites” and another for the ordinary Singaporeans?

One law for the “Elites” and another for the ordinary Singaporeans?

Singapore state controlled newspaper Straits Times online edition of Jan 03, 2010 has the story "Chief Justice urges criminal lawyers to be ethical". In it, the Chief Justice of Singapore Chan Sek Keong, a Lee Kuan Yew minion, says that criminal lawyers should no longer appeal criminal cases unless meritorious, because otherwise... 

Buoyant property prices a sign of rising debt as opposed to rising wealth?

Buoyant property prices a sign of rising debt as opposed to rising wealth?

With property prices escalating into no man’s land, we see paper wealth rise with the proportion of debt. This is brought about by loose housing policies coupled with the loose granting of Permanent Residence to foreigners, this diabolic formula creates a surge in demand, and inflates prices way beyond their actual value and... 



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