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Property sales also fund our SWFs

Property sales also fund our SWFs

Did you know that when the government sells state land to property developers, the money flows into the reserves (which are managed by our SWFs)  and not into the Consolidated Fund like other government income?  This is uniquely S’porean. Other countries credit land sales to income.  The government’s rationale is that... 

Estimating the foreign population in Singapore

Estimating the foreign population in Singapore

Since the Asian financial crisis of 1997, the massive immigration influx became a huge source of concern. Critics of the ruling PAP (People’s Action Party) regime had been unhappy over publicized statistics. The majority of these statistics combined citizens and permanent residents. More people were asking for statistics showing... 

S’pore Inc: first and fourth world corporate governance

S’pore Inc: first and fourth world corporate governance

Interestingly S’pore Inc practices “betterest” and “baddest” corporate governance at the same time. When it comes to CEO succession, we follow best corporate practice (and that of North Korea, China, and the Roman Catholic Church). There is good succession planning for the post of PM (CEO), and cabinet posts. People... 



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