TR EMERITUS

(Photo AFP) It is tragedy that the Government has turned away 40 people who were picked up by a ship off the coast of Myanmar who, from media reports, are Muslim Rohingya. They were seeking refuge in Singapore. These persons are fleeing persecution from the authorities in their own country which observers warn could lead to... 

(AFP, 14 Dec) - Singapore has turned away a ship carrying 40 people rescued off Myanmar, port officials said Thursday, amid media reports the passengers could be stateless Muslim Rohingya. Singapore’s Maritime and Port Authority (MPA) said it denied entry to the Vietnamese-registered bulk carrier Nosco Victory because of a... 

In the past I’ve often touted Singapore’s high saving model.  Last year I noted that 15% of Singaporeans were millionaires in 2010, and I predicted that the number would rise sharply over the next few decades.  The numbers for 2011 are in and the share of millionaires is up to 17.1%, nearly twice as high as the next...