Spending is not the solution to issues
My concern, after reading the report “MP offers some radical ideas for healthcare” (May 28), is that in different political camps, the inclination is to think of how to pour in more resources whenever we must find solutions to issues. Worried about healthcare? Spend. Unemployment? Spend. Overcrowding? Spend. While there...
Singapore wants you
POWER TOWERS: The 1,700-unit d'Leedon complex, in background, by Zaha Hadid Architects, is set to open this year, followed by the 381-unit Leedon Residence, in foreground, by local architect Soo K. Chan, in 2015. Ying Yi Chua for The Wall Street Journal(June 12, 2014 ) Two luxury developments across the street from...
GIC bets big on Chinese debt
(6 Jun 2014) Singapore sovereign wealth fund GIC is making waves in the Asian debt markets with a series of unusually big investments in bonds from China. According to market sources, in recent weeks, GIC has bought US$700m of unrated 4.7% bonds due 2019 from computer maker Lenovo, a US$400m 2019 private placement from property...
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