Formula One – A Gold Mine or a Gold-digger
By Damon Yeo, Business Correspondent This time last year, Singapore was not in recession yet and every single ticket for the first ever night race in Formula One was sold as the nation was abuzz with the excitement generated by the inaugural Grand Prix. A year on, amidst the global financial crisis, the “crashgate” scandal...
CPF Life – A Critical Analysis
By Damon Yeo, Business Correspondent The new CPF Life (aka the National LIFElong Income Scheme) is an overhaul to the entire CPF system and a change in the wamy CPF is providing for all its members. It will mark a massive shift of principles and ideology which Singaporeans had gotten used to after its inception in 1955. Before...
Third Most Competitive Nation in the World – What it means to the Average Worker
By Damon Yeo, Business Correspondent Singapore has moved two spots to number three in the recently published World Economic Forum (WEF) report on world competitiveness. Without any additional information and details, yes, Singapore deserves a round of applause. After all, it does mean that the Singapore economy is “able...
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