What is with this frivolous debate over ‘folksy wisdom’?
Jamus Lim is already being kind when he calls Singapore's so-called labor union leaders "folksy". I would not call them that. They are useless, inept, tail-wagging puppies who are there only to serve their master's needs to keep wages down so that the PAP can keep creaming off the profits, by pressing down on workers. These...
Singapore firing on all cylinders to attract MNCs
Is that a good strategy for a developed country with healthy reserves? In poor, developing countries, it makes sense to attract foreign MNCs. They mobilize resources like labour and land which would otherwise be idle, as well as provide capital. But in a fully developed economy like Singapore, resources are not only fully employed,...
Former union chief, Phey Yew Kok
Young Phey (right) In October 2018, former union chief, Phey Yew Kok completed his 5 year jail term and became a free man in Singapore. It was in December 1979 that Phey Yew Kok, as President of NTUC was charged for criminal breach of trust of union funds. He had stolen more than $200,000. Phey jumped bail and stayed in anonymity...
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