Archive for the ‘Economy’ Category

Singaporean Accounting at Its Best
As I have written about the discrepancy between inflows into Singaporean public assets, reported earnings, and then the amount they claim as assets under management, the question of how to reconcile these divergent numbers arises. There are numerous reasons for the difference between earnings, inflows, and assets under...

Nationalisation of the transport industry
In view of the complexity of the public trannsport problem, the most baffling question in the mind of the public is why the PAP Government is apathetic, if not aversed, to the idea of nationalisation of the transport industry. The recent so-called illegal strike by SMRT PRC bus drivers and the proposed bus fare increase...
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