Archive for the ‘Economy’ Category
The Mess that is Singapore: Part IV How big is the GIC or the $500 billion Question
Since I began writing about different aspects about how unreliable Singaporean, Temasek, and GIC data is, I have received many questions about how reliable my data and calculations are in claiming what I am claiming. As virtually all of my data comes from the Singaporean Ministry of Finance, either directly or by way of...
Complicated arrangement between LTA and SMRT
According to this news report, the SMRT will be spending $900 million for the maintenance and repair of the MRT system. Part of the cost will be borne by the Government, through the Land Transport Authority (LTA). http://www.channelnewsasia.com/stories/singaporelocalnews/view/1197159/1/.html This seemed to be a complicated...
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