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Archive for the ‘Economy’ Category
The Mess that is Singapore: Part IV How big is the GIC or the $500 billion Question

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... 

生产力的迷思

生产力的迷思

话说自从兔子输了赛跑之后,大受刺激,虽然依旧轻视乌龟的笨拙,却是从此奋发图强,再也不敢有丝毫的大意。然而,跑赢了比赛的乌龟,却从此陷入了前所未有 的尴尬处境。原来,每逢分配收获的时候,敏捷的兔子总是一拥而上,捷足先登,把好吃好用的东西都给抢完了。这时候乌龟却还是在后头慢慢的爬行。不要说分... 

Complicated arrangement between LTA and SMRT

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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