The Elected President
Many Singapore citizens look at the election of the President as an office to keep a check on the government and to protect the reserves. I do not share their enthusiasm. Right from the start, when the first President was elected in 1991 under the revised constitution, I looked at the office as being unnecessary, wasteful and...
The Reserves Are Never Going to Benefit You While PAP Remain in Power
A few days ago Temasek announced that it was very sorry for screwing up with the FTX investment and losing your money. It admitted losses of US$275 million ($374 million) but without transparency we can’t be sure that that is the full story as earlier funding rounds in which Temasek participated do not appear to be accounted...
STF racing into oblivion
The announcement of closure of Singapore Turf Club (STC) by 2027 does not bother me one bit as I do declare I am not a punter. This news, however, jotted my memory in a few ways back when horse racing was at its old Bukit Timah grounds. I recall elder brother telling me when I was a little kid that the two most prestigious clubs...
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