Public housing: Investment or consumption?
As early as 2005, in the midst of America’s biggest post-war housing boom, some economists and financial analysts were already sounding warning bells that a bubble was forming, and a bust imminent. The boom had been fueled in the wake of the 2000 dotcom crash by a combination of funds shifting from equities to the property...
Minister spoke to Archbishop
In Parliament on Monday, 15 October 2012, DPM Teo confirmed that he had a meeting with Archbishop Nicolas Chia on 30 May 2012. There had been some speculation over the past few weeks as to whether the Home Ministry or the ISD had visited the Archbishop and exericsed their persuasive skills on the latter. I have blogged...
A Consummate Joker
President Tony Tan Dr Tony Tan won the presidential election by a razor-edge 35.20 per cent of the votes narrowly beating Dr Tan Cheng Bok. Morally, though not stated in the Constitution, there should have been a run-off between these two candidate as neither managed to obtain an absolute majority in the first round. It would...
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