
Property prices expected to rise: survey
The majority of respondents in a new survey by Credit Suisse feel that property prices are likely to continue rising and the government is expected to introduce more cooling measures. Out of 300 polled, around 47 percent believe that housing prices will rise next year, with three in every 10 predicting a 10 percent hike. On...

NParks: We have adhered to govt procurement guidelines
Brompton foldable bike costing $2200 each bought by NParks The National Parks Board (NParks) said it had adhered to government procurement guidelines. However, it said it will look into "fine-tuning its procurement process" for the purchase of items and improving future tender processes. The recent purchase of the expensive...

The $158 billion Singapore Budget Accounting Fraud: Part I
In the past decade, we have become all to used to corporate accounting scandals. Respected companies like Olympus, Lehman Brothers, AIG, and the most notorious fraudster Bernie Madoff have all been caught blatantly manipulating accounting statements dating back many years. As a result of their behavior, those responsible...
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