Japan’s Lost Decades and what it means for Singapore
Japan had a huge asset bubble in its property and stock market from 1986 to 1991. Its subsequent collapse has contributed greatly to Japan's lost decades in which she suffered sub-par economic growth, recurrent recessions and deflation. Nobel Prize winner economist Paul Krugman believed that Japan is in a liquidity trap. US...
Open Letter To Kenneth Jeyaretnam
Dear Kenneth Jeyaretnam: Thank you for highlighting the deficiencies in the training of our civil servants supporting our Ministers when answering letters from the public. The correct response is as shown by IMF in a standard letter like the following: "We hereby acknowledge receipt of your letter dated XX/XX/201X received today...
NS in Singapore: Dividing the society it was meant to unite
The NS (Amendment) Act was passed on 14 March 1967, and since then, Singaporean males both young and old have done their part in the defence of our beautiful island nation, Singapore. This year marks the 45th Anniversary of National Service, and as such, the Government is commemorating NS45 with the launch of NS: From Fathers...
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