
The Hong Kongers’ protest against rising housing cost and the lessons for Singaporeans
OPINION Both Singaporeans and Hong Kongers are greatly affected by the rapid rise of housing prices in recent months. While Hong Kongers are brave enough to air their grievances against the government publicly in the streets, Singaporeans are limited to venting their frustrations to one another in cyberspace. A series of protests...

Paradox of Singapore’s Economic Growth: Relatively Higher Average Incomes But Relatively Lower Human Development
By Abdul Gafoor, Social Correspondent The recent publication of UNDP’s Human Development Index (HDI) revealed another paradox of Singapore’s economic growth strategy. The HDI ranks countries around the world according to “human development” and this is a common and standard index used by economists all around the world. The...

高薪养贪
作者:冀居•谢 根据昨天出炉的安永会计事务所(Ernst & Young)2009年执行人员与董事酬劳报告,本地总裁的酬劳在2008财年并没出现大起大落的现象,除了年薪超过500万元的总裁比例有明显的下跌。 这意味着什么?来年内阁 (cabinet) 也要跟着减薪。但是他们可以用什么办法来弥补和总裁挂钩的薪金比例法所失去的那些,则我们无法知道。 更雪上加霜的是,美国奥巴马总统下令财政部的费恩伯克检讨企业薪资,特别是那些受政府大力资助的财团,其中七家获得政府注资最多的公司,薪资最高25名高层管理人员,基本现金年薪的平均减幅高达九成,导致他们包括退休金和花红等在内的整体薪酬大减五成。 表面上看来,会不会是奥巴马的新官上任三把火?接下来,根据过往的理论,这些高层都会另谋高就,并且集团的士气一蹶不振,从此就没落而灭亡,美利坚帝国也跟着完蛋了?——你以为美国人有这样笨吗? 较早...
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