
Counting the opportunity cost of a mistimed property purchase
By Jeremy Koh, Guest Columnist I bought a two room unit in a centrally located condomnium in the mid 2007 at the peak of the property market which appears to be on a bull run. Almost everyone was upbeat on the rosy future of the property sector. Prices were going up like crazy. A 5 room HDB flat at Marine Parade was sold for...

China’s Sovereign Wealth Fund earns USD $10 billion dollars by ‘doing nothing’
By Eugene Yeo In spite of the disastrous mistake made by Temasek and GIC in its risky forays into the finance sector which caused us to lose billions of dollars, the PAP spin doctors and apologists continue to insist that they have not "done so badly" compared to other SWFs like Kuwait and Abu Dhabi and that it is "inevitable"...

Prime Minister Press Secretary replies to Financial Times
From Mr Chen Hwai Liang. Sir, John Burton (“Crisis spoils Singapore celebrations”, February 12) claimed an undercurrent of public discontent with the People’s Action party (PAP) government, as Singapore goes into a sharp recession. Unfortunately, the online poll he cited was from a website devoted to anti-government invective. Singaporeans...
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