How the rich get richer and the poor get poorer
Nasi padang The infamous photograph posted in Baey Yam Keng’s Facebook is going on its second round of circulation. A plate of nasi padang with fish, chicken and cuttlefish I think, and probably with vegetables, cost $2.50 only. And there is the even more infamous $8 open heart bypass surgery, and free serving of top quality...
Central bank cautions on Reits
[A] Monetary Authority of Singapore (MAS) report … warned that a rise in rates will hit Reits – and lower their dividends. Reits own a portfolio of property and pay investors regular dividends out of their income – the property rentals received. The central bank’s financial stability review noted that Reits need to distribute...
Riot: Suggestions for the Police and COI
Riot at Little India with police cars overturned by rioters The Govt and the Police (SPF) have come out with a slew of measures since the shocking riot at Race Course Road on December 8th. Some can be said to be knee-jerk like the blanket ban on alcohol sales and consumption, others more timely like stepped up patrols and installation...
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