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Archive for the ‘Policies’ Category
A different kind of World Cup

A different kind of World Cup

Not too long ago Singapore was aspiring to be in the World Cup by buying foreigners to play football for the country. It was a wet dream that was best forgotten. Now Singapore is in the World Cup of a different kind. NUS is ranked number Two best university in Asia after Tokyo Unversity and 29th in the whole wide world. This... 

Worried for Boon Wan and the HDB

Worried for Boon Wan and the HDB

Since Boon Wan’s revelation that HDB was losing money for every flat it sold and the amount was a scandalous billion dollar annually, he has been questioned and ridiculed by many bloggers who simply could not believe in what he said. Some of the attacks were quite personal and very unpleasant. What is more worrisome are the... 

The POSB Transaction Revisited

The POSB Transaction Revisited

I shall begin with a little background. I recently wrote a comment about the creative accounting at Temasek Holdings drawing on two examples of under-valued acquisitions by Temasek-linked companies (TLCs). The comment itself was a topical response to an article by Christopher Balding. Christopher later cited my comment in his... 



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