Singapore: From Economic Powerhouse to The Sick Man of ASEAN?
Singapore ‘s economy contracted by 0.6% in the first quarter of 2013 compared with the corresponding quarter of 2012. On a quarter-on-quarter seasonally adjusted annualized basis the economy contracted by 1.4%. Since year-on-year growth is now negative does that mean we are now officially in recession? No. The accepted...
Prof Balding rebuts Nonsense: The Implications of ‘Zero or Nominal Cost’
Dr Christopher Balding I was recently notified of a rebuttal ('Rebutting Christopher Balding – Why Temasek can have 17% return') to some of my writings and specifically attempting to clarify how Temasek Holdings has earned 17% annually since 1974 as they claim. The author claims that Temasek investment returns are entirely...
Lynn Lee: Still waiting for answers from IAO
In January this year, I interviewed former SMRT bus drivers, He Jun Ling, Gao Yueqiang, Wang Xian Jie and Liu Xiang Ying. They were said to be key instigators of Singapore’s first strike in 26 years and as a documentary filmmaker and journalist, I was eager to find out their stories. A fifth driver, Bao Fengshan was by then,...
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