A Panadol Prescription
There is a joke that when you go to a government doctor complaining of headache, you are prescribed Panadol. If you complain about leg pain, you get Panadol. If you have fever, you get Panadol … It is as if Panadol is a master-relief for all complaints. The above is of course just a joke. At least I hope so, even if you take...
What are the risks of doing business with a $2 company?
Preface A friend living in Tanjong Pagar asked me, what was wrong with doing business with a company of $2 capital. I told him that there was nothing wrong – if things did not go extremely wrong. And I thought I might as well write down what I told him and share my views with readers here too. In this article, I am merely...
2012 – Spotlight was on wages and income inequality
As we look back at 2012, we cannot deny that it was a year dominated by the debate on wages. The year started with the Ministerial Salary Review Committee's recommendations to benchmark the entry MR4 Minister’s salary to the median income of the top 1,000 earners who are Singapore Citizens but with a 40% discount. Parliament...
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