TR EMERITUS

I am never a believer in coincidence. However, the retirement of High Court Justice Philip Pillai and the sudden resignation of Speaker of Parliament Michael Palmer on the fateful date 12.12.12 gives pause for some reflection. One remembers Justice Pillai as the presiding judge in Vellama v Attorney-General, the case of the... 

自从苏碧华捅了马蜂窝，只顾售卖她的零售专业而忽略了SMRT可不是卖饼干糖果，引起地铁服务发生一连串的瘫痪之后，接替了她的烂摊子的郭木财，这位来自武装部队的将军，上任不久中国籍司机就来一场兵变，可谓时运不济。 然而，危机就是专机。中国籍司机的罢工行动虽然违背了新加坡的法律程序，却同时也暴露出SMRT的管理层管治不善的种种问题。这些26年来第一个敢吃螃蟹的... 

As I have written about the discrepancy between inflows into Singaporean public assets, reported earnings, and then the amount they claim as assets under management, the question of how to reconcile these divergent numbers arises.  There are numerous reasons for the difference between earnings, inflows, and assets under...