The Link Between Chinese Stimulus, Las Vegas Gambling, and Singaporean Accounting
There is a great Wall Street Journal article about how the rapid increase in high stakes Chinese gamblers in Las Vegas is prompting money laundering concerns. Given that Chinese citizens are only legally allowed to take $50,000 USD out of China a year, how can they wager up to $400,000 USD in Las Vegas? There are three things...
Be realistic: Impossible for government to meet expectations of everybody
Government works for the people, but they are not God. They work in the best interest of the country and its people, but not for the unreasonable individual requests. Don’t blame all problems on the government, some are self created. Take housing for example, everyone is assured that price for HDB first time buyer is affordable....
Population: Relentless rise in foreigners continues?
Leong Sze Hian I refer to the Department of Statistics’ Population Trends report, released on 28 September, 2012. Non-Singaporeans continue to grow in absolute numbers The number of Non-Singaporeans (foreigners and Permanent Residents (PRs)) increased by 100,800 from 1.9265 to 2.0273 million, from June 2011 to June 2012. For...
|
|
|
|
- Actual Survey on Young and old investors pick fixed deposit as their top investment choice
- Criminal on Opposition opposing anything everything?
- SINGAROAR on Singapore Has The Oldest Population In SEA
- rice on Opposition opposing anything everything?
- $600 out of $12,000 on There are crimes and there are crimes
- TRE Tech on Opposition opposing anything everything?
- Singaporean R Free Rider on Opposition opposing anything everything?
- Singaporean R Free Rider on Opposition opposing anything everything?
- Dalai Says "Read My Lips on Opposition opposing anything everything?
- pilllow on Singapore Has The Oldest Population In SEA
- SINGAROAR on Opposition opposing anything everything?