
Scholarship to foreigners: zero sum to Singaporeans and benefits to government?
General comments in the internet seem to suggest it is a zero sum game to award scholarships to foreign students. However, if you look at the other side of the equation, there are some benefits too but they go to the government and the government is not sharing them with the people. So, giving scholarship to foreign students...

Analysing Temasek’s investment in another Chinese bank
Temasek has agreed to buy Goldman Sachs's shares in the Industrial and Commercial Bank of China (ICBC), the world's largest bank. It will buy US$2.3bn worth of ICBC shares, taking its stake to 1.3% in the bank. In an interview with Reuters at the end of March, Ho Ching's presumed successor-in-training, Temasek's head of portfolio...

More Democracy is the Solution Not Shock Therapy
Despite Prof. Lim’s undoubtedly good intentions, the solution to wage stagnation for Singaporeans is not some central planning directive taking us back to the Soviet era. It is Singapore’s lack of democracy that is holding us back. What we need now is thoroughgoing reform of Singapore’s political institutions so that they...
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