
Property sales also fund our SWFs
Did you know that when the government sells state land to property developers, the money flows into the reserves (which are managed by our SWFs) and not into the Consolidated Fund like other government income? This is uniquely S’porean. Other countries credit land sales to income. The government’s rationale is that...

Bilahari Kausikan: A glance at the way he thinks
Mr Bilahari Kausikan I was trying to find out more about this person and though many of you would say that his perspective doesn't differ much from the rest of the residents of the Ivory Tower, I feel that this email, whether or not it had been edited for political correctness, helped me understand who he is a bit more. The...

Should Singapore apologize to Malaysia for diplomatic snub?
The latest diplomatic spat between Singapore and Malaysia appeared to be heading towards a predictable ending with the former sweeping the issue under the carpet amidst chorus of discontent across the Causeway. Three Singapore senior diplomats were caught red-handed making disparaging remarks about their neighbors via a series...
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