Irresponsible that the PAP government allowed strategic Hyflux to fall into the hands of foreigners
Hyflux and its creditors can finally heave a sigh of relief. Under a deal with Utico (a utility company from the United Arab Emirates), Hyflux will give up an 88% stake to the latter in exchange for S$585 million. This would give it a much needed financial lifeline that will enable it to continue its operations. Tuaspring is...
Why progress stopped and what can we do about it?
As this article from the Asia Times by Joseph Nathan clearly shows Singapore was not the mythical fishing village when the PAP took over, nor was it poor nor disadvantaged. There may have been extreme inequality, with the majority living in kampongs or squalid living quarters, but it was a rich and bustling economy with all...
Be careful about buying a HDB resale flat
I want to give this word of caution to Singaporeans. Be careful when you buy a HDB resale flat. You may have heard about the money that people make when they sell their resale flat. You may have heard that many permanent residents made money when they sold off their HDB flat to return to their country. Those were cases in the...
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- Caoliangoh on Pakistan to nuke Israel if…
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- Liar on Pakistan to nuke Israel if…
- unprovoked aggression on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
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