HoHo Ho: StanChart’s in a right mess
Shares in Standard Chartered plunged on Tuesday after the Asia-focused bank revealed a $1.5bn (£1.1bn) loss. http://www.bbc.com/news/business-35639284 The bank will take a $4bn charge on writing down the value of its loans, driven by falling commodity prices and deterioration of Indian markets. Shares in the bank tumbled by...
Majulah campaign a nationalistic propaganda tool
From ‘Majulah clip draws strong criticism..but praise too’, 21 Feb 2016, article by Joanna Seow, Sunday Times The group of six behind a provocatively titled video about national identity was prepared for a worse reception than their efforts being labelled “propaganda”. “The worst-case scenario for me was that no one...
Heng ah, I was not born in Singapore – FT
Ng Kok Lim wrote an article on this in TR Emeritus and I quote his first paragraph, ‘During the last election, Minister Lim Swee Say said heng ah, he was born in Singapore and many Singaporeans agreed with him. But the truth is that you don’t have to be born in Singapore to be heng in Singapore.’ [ LINK ] I fully agree...
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