TR EMERITUS

Singapore ‘s economy contracted by 0.6% in the first quarter of 2013 compared with the corresponding quarter of 2012.  On a quarter-on-quarter seasonally adjusted annualized basis the economy contracted by 1.4%.  Since year-on-year growth is now negative does that mean we are now officially in recession? No. The accepted... 

Leong Sze Hian Reading the newspapers on a Monday morning can be rather depressing. You may get the feeling that we may not seem to be really serious about solving the problems that Singaporeans have. Pre-school sites won’t go to highest bidder? Let’s start with the article “Pre-school sites won’t just go to highest... 

For anyone who refuses to accept that creative accounting is at play in Temasek Holdings, I offer the following two examples. But I assure they are not the only examples: Example One – DBS Press Release 24 July 1998 The Government has accepted DBS Bank’s proposal to purchase all the assets and liabilities of POSBank except...