What is real or unreal in accounting?
Or what is truth and fiction in accounting? SIA has booked a gain of $322m for selling its shares in Virgin Air for $439m. It bought the shares at a cost of $1.6b. I am a bit dull and think that this should be a loss of $1.161b! I am just being simple minded or ignorant of accounting practices and how profit and loss are computed. Yes,...
Dr Tan Cheng Bock: Unwise move for SMRT to move into Sports Hub
Dr Tan Cheng Bock Assuring the public that SMRT will put special effort to improve public transport has been negated by SMRT venture into a big retail project at the new Sports Hub. What is happening? After a change of CEO in the company, it is obvious that the culture has not changed. Tendering for retail business in this uncertain...
Housing: Accessibility to Affordability
Recently, Minister for National Development Khaw Boon Wan admitted in Parliament that there is much more to be done in the HDB market. He spoke of the "positive signs”, such as a lower rejection rate of HDB applications between January 2010 and September 2012 (2%). He also called the success rate of appeals for HDB loans...
|
|
|
|
|
|
|
|
- Caoliangoh on Pakistan to nuke Israel if…
- Pandora’s box on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- Liar on Pakistan to nuke Israel if…
- unprovoked aggression on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
- PAP mandate strong on Pakistan to nuke Israel if…
|
|