TR EMERITUS

I am in my late 60s now. I believe I know India more than most Indians from India. Because I had traveled to almost every nooks of India, Pakistan, Sri Lanka and etc in the course of my work in the last 40 years. In fact, I had studied in India for a couple of years - something unusual for a local Indian. And here are my observations. Some... 

Are they still there? This is the question that Singaporeans keep asking about our financial reserves but to which answers don't seem to be coming. If they are still there, how are they invested? Are the investments carried out in socially responsible ways? What are the returns? Are they benefiting the people or just the ones... 

In Part 1 of this series, we explained how the PAP Government borrowed against our CPF savings to conduct commercial activities both in and outside Singapore. In the process, it has ratcheted up our public debt which has become larger than our Gross National Income. This puts us in a rather discomfiting fiscal position. According...