
Do you know that DBS has a huge IT Hub in India?
DBS’ IT hub in Hyderabad, India looks really nice. We wonder how many S’poreans volunteered to be transferred there since DBS claimed 5 years ago that the hub is not “outsourcing”. If you had built the hub in Singapore, the jobs would have been performed by locals with foreigners recruited on EP. But since you located...

Political Opposition in Singapore
Former NMP Calvin Cheng A bit late to comment on Tan Cheng Bock’s entry into opposition politics but here is my take: 1) Have seen international media calling TCB a political heavyweight. Also saw Cherian George’s post opining that TCB might inspire other PAP chaps to breakaway. I think this overstates TCB’s importance. Yes,...

The opening balance qualification of ATHC and incompleteness of HDB’s explaination
The Financial Statement (FS) for AHTC for FY2017 was presented to Parliament. The last of the legacy audit issues, the opening balance qualification, is finally removed after 7 years. This qualification prompted HDB to issue a swift reminder to AHTC that all was not over yet, within 24 hours after KPMG reported that all audit...
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