Modern Singapore’s founding father
Dear Mr Willie Cheng, I refer to your 26 Oct 2012 Straits Times article [1] which began with a reference to Mr S Rajaratnam as one of modern Singapore’s founding fathers. Many books refer to Sir Stamford Raffles as the founder of modern Singapore in 1819: [2], [3], [4], [5], [6], [7]. If modern Singapore was founded in 1819,...
Circle Line: the unasked questions
SMRT CEO, LG (NS) Desmond Kuek explaining to the media about the power cable problem in CCL. (Yahoo! photo). I'm writing this on Sunday evening. On Saturday morning, I read that replacing the Circle Line's power cables would take 18 months, beginning from January next year. SMRT said the areas between Dhoby Ghaut and Dakota...
Are credit co-operatives exposed to a sub-prime market in Singapore?
In a world where commercial businesses struggle to stay afloat, some Institutes of Public Character (IPC) like NKF and Telecom Credit Cooperative Limited (TCC) were able to make sustainable profits. Their stellar performances are mainly attributed to their compelling storyline of existing for altruistic reasons and the...
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