Don’t confuse branding with banding
The World Economic Forum consistently ranks Singapore in the top three for the quality of our education system and top for mathematics and science education. So, I was surprised by the move to abolish secondary school banding. I had expected primary school standards to be calibrated first, as these are beyond what parents, even...
The Link Between Chinese Stimulus, Las Vegas Gambling, and Singaporean Accounting
There is a great Wall Street Journal article about how the rapid increase in high stakes Chinese gamblers in Las Vegas is prompting money laundering concerns. Given that Chinese citizens are only legally allowed to take $50,000 USD out of China a year, how can they wager up to $400,000 USD in Las Vegas? There are three things...
New brand of Internet politics emerges in a changing S’pore
Political values implanted by Mr. Lee Kuan Yew are eroding in the face of a changing Singapore. POLITICS in Singapore has moved from collective consensus to – disturbingly for the government – a divisive, intolerant and quarrelsome phase. It is erasing some of the political values implanted on the population by former prime...
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