Lessons from Japan’s Lost Decade (Part 1): Is Singapore entering the same bubble?
OPINION On Christmas Day 1989, the Bank of Japan raised its benchmark interest rate by half a percentage point. Nine months later, the Nikkei stock market index had fallen by nearly half, and by 2001, it had shed 70 per cent of its value. Land prices followed suit 80 per cent between the end of 1989 and 2002. With inflated asset...
Singapore vs Hong Kong – Where would you rather be living in?
By Damon Yeo, Business Correspondent It is not difficult to hear Singapore and Hong Kong being mentioned in the same breath. The general consensus is that these two states are similar in many ways except that life is more stressful in Hong Kong. This article will seek to unravel if there is any truth in this particular generalisation. Singapore...
Does a single party state lead to dictatorship?
By Manisha Kumari, Managing Editor Are the opposition given equal rights in single party state? If the answer is no, isn’t it an infringement of human rights? Is single party state a blotch in the name of democracy? Not much difference can be stated between dictatorship and single state party. Wikipedia defines dictatorship...
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