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Do We Have A Fair Weather Prime Minister?

Do We Have A Fair Weather Prime Minister?

PM Lee I remember Goh Chok Tong making a hue and cry over "fair weather" Singaporeans who "quit" Singapore to set up homes elsewhere. Sadly, his own daughter turned out to be among the "quitters". I read today the msm report of Singapore soccer team winning the Suzuki Cup after beating Thailand. The orgasmic reaction and congratulatory... 

Singaporean Accounting at Its Best

Singaporean Accounting at Its Best

As I have written about the discrepancy between inflows into Singaporean public assets, reported earnings, and then the amount they claim as assets under management, the question of how to reconcile these divergent numbers arises.  There are numerous reasons for the difference between earnings, inflows, and assets under... 

Olam, Temasek and Singapore

Olam, Temasek and Singapore

For some time, I have been writing about the financial and accounting inconsistencies in Temasek Holdings, GIC, and the public records of Singapore. Even the International Monetary Fund is confused enough to re-state and then re-re-state the accumulated government surplus of Singapore. To briefly recap the questionable finances... 


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