Why progress stopped and what can we do about it?
As this article from the Asia Times by Joseph Nathan clearly shows Singapore was not the mythical fishing village when the PAP took over, nor was it poor nor disadvantaged. There may have been extreme inequality, with the majority living in kampongs or squalid living quarters, but it was a rich and bustling economy with all...
Can’t reconcile SG reserves based on reported returns
A Brief Note About Singapore Dr Chris Balding For recent readers of this blog, most of my work has focused on China with a not insignificant part of that writing focused on the statistical discrepancies we see in Chinese data. However, this type of statistical manipulation is by no means unique to China. Other countries have...
Temasek’s net portfolio hits $266B, Lim pays LKY tribute
Temasek Chairman Lim Boon Heng Temasek Holdings announced today (7 Jul) one of its best performances for the financial year ending 31 March 2015, when its net portfolio value rose $43 billion (19%) to a record $266 billion. Its net profit for the year was $14.5 billion, up from $11 billion the year before. In his message [Link],...
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- Caoliangoh on Pakistan to nuke Israel if…
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