Uncle Leong debunks DBS’ report on real median income growth
Mr Leong Sze Hian “Stranger than fiction” news? When Richard Wan, the Editor of TR Emeritus alerted me to the article 'Here’s convincing proof that Singapore’s restructuring is on track' (synopsis from DBS Group Research), talking about the real median income is rising, the first thought that came to my mind was –...
Uncle Leong attends 88 Celebrations event in Myanmar
After attending the ASEAN People's Forum meeting at Yangon, Myanmar, I was invited to attend the 88 Celebrations event on 6 August. This is the first time ever that the people of Myanmar are allowed to hold such an event, to commemorate the "8888 Nationwide Popular Pro-Democracy Protests". The "8888 Nationwide Popular Pro-Democracy...
Uncle Leong: GIC’s 4% returns are based on USD, not SGD
Mr Leong Sze Hian 4% real returns last 20 years? I refer to the article “GIC reports steady 4% real returns” (Straits Times, Aug 2). Stopped reporting in both S$ & US$ since 2009? According to the GIC annual report, “The nominal rates of return have been reported in USD terms since our 2009 report as the USD is the...
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- Caoliangoh on Pakistan to nuke Israel if…
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