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How $4.85 billion can be spent differently
The Land Transport Authority spend $4.85 billion to build the last three stations of the Circle Line. This is 5 times of the average cost per km for the earlier phases of the line. The finance minister should use his financial control to reject the building of this last stage, due to high cost. If this last stage is not build,...
Investors can now learn from Temasek how to sell a winner, pick a loser at the same time
Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →
Weakness of the US system of governance
The erratic behavior of President Trump reflect the weakness of the American system of governance. The system was built to provide check and balance between the three branches of government - legislative, executive and judiciary, but it cannot control the erratic behavior of the president. President Trump imposed tariffs on...
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