Hyflux fiasco shows why ‘book value’ is BS
And why audited accounts are juz another genre of fiction: science fiction is closer to reality. I tot these tots when I read Hyflux’s response to a question from Securities Investors Association of S’pore (SIAS) which read: On what basis was Tuaspring being valued at SGD1.4 billion? This has proven to be overstated by at...
Health Hazard To Employees At Resorts World Sentosa Casino
2010 saw the opening of 2 casinos in Singapore. It was supposed to lift the country's economy and create jobs for Singaporeans. However, it seems that the welfare of the workers at Resorts World Sentosa Casino is not well taken care of. Resorts World Sentosa Casino is split into 2 sections: a smoking section and a non-smoking...
Discombobulated Individual Responsibility
Nations, culture, people, what account for their differences? The differences seem random and chaotic. However, Chaos Theory shows that behavior of dynamical systems are highly sensitive to initial conditions. Francis Fukuyama in his ‘The Origins of Political Order | Neuroanthropology’, made essentially the same points.The...
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- Red Punch on We have come to the finale of our lifetime
- Yes on Beijing shocked by earthquake and mega sandstorm
- American BITCOIN on From Deepseek to Huawei, US tech restrictions on China are backfiring
- Papa PARDON Son Democracy SRFR on Passing of late Lee Kuan Yew’s 10th anniversary
- Sheep on Myanmar 7.7 earthquake collapses buildings in Thailand, tremors shake China and India
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