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HDB bear market is more than 5 years already – due to ’99-year lease’ problem?

HDB bear market is more than 5 years already – due to ’99-year lease’ problem?

I refer to the article “HDB prices fall 0.2% from previous quarter; 3,800 BTO flats to be released in November” (Straits Times, Oct 1). It states that “Housing Board resale prices fell 0.2 per cent for the third quarter from the previous quarter this year, according to the latest flash estimates released on Monday (Oct... 

Another flaw in argument why ministers’ pay must be linked to fat cats ‘ pay

Another flaw in argument why ministers’ pay must be linked to fat cats ‘ pay

Many of the people in the fat cats top earners list that the PAP govt uses to set the pay for ministers are senior bank executives But has thePAP govt ever tot about the banks’ KPI for bonus payments? “If you rob a bank, you go to jail. If a banker robs you, he gets a bonus,” says a UK minibus saleman who found he had... 

‘Temasek’ and ‘GIC’ unable to prevent Hyflux from seeking court protection?

‘Temasek’ and ‘GIC’ unable to prevent Hyflux from seeking court protection?

Although Temasek may not have any interest in Hyflux, it is a government-linked company. On Hyflux’s board are former paper colonel Gay Chee Cheong and Lau Wing Tat, former GIC senior management executive. Gay is also a director of Heliconia Capital Management Pte Ltd, a Temasek subsidiary. In 2010 when Gay bought 8... 



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