The problem with being global
Singapore, global city (23 Aug) - The globalization of cities and their elites often comes at the expense of many of the people who live there. Forced to compete with foreign capital and immigrant workers, native-born residents of cities from Los Angeles and London to Singapore often feel displaced, becoming strangers in what...
China targets executive pay at state-owned firms
China's President Xi Jinping says high executive salaries of GLCs must be curbed. (August 19, 2014) President Xi Jinping has pledged to limit executive pay at China's powerful state-owned companies, the latest point of emphasis in a sustained austerity campaign. "State-owned companies must realize more equitable...
Singapore to reform CPF scheme after protests
(17 Aug) - Singapore is to reform its mandatory retirement savings scheme and will provide greater support to low-income pensioners, the Prime Minister said on Sunday, in response to growing public criticism of the system. Providing for Singapore's ageing society is one of the biggest challenges facing Lee Hsien Loong's government,...
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