Appropriateness and integrity in the use of government statistics
By Edmund Khor In the recent Budget speech 2010, the Finance Minister Tharman Shanmugaratnam claimed that the lax foreign workers policy had reduced unemployment and raised wages for Singaporeans. He said the huge influx of foreign workers had enabled the median income per household member to rise significantly for the four...
Prudential – AIA deal: A deal of epic proportions
By Damon Yeo Two international brands which Singaporeans will be familiar with are to become one very soon, after Prudential PLC agreed to buy AIA (Asian insurance arm of AIG) for a whooping US$35.5 billion. The deal is a direct aftermath of financial crisis over the past few years and will change the face of the insurance industry...
PAP Model : Starting Ahead and Finishing Last
By Hurr Riyahi One of the characteristics of PAP Model is its tendency to start ahead but finish last. This can be seen in the outcomes of most PAP policies. What is funny about this is that about two thirds of Singaporeans (about 66%) only choose to see how PAP model starts ahead. Instead they fear to see how it finishes last....
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