Khaw confirms existence of housing bubble
National Development Minister Khaw Boon Wan confirmed the existence of a housing bubble when he wrote on 22 Dec: "Housing bubble and its inevitable bust bring huge misery to many... We cannot eliminate property cycle but we can try to keep bubbles less bubbly. This means taking away the punch bowl when the party is getting...
The alternative news in one day? (Part 13) – GIC
The GIC logo is displayed during GIC's 30th anniversary conference in Singapore on May 9, 2011. GIC has officially changed its name to GIC Private Limited. (Photo: Bloomberg) GIC name change? There has been quite a bit of chatter on the internet, and some people have also been asking me about the name change of the Government...
Ho ho ho! Santa = S’pore govt = Scrooge?
Scrooge Santa’s critics note that higher profits and productivity have not resulted in higher pay for the elves. They were seeing their real incomes squeezed even before the Fairy Tale of Wall Street had an unhappy ending in 2008, and then took pay cuts rather than lose their jobs. With welfare being cut, most plumped for...
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