Sherlock Holmes And The Case Of The Missing ( Or Merely Hidden) Reserves
Recently one of my articles, "Where Have Our Reserves Gone" (https://www.tremeritus.net/2012/09/08/where-have-our-reserves-gone/) was taken down by TOC without explanation. When I pushed Mr. Pillai for an explanation he said that they had received a phone call from a representative from Temasek Holdings objecting to my use...
Shunfu HUDC fetches record S$1.28m
Less than a week after an executive flat in Queenstown was sold for S$1 million, it has been reported by The Straits Times that a HUDC flat at Shunfu Road in Bishan was sold in July at an eye-popping price of S$1.28 million, or around S$762 per sq ft. This sets a new record for a HUDC flat, beating last year's sale of a 1,668...
The IMF Re-Re-Statement of Singaporean Public Finances
Earlier this summer, I wrote about the International Monetary Fund restating the historical Singaporean public surplus by an astounding $158 billion SGD. The IMF increased the size of the Singaporean government surplus from $271 billion SGD to $429 billion SGD between 1990 and 2010. Most interestingly, the increase in the...
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