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Archive for the ‘Economy’ Category
Ng Kok Lim rebuts Indian FT on Singapore’s economy

Ng Kok Lim rebuts Indian FT on Singapore’s economy

Dear Straits Times, I refer to the 21 Jul 2012 letter by Mr Bobby Jayaraman. To show that the government had chosen the right path in actively pursuing growth, Mr Jayaraman contrasted the years 2001 to 2005 when the economy grew slowly, property prices fell and median household income fell from $4,363 to $4,270 to last year... 

无灾无难到公卿的吕德耀

无灾无难到公卿的吕德耀

“《多名议员关注 谁来监管陆交局?》”,义顺集选区议员李美花询问SMRT管理层是否需有人事变动时,交通部长吕德耀这么回答:“我对‘人头落地’并不感兴趣,我比较关注的是保住人头,专注于解决问题,包括进行彻底检查、对系统进行分析及妥当地跟进问题。”诚哉斯言。 这... 

The $158 billion Singapore Budget Accounting Fraud: Part I

The $158 billion Singapore Budget Accounting Fraud: Part I

In the past decade, we have become all to used to corporate accounting scandals.  Respected companies like Olympus, Lehman Brothers, AIG, and the most notorious fraudster Bernie Madoff have all been caught blatantly manipulating accounting statements dating back many years.  As a result of their behavior, those responsible... 



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