Is it possible to pay top dollar and get monkeys?
Conventional wisdom says that if you pay peanuts you get monkeys, and the more executives are paid, the better they perform. Not so, according to many studies. The most comprehensive study so far was undertaken by corporate-governance research firm MSCI which summarises its findings this way: “Has CEO pay reflected long-term...
International columnist: PAP’s high Ministerial salaries cannot be justified given their mediocre performance
Most expensive cabinet in the world (Not the furniture type) Writing for international website The News Lens on Friday (29 Jun), columnist Justin Hugo opined that the high ministerial salaries for PAP leader cannot be justified given their mediocre performance. “After living in a bigger country, it is very difficult for me...
Mahathir’s 3 sen grumblings re-awaken Singaporeans to 30% water price hike
Come Sunday, 1 July, the second phase of the 30% water price hike kicks in. It could have passed without people even noticing. But Singaporeans are suddenly alive to it and there is talk again of WHY we must bear with such exorbitant price hikes – all because of the grumblings of the Malaysian Prime Minister. Dr Mahathir Mohamad...
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- $112,000 on Myanmar 7.7 earthquake collapses buildings in Thailand, tremors shake China and India
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