There’s always more to the economy than stellar GDP growth statistics
Last year, Ireland achieved a GDP growth of 26% An anticipated tax avoidance crackdown in Europe has caused mostly Americans companies to move the tax jurisdiction of their European operation to Ireland. This means that their intellectual property are suddenly added to Ireland's capital stock. Aircraft leasing companies are...
The irony and flaws of the new PSLE scoring system
The Singapore ‘government’ introduced the ‘new’ PSLE (Primary School Leaving Examination) scoring system yesterday and claimed that it is aimed at “moving away from an over-emphasis on academic results”. Is it true? In the chart below, check out the old grading system on the left and the ‘new’ one on the right...
Defective Trains: The Sagely One Speaks
Many Singaporeans must have heaved a sign of deep relief when Khaw Boon Wan finally put on his safety helmet to show up at Bishan MRT Depot. After all, there was a report that, “Singaporeans prepare for worst as Khaw Boon Wan still missing 2 days after defective MRT trains made public.” The Sagely One (remember his ‘Butterfly...
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