Riot: Fairness vs swiftness in punishment (1)
In its report entitled, “Little India riot: 53 to be deported; charges withdrawn from 7“ (link), Yahoo! News Singapore reported that 53 migrant workers will be deported as they were assessed to have been participants in the Little India but were “less culpable” thereby avoiding prosecution. A stern warning was also...
How the rich get richer and the poor get poorer
Nasi padang The infamous photograph posted in Baey Yam Keng’s Facebook is going on its second round of circulation. A plate of nasi padang with fish, chicken and cuttlefish I think, and probably with vegetables, cost $2.50 only. And there is the even more infamous $8 open heart bypass surgery, and free serving of top quality...
Central bank cautions on Reits
[A] Monetary Authority of Singapore (MAS) report … warned that a rise in rates will hit Reits – and lower their dividends. Reits own a portfolio of property and pay investors regular dividends out of their income – the property rentals received. The central bank’s financial stability review noted that Reits need to distribute...
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