HDB’s deficit increased to $797m?
Mr Leong Sze Hian I refer to the article “HDB constructs more flats; records higher net deficit before Government grant in FY 2012/13” (Straits Times, Oct 16). HDB’s deficit increase? It states that “The Housing Board (HDB) recorded a higher net deficit in the last financial year, amid the ramping up of a supply of new...
Does top management not know what bottom is doing?
Coming closely behind the La Fondue Restaurant advertisement for a Pinoy chef and the management claimed ignorance of the advertisement, another similar episode is happening in Compassvale Villa in Pasir Ris Punggol GRC. This time the commonality is Pinoy again. A poster was put up for Pinoys to join a RC Pinoy Sub Committee. Teo...
Prof: Limiting talented foreigners may affect growth
[Re-published with consent from Dr Lewis Mandell.] Dr Lewis Mandell (Photo credit: http://lewismandell.com) For the past couple of weeks, I have been teaching my annual course in microeconomics in Singapore, a country whose remarkable growth owes a lot to the theory of incentives embedded in my course. An independent country...
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