SG 3Q growth: Half-empty or half-full?
Is the glass half empty or half full? Should you break out the bottle of champagne to celebrate? The lame stream media boasts of "strong showing" due to recovery in manufacturing and expansion in services that resulted in better-than-expected third quarter growth of 5.1%. Just the thing to kick in a GDP related bonus. Look at...
Indonesia puts SG to shame on rules to protect locals
Indonesia puts Singapore to shame on rules to protect locals. It is reported by the Straits Times that Indonesia has come up its own version of the Fair Consideration Framework (FCF) to have firms to hire locals before expats, barring 19 human resources-related positions from expats in their country. (link) While details...
PAP’s high pay system fails to prevent corruption
Yet another case of corruption. All the boasts by the PAP that we have a clean system, thanks to our high salaries for our top men in top posts, have failed to stem human greed. Like I have said so many times before, if you attract people with $$$, you will get the very people who will go out to get that $$$. Serving the nation...
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