
How meritocracy entrenches inequality
In a move that took many industry players by surprise, American regulators recently opened a probe on the hiring practice of JPMorgan Chase in China. Ongoing investigation seeks to establish if the investment bank’s recruitment of the offspring of high-ranking and influential Chinese officials aka “princelings” – one...

How many casinos are there in Sin City?
Sins galore Wrong, none of you would have guessed it. And I am discounting all the back lane and illegal gambling dens. Two is absolutely wrong. I heard this at a drinking hole and of course it is beer talk after some heavy drinking. But not to worry, all were drunk but not drunk to the extent of becoming incoherent. They were...

Curse of the COE
Is that it? Motorists islandwide were anticipating earthshaking measures to address the soaring cost of that accursed piece of paper called the Certificate of Entitlement (COE). Obviously running out of ideas, Transport Minister Lui Tuck Yew came up only with a token change to a flawed system that is in dire need of a radical...
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