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Archive for the ‘Policies’ Category
Permission To Panic, Sir

Permission To Panic, Sir

Wait a minute, this has to be deja vu. Barely a week ago, when Moody's Investors Service downgraded the outlook on Singapore's banking system from "stable" to "negative", the Monetary Authority of Singapore (MAS) was quick to come up with an assurance that everything is honky dory. Don't worry about the interest rate hikes,... 

On Princes, Generals, and Temasek

On Princes, Generals, and Temasek

Leo Tolstory wrote in his epic masterpiece on Russian aristocracy War and Peace, while generals and princes believe they determine the course of history it is the soldier and unknown man that create the events we come to know as history.  The deterministic evolution of history resigns princes and generals to actors in their... 

Has the system failed Dinesh Raman?

Has the system failed Dinesh Raman?

Senior prison officer Lim Kwo Yin Senior prison officer Lim Kwo Yin was fined $10,000 for failing to exercise adequate supervision, resulting in the death of a 21-year-old inmate: [Link] One view is that this is too lenient a punishment without a jail sentence for causing death. I do not know whether there was any precedent... 



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