Sold off to the GLC’s and we are paying for it
As I have been focusing on the Changi Airport, here are extracts from Changi Airport Group (CAG) 2009/10 annual report when Changi was corporatized, and CAG was created: Click to enlarge At the time, the Net Assets current was $4,507,997,000 + Non-Current $2,576,101,000 – Liabilities $3,559,967,000 = $3,515,014,000 so the...
Unemployment figures for Singaporeans likely to be higher than what is reported
The unemployment rate of Singaporeans has increased for the past 5-6 years. Everyday, we encounter young Singaporean graduates having to drive Grab or Go-Jek to make a living. Many of them drive up to 14 hours a day to make ends meet. We are sure this was not the "Singapore dream" their parents told them as they were growing...
Where are the writers?
The Singapore government's proposed anti-fake news law has been heavily criticized by local and international media and rights groups for investing too much arbitrary power in government ministers to decide what is fact or otherwise. Most recently, a group of 59 academics, with expertise, experience, or interest in Singapore...
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