Best for HDB not to declare its losses or deficits
Every year, hundreds of millions of dollars of losses are incurred by the HDB. The latest $797m deficit that HDB said it has incurred due to the building of more flats is going to be disturbing to many readers. It was $2b a few years back, then it was $1b of losses. In these three announcements, a total of $3.797b has been lost...
Revisiting congratulatory messages on LKY’s 90th birthday (Part 3)
MPs celebrating Mr Lee Kuan Yew's 90th birthday in the Members' Room, Parliament Building. (Photo: MCI) I refer to Straits Times congratulatory messages by Mr Lee Kuan Yew’s worshippers on the occasion of his 90th birthday [1], [2], [3], [4], [5]. Founding Father? Mr Johnson Lim and Mr Oei referred to LKY as our...
Ngiam Tong Dow, Galileo Galilei & Gen Giap
The comments made against Ngiam (some by those who should have known better and by all who don’t have his balls or stature or achievements or intellect) reminded me of two scenes in the play “Life of Galileo” by Bertolt Brecht. Andrea’s disappointment of Galileo, after the latter recanted (p. 84-5) [Andrea is one of...
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