It never rains but it pours
Click to enlarge Last year, Singapore lost Broadcom (a Fortune 500 company) when it re-domiciled to the United States. With that move, many local employees lost their jobs, the government loses much tax revenues, and many of its local suppliers lost a major customer. This year, IBM manufacturing will be leaving Singapore, Kinokuniya...
Meritocracy? What meritocracy? How our PMs are chosen
But first, where Heng and Tharman failed. Further to what was reported in London trashes S’pore, London in 2019 is still the king of the offshore renminbi payments market according to the Chinese. The UK (i.e. London) accounted for 37% of renminbi foreign exchange transactions outside of China in January.In the final...
Sewol ferry tragedy and Facts
April 2019 marks the 5th anniversary of South Korea’s biggest ferry disaster where over 300 people lost their lives, most of them students from the same high school on a school trip to the island of Jeju. Countless videos have been posted looking into how the tragedy happened, the failings of authority-coordinated rescue...
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