HoHoHo: Why Alibaba chose KL not S’pore
Guess we now know why Jack decided to use M’sia, not S’pore, as a logistics base despite Alibaba owning a stake in SingPost. Alibaba knows who Beijing considers a friend. Earlier this yr, Alibaba kicked off its grand plan for global trade without frontiers with a bilateral deal designed to ease the passage of goods shipped...
When the PM has to sell CPF snake oil/koyok, you know GIC is in trouble
The huge shortfall in retirement funding for Singaporeans is testament to the abject failure of our CPF scheme. Instead of addressing the issue, PAP has engaged in propaganda to create an illusion that all is well, eg in 2011, PAP quietly amended the original objective of providing for an adequate retirement to include providing...
Why PM needs a billionaire in his cabinet
When a billionaire is US Commerce Sec, there’s out of the box thinking Commerce Secretary Wilbur Ross suggested the White House would aim to boost LNG exports not just to China, but other nations with whom the United States posts a trade deficit, including Japan, the world’s top LNG importer. http://www.cnbc.com/2017/05/19/trump-just-gave-china-a-sledgehammer-to-smash-the-lng-monopoly.html Interesting...
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