Is the HDB making losses because it pays for land at market prices to the Singapore Land Authority (SLA)?
I refer to the article “Bank Negara’s land buy sparks talk of 1MDB bailout” (Straits Times, Feb 9). It states that “Questions are growing around the Malaysian central bank’s recent purchase of government land for RM2 billion (S$678 million), with observers saying it is unusual for the institution to pay market price...
Has our CPF Ordinary Account’s interest rates been beating inflation, historically?
I refer to the article “Malaysian pension fund set to make record payout” (Straits Times, Feb 10). It states that “”We have been informed it will definitely be higher than before,” an EPF board member told The Straits Times ahead of Saturday’s (Feb 10) expected dividend announcement.” The EPF, which manages RM800...
Autocracy And Dictatorships Are Hampering Development In Asia
Click to enlarge The Asian Tigers and Japan have enjoyed a remarkable growth streak over the last half a decade that has put them firmly in the league of high-income countries – at least as measured by GDP per capita – a phenomenon bested by only some oil-rich Gulf states. But in terms of the actual livelihoods of their...
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