TR EMERITUS

Dear Dr Koh Poh Koon, Your fellow Singaporeans fully knows that HDB is NOT a bank but always look at it as a provider of cheap homes just like they know that CPF Board is also not another bank but a vault that holds their savings till 55 years of age. Thanks to you sir, for reminding your fellow Singaporean, and me. Honestly,... 

It was reported in ST recently ("Bonuses of SembMarine execs hit by downturn") that SembMarine CEO Wong Weng Sun can still earn a remuneration of almost $2 million (salary of $926,000 with share-based compensation of $863,000) when the GLC he helmed lost $289.7 million! Why like that? In public companies in other first world... 

The greatest problem for PAP reinventing the economic wheel is the high cost they have imposed over Singapore’s economy. True foreign talent won’t come to Singapore simply because they have better opportunities elsewhere. And locals have their entrepreneurial spirit boiled out of their system through the pressure-cooker...