TR EMERITUS

My HDB insider ES sent me the following very interesting article on housing affordability in Malaysia:- Housing affordability in Malaysia? Malaysia’s New Sunday Times – When housing becomes unaffordable, page 8: http://www.thestar.com.my/business/business-news/2015/08/25/houses-in-kl-too-expensive/ Public housing affordability... 

I refer to CNA report on defective SMRT trains dated 5 July. CNA: “In 2009, LTA awarded a S$368 million contract to Kawasaki Heavy Industries and CSR Sifang for 22 trains.“ Cost per train in 2009 was S$16.72 million. CNA: “Last year, LTA signed a S$137 million deal for 12 more new trains from the consortium, to run on... 

Maybe the problem with meritocracy and the current thinking of our PAP government and leadership? Maybe they think too highly for themselves, that given them any position, they can pass with flying colors as they always did in schools and exams, but never thought about the real practical and the real experience needed to...