How is Singapore different from China or North Korea?
The only difference is we have election, the rest is almost identical. Look at the state we are in now, state media and education are used to brainwash the public, we are constantly told we are this and we are that. I am doing the best for you and you toe the line. Former GIC Head Yam said, Singapore is market based authoritarianism, the...
36% of firms cut or did not increase wages?
I refer to the Report on Wage Practices 2015 released on 2 June. 36% cut or did not increase wages? It states that “A smaller proportion of establishments raised wages in 2015 than a year ago. 64% of private establishments raised the total wages of their employees in 2015, down from 72% in 2014. There was an increase in the...
GIC’s investment in a funeral stock with no hope of revival?
GIC also owns over 74.28 million shares in Australian uranium energy entity – Paladin Energy Limited DESPITE OFFICIAL DENIAL IN PARLIAMENT by cabinet ministers that GIC ever had any foreign shares in its own book. In compliance with Australian corporate law, GIC lodged this substantial shareholding notice for public announcement...
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