An analysis of the UBS study (Part 2): Moving towards a Russian standard of living and way of life (revisited)
When Mr Goh Chok Tong became the second Prime Minister of Singapore in the 1990s, he promised Singaporeans that we will attain the "Swiss standard of living" within a decade. In 2001, during the National Day Rally, Mr Goh said: "I was also quietly satisfied that we realized our vision of reaching the 1984 Swiss standard of living...
An analysis of the UBS study (Part 1): Singapore has the lowest wages and domestic purchasing power among the Asian Tigers (revisited)
The worldwide study conducted and released by UBS lately, titled "Price and Earnings 2009" has some unflattering results for Singapore. (download the study here) While our economy has the highest GDP (PPP) per capita in Asia at $49,288 according to a World Bank report (source: Wikipedia), our people do not enjoy a quality of...
Did Low Thia Khiang backstab his mentor JBJ? (Revisited)
By Richard Tang Once again the government controlled “local media” is dredging out how Dr Chee Soon Juan staged a coup in the Singapore Democratic Party (SDP) to oust Mr Chiam See Tong in 1992 when the latter was the party’s Secretary General. Since the event took place almost 2 decades ago, enough had been written by...
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