China picks SGD as 9th currency to directly trade against yuan
Singapore and China trade relations to get a boost (October 27, 2014) The China Foreign Exchange Trade System (CFETS) has said that the People's Bank of China has approved direct trading of the Singapore dollar against the Chinese yuan on the interbank market. Analysts say that the move will help China to diversify its huge...
Democracy is on its last legs
Democracy seems to have failed in many places, both socially and economically, and often in glaring fashion. (24 October, 2014) Dabing Li says now and in the past, democracies have failed to work as promised. Inevitably, they become a race to the bottom for the vote of the ignorant masses, resulting in disastrous policies. The...
DAP wants M’sia investment funds put under Parliament
Lim Guan Eng (15 July 2014) - The DAP has called for Putrajaya's eight investment funds, which control funds and assets totalling some RM1,270 billion, to be subjected to full and regular parliamentary oversight to ensure they optimise national interest instead of private benefit of cronies. Party secretary-general Lim Guan...
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