$1.8m paid to FAS personnel despite lowest-ever performance at FIFA?
How is this possible? Singapore football has been nosediving for decades. Today, 21 Oct 2016, the new FIFA ranking puts Singapore at its lowest ranking ever - at 171, out of 205 countries. Yet, the top FAS management people responsible for the destruction of Singapore football have been handsomely paid to the tune of millions. And...
Amendments to the Elected Presidency, how PAP stop at nothing to avoid checks and balance on itself
Mandate from the people to carry out the President's duties, but does anyone really believe in all that? The whole narrative about the proposed amendments to the Elected Presidency has been about how the feelings of the minority races have to be looked after for and that there is a need to relook at the qualifying criteria for...
China Property Bubble Could Cause $600 Billion in Bad Debts
China watchers are starting to put a price tag on what any collapse in the nation’s red-hot property market could cost banks. A drop of 30 percent in housing prices could cause 4 percent of total loans worth 4.1 trillion yuan ($615 billion) to sour, according to DBS Vickers Hong Kong Ltd. Commerzbank AG said such a drop could...
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