Open letter to PM Lee on AIM
Dear PM Lee, I am quite disturbed by the recent Town Council saga, you see the town council software was developed using tax payers monies, but Dr Ho sold this software because he found it a challenge to maintain the “intellectual rights” of the software, so he decided to sell it to a PAP owned company instead. Today that...
Do We Have A Fair Weather Prime Minister?
PM Lee I remember Goh Chok Tong making a hue and cry over "fair weather" Singaporeans who "quit" Singapore to set up homes elsewhere. Sadly, his own daughter turned out to be among the "quitters". I read today the msm report of Singapore soccer team winning the Suzuki Cup after beating Thailand. The orgasmic reaction and congratulatory...
Singaporean Accounting at Its Best
As I have written about the discrepancy between inflows into Singaporean public assets, reported earnings, and then the amount they claim as assets under management, the question of how to reconcile these divergent numbers arises. There are numerous reasons for the difference between earnings, inflows, and assets under...
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