A Shocking Window Into The Institutional Corruption That Pervades Singapore Inc
Quietly over Christmas the US Justice Department announced that it had reached a deferred prosecution agreement with Keppel Offshore and Marine. Under the agreement Keppel O & M, a unit […]
The Mystery of PM Lee’s Use of ST Aerospace’s Business Jets
Historically it has always been a bragging point of the PAP Government that the Prime Minister and his colleagues do not have a special aircraft or fleet reserved for their […]
Lee Hsien Yang’s Investment Prowess Induces A Strong Sense of Deja Vu
This morning I was greeted by the heartwarming news that another Singaporean had become a billionaire, this time the CEO and founder of Razer Inc., which makes video gaming accessories. […]
One Law for The Lee Family And Another For Everyone Else
Recently the Court of Appeal reserved judgement on the appeal by LKY’s two younger children, Lee Hsien Yang and Lee Wei Ling, against the High Court decision that they would […]
Poor Lee Hsien Loong! He Still Cannot Get Rid of His Problems with Yes Men After All These Years
At an event at the end of February 2017, reported on by state media mouthpiece The Straits Times, Lee Hsien Loong announced that “it is important for leaders not to […]
Trading Outage Damages Singapore Stock Exchange Reputation.
I have repeatedly pointed out over the last five years that lack of competition and monopoly in political life has the same dire consequences that it has in business. Today […]
Budget 2016: Stuck in a Car in the Fog. Who to Ask for Directions?
Since 2012 I have pointed out, repeatedly, that the Singapore Budget presentation gives a deeply misleading picture of the Government’s finances. I have written innumerable times on how the Budget does […]
Keeping It Under Your Hat -The Panama Papers
The Panama Papers is a massive leak of files from the Panamanian law firm Mossack Fonseca, engineered by the International Consortium of Investigative Journalists.(ICIJ) Names and identities released so far include, like the proverbial bad […]
Are We Paying Too Much for Our Groceries?
Sheng Siong, one of Singapore’s big three food retailers, announced its fourth quarter and annual results for 2015 a few days ago. The dominant player is NTUC Fairprice, which has […]