The Problem with HDB or Deflating the Housing Bubble-Part I
Recent announcements by Mr Khaw Boon Wan in Parliament and on his blog indicate that he is rethinking the role of HDB in Singapore’s future. There seem to be hints […]
How To Make A Surplus Disappear Without Anyone Noticing!
It will come as no surprise to those who regularly read my blog that I am going to start critiquing this year’s budget by drawing attention to the various subterfuges […]
The PAP’s White Paper on Population reveals that the government has all the benefits of surround sound and a wide screen picture at the cost of losing the plot
For the last three years the Reform Party has been saying that the PAP has only one economic idea. That they have rigidly adhered to this idea for fifty years […]
Filing of Our Submission in the IMF Loan Case
Today I was at Madame Netto’s office to file my appeal in the case of the IMF Loan Commitment (Civil Appeal No. 154 of 2012). I expect the appeal to be […]
Why I will be appealing the IMF Loan Judgement
Why I will be appealing the IMF Loan Judgement
Spelling Out the Implications of the Learned Judge’s Ruling for Our Rights and Why We Cannot Let It Go Unchallenged
For those of you who may have found the legal language of my statement on the IMF loan case judgement difficult to follow, I will spell it out in simpler language as […]
MICA’s Response Fails to Reassure
A few days back there was a comment posted on my blog by @Lengyiren drawing my attention to a posting on www.gov.sg saying that the government had rebutted my claims about the […]
How to Make A Small Fortune in Banking (A Further Note on Behind Chamber Doors)
A thought experiment imagining that the government is a bank (or more accurately a long only hedge fund). This is not far-fetched given the highly leveraged balance sheet shown in the annual Statement of Assets and Liabilities.
A Case of the Pot Calling the Kettle Black?
I decide to look at the background of the members of the board of Temasek Holdings to see how many are truly independent. I also compare Temasek’s governance framework with the Norwegian Sovereign Wealth Fund to see how far we are following what could legitimately be called 'best practice'.
The Ricebowl Singapore (TRS) 