Monthly Archives: July 2008

More money is bad

The worse thing that any country does at a time of high inflation would be for the unions and workers to push for wage inflation. Wage inflation is different from wage increment. Wage inflation means you are pushing up wages to fully offset the inflation. Lim Swee Say

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End of the “golden era”?

For the second consecutive quarter, the overall jobless rate climbed from a seasonally adjusted 1.7 per cent in December to 2.0 per cent in March and further to 2.3 per cent in June. Channel NewsAsia

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Old hat

To hold a by-election would be a waste of public funds and will be an invitation to political mercenaries to appear from the cold. They will promise the naive and the gullible the moon and the stars. Lionel De Souza (ST Forum)

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Bleeding all over the world

Singapore Inc’s Temasek meanwhile ploughed A$400m into ABC Learning at $7.30 a share 12 months ago and has watched almost 90 per cent of that evaporate. Financial Times

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Not sodomised – report

Why has this medical report surfaced only today, over one month after the allegations were made, after Anwar spent a night in jail, and after the police have spent so much time and money on this case? Malaysian opposition PKR secretary-general Salehuddin Hashim on the leaked medical report which says that Anwar Ibrahim’s accuser was not sodomised.

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