Daily Archives: 2013-12-27

A Paper Raincoat: A Democratic System in an Autocratic Culture

By Elaine Ee Singapore is no stranger to criticism. We have been called authoritarian, oppressive and regimented. In the areas of human rights, press freedom and political openness, we rank next to countries whose own record of these things leaves a lot to be desired. One consistent retort from the government to these types of remarks is to quickly point …

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Outsourcing responsibility of family planning

By Aloysius Chia Mr Khaw Boon Wan, in an article in the Today newspaper (‘Couples now buy home first, marry later’ Today, 27 December 2013), mentioned how the social objectives guiding housing policies are to “encourage the young to get married and have children as soon as they wed”, and to “ensure procreation starts as early as possible”, so “let not …

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The alternative news in 1 day? (part 13) – GIC corp to GIC pte ltd

By Leong Sze Hian GIC name change? There has been quite a bit of chatter on the internet, and some people have also been asking me about the name change of the Government Investment Corporation (GIC). The most common question seems to be – what does it mean? What is the significance of the name change? I refer to the article “Govt …

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ETFs’ counter-party and collateral risks

By Leong Sze Hian The Financial Stability Board (FSB) which was set up after the last 2008 financial crisis, and which represents central banks and regulators has said that the increased popularity of synthetic  Exchange-Traded Funds (ETF)s, as well as the more intensive recourse to securities lending by providers of physical ETFs raises new challenges in terms of counter-party and collateral risks. …

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