Current Affairs

Singapore Swing

Excerpt from Newsweek International By Sonia Kolesnikov-Jessop Jan. 29, 2007 issue – Tiny Singapore, with its population of 4.3 million, is often lauded for the way it has embraced globalization to maximum advantage. In the last decade, the city-state has opened its doors wide to foreign investment and talent, slashed corporate taxes, offered incentives to nurture strategic industries (such as …

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After the spending frenzy comes the reality

At just about this time last year (2006), we were inundated with dizzying and mind-numbing headlines after headlines (like the Straits Times headlines on the right) of billion dollar handouts & hundred-million dollar “5-year” upgrading plans, along with reports of how the economy is doing so well that recently, Minister of Manpower Ng Eng Hen told students at NUS that …

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What happened to Singapore, the land of plenty?

This article is taken from Asiaweek (For Richer Or Poorer), to allow our readers to revisit the issues of welfare, the aged, foreign workers, and wages in Singapore. It is quite troubling to note that this article was first published in Nov, 2000. The problems faced by those who are struggling are largely the same today – 6 years on. …

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Sir, may I have the can please?

This excerpt is taken from Yawning Bread’s website. I was having a late lunch at a hawker centre — just some fried noodles and a canned drink. In Singapore, one usually gets a cup of ice along with the drink, and the first thing we do is to pour half the can into the ice before we begin with the …

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Shin Corp deal only a commercial one – really?

This is filed under Letters to TOC Prime Minister and Minister of Finance Lee Hsien Loong has been adamant in insisting that the Temasek-Shin Corp deal is a ‘commercial investment’ and that the govt is “not dealing with it. It’s not a government issue.” He goes on to say: “When you make commercial investments there is a risk. And if …

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Entrepreneurship And the Future State of Affairs

This is part one of a 3-part essay on entrepreneurship by leounheort. Singapore needs creativity. That much is clear: we as a nation must ride along the wave of globalisation out of necessity, for we are too small, geographically and demographically, to ever specialise in a particular good or labour-intensive skill. In this globalised world, he who can see a …

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One CNA Report But Two Different Set of Numbers

Thanks to Pseudonymity for bringing up this apparent disparity in his blog here. Yesterday, CNA broadcasted/posted a report titled Middle class wage stagnation could lead to social instability. One version of the report says 123,000 jobs were created last year and economists estimate some 70 percent of these jobs went to foreigners. (See also SEW’s post) In the other version …

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New northern hospital – public transport concerns

Construction of the new $400 million, 400-beds [email protected] hospital is now underway, and is expected to be completed by march 2009 (It was first announced as an election promise by the PAP in the 2001 general elections, by the way. 8 years to build a hospital?) Nicely nestled on a plot of land between the yishun interchange and yishun park, …

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w w w . H e l p N a z a n i n . c o m

Go to the website here to learn how to help Nazanin. On January 3, 2006, 18-year-old Nazanin Mahabad Fatehi was sentenced to death for murder by court in Iran after she stabbed one of three men who attempted to rape her and her 16-year-old niece in a park in Karaj (a suburb of Tehran) in March 2005. She was seventeen …

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How Many Ministers Does It Take To Change A Lightbulb?

The People’s Authoritarian Party (PAP) recently held a closed door, secret meeting to discuss the issue of lightbulbs in Singapore. Below is the transcript of the meeting which was leaked out. Lee Hsien Loong: Gentlemen and ladies… I am very happy to announce that 66.6% of the people want to buy our new Progress Lightbulbs, according to our nationwide survey …

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