fbpx

Opinion

Let’s not be too “smart” for our own good.

Reading a description of the future of Singapore, starting with the ambitious plans to create a futuristic Orchard Road, one could be forgiven for thinking that it is a page out of a sci-fi novel. With sensors on "every lamppost, on every tree, in every public pool and drain pipe, every citizen’s transaction via ePayments and driverless cars zipping around - I …

Read More »

If FMC is serious about not blacking out or whitewashing some parts of history, then it will need to deal with some of the less salubrious bits of our history

According to news reports, plans are underway to build a "Founders' Memorial" to commemorate Singapore's founding leaders. Mr Lee Tzu Yang, chairman of the Founders’ Memorial Committee (FMC), has claimed that the memorial will reflect the dilemmas that Singapore's first generation leaders faced by exemplifying the values and ideals of Singapore. When specifically asked on whether or not the memorial will …

Read More »

To call the electrocution of a teenager an “unfortunate misadventure” trivialises life and makes a mockery out of the meaning of accountability.

The tragic electrocution of 15 year old Tan Yao Bin while he was taking a shower due to improper wiring and a faulty circuit breaker in his HDB flat has been called an "unfortunate misadventure". Based on reports however, this sounds more like death caused by gross negligence rather than an "unfortunate misadventure".  Gross negligence not just by the two …

Read More »

Growing class divide simmering in “Crazy Rich” Singapore

Last Thursday (18 Oct), the 2018 Global Wealth Report published by Credit Suisse Research Institute (CSRI) ranked Singapore 9th in the world in terms of household wealth per adult, giving it the highest rank in Asia. Average wealth is at a high level in Singapore – USD283,120 per adult in mid-2018, compared to USD114,720 in 2000. The rise was mostly …

Read More »

Tale of 2 “Ah Ma”s in Singapore

Ravi Philemon, an opposition candidate for Hong Kah North posted an encounter during the 2015 GE on his Facebook page yesterday (19 Oct). He recounted coming across 2 Ah Mas (elderly grandmas) during his campaigning 3 years ago. "This is an untold story," Mr Philemon wrote. "While campaigning in Jurong West (Hong Kah North) for the General Election 3 years …

Read More »

Why is SGX promoting Temasek retail bonds?

I received an email from the Singapore Stock Exchange (SGX) on Thursday - an invitation to attend a seminar on Temasek's retail bond. The retail bond which is being offered by Singapore's sovereign wealth fund, was launched on Wednesday (17 Oct). This bond comes with a five-year maturity and a fixed interest rate of 2.7 per cent Up to $200 million of …

Read More »

WP/AHTC/PRPTC court case – making a mountain out of a molehill

I would think that it would be common practice to cross your "T"s and dot your "I"s when you are compiling a report that could potentially lead to a court case that could cost the public millions. According to reports, this is not the methodology practiced by PwC partner Goh Thien Phong (Goh). It is mind-boggling that he saw no need …

Read More »

The CRI, the CHI and the WEF Competitiveness rating – what does this all mean for the PAP govt?

Singapore has fared very well in two international rankings recently. Hot on the heels of Singapore's stellar showing on the Human Capital Index (HCI) released by the World Bank, Singapore has also come in at second place in the World Economic Forum's (WEF) competitiveness rating. Less salubrious is the nation's results in the Commitment to Reducing Inequality index (CRI) released by Oxfam …

Read More »