UPDATE on Global economies are heading for turbulence, ARE WE IN TROUBLE GOING FORWARD?
THE STOCK MARKET PERSPECTIVE The first week past this initial write-up “ Global economies are heading for turbulence – ARE WE IN TROUBLE GOING FORWARD” dated 5th July 2010 saw global markets rose sharply, ahead of the US corporate reporting season, confounding market analysts. European markets rallied on BP’s...
Median COVs for resale HDB flats hit a record high $30,000
In a sign that Singapore’s public housing market is spiralling out of control, the median Cash-Over-Valuation (COV) for the second quarter jumped by $5,000 to a record high $30,000 for all transactions with some flats in prime districts like Bishan and Toa Payoh fetching COVs in excess of $60,000. Prices of HDB resale...
新加坡GDP草坪更翠绿?
作者:新加坡文献馆 2010年7月15日新加坡公布 的经济数据引发了两岸三地报章的响亮回应:新加坡经济表现抢眼;新加坡GDP破表;新加坡GDP15% 冲全球第一;星GDP料增 15% 远胜香港;新加坡的惊叹号,台湾的问号,等等。这种洋溢着赞叹的媒体标题强化了新加坡经济的成功形象。 然而,李光耀的新加坡是否真的就是江山如此多嬌?经济情势一片大好?这些漂亮的新加坡经济表现有多少真实性? 当然,新加坡经济有其成功的一面,但数据呈现的只是片面不是全面。要解读新加坡经济表现之前有必要先了解一些基本的约束条件,缺乏这方面的基本常识,而只根据统计数据进行表面分析是不妥当的,难免会有偏差,甚至于会误判。 每一个国家的政经大环境都有其本土性,而有关新加坡统计数据的特殊性,尤其是涉及新加坡经济表现的认知,有3大特色:其一,新加坡经济统计数据有其可使用性问题。其二,新加坡经济增长有其特殊性,其三,新加坡经济结构亦有其特殊性。 首先,决定并形成这些约束条件的环境因素源于李光耀的政治思维。在新加坡的政治文化里国家讯息包括统计数据是非常重要的战略资源所以都严格保密。 在‘你只需要知道你应该知道的’原则下,个人政治权力的虚实决定个人掌握机密资讯的多少。相信,在新加坡能够掌握国库清单与人民行动党干部清单的知情者,应该就只是政治权力核心的三儿个人。 比...
Singapore ranked the 81st happiest country in the world
Singapore is supposedly a first world country with one of the highest GDP per capita income in the world, but its people are far from being happy, according to a worldwide poll done by Gallup lately. In a survey of citizens from 155 countries on their overall satisfaction of life, Singapore ranked a pathetic 81st below...
A Redeeming Feature of the PAP Government
As outraged netizens it is quite natural to vent our wraths on the arrogant PAP government from time to time for the innumerable injustices by it. It is equally natural for the government to promote an international benevolent feature in order to divert some of the local broadsides. It is for its political capital that...
YPAP leader Jack Lin: We are free to “fix” the opposition
Following the footsteps of YPAP leader and new citizen from India Mr Sinha Shekhar, another YPAP leader Jack Lin Xinli has sparked a furore in cyberspace again with his callous remarks about opponents of the PAP regime. Mr Sinha Shekhar sparked a massive outcry among Singaporeans last month when his comments on the YPAP...
“Foreign Talents” arrested for loansharking activities
A Vietnamese man has been sentenced to 22 months in prison and 15 lashes for harassing debtors. Mai Thanh Tai, 22, was convicted of having violated the Moneylenders Act of Singapore at a hearing on June 28. Singapore Police Force said Tai entered the country on May 26 as a tourist. He was arrested in front of an...
GDP growth not an accurate reflection of standard of living
A Singaporean by the name of Seah Su Chen has written to the Straits Times Forum today arguing why GDP growth is not an accurate reflection of the standard of living in a country. The PAP is obsessed with GDP growth, pegging its ministers’ multi-million dollar salaries to annual growth figures – the higher the...
Brace for more floodings over the weekend, says PUB
There were no reports of flooding on Thursday, despite rain falling in many parts of Singapore for most of the day, reported the Straits Times. But with heavy rainstorms forecast for the next few days, the authorities are bracing themselves for floods over the weekend. National water agency PUB told The Straits Times on...
“Freak Floods” – When doing our best means you’re on your own
Within a period of few months, Singapore was hit by a spate of damaging floods, causing millions of dollars in damages to residents and businesses alike. Many areas were flooded, including but not limited to the tourist attraction commerce belt Orchard Road where cars in carparks were submerged in waist-deep water. When...
MHA says no delay in releasing info on CPIB probe to public
Misleading report by ST on inflation
PM Lee does not think his children will enter politics
How could HDB public housing for Singaporeans be so messed up?

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