Monthly Archives: September 2016

20160929 Zero net profit from Temasek’s overseas investments?

Any company which has grown at Temasek’s phenomenal rate should be making increasing profits. Temasek isn’t. 1. In FY 2007, Temasek’s revenue and total profit were $74.6 billion and $13 billion respectively. Nine years later, although revenue has increased to … Continue reading

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20140929 Temasek’s net profit significantly below previous year, falls below 2007

Due to Temasek’s selective disclosure of information, ordinary Singaporeans and even experts don’t know its actual financial state. A question that’s been on my mind for quite a while – why has Temasek’s group net profit been stagnant despite a … Continue reading

Posted in TEMASEK | 1 Comment

20160928 Singapore PR = tissue paper?

The PAP must review its flawed immigration policy and not continue to treat PRs as a numbers game to increase the GDP. Since PMs Lee and Goh increased the number of PRs from 112,100 in 1990 to 541,000 in 2010, … Continue reading

Posted in IMMIGRATION | 1 Comment

20160926 Another ex paper general appointed LTA CEO, expect public transport circus to continue

The PAP has just announced the appointment of ex paper general Ngien Hoon Ping as CEO of LTA with effect from 12 November. CNA Coincidentally or not, Ngien will be taking over another ex paper general, CEO Chew Men Leong. … Continue reading

Posted in POLITICS | 5 Comments

20160925 Singapore: Falling down, broken, breakdown, falling to pieces

I refer to The Independent’s “External structure collapses at HDB block in Tampines” (photo below). It has become increasingly dangerous to live in our first world country. This is an older block constructed about 3 decades ago by more reliable … Continue reading

Posted in POLITICS | 8 Comments

20160925 Singaporean peasants should not expect PAP elites to resolve problems not affecting them

PAP elites see themselves as superior in intellect and appoint like-minded elites to leadership positions to maintain control over Singaporean peasants. Our elites are so full of themselves and have an acute sense of entitlement to tax dollars. On the … Continue reading

Posted in Uncategorized | 1 Comment

20160923 PAP’s own survey anyhow claims MRT riders are more satisfied

Singapore will soon collapse under the weight of PAP’s incompetence. Everything has been falling apart but the morally bankrupt government has continued to rely on propaganda to control, not serve, the people. In spite of our MRT system breaking down … Continue reading

Posted in POLITICS, SMRT/SBS TRANSIT | 4 Comments

20160921 The increasing cost of maintaining LKY’s garden city

Decades ago, Lee Kuan Yew had a vision of a garden in a city. And so our civil servants started planting trees in every corner of Singapore as if there was no tomorrow. Till today, even though he’s been dead … Continue reading

Posted in NPARKS | 2 Comments

20160920 GIC retained $61.5 billion of CPF members’ returns during last 2 decades

Over the years, PAP has become more brazen and has retained increasing BILLIONS in CPF returns to supplement the budget. Although GIC’s long term returns are about 6%, about 2.5% is confiscated by the government annually for a non-existent CPF … Continue reading

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20160920 Discard the “35% swing voters” myth, opposition parties need new strategy

Singaporeans and opposition parties who want meaningful change should realise that this will never come about from the political awakening of “35% swing voters”. This has all along been a myth. PAP is aware of the “35% swing voters” myth … Continue reading

Posted in POLITICS | 4 Comments