Category Archives: POLITICS

Infrastructure falling apart caused by PAP, did not plan for additional 2 million foreigners

Up till 1990, Singapore’s population projection was less than 4 million by 2030.  Even the URA 1991 Concept Plan projected a 4 million population. According to a 1990 Singapore Medical Association article, “Singapore – An Ageing Society“, by P W J Choo, K S … Continue reading

Posted in IMMIGRATION, POLITICS | 1 Comment

‘Temasek’ and ‘GIC’ unable to prevent Hyflux from seeking court protection?

Although Temasek may not have any interest in Hyflux, it is a government-linked company. On Hyflux’s board are former paper colonel Gay Chee Cheong and Lau Wing Tat, former GIC senior management executive. Gay is also a director of Heliconia Capital Management … Continue reading

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PAP depressed prices of older flats to stem CPF funds outflow from GIC

Singaporeans should take note that numerous policy tweaks are merely attempts to stem funds outflow from GIC. Funds outflow – redemptions in the case of Ponzis – will spell the death knell for GIC, ultimately leading to the spectacular collapse of … Continue reading

Posted in HOUSING, POLITICS | Leave a comment

PAP depressed prices of older flats to benefit HDB, lessees sell back remaining lease at lelong price under Lease Buyback Scheme

In 2013, PAP severely limited the use of CPF for flats with leases of less than 60 years. At this stage of the HDB lease cycle, PAP really has no choice but to depress HDB flat prices.  This is to enable HDB … Continue reading

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Useless ESM title but Lau Goh still paid more than 1 million in tax dollars yearly

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