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Swetha is absolutely right. Those who oppose COV are missing the crux of the issue. The issue is insufficient supply of public housing, and high demand from PRs. Price is set by willing buyer and seller. Valuation is just the valuer’s opinion of the price of the property. One can find 3...

Construction cost for public housing is S$150-200 psf. Assuming S$200 psf, for 4-room flat of 90 sqm, construction cost will be S$194k. At minimum selling price of S$234,000, HDB’s profit is at least S$40,248, or S$41.54 psf of plot ratio. (Since the land on which the flat is built is owned...

------------------------- Did god mysteriously organize the job fair? Qns to ponder: Why are PAP politicians taking credit for something which they did not put any effort/money into? Of the 1500 who attended, how many are citizens/PRs/foreigners? How many jobs were offered and...

Tiger wasn't setup to make money - it was setup to respond to the wave of budget carriers such as AirAsia and Jetstar in Singapore. Tiger's sole purpose is to be used as a platform to bleed these budget carriers to death (or quit Singapore) through price wars. SIA has no problem supporting Tiger...

In fact till today, I believe the public is not aware of the exact nature of charges that are leveled against Ming Yi. Yes he led a lavish lifestyle. But if these perks are allowed under his employment contract and fully disclosed and approved, legally there is no wrongdoing. If the prosecutor...

Suppose we take a step back and consider. The critical question is whether Ming Yi is entitled to the money and indulgence under his employment contract. If so, and there is no misappropriation of the charity’s funds, then he has not broken any law. His taste for branded goods, luxury...

No offense to Ms Azmanshah Zailamshah. She is better off keeping that S$10 under her pillow/mattress or in a Milo tin rather than in POSB.

Presumably these four owners are sufficiently well rewarded by HPL, Morgan Stanley Real Estate and Qatar Investment Authority to create trouble to stop the enbloc sale from going through after the property market collapsed. Otherwise these four must be the biggest idiots around and will forever...

Bow and resign?? Are you kidding? They should go commit harikiri.

Excellent article. It doesn't take an investment banker to point out the absurd profits the taxi companies/temasek are making. Daily rentals at S$90-100 mean at least $36,000 p.a. So in 2 years the taxi companies recover the cost of the vehicle. Obviously the taxi drivers are better off owning...

CPL (NS) Lim could have just gone to visit a friendly family doctor to get a MC to be excused from RT.

The third fund is called "CPF".

No need for all these logos. Just like ERP, anyone who wants a seat will have to pay for it. This is to allow passengers to choose between a no frills standing travel, and a premium seating travel experience. Pregnant women and senior citizens will enjoy a 10% discount from the seating charges.

I propose they be named as: Turn 1: Kwan Yew Turn 7: Hsien Loong Turn 10: Ho Ching Alternatively, our government can also pay S$400,000 to an advertising company, and rename them as Turn 1, Turn 7 and Turn 10.

So they will collect peh kim from the Hell Centre?

You must be joking. Of course the residents have to pay the MPs appearance fees. Just like superstar singers, you must pay them to listen to their "Stay Positive" speeches during this recession.

Why not just send the fella to NS? 3 months of BMT is guaranteed to cure his addiction. Madmansg would agree......

I have presume this is how Temasek "outperform" the market - simple creative accounting from the sale of Tuas Power and Power Seraya. These assets are fully depreciated and held at zero carrying value on Temasek's balance sheet. Power Seraya Accounting Treatment - Sale to YTL for S$4.2b...

Voting for anyone other than the PAP shall soon be classified as an act of civil disobedience. Punishment includes a free holiday at the IMH.

Obviously toilet was cleaned and probably locked up just before she came. To compensate her for her tireless work, Dr Amy Kor should get additional bangala cleaner vocation pay on top of her MP pay.