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Indian News - PAP power unsafe!

flkyflky

Alfrescian
Loyal
http://www.indianexpress.com/news/key-political-risks-to-watch-in-singapore/840178/


Key political risks to watch in Singapore
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Sports - By NripinderMaran - By KMR OverseasCongress dmk - By swaranAll indians should n... - By INDIANIndia needs more peo... - By BhartiRishwatpasand - By Khazan SinghA very good laughing... - By INDIAN

Singapore, which serves as a regional base for many multinational corporations and fund managers, is widely regarded as one of Asia's least risky investment destinations and is rated triple-A by both Moody's and Standard & Poor's.

Its long-ruling People's Action Party (PAP) is, however, losing support at the ballot box from an electorate unhappy about the widening income divide, and the government's liberal immigration policy.

At the end of August, former Deputy Prime Minister Tony Tan was elected president with just 35 per cent of the vote, a result seen as a blow for Prime Minister Lee Hsien Loong who had backed Tan in the fight for the largely ceremonial role.

Singapore recently cut its 2011 economic growth forecast to 5-6 per cent from 5-7 per cent, and some economists warn the wealthy Southeast Asian city-state could fall into a recession this quarter even as inflation remains elevated.
 

glockman

Old Fart
Asset
....................................

Its long-ruling People's Action Party (PAP) is, however, losing support at the ballot box from an electorate unhappy about the widening income divide, and the government's liberal immigration policy.

At the end of August, former Deputy Prime Minister Tony Tan was elected president with just 35 per cent of the vote, a result seen as a blow for Prime Minister Lee Hsien Loong who had backed Tan in the fight for the largely ceremonial role.
.....................

Now this is what I would term objective and neutral journalism. Reporting as the facts show. Not some pathetic spin like the bloody 154th Shit Times, "almost 40%". PUI!!!!
 

bullfrog

Alfrescian
Loyal
The Indian govt, the Indian Press and Indian business community are the biggest balls carriers of the PAP.
 

williamsF1

Alfrescian
Loyal
there's some truth in it. our domestic economy is dwindling like fallen leaf, but the gahmen keep gives us the impression that we have a fountain of wealth spouting yusof ishak non stop.
 
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