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Why Is Singapore Sputtering And Malfunctioning? It is obvious from the lament of many Singaporeans that they no longer feel Singapore is as efficient as we were 30 years ago. The observations of the ordinary people should not be ignored. They offer their views and opinions unencumbered by prejudice or bias. Why then have we landed up in this sorry state? [...]
http://www.tremeritus.net/2022..../12/08/why-is-singap


Discover the world at Altruu, The Discovery Engine
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Should Government Land Sales Be Classified As Revenue? The government position is a clear ‘no’. It maintains that it does not profit from land sales. It asserts that when state land is disposed of at fair market value there is no addition to the Past Reserve but a conversion of one type of asset (land) to another (cash). In the Parliamentary Sitting on [...]
http://www.tremeritus.net/2022..../12/08/should-govern


Discover the world at Altruu, The Discovery Engine
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A possible bad year for Temasek Holdings Temasek Holdings had written off US $275 million in its investment in FTX. During the past 15 years, TH had incurred large losses in some of its investments. In 2008, TH wrote off its $400 million investment in ABC Learning Centers in Australia. There were other bad investments, which raised much concern in the past. [...]
http://www.tremeritus.net/2022..../12/08/a-possible-ba


Discover the world at Altruu, The Discovery Engine
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Democracy is dying The fact that many people here believe that “social media boost democracy” and that WhatsApp, Facebook, Instagram, Twitter etc, is very prevalent, does not mean that democracy is alive and kicking. On the contrary, it is close to dying. The one characteristic thing about democracy is that power is diffused among the people rather than [...]
http://www.tremeritus.net/2022..../12/08/democracy-is-


Discover the world at Altruu, The Discovery Engine
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Singaporeans continue paying In a few weeks’ time, GST will go up. The PAP government will raise GST by 14.3% (from 7% to 8%) with another similar rise a year later, making a total increase of 28.6%. No matter the compelling and reasoned economic arguments against this rise, no matter the appeals for compassion and the pleas to [...]
http://www.tremeritus.net/2022..../12/06/singaporeans-


Discover the world at Altruu, The Discovery Engine