People in Singapore, by one measure, have more purchasing power than those in America and Europe. Singapore’s gross national income based on purchasing power parity in current international dollars in 2016 was $85,000, according to World Bank data, while that of the United States was $58,030, and of Switzerland was $63,660. [Read more…] about Singaporeans: Better off, better paid
Poor Singapore Press Holdings (SPH). The media giant is downsizing, cutting staff and selling off assets to increase profits.
SPH reported its net profit rose 32 per cent to S$350.1 million for the year ended August 31, 2017. But as its flagship newspaper, the Straits Times, reported: “This was due largely to the sale of its online classifieds business 701Search, on which SPH recognised a profit of S$149.7 million, as well as a fair value gain on investment properties of S$57.4 million.” [Read more…] about Singapore Press Holdings: The downsizing media giant
Even the heavens wept, with the rain coming down on Lee Kuan Yew’s funeral. That couldn’t prevent people from pouring out on the streets to pay their respects to the departed leader. “Lee Kuan Yew! Lew Kuan Yew!” the crowd chanted in thunderous ovation to the founder of the nation. Vindication or nostalgia, it had to be one or the other that surged forth in this vast outpouring of affection. [Read more…] about Even the heavens wept for Lee Kuan Yew
It’s the end of an era in Singapore. Lee Kuan Yew died at 3.18 am today at the Singapore General Hospital, where he had been warded for severe pneumonia for more than a month. He was 91.
Singapore today lost not only its first prime minister, but also the man who personified exceptionalism.
Generally, commentators talk about American exceptionalism, but hasn’t Singapore been exceptional too? [Read more…] about The legacy of Lee Kuan Yew
Singapore sure knows how to party. The spectacular National Day parade at Marina Bay yesterday dazzled the eyes, warmed the heart and unfolded like a Hollywood blockbuster that had elements of Disney, Star Wars and Broadway musicals spliced together to lay on the mother of all shows. [Read more…] about Big Island, great show
Back in Singapore after a long time, I have been humming The Green, Green Grass of Home. The difference is the song is about a man in a prison who is dreaming of home while here I am in my beloved Singapore. And just in time for National Day, a celebration I didn’t want to miss. It feels so good watching the red-and-white flags draped on buildings and fluttering on roadsides.