Category: Business

SINGAPORE’S FUTURE AS A TECH HUB, AND WHAT IT MEANS RE FOREIGN WORKERS

SINGAPORE’S FUTURE AS A TECH HUB, AND WHAT IT MEANS RE FOREIGN WORKERS

I am co-Chairman and co-founder of Retech Technology Ltd, which is listed on the Australian Stock Exchange. In 2010, I founded a training company, which I grew and merged with a larger technology company, which I eventually led to what was Australia’s largest tech IPO in 2017 (about 110m SGD). Our stock price has languished…

Read More Read More

My Thoughts on Davos 2018

My Thoughts on Davos 2018

So I have finally left the ‘Magic Mountain’ and am back in Zurich. The start of the World Economic Forum of Davos 2018 was chaotic, after the heaviest snowstorms in decades. Trains broke down and people started taking to the roads, leading to huge jams going into what is essentially a little village. I however…

Read More Read More

CHANGES TO THE POLITICAL SYSTEM – PRESIDENTIAL ADDRESS 2016 January

CHANGES TO THE POLITICAL SYSTEM – PRESIDENTIAL ADDRESS 2016 January

The one thing that stood out in yesterday’s Presidential Address was the remarks about possible changes to Singapore’s political system. As I have argued before, whilst the PAP still has its 2/3 majority, it needs to implement constitutional changes to safeguard the future of Singapore, and ensure we avoid the degeneration that Western political systems…

Read More Read More

HDB Loses 1 Billion Dollars a Year – Why We Should Care

HDB Loses 1 Billion Dollars a Year – Why We Should Care

http://www.moneysmart.sg/money-talks/hdb-loses-1-billion-a-year-and-why-you-shouldnt-care/ Been seeing this article doing the rounds on cyberspace and needed to debunk it. This blogger argues that HDB makes a loss because it buys land from SLA at market rates and it does not matter since it is from one government account to another. The alternative to buying land from SLA at market…

Read More Read More