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Diary of A Singaporean Mind: HIgh HDB Prices : Curbing the surge…. January 13, 2010

Filed under: Life In Singapore,Politics — ilcourtilcourt @ 15:43
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A good summary of why Public Housing Prices are high in Singapore, what policies made this happen and remedy suggestions (I think both should be applied).

One feasible suggestion I’ve seen on the Internet is to reduce the loan tenure gradually to 15-20 years. Shortening this, helps Singaporeans to be free of their housing debt earlier and enables them to start accumulating savings for retirement. […]. The other approach is to limit the amount of CPF money that can be used…but that has to be seen in a larger context as my main concern with CPF is the low fixed returns relative to inflation so proper management of CPF has to come first.

via Diary of A Singaporean Mind: HIgh HDB Prices : Curbing the surge…..


Google seemingly ready to fight China

Filed under: Uncategorized — ilcourtilcourt @ 04:52
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After an onslaught of attacks apparently aimed at Chinese dissidents, Google is making a move.

These attacks and the surveillance they have uncovered–combined with the attempts over the past year to further limit free speech on the web–have led us to conclude that we should review the feasibility of our business operations in China. We have decided we are no longer willing to continue censoring our results on, and so over the next few weeks we will be discussing with the Chinese government the basis on which we could operate an unfiltered search engine within the law, if at all. We recognize that this may well mean having to shut down, and potentially our offices in China.