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From the looks of it, the 'high bridge' will only be 25m above sea level, so causeway will probably stay as it is for the foreseeable future..

Good news. One step at a time. Hope for more info during the annual retreat this month.

It's perfect for retirees but perhaps less so for working adults. For retirees, you get to 'monetize' (ie rent out) your HDB and/or SG condo, while retiring in a comfortable freehold landed. For landed maintenance, part time maids are just as cheap (if not more so) in MY.

On a side note, the ringgit is crashing and year-end bonus is coming. Time to fully pay off the MY housing loan. hahaha

Some news articles on RTS below: http://www.channelnewsasia.com/news/singapore/singapore-malaysia-hold/2584122.html http://www.straitstimes.com/singapore/transport/second-phase-of-study-on-mrt-extension-to-johor

RTS was proposed by the MY govt, in exchange for KTM land. It's logical that both sides are keen on RTS and HSR, given that it will help to develop Iskandar Puteri and JB CBD areas (MY side), and Jurong/Woodlands hubs (SG side). For SG, the Thomson side of the Thomson-East Coast Line will only...

Well, just scrape or delayed indefinitely lor. No big deal for SG. Anybody can see that Malaysia has more benefits from these projects than SG, whose main benefit is mainly the increased influx of foreign talents from MY. In fact, the RTS was Malaysia's idea, in order to settle the KTM issue...

Even if Najib is going to step down (remote possibility), what do you think the anti-Singaporean new leader would do? Cut water supply, halt food exports to SG, raise levies, halt all infrastructure projects? Other than the first 2 actions (which no Malaysian leader in history has done)...

森林城市真正的销售成绩到底是牛逼还是装逼呢？ How's my Mandarin for starters? hahaha

How many non-Johoreans can talk in depth about Mount Austin, Sutera Utama, Sungai Segget, Johor water rationing etc? Esp the last 2 topics. He's either (a) local Johorean who hopes for durian to drop, or (b) SG PR/new citizen who had converted to Singaporean. Then again, if he's (b), usually...

If you follow his posts from old times, it's pretty obvious he's a Johorean. Maybe he's a SG PR or has gotten his SG citizenship by now. Actually I realise that the worst critics of Malaysia are not Singaporeans, but local-born like him. I have seen many such examples over the course of my work.

Aiyah pretty obvious that Bro Snowbird has no sense of business/finance or accounts lah. No point dwelling on the topic. He talks more sense about reclaimed land/engineering stuff though, so maybe he's an engineer working in 1 of the JB factories.

The accounting standard is called "Snowbird FRS 7: Cashless Statement." Hahaha

Well, I know exactly what a budget is. I review and approve company budgets. I am just responding to your assertion that Petronas will run out of cash soon, as it is in a cash flow negative position. This is obviously not true. If "negative cash flow = cashless soon", many GLCs like Keppel O&M...

The point is that I still have $900 million. Maybe by end of next year, I am down to $800 million. By end of another year, maybe I am down to $700 million. ie your "free cash flow negative". There's still a long way to go before I become 'cashless', or in this case, for Petronas. Using your...

Let me try another stab to explain it simply. Last year, I got $1 billion cash. This year, I only got $900 million cash. ie $100 million lesser. To Snowbird, that means I am "now cashless or soon to be cashless". But I still feel I am pretty rich leh, since I still got $900 million cash...

Its true that many Singaporeans still live in the past glories, thinking that life is all good, and relying on past strategies formulated 30 years ago.This kind of thinking permeates, right from the top all the way to the bottom. LKY and Goh Keng Swee must be turning in their graves.

True, it's not expensive to live a simple life in SG, ie hawker centre meals, 4 rm HDB in Woodlands, and BMW (Bus, MRT, Walk). But if you want more, say Joel Robuchon dining, landed house and a real BMW, the costs can quickly add up. Personally, i am of the view that SG's best days are behind...

Based on what Bro Snowbird's truths, Petronas is now "cashless", so people should expect Petronas to do a Swiber anytime soon.

Yes yes, "free cash flow negative" doesnt mean no cash. To put it simply, it just means the cash balance drops from prior periods, not withstanding that Petronas still has a huge war chest of cash......