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Singapore’s Transport Minister Khaw Boon Wan failed to receive his US$125 million penalty or convince Malaysia in proceeding ahead with the High Speed Rail (HSR) construction yesterday (Sep 5). The decision to proceed will be deferred until May 2020, which happens to be the General Election year for Singapore.
......... Singapore’s incumbent ruling party is deeply unpopular at the moment following public insecurity and increasing hardships due to poorly-planned housing policies and hefty tax increases. At the heart of the bitterness is Prime Minister Lee Hsien Loong, who in recent years made himself a public enemy by abusing power to invalidate his father’s last will and artificially inflating the cost of living through his tax increases. The dictator PM needed money to fund his overseas investment losses at GIC, where he sits as Chairman, and Temasek Holdings, where his wife sits as CEO.
More at playboy.com
......... Singapore’s incumbent ruling party is deeply unpopular at the moment following public insecurity and increasing hardships due to poorly-planned housing policies and hefty tax increases. At the heart of the bitterness is Prime Minister Lee Hsien Loong, who in recent years made himself a public enemy by abusing power to invalidate his father’s last will and artificially inflating the cost of living through his tax increases. The dictator PM needed money to fund his overseas investment losses at GIC, where he sits as Chairman, and Temasek Holdings, where his wife sits as CEO.
More at playboy.com
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