1. "
AMKTC trial: Director told me to keep receipts for karaoke lounge visits vague, says witness"
Where will this trial leads to? None of the MPs, this include PM Lee, biz as TC is run by professionals n the MPs r not negligent or fraudulently benefiting fr having this corruptpetson running the show. End of story!!
2. "Army-wide safety timeout after death of NSF Liu Kai to be lifted on Thursday: SAF"
A bit disturb by this over-reaction after this tragic incident that took a young NS man's life in Sgp.
For the stop training order to apply to troops sent overseas is an over-reaction UNLESS our armed forces, be it navy, air force or army had been very careless abt training safety!!
We spend a lot of defence matter in Sgp n this is definitely NOT a good practice!
Yes safety is always no. 1. Yet, stopping training when the troops were sent for overseas joint training must go on regardless!!
3. "'Look at where debt has gone’: MAS chief warns of 3 shifts in global financial risks"
The MAS MD is spot on in his warning on: watch where the debts r going/growing!
Financial crisis almost without fail is triggered by overleveraging!
Due to the power of multiplier effect, growth comes faster n bigger when leverage is used.
With banks that r now more closely regulated, the over enthusiasm to lend had been curbed somewhat though old habit die hard n some still try their luck. Then, it most of the leverage is for speculative "investments" or just "trading" i.e. gambling, it is dangerous too. Finally, with lightly regulated non-banks lending MORE, risk goes up too.
In this case, to be cautious is definitely the prudent n right thing to do vs. the over-reaction cited in the Mindef case!!
AMKTC trial: Director told me to keep receipts for karaoke lounge visits vague, says witness"
Where will this trial leads to? None of the MPs, this include PM Lee, biz as TC is run by professionals n the MPs r not negligent or fraudulently benefiting fr having this corruptpetson running the show. End of story!!
2. "Army-wide safety timeout after death of NSF Liu Kai to be lifted on Thursday: SAF"
A bit disturb by this over-reaction after this tragic incident that took a young NS man's life in Sgp.
For the stop training order to apply to troops sent overseas is an over-reaction UNLESS our armed forces, be it navy, air force or army had been very careless abt training safety!!
We spend a lot of defence matter in Sgp n this is definitely NOT a good practice!
Yes safety is always no. 1. Yet, stopping training when the troops were sent for overseas joint training must go on regardless!!
3. "'Look at where debt has gone’: MAS chief warns of 3 shifts in global financial risks"
The MAS MD is spot on in his warning on: watch where the debts r going/growing!
Financial crisis almost without fail is triggered by overleveraging!
Due to the power of multiplier effect, growth comes faster n bigger when leverage is used.
With banks that r now more closely regulated, the over enthusiasm to lend had been curbed somewhat though old habit die hard n some still try their luck. Then, it most of the leverage is for speculative "investments" or just "trading" i.e. gambling, it is dangerous too. Finally, with lightly regulated non-banks lending MORE, risk goes up too.
In this case, to be cautious is definitely the prudent n right thing to do vs. the over-reaction cited in the Mindef case!!
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