Thursday, October 4, 2007

$6.3 Billion into Singapore's Pocket; Indonesia Govt Weeps

Source: The Business Times, Thursday Oct 5, 2007

It can't be more clear. The Singapore Government has collected a princely $6.3b this time round, though supposedly overshadowed by the $14b from 1998 (which rock were you hiding under in 1999?). Are we seeing more handouts from Progress Packages on the radar come General Election?

On another note, I guess the Indonesian Government's have the right to get mad at us. We (used to) buy sand from them at dirt(!) cheap prices and their people buy it here marked up a gazillion times (minus Indonesian Sovereignty). Long Live the Free Market.