Singapore can be said to be one of the most transparent country. Yes, so transparent that when the government makes a mistake, they will tell you about it. Yes, it is an honest mistake. So let’s move on. Well, that’s Singapore and transparent.

Look at how well the and how well oiled the media propagandas in Singapore are. They will tell you how much occupancy rates the hotels are enjoying at the moment. They will tell you how you must book 5 nights in a row to enjoy F1. They will tell you how suits which used to costs like $5,000 a night will go for $15,000 for F1. They will tell you this F1 will be a huge success.

But what they never tell you is that they lost an opportunity some one decade plus ago, when Bernie Ecclestone offered Singapore a chance to host F1. No, they try not to remind you with that. Because then, the elites were enjoy games of golfs that they rather play golf than to see F1. However, Mahathir jumped at the opportunity and brought F1 to Malaysia. Despite losing money in the first few years of hosting the events, Kuala Lumpur was bustling with festive atmosphere whenever the F1 circus is in town. Looking at how in such a short weekend, the economic turnover can jump to the tune of a few hundred millions, Singapore realised that it must reinvent its economy to include F1. So even when most Asian circuits rejected calls to hold the event at night, Singapore jumped at the opportunity to ensure that it will get a chance to host the event, even though Korea, India and a couple of Middle East countries were keen to hold races in their ground.

Then the other famous mistakes. Telling Singaporeans not to give birth. Stop at 2. now realising that human capital is perhaps one of the most important component of its economy, it has to rely on foreign talent to make up the short fall of the labours needed to run the entire Singapore economy.

What about Casinos? After Genting made its first foray into the unknown, MM, then a PM, Lee Kuan Yew said Singapore will never fall to preys of casinos as the associated costs of a casino is too high. Broken family, drugs, prostituitions and many factors which are negatively linked to the establishment of a casino. But now, Singapore will not just have a casino but two.

Let us not even get into Mas Selamat.

O well, let’s wait and see who pays eventually.