UNSW & EDB

I won't comment much of this Economic Development Board (EDB) fiasco for now, even though it has "invested" in unknown amounts in this UNSW project. But I thought Alex (www.yawningbread.org) made a rather interesting comment:

We spent some S$100 million to host the WorldBank/IMF annual meetings only to generate bad press about Singapore. Now, with UNSW, we're doing it again.