TR EMERITUS

In a statement issued early Thursday, Nov. 17, Temasek said the total cost of its investment in FTX was 0.09 per cent of its net portfolio value of S$403 billion as of end March 2022. People need to know this, the lost of US$275 millions does not represents the 1% loss in total invested money. In fact it should not use portfolio... 

Does Singapore have a surplus of $2.2 billion or a structural surplus of $30 billion? It depends on the accounting treatment. This is my opinion. The SG govt adopts two unusual accounting methods. 1. Sale of land, mostly 99 year leases, are not taken as govt revenue. Instead, it disappears as transactions involving "past reserves". 2.... 

Dr Mahathir Mohammed Dr Mahathir Mohammed has been voted out & even lost his deposit. This should send chills down People's Action Party Ministers, MPs & Prime Minister Lee Hsien Loong. Times have changed! Political challenge and competition is good and healthy for a proper functioning country and a democracy. Past few...