Why did Ho Ching retire as CEO of Temasek when our GLCs are in limbo?
When Temasek announces that Ho Ching will be retiring as its CEO last Tuesday, critics had a field day bombarding Temasek, and for good reason. Singapore already has a sovereign wealth fund “SWF” in our Government Investment Corporation “GIC” and Temasek was supposed to be just a holding company for our government assets,...
Now Myanmar Must Choose
While countries in SE Asia could still balance relations between China and the US, there was good reason for Burma's generals to share rulership with Aung San Suu Kyi. Once the US threatened everyone with sanctions and pigheadedly demanded each nation choose between America and China, of course Burma (and every other country...
The Economy Is Paying the Price for the Government’s Failure To Provide Enough Stimulus
In a few hours my old Cambridge colleague, the Finance Minister and Postponed Yet Again Seat Warmer PM-In-Waiting Heng Swee Keat, will be presenting Budget 2021. State media have been busy as usual doing their job of hoodwinking gullible Singaporeans and spreading fake news and disinformation. They have been trumpeting the Government’s...
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