Editorial « Authors « TR EMERITUS

No bond requirements for foreign scholars

A letter from an overseas Singaporean ('Foreign scholarship holder thinks that S’pore govt is stupid') has prompted much angry responses from netizens. In the letter, the overseas Singaporean in Australia was recounting a Malaysian graduate engineer who has been assigned to work under him in his company. Apparently, the Malaysian...

Private equity firm invested by GIC faces potential loss of US$1.8B

The Australian head of CVC Capital Partners, Adrian MacKenzie, has resigned, as the private equity firm faces losses of up to US$1.8 billion from its debt-funded acquisition of television network Nine Entertainment Co Pty Ltd. The acquisition of Nine Entertainment was valued at A$5.3 billion. Sources have identified Singapore...

IMF/MOF amends S’pore accumulated surplus figure after Prof Balding publishes article

In the article written by Prof Balding, 'The IMF Re-Re-Statement of Singaporean Public Finances', he revealed that the International Monetary Fund (IMF) has quietly changed its data after he wrote about IMF restating the historical Singaporean public surplus by an astounding $158 billion SGD in Jul [Link]. The IMF increased...