TR EMERITUS

In a statement released by Temasek Holding's Chairman Lim Boon Heng yesterday (8 Jul) [Link], he announced that as at 31 March 2014, Temasek's net portfolio value was S$223 billion. "We ended the year with a net cash position, excluding a net fresh capital injection of almost S$5 billion from our shareholder as part of their... 

DPM Tharman Speaking in Parliament today (8 Jul), DPM Tharman attempted to defend the Singapore's CPF system. He reiterated that CPF members’ monies are guaranteed, regardless of the returns on investments made by GIC. Presently, GIC's long-term rate of return in real terms is 4% [Link]. Real rate of return means return over... 

Transport Minister Lui Tuck Yew During the Parliament debate yesterday (7 Jul), Transport Minister Lui Tuck Yew told Parliament that having regular fare increases is one way to ensure the financial sustainability of the new bus contracting model. Under the new bus contracting model, the government will own all bus operating...