Moody’s: Temasek’s offer for Olam ‘credit negative’
One of the world's biggest rating agencies has criticised Temasek Holdings' multi-billion buyout of Olam International (Olam). Moody's Investors Service (Moody's) said the takeover bid for the beleaguered agricommodities trader is "credit negative" for Temasek. Temasek subsidiary Breedens Investments is leading a consortium...
TRE not related to FB page poking fun at missing plane
A Malaysian netizen, Celia Alphonsus, has brought to our attention an article by Malaysiakini. In her email to TR Emeritus (TRE), she has accused TRE of posting on Facebook, a spoof Malaysia Airlines website which appears to poke fun at the airline’s missing flight MH370. She wrote: Here's what we think of your tasteless...
S’pore ranks 5th in global Crony-Capitalism Index 2014
The countries where politically connected businessmen are most likely to prosper Singapore ranks fifth in The Economist’s Crony-Capitalism Index 2014 after Hong Kong, Russia, Malaysia and Ukraine: For Singapore, the collective wealth of billionaires who have benefited from crony sectors make up just above 15% of Singapore's...
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