Eircom: Another unwise investment?
Beleaguered Irish telecoms giant Eircom, which is owned by Singapore Technologies Telemedia, is sitting on a mountain of debt Singapore Technologies Telemedia (STT), a subsidiary of sovereign wealth fund Temasek Holdings, must make a tough decision on beleaguered Irish telecoms giant Eircom. According to The Irish Times, an...
If our economy ever falters, that is the end of Singapore
Dear readers, A colleague of mine showed me this link http://www.youtube.com/watch?v=wwGF8MV4nSo about parliamentary debates on ministerial salaries some years back. LKY's point then was that Singapore's trade is three and a half times its GDP, higher than that of Hong Kong's and much higher than those of Denmark's, Switzerland's...
A Referendum on the Ministerial Pay
There is a general trend of opinion that the Special Committee appointed by PM Lee Hsien Loong to review ministerial salaries may not meet the people's desire for a meaningful cut of the whopping ministers' pay. The composition of the Committee does not exude the kind of confidence that it will really go to the root of the problem...
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