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...
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...
What is next in economic policy rethinking?
Global economy turned amber this week. Uneven economic data emanating from the US point its frail recovery, Europe erupted again in sovereign debt worries, China is slowing a little as copper, and the “PHD” forecaster of economic barometer says global economy is sliding into a slow patch. Japan is in recession now absorbing...
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