Advantages of a democratic and open society
By Richard Lu Dear Singaporeans, I have been reading the comments in the Temasek Review and here are some of my thoughts on democracy. Democracy exists in several shades and hues - from liberal to sinister to diabolical. Ask Robert Mugabe or Kim Jong-il. Democracy is characterized by: · "majority...
Temasek Holdings – Transparency a Perception ?
By Richard Lu Transparency International (TI) publishes an annual Corruption Perceptions Index (CPI) according to "the degree to which corruption is perceived to exist among public officials and politicians". Corruption is best described as "the abuse of entrusted power for private gain". The maximum score or index is 10...
The Singapore Government’s pay scale explained
By Tan Keng Leng Faithful readers of the Temasek Review have got one common grouse: why does a tiny country like Singapore have the highest-paid ministers in one of the most bloated cabinets in the world? To be fair, most Singaporeans don’t mind paying their cabinet ministers really high pay, provided they can deliver a double-digit...
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