TR EMERITUS

In 2001, Naspers, a South African publisher (It published the ST for the apartheid regime) bought a stake in a lossmaking Chinese start-up in the wake of the dotcom bust for US$32m. This week it sold more than US$10bn of its shares in Tencent, the Chinese technology group, a sliver (2%age points) of a stake worth US$167bn which... 

Since Singapore’s corporate income tax rate is the lowest among Asean countries, raising government revenue by increasing corporate tax rate makes sense. But according to PAP, this will make us less competitive to the extent that higher costs will cause investors to flee, foreign investors would likely not consider Singapore... 

Singapore has again become an international laughing stock with the chairman of Temasek Holdings having to lecture senior management of its portfolio companies not to engage in corrupt acts. (“Temasek Holdings companies should not cross ‘bright red line’ of corruption: Chairman“) This comes after Keppel O&M was...