PAP’s transfer of state assets at lelong prices enabled Temasek to achieve high historical returns
Temasek’s high return claims may be factual. This is because it has paid for state assets from the PAP government at lelong prices. On such asset transferred to Temasek was Post Office Savings Bank (POSB). POSB became a statutory board in 1971. Public resources in the hundreds of millions or billions must have been...
Identify well managed SMEs
In 2018, another bad yr for SMEs, I took a cheap shot at Inderjit Singh and Jack Sim because they, Tay Kheng Soon and the other usual suspects last yr came up with yet another a wish list for SMEs (See below). Nothing really new in the list. I think rather than banging their heads against the wall, asking “More money...
2018, another bad yr for SMEs
Seems our SME owners are buying properties and new Beemers and Mercedes because Singapore’s small-and-medium enterprises (SMEs) are expecting stronger sales and profits for January to June next year, as they anticipate better business conditions amid an improved economy, said a survey. When if I were them, I might want to...
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- GOOD RIDDANCE on Good Governance
- Clap on Good Governance
- Fake fake on America humiliated as Biden shunted at APEC Summit
- Law Ear on Good Governance
- Put up your money on China’s 1/4 million students rode 50km to another city for breakfast
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