TR EMERITUS

Prof Lim Chong Yah Two misconceptions of ER I Permit me to clear up two fallacies on Economic Restructuring I (ER I), now euphemistically termed Shock Therapy I (1979-81). One is that some learned and responsible opinion claimed that ER I was not successful. Official statistics show that Singapore had an average of 6.4-per-cent... 

如果深一层的看待林崇椰的“二次经济重组”建议，在字里行间，我们看到的是过去十几年来，行动党政府有计划的利用生产力作为借口，有计划的压低低薪工友的薪金。因为和国外（香港，日本，澳大利亚）同行相比，我们工友的薪金竟然比他们的工友少拿了50%的收入，即使建议中的连续三年加薪，这些工友还是少拿50%。（见下） 这难道是一个有良心的政府，所应该做的事情吗？这难道是一个为人民而行动的政党所应该做的事情吗？它的良心跑到哪里，它的行动为谁而动，看来是被钱吃掉，为... 

Temasek has agreed to buy Goldman Sachs's shares in the Industrial and Commercial Bank of China (ICBC), the world's largest bank. It will buy US$2.3bn worth of ICBC shares, taking its stake to 1.3% in the bank. In an interview with Reuters at the end of March, Ho Ching's presumed successor-in-training, Temasek's head of portfolio...