How we fund our SWFs
This piece is an attempt to answer, “If Singaporeans are not “hard-driving and hard-striving”, where did GIC and Temasek get so much money to lose?”: a posting on a Temasek Review article in late 2009. The answer parroted mindlessly by the government is that government budget surpluses mean that GIC and Temasek get...
Healthcare cost and Singapore’s medical hub aspiration
There is one reason why Peter Lim, Singapore's most astute investor, has offered to takeover Thomson Hospital at a huge premium (62%) over market price of the company traded on the stock exchange of Singapore[Link]. It is the same reason why an Indian company Fortis and Malaysian Khazana were fighting over Parkway Holdings[Link]...
Both boon and bane
Singapore is striving to change itself into a metropolis, a meeting place for wealth and talent, but the flourishing life also comes with the high cost structure of global cities. WHEN the government recently launched a dating campaign for young singles, it received an earful that maybe it was holding the wrong end of the stick. A...
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