Is the Merdeka Generation Package a vote buying bag of benefits or a tribute?
We were told the purpose or objective of the Merdeka Generation Package (MGP) is tributary in nature to recognise the contributions of that cohort to the economic and national development of Singapore “to honour them for what they have done for Singapore.” As set out in CNA online is that: “First announced during Prime...
The PAP should not ignore adverse comments and feedback about Goh Soon Poh’s appointment
Goh Soon Poh I don't know Goh Soon Poh personally and I wish her well in her new appointment as our new Auditor-General. However, given the fact that she is the wife of Senior Minister of State Heng Chee How, I have great reservations. The Auditor General and its office (AGO) hold very important functions. Among them, the AGO...
Did Temasek lose $1.6 billion in Tanzanian investment?
In November 2013, Temasek (through newly set up Pavilion Energy) bought a 20% interest in Tanzanian Blocks 1,3 and 4 from Ophir Energy. (“Ophir in $1.3 bln deal with Temasek unit for Tanzania gas“) In August 2014, Ophir reported a US339.1 million after-tax profit reflecting “the gain on sale of a 20 per cent interest...
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