TR EMERITUS

Temasek’s FY2018 annual report disclosed in footnotes Wealth Added (WA) bonuses paid for a single investment: Alibaba. With a market value of US$6.7 billion in Q2, Alibaba is Temasek’s biggest US-listed investment. Temasek was reported to have made US$300 million after divesting 7.3 million shares in Q4 2014.  Subsequently,... 

This is the prevailing sentiment for many Singaporeans. Regimes and ruling parties are in control as long as the majority of people think along that line. It’s when they start veering away from concern about bread and butter to resentment over injustice, inequality and lack of human dignity that upheaval and revolution take... 

PAP knows how to make yr money its money and make you grateful for it spending money on you. Those were my tots when I read Dr Paul Tambyah: [t]he PAP’s ability to mobilise state resources in other ways is “very, very difficult to try to go up against”, he says. “During my first clinic session after the election,...