TR EMERITUS

Temasek appears to be as desperate as PAP to raise funds. (Temasek unit to open private equity door for retail investors). The sources of funds for private equity firms are usually wealthy/institutional investors such as pension funds.  It is strange for Temasek to turn to retail investors, ie Ah Kow and Ahmad in the street. To... 

As I visited Giant, ShenSiong, NTUC and even wet markets, I discovered almost more than 80% are foreigners. Recently, I found market stalls hiring locals for many years have laid off locals and replaced them with foreigners. I went to Sim Lim, almost all are foreigners from Philippines, China, India and Malaysia. No wonder,... 

The constructive nation-building ST reported that an SMRT executive, a Mr Kek, was arrested for drink driving. A former Chief Engineer Officer with the SAF, Mr Alvin Kek, is SMRT Trains chief operations officer (rail). Alvin Kek was previously SMRT’s senior vice president for rail operations (North South East West Lines). New...