A possible bad year for Temasek Holdings
Temasek Holdings had written off US $275 million in its investment in FTX. During the past 15 years, TH had incurred large losses in some of its investments. In 2008, TH wrote off its $400 million investment in ABC Learning Centers in Australia. There were other bad investments, which raised much concern in the past. Personally,...
Should Government Land Sales Be Classified As Revenue?
The government position is a clear 'no'. It maintains that it does not profit from land sales. It asserts that when state land is disposed of at fair market value there is no addition to the Past Reserve but a conversion of one type of asset (land) to another (cash). In the Parliamentary Sitting on 7th November we were given...
Why Is Singapore Sputtering And Malfunctioning?
It is obvious from the lament of many Singaporeans that they no longer feel Singapore is as efficient as we were 30 years ago. The observations of the ordinary people should not be ignored. They offer their views and opinions unencumbered by prejudice or bias. Why then have we landed up in this sorry state? There is no malaise...
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- HDB flat also 99yr Lease on The ugly truth about buying a property in Malaysia
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- Papa PARDON Son Democracy SRFR on The ugly truth about buying a property in Malaysia
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