PAP must be upfront with CPF members on GIC’s investment losses
As CPF Board continues to embark on new propaganda measures to channel more funds to GIC, CPF members would do well to think very carefully and demand for more transparency before parting with their cash/topping up parents’ CPF accounts. According to a trusted source – SWFI – GIC appears to have lost tens of billions...
Shen Zhen Metro
Shen Zhen Metro Just visited Shenzhen (GuangDong, China) again recently and it always amazed me whenever I went over there from Hong Kong. There are two things which always amazed me.... The efficiency of clearing custom and the MTR system in Shenzhen. There are two crossing points along the border of HK and Shenzhen. The...
Temasek’s US$1 billion investment in 2007 = US$1 billion in 2017?
I refer to “Temasek is said to plan S$1.35 billion (US$1 billion) stake sale in Asian drug distributor“. The Bloomberg article told readers nothing about Temasek’s performance. Of interest to Singaporeans would be Temasek’s profit/loss. After a quick search on the internet, I discovered another related article on the...
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