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...
Reasons for Raising Tax
At this moment, there are only two main reasons I can see for PAP's intention to raise tax. One, the unreliable investment returns from Temasek Holdings and GIC due to their past risky bets made in 2008 financial crisis. At most half of the investment returns from our SWF could be put into PAP government's annual budget. However,...
Why Jolovan Wham kanna whack?
Wham was charged with seven charges by the Attorney-General’s Chambers which include three counts of organizing a public assembly without a police permit and one count of vandalism for sticking two A-4 paper on a MRT train. Details: [ LINK ] “Wham is recalcitrant and has repeatedly shown blatant disregard for the law,...
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