Billion-dollar ‘Wealth Added’ bonus introduced 1 year after Ho Ching joined Temasek
Ho Ching, spouse of PM Lee, became Temasek’s Executive Director in 2002. In 2003, Temasek introduced ‘Wealth Added’ (WA) bonus' (TR 2018) to increase the quantum of bonuses for senior management, amounting to billions since 2003. According to Temasek’s computation – without disclosing all assets – ‘WA’ was...
Details of 70,000 Securities Investors Association members hacked and no one knew for 5 years
The Straits Times has recently reported that data on 70,000 members of the island’s Securities Investors Association (SIA) were stolen five years ago with the association and its victims only informed about this breach last week. If the SingHealth data hack had not occurred, would this SIA breach ever see the light of...
The Minister says a degree is optional, but what is the reality?
Minister for Education Ong Ye Kung raised eyebrows recently when he said that a Singapore Prime Minister without a degree may be a matter of time and not too far off from now. Somehow it’s like saying Singapore may win the World Cup one day – the odds are that huge. This week, he again waded into the issue, calling the...
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