Did Temasek lose $1.6 billion in Tanzanian investment?
In November 2013, Temasek (through newly set up Pavilion Energy) bought a 20% interest in Tanzanian Blocks 1,3 and 4 from Ophir Energy. (“Ophir in $1.3 bln deal with Temasek unit for Tanzania gas“) In August 2014, Ophir reported a US339.1 million after-tax profit reflecting “the gain on sale of a 20 per cent interest...
Death Penalty – Singapore, What is Going On?
I was at the European Parliament yesterday, and in a rare occasion, felt less pride in adorning my Singapore Badge. A representative from the Council of Europe highlighted Singapore’s leading role in opposing the move by the UN General Assembly to pass a resolution to abolish or impose a moratorium on death penalty. Quite...
When can you see a retirement and what will you get?
Click to enlarge From 1955 till 1983 no minimum sum of any kind was required, and you could take out your savings at age 55 to prepare for your future retirement as you saw fit. Since the minimum sum was introduced in 1987 at a combined $36,500 (MS $30,000, Medical $6,500) it has been raised in a series of ramps to reach $233,000...
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- Middle on Scammers
- DEBT TRAP on Public Housing HDB
- Sinkiaponang on The clock is ticking
- PAP mandate strong on 7.8 magnitude earthquake devastates Tibet
- Sinkiaponang on Integrate
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