Indranee Rajah’s (IR) ugly and boorish outburst in Parliament
I believe that by now, many people must have seen the online clip of Indranee Rajah's (IR) ugly and boorish outburst in Parliament. I believe also that she must have seen that online clip herself. Leong Mun Wai's decorum and the used of his language might have fallen short of parliamentary standards but they are not fatal. He...
Expense ratios of sovereign wealth funds
I obtained these figures from ChatGPT. The ratio of management expense is about 0.06% of investment funds for Norway and Saudi Arabia. The ratios are much higher for GIC and Temasek, being 0.17% for GIC and 1.9% for Temasek. I do not know if these ratios are strictly comparable, but they appear to be high for GIC and excessively...
Oxley Road matter is essentially a private matter
I want to begin my commentary by stating categorically that I do not know Lee Hsien Yang (LHY), Lee Suet Fern (LSF) or K. Shanmugam (KS). I express my views from what I have read in the news as a citizen. KS is careful with what he says. He speaks very good and beautiful English, however, he still doesn't speak perfect English...
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