Temasek fears transparency
Temasek fears transparency because there are many investments with losses similar to SQZ Biotechnologies. Losses have mostly gone unreported and Singaporeans have been hoodwinked by MSM into thinking we have a 'Warren Buffet' running Temasek. Phillip Ang Read More →
Governing officials with strict discipline
Quotes from XJP's book - Governing officials with strict discipline To govern the country, the CPC must first be governed; to govern the CPC, the officials must first be governed. Once the political platform is set, officials become the decisive factor. No fatal problems will arise as long as the officials perform their duties. The...
Developing countries can mobilize internal savings
Many developing countries need funds for their economic development. They issue bonds in US dollar in the international markets. When the US dollar rises, as has happened in 2022, the developing countries find it costly to repay the borrowings. Some have defaulted in the process. Many developing countries have the means to mobilize...
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