Temasek: We invest in shares for higher long-term returns
We thank Mr Kong Pih Shu for his letter (“Is it wise to use Temasek’s expected earnings for govt revenue?”, Feb 25) and would like to assure him on a few points. First, the Net Investment Returns (NIR) framework does not affect Temasek’s approach to investment. Our investment strategy remains unchanged and we will continue...
ST reporter wants S’poreans to accept life of mediocrity
Every stable well developed first world country will have one common characteristic, a large and strong middle class. A strong middle class is the basic building block of a mature and developed economy and society. A strong middle class provides the consumption as well as the inputs needed to drive and sustain a country’s...
SG has become ‘crazy’ – FTs, malls, airports, condos, etc.
More and more shopping malls are springing up all over the place but they will end up competing and killing each other. Those property companies will be in hot water soon. Why ? 1. Singaporeans are earning less due to stiff competition from foreigners. Essentials come first so there is less money left to splurge on pampering...
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