Is Temasek is a poor custodian when compared to GIC?
In its annual report released yesterday, GIC has reported that its 20 year USD-based real rate of return has fallen from 4.9% to 4.0%. Before the anti-government zealots fall over themselves with claims of incompetence, much of the fall is due to the increased inflation rate. In last year's report, the applicable long term inflation...
Singapore has lost its compassionate soul along with its kampong spirit
What has become of Singapore? Have we successfully evolved to become a society of binary minded beings, where the mind only sees Ones and Zeros in our day to day living? A neighbour of mine is in the middle of shifting out and like most of us living in high rise HDB flats, we get help from movers. By all logical thinking for...
Pritam Singh: CCS owes the public an explaination over EM Services
This is a story that should have seen the light of day earlier. TWO YEARS AGO, a complaint was made to the Competition Commission of Singapore about (EM Services), a joint venture between the HDB and Keppel Land, sparking an investigation. EM Services was found guilty of refusing to supply spare parts to third party contractors....
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