Temasek’s net portfolio hits $266B, Lim pays LKY tribute
Temasek Chairman Lim Boon Heng Temasek Holdings announced today (7 Jul) one of its best performances for the financial year ending 31 March 2015, when its net portfolio value rose $43 billion (19%) to a record $266 billion. Its net profit for the year was $14.5 billion, up from $11 billion the year before. In his message [Link],...
Responding to questions on Singaporean finances
Dr Christopher Balding I was sent a couple of emails by people asking me to clarify some issues. I have tried to directly address these issues and answer bigger questions from the Singapore government website “Factually”. If there are other questions, I am more than happy to try and respond as I release information. What...
The largest financial discrepancies in history ever!
Dr Christopher Balding Singapore public finances contain the largest unexplained financial discrepancies in human history. That may sound like a grandiose rhetorical bombast, but it is a completely and entirely accurate description of existing data. Using nothing more complex than addition, subtraction, compounding interest,...
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