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Tag: GIC

What is the Real Surplus?

It appears that our Budget Cash Surplus has fallen off a cliff.  The Budget Cash Surplus for FY2012,  which was shown as  $36.1 billion a year ago, is now stated […]

Should the PM Resign?

Recently a petition has been circulated online calling on the PM to resign over the remarks he made at a community event in AMK. The particularly offensive lines were, “Singaporeans, new arrivals, […]

Temasek Loses the Plot

Last week I pointed out * that it made no sense for Temasek to pay a huge premium for Olam’s equity when Olam’s short-term debt refinancing was likely to be problematical, […]

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