News reports today in the State Times and other Government media said that at least six former executives of Keppel Corp have been arrested by CPIB in connection with the […]
I read with amusement the letter written to the State Times by one Francis Cheng arguing that Singapore MNCs should be allowed to pay bribes as otherwise foreign competitors will […]
Quietly over Christmas the US Justice Department announced that it had reached a deferred prosecution agreement with Keppel Offshore and Marine. Under the agreement Keppel O & M, a unit […]
Tommy Koh says that Singapore inherited from the British an intolerance for nepotism and giving gifts to public officials. Really?
Well done Tommy Koh (who was a friend of my parents in the 1960s) for pointing out that Singapore has a long history as a strategic hub long before the […]
Historically it has always been a bragging point of the PAP Government that the Prime Minister and his colleagues do not have a special aircraft or fleet reserved for their […]
This morning I was greeted by the heartwarming news that another Singaporean had become a billionaire, this time the CEO and founder of Razer Inc., which makes video gaming accessories. […]
All these people apparently So Stun Like Vegetable by something I didn't say and something I didn't do. It's astounding how many people online believe in something that is quite simply untrue.
(Twitter) Storm in a Tea Cup. Or, How Andrew Loh and other Petty minds Politicised over the PM’s Health.
“With regards to an earlier posting I made…..” This is how Andrew Loh sometime founder/leader/editor of socio-political website TOC, now in hot water for taking foreign funding, started his written […]
The Panama Papers is a massive leak of files from the Panamanian law firm Mossack Fonseca, engineered by the International Consortium of Investigative Journalists.(ICIJ) Names and identities released so far include, like the proverbial bad […]
Singapore’s High Ranking on the Heritage Foundation Index Has More to do with US Politics Than with How Free Singapore Actually Is
A few days ago the State Times published an article entitled “Singapore still 2nd freest economy in the world but gap with top-ranked Hong Kong widens“. The Heritage Foundation, a […]
Temasek’s Portfolio is Probably Down 20% Already and the Chinese Stock Market Rout May Just Be Getting Started
Back in July last year I did some rather basic analysis of Temasek’s results for the year ended 31 March 2015 and for the performance of its portfolio since then […]
CMA CGM, a major global shipping company based in France, today announced that it had agreed to acquire Temasek’s 67% stake in NOL at a price of S$1.30 per […]
Our Natural Aristocrats’ Sense of Entitlement Is Now so Deeply Ingrained That They Can No Longer Distinguish Right fromWrong
I have already written about Lee Hsien Loong’s sense of entitlement having become so outsize that he is unable to distinguish between state property and his own. This was clearly […]
The PAP Government Risks a Deepening Slump Unless They Heed the Reform Party’s Advice and Implement Stimulus Measures We Advocated in 2014
New press release by the Reform Party: The advance estimate for GDP for the second quarter of 2015 came out yesterday. The numbers were much worse than analysts had expected […]
There was a palpable sense of self-congratulation in Temasek’s announcement of its latest results a few days ago. Taken at face value, Temasek’s latest results for the year to 31 […]
On Sunday Greece’s voters overwhelmingly rejected the latest terms offered to them by their Eurozone creditors for rescheduling their huge debt mountain. With Greece’s debt to GDP ratio at 170% […]