While Norway insists on transparency, our Familee-managed SWFs prefer the fishing in muddy waters
Yesterday the Financial Times reported that Norway’s Finance Ministry had forbidden its sovereign wealth fund (SWF) from investing in private equity. In the article the Norwegian Finance Minister said that “Private […]
Retired Superman Goh Doesn’t Tell The Full Story When It Comes to Trade
After being told to shut up by Lee Hsien Loong and reminded that he is just an old age pensioner with no power (for criticising LHL’s slowness to fix a […]
Dear White (Racist UK Leave) People. Everything you think you know about Singapore is wrong.
On Sunday morning in the UK on a weekly BBC TV show about politics a British Conservative politician came out with an astounding figure for Singapore’s trade. He was intending […]
We Know It’s Budget Time When State Media Put Up An Unsympathetic Family to Trick You Into Thinking PAP Government Can’t Do More
It is Budget time again and part of our good old PAP-controlled state media’s job is to prepare Singaporeans not to expect too much from their government. Then, when the […]
Former Keppel O & M Employees Arrested But As Usual PAP Connected Executives Are Left Untouched
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 […]
Staying Clean Not A Simple Matter in Some Countries
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 […]
A Shocking Window Into The Institutional Corruption That Pervades Singapore Inc
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 […]
The Mystery of PM Lee’s Use of ST Aerospace’s Business Jets
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 […]
Lee Hsien Yang’s Investment Prowess Induces A Strong Sense of Deja Vu
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. […]
Brainfreeze, Brainstorming and So Stun like Vegetable
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 […]
Keeping It Under Your Hat -The Panama Papers
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 […]
NOL: Another Case of Value Destruction by Our Natural Aristocracy
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 […]
