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 […]
On March 28 Uber announced it had sold its operations in South-East Asia to rival Grab in return for a 27% stake in Grab. This has been followed by an […]
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 […]
Yesterday I wrote about how Chan Chun Sing had patronised Singaporeans by giving them the benefit of his Cambridge Economics education by explaining that if you spent a dollar from […]
Let no one be in doubt as to the intellectual qualities of PAP’s 4th Generation Leadership! This was confirmed to me today when I read BG Chan Chun Sing’s (who […]
Just as you would not be able to judge the financial soundness of a company by looking at its income statement but would need to see its balance sheet (and […]
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 […]
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 […]
A couple of days ago GIC announced that they had sold almost half their stake in UBS, cutting their shareholding from 5.1% to 2.7% and at the same time ceasing […]
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 […]
I have repeatedly pointed out over the last five years that lack of competition and monopoly in political life has the same dire consequences that it has in business. Today […]
Since 2012 I have pointed out, repeatedly, that the Singapore Budget presentation gives a deeply misleading picture of the Government’s finances. I have written innumerable times on how the Budget does […]
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 […]
Budget Day, which has been postponed to March 24 this year without a reason being given (perhaps to coincide with the anniversary of LKY’s death) will soon be upon us. The […]