I decide to look at the background of the members of the board of Temasek Holdings to see how many are truly independent. I also compare Temasek’s governance framework with the Norwegian Sovereign Wealth Fund to see how far we are following what could legitimately be called 'best practice'.
Roach Motel Or Investing for the Long-Term: You Decide What Best Describes Temasek’s Investment Strategy.
A “Roach Motel”, originally a term used to describe a cockroach trap, has become a metaphor used by hedge fund managers to describe an investment that is too large in […]
I thought a comment from someone calling themselves “Sotongmee” raised enough interesting points to merit reproduction in full in the blog together with my response. This person addresses me as “sir”. […]
Recently one of my articles, “Where Have Our Reserves Gone” (http://sonofadud.com/2012/09/07/where-have-our-reserves-gone/) was taken down by TOC without explanation. When I pushed Mr. Pillai for an explanation he said that they […]
Dear TOC, Last Thursday, I was contacted by several readers who asked me why my article “Where have our reserves gone?” had disappeared from TOC. This alone was alarming and […]
After I published this piece it was brought to my attention that the IMF have revised their figures for Singapore’s general government surplus once again for the years 2003-2010. In […]
I have highlighted articles from blog spot Article 14 previously on Rethinking the Rice Bowl. “Subra” states on his blog to be a Singaporean lecturer in law here and he clearly has the talented teacher’s skill […]
How Today Newspaper defines 'Irony' by mixing up "State Managed" and "Stage managed ". How the National CONversation is partisan PAP propaganda. How we need a Singaporean Conversation for Singaporeans, by Singaporeans- all of us!
Update:http://app.supremecourt.gov.sg/data/registrarHearing/08_17072012_OS.pdf 13. OS657/2012 KENNETH ANDREW JEYARETNAM (L F VIOLET NETTO) ATTORNEY GENERAL FOR LEAVE TO APPLY FOR A QUASHING ORDER _________________________________________________________________________________________________ The following is a transcript of a Press statement […]
Whilst I continue with my attempts to hold the MOF up to proper scrutiny, we must not forget the discrepancies in our Budget. I have decided to make the following exchange of correspondence available as a public […]
Everyone should read this blogger’s latest piece on the constitutionality of the IMF loan and his earlier blog to be found here: http://article14.blogspot.co.uk/ http://article14.blogspot.co.uk/2012/06/singapores-pledge-of-us-4-billion-to.html I am very glad that at […]
Yesterday I received confirmation from the President’s office that his permission had not been sought for our republic’s loan to the IMF. So now we know three things in addition to the recent confirmation by the President. […]
Do you love a conspiracy theory? Or do you like to say there’s no such thing as a coincidence? Monday, as you know, saw the anniversary of the Tiananmen Square […]
The nature of our small metropolis, the costs of private vehicle ownership and other factors such as convenience for elderly and physically challenged users, means that Taxis must be viewed […]
You’ll be dead before you can spend it! Singaporeans enter the 20th year of unnecessary, self -imposed austerity.
Watching the Euro-zone unravel has so far almost been like a moral fable for Singaporeans. Be honest! Who out there isn’t feeling a sense of Schadenfreude? The original Greek or […]
Olympus has been much in the news recently. Originally a camera company, these days much of its business comes from medical technology such as endoscopes and microscopes. It also gained […]