Archive for the ‘Business’ Category
Singaporeans on the hook for billion$
Keppel O&M and Sembcorp Marine wrongly assumed rig building was a pow chiak business. If they weren't so aggressive in expansion, Singaporeans would have been better off. Senior management must have been well rewarded for their recklessness during the boom years. Temasek had also attempted bail out KepCorp in 2019 at $7.35...
Temasek’s 79% loss in less than 5 months
New investment record for Temasek. Phillip Ang Read More →
Creating value by making things less valuable
Sometime in April of this year, I decided to write a piece on a quote by Prince Charles, the heir to the British Throne, which was entitled “ALL THE TIME I FEEL I MUST JUSTIFYMY EXISTENCE.” I felt that the quote was post-worthy because it summed up a fact of life and the fact that a man who didn’t have to worry about money...
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