Why Is Temasek So Massively Overexposed to Chinese Regulatory and Market Risk?
The last few days have seen a savage sell-off in Chinese tech stocks that has wiped hundreds of billions of dollars off their market capitalisation. The Hang Seng Technology Index has fallen some 24% since the date of Temasek’s year end valuation and by 43% from its peak. While there is no transparent market in pre-IPO and...
Fairprice should not pretend to be a co-operative
NTUC Fairprice has been selling ‘too many’ products at prices higher than its competitors. It is not known how Fairprice helps Singaporeans “moderate the cost of living” and “serve the needs of its members”. What Fairprice does is mark up prices to inflate the discount and make unwary customers/members...
Free Trade Agreements
I am glad the “bargaining” word is used because negotiating an FTA is such a process. You got to have something the other party wants, and you got to want something the other party has, otherwise, there’s no deal. The trick is to get as much as what you want as possible, without giving away too much of what you have. Hopefully,...
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