Temasek caught with pants down, not possible to promote good governance when it doesn’t have
Singapore has again become an international laughing stock with the chairman of Temasek Holdings having to lecture senior management of its portfolio companies not to engage in corrupt acts. (“Temasek Holdings companies should not cross ‘bright red line’ of corruption: Chairman“) This comes after Keppel O&M was...
Temasek CEO’s estimated remuneration at least $100 million?
If Singapore’s system is as clean as PAP makes it out to be, then it should no longer conceal information which belongs in the public domain. Of public interest is the humongous remuneration of Temasek CEO Ho Ching, spouse of PM Lee. Ho’s total annual remuneration is estimated at more than $100 million. In February 2009,...
ST trying to change its spots?
“Do taxes in Singapore really need to go up?”is the title of an article in the constructive, nation-building ST. But it looks as though it’s trying hard to no longer be constructive and nation-building. In the article, it quotes Maybank Kim Eng economist Chua Hak Bin as saying “It is quite remarkable that Singapore,...
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