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Archive for the ‘Business’ Category
Is our financial fate in good hands?

Is our financial fate in good hands?

Extract from this telling article by Reform Party chief, Kenneth Jeyaretnum. “Temasek’s results were announced on 9 July and they were not a pretty picture. While the Board claimed a 1.5% return for the year to 31 March 2019 this was only after translation into depreciating Singapore dollars. In US$ terms the portfolio... 

Will mountain of US$26 trillion Chinese debt come crashing down on Temasek?

Will mountain of US$26 trillion Chinese debt come crashing down on Temasek?

  Phillip Ang * The author blogs at LikeDatOsoCanMeh.      Read More →

Irresponsible that the PAP government allowed strategic Hyflux to fall into the hands of foreigners

Irresponsible that the PAP government allowed strategic Hyflux to fall into the hands of foreigners

Hyflux and its creditors can finally heave a sigh of relief. Under a deal with Utico (a utility company from the United Arab Emirates), Hyflux will give up an 88% stake to the latter in exchange for S$585 million. This would give it a much needed financial lifeline that will enable it to continue its operations. Tuaspring is... 



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