When the Government and its Ministers and Wives Are in Business, Business Comes First Not Consumers
State-owned ( but actually Ho Ching-controlled) CNA reported yesterday on a new Bill (the Point-to-Point (P2P) Passenger Transport Industry Bill) tabled in Parliament to regulate the private car-hire industry. I was immediately struck by a sentence near the end of the report which said that LTA intended to regulate not only...
Is the mainstream media trying to sensationalize Temasek’s performance?
When Temasek releases its latest “Summary Reporting”, I find the various reports from our mainstream media very confusing. With headline that screams “Temasek’s net portfolio value hits record high for third year running”, one would expect its returns on investment to be doing well too. Interestingly, its latest Total...
Cry for Richard Li
He sold too soon a huge stake in Tencent. From an FT reader commenting on an article on Richard Li who is now in the biz of building a major Asian life insurer (FWD) to challenge the likes of AIA. (Btw, his insurtech, subset of fintech, biz is based here.) Richard Li never made it as a tech investor. But he came tantalizingly...
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