TR EMERITUS

Temasek has agreed to buy Goldman Sachs's shares in the Industrial and Commercial Bank of China (ICBC), the world's largest bank. It will buy US$2.3bn worth of ICBC shares, taking its stake to 1.3% in the bank. In an interview with Reuters at the end of March, Ho Ching's presumed successor-in-training, Temasek's head of portfolio... 

Despite Prof. Lim’s undoubtedly good intentions, the solution to wage stagnation for Singaporeans is not some central planning directive taking us back to the Soviet era. It is Singapore’s lack of democracy that is holding us back. What we need now is thoroughgoing reform of Singapore’s political institutions so that they... 

“HDB Resale Flats Hit $900,000 Mark,” screamed the front page headline in The New Paper last week. The tabloid is not a paper I would normally pick up but this story certainly got my attention as this is not the first time resale flats have hit eye-popping prices. Who can forget the five-room HDB flat in Toa Payoh that was...