
Analysing Temasek’s investment in another Chinese bank
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...

More Democracy is the Solution Not Shock Therapy
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...

Understanding The People’s Problems
There is nothing wrong for someone to look at his Central Provident Fund (CPF) statement and feel he is rich. It only sounds a bit out of place when it is made during a time of great income disparity and where workers, without the protection of a minimum wage policy, are facing both wage depression as well as a rising cost...
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