PAP should disclose hundreds of million$ paid to CEO and ‘volunteer’ of Temasek Holdings
The issue of transparency at Temasek and GIC needs to be addressed. Besides concealing material information on state investments, hundreds of million$ paid to top management and directors has also been concealed. The biggest paycheck probably goes to Ho Ching, Temasek CEO. Based on PAP’s principle of pegging remuneration to...
SMRT: The Instant Failure of Privatization
In Economics study, there is always a debate over the pros and cons of "Privatization" of companies providing public goods like public transport. Companies providing public goods are natural monopolies because they need economies of scale. But the downside is, it tends to be inefficient if it is under government administration....
SMRT: The cock that Khaw talks
Improving rail reliability is a “multi-year war”, said Mr Khaw, who added that calling for a leadership change with each disappointment would be a “sure strategy for failure” Hey Desmond Kuek was brought in (or “volunteered”) five years ago. So how long more will he be allowed to disappoint? Did he, when he “volunteered”...
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