GIC takes on riskier investments because of its asset mix
CPF members have been repeatedly told that GIC (and Temasek) does not take on riskier investments with our CPF and reserves. This not true. GIC has to take on higher risk because its asset mix demands a riskier approach. GIC’s assets consists of 39% of nominal bonds and cash plus inflation-linked bonds which generate miserable...
M Ravi: Arguments against the death penalty
Introduction. Before the break of dawn on Friday last, while Singaporeans were waking up for the last day of work and looking forward to a weekend of merriment, family interaction and rest, echoing that famous refrain – TGIF Thank God it’s Friday, a solitary Singaporean who didn’t sleep the whole night, was facing the...
Scholar-CEO who ran NOL into the ground likely to do the same to SPH, no one complaining
I refer to “Ng Yat Chung to replace Alan Chan as SPH CEO from Sep 1”. CNA Many Singaporeans are screaming with joy after learning that a former paper general has been appointed to head SPH because he is likely to take SPH down the same NOL path. Besides stating Ng “was previously CEO of shipping firm Neptune Orient Lines”,...
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