How many unfair treaties has Singapore signed?
Not surprisingly, the Americans are outpacing the Chinese when it comes to buying properties in Singapore. According to Ms Christine Sun, OrangeTee & Tie’s senior vice-president of research and analytics, “Mainland Chinese were the largest group of foreign buyers in Singapore from 2017 to 2022 and in the first quarter...
A ceremonial or active president?
Many people accept the narrative that the elected president's role is largely ceremonial. I disagree. The president has two important duties set out in the constitution, namely to safeguard the past reserves and to approve key appointments of senior public officers. The president can use these powers to influence the policies...
Hit by $7.3b loss, Temasek turns out the light on its financial statements
Santiago Principles is the generally accepted principles and practices (GAPP) that relate to the operation of sovereign wealth funds. Temasek has always boasted it maintains standards higher than Santiago. Well, it cannot say that anymore as far as financial statements are concerned. There is no audited statutory financial statements...
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