
PAP’s transfer of state assets at lelong prices enabled Temasek to achieve high historical returns
Temasek’s high return claims may be factual. This is because it has paid for state assets from the PAP government at lelong prices. On such asset transferred to Temasek was Post Office Savings Bank (POSB). POSB became a statutory board in 1971. Public resources in the hundreds of millions or billions must have been...

A Tale of Wrong Info and No Info in Parliament
From wrong info to no info, it’s a sorry tale of what takes place within the hallowed halls of Singapore’s Parliament. During the Jan 10 sitting, Transport Minister Khaw Boon Wan was giving an account to Parliament on how an MRT train ran into a stationary train at Joo Koon Station last November. He said the driver faced...

Identify well managed SMEs
In 2018, another bad yr for SMEs, I took a cheap shot at Inderjit Singh and Jack Sim because they, Tay Kheng Soon and the other usual suspects last yr came up with yet another a wish list for SMEs (See below). Nothing really new in the list. I think rather than banging their heads against the wall, asking “More money...
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