GIC takes “undisclosed” loss on UBS?
I refer to the article “GIC pares stake in UBS at a loss; combined strategy with Citigroup sees positive return” (Straits Times, May 16). It states that “GIC, Singapore’s sovereign wealth fund, which invested in UBS to support it during the 2008/09 global financial crisis, said it has cut its stake in the bank at a loss,...
What Singapore can learn from Harvard Business School?
I refer to the article “A confidential memorandum to the senior faculty of Harvard Business School” (The Economist, May 6). It states that “YOU will all be aware that a book has just been published about our institution, Harvard Business School (HBS). Entitled “The Golden Passport”, by Duff McDonald, it makes a number...
Singaporeans gaslighted by the PAP
There's something I want to tell everyone. You're being gaslighted by the PAP. Getting a degree gets you a pay level that's supposed to be acceptable, but now it's no longer so. The truth is there're not enough jobs to go around for degree grads who are expecting degree level pay, even entry pay like 3k a month. So the government...
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