Norway’s sovereign wealth fund sacked entire team after record losses
From our Correspondent Norges Bank Investment Management (NBIM), which manages Europe’s largest sovereign wealth fund, named a new team of executives after a record 633 billion-krone loss last year wiped out gains from 12 years of investing Norway’s oil and gas revenue. (read article here) Norway, one of the world’s...
Anwar Ibrahim urged SDP’s young guns to continue struggle against PAP at Malaysian by-election rally
From our Correspondent The Singapore Democratic Party (SDP)'s Young Democrats were invited to observe the recently concluded by-election in Permatang Pasir, Penang by the Youth Wing of the Parti Keadilan Rakyat (PKR) which was founded by Datuk Seri Anwar Ibrahim in 1999 after his controversial sacking from the government by...
From beer to banks, Singapore Inc. expands across Asia
By Bernice Han from AFP Next time you stay in a luxury resort, buy a loaf of bread, open a bank account, sit on a massage chair, grab a sushi or sip a beer anywhere in Asia, check the company's country of origin. Chances are you are dealing with a brand based in Singapore, the affluent city-state that has broken beyond its compact...
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