Temasek invests in debt-laden Hainan Airlines, in a move that analysts say is overpriced
It was reported on Sunday (10 Jun) that Hainan Airlines would sell up to 20% of its Shanghai-listed shares to raise up to RMB 7 billion (S$1.458 billion). The shares will be sold to no more than 10 investors, one of which is Temasek Fullerton Alpha, a wholly-owned subsidiary of Temasek Holdings. Trading of shares in China’s...
Our London ambassador on why Reformasi here is for the deluded
I’ve quoted a few letters from our London ambassador to the Economist showing that in return for a cushy, well, paid job, the lady has to shallow some sperm now and then. But the latest letter got it about right in terms of the PAP’s dominance of S’pore politics. And it’s funny too: Politics in Singapore Your Banyan...
Is Lim Biow Chuan a fit and proper MP?
On 6 June, Jose Raymond posted on his FB the plight of an ex convict whose application for a security officer’s licence was rejected by SPF. The ex offender was also labeled “not a fit and proper person“. In response to the FB post, PAP MP Lim Biow Chuan defended SPF’s choice of words because “that is probably...
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