TR EMERITUS

Before we get back to analyzing the made up finances of the Singaporean government, GIC, and Temasek, I thought this would be a good place to stop and go back over what we know for a fact. 1.  The government of Singapore has an official balance sheet as of March 31, 2011 listing $705 billion SGD of assets and of that $125... 

Ms. Chua Mui Hoong’s (CMH) opinion piece  in the Sunday Times, 17 June 2012, filled up nearly half of its page 41 read - Myths in the go-slow debate – may be cutely politically correct but, to me, ultimately a disappointing discussion.  [ LINK ]. I am still, nevertheless, intrigued by her writing on this particular topic... 

Leong Sze Hian I refer to the article “Memo to CY, Singapore isn’t better off” by Jake van der Kamp (South China Morning Post, Jun 12). Negative net income balance? It states that “Singapore’s net income balance has been negative to the tune of an average of 5 per cent of GDP for the past 10 years. That big trade surplus,...