There was a palpable sense of self-congratulation in Temasek’s announcement of its latest results a few days ago. Taken at face value, Temasek’s latest results for the year to 31 […]
Temasek's answer to the public via the ST forum is economical with the truth to say the least. CPF may be invested elsewhere and not directly into Temasek or vice -versa but it all comes from the same pot which is government capital or surpluses.
Last week I pointed out * that it made no sense for Temasek to pay a huge premium for Olam’s equity when Olam’s short-term debt refinancing was likely to be problematical, […]
My suspicions were raised yesterday by the news that Temasek has put up $2.1 billion dollars to buy out any remaining shares they do not already own in Singaporean commodities […]
In my last blog post (see here) I pointed out that since 2009 I have advocated the privatization of Temasek and GIC and the distribution of shares to Singapore citizens. […]
The question of the transparency and proper accounting of our reserves has been a primary concern of mine for some time, in fact ever since 2009. A major theme has […]
Roach Motel Or Investing for the Long-Term: You Decide What Best Describes Temasek’s Investment Strategy.
A “Roach Motel”, originally a term used to describe a cockroach trap, has become a metaphor used by hedge fund managers to describe an investment that is too large in […]
Recently Chesapeake Energy, the second biggest US gas producer, has been much in the news. The company has been having cash flow problems since the CEO, Aubrey McClendon, took a […]
Today PM Lee posted a letter he had received, ostensibly from an expatriate family on his Facebook page. The family thanked him for their three years in Singapore and said […]
Where I rain on your parade Singaporeans have been excited by the recent publication of the AGO report which seems to have uncovered some significant lapses. I am sorry to rain […]