Entries Tagged as ‘economics’

June 3, 2009

Temasek Holdings scores with Barclays!

I’m very sure everyone associates Barclays with the English Premiership. It proved to be a lucrative partnership for the Premiership and a fantastic advertising campaign for Barclays.
However, such sweet gains did not extend to generous and kind-looking Ho Ching of Temasek Holdings.
Reuters reports:
LONDON, June 3 (Reuters) – Singapore state investor Temasek sold its stake [...]

May 15, 2009

long term = 3 months.

Sharp Lucky Tan has spotted this news on Bloomberg.
May 15 (Bloomberg) — Temasek Holdings Pte sold its 3.8 percent stake in Bank of America Corp. at a loss that may total $4.6 billion, as the Singapore state-owned fund shifts bets from Wall Street to emerging markets.
Hey Minister Mentor God Lee, where’s the long term you [...]

May 12, 2009

Upskill, reskill, Multi-skill, Mr Lim Swee Say replies

Just before Labour Day, Mr Lim gave an interview in which he pointed out several points of interest to me. I took the liberty to email my friendly Labour Chief, and amazingly, he replied pretty quickly, as quick as you can say “Mas Selamat”.. I must say this spells “DEDICATION”.
Here is the full email exchange. [...]

April 16, 2009

Surprise! Singapore works with countries serious about knowledge transfer

According to the ever-venerable and forever right Minister Mentor God Lee who is busy schmoozing with his counterparts helping Singapore create new industrial parks in Vietnam,
Singapore will assess a country’s ability to absorb the transfer of ideas and knowledge before deciding whether to collaborate with the country on joint projects.
Surprise! Let’s read more.
He said [...]

April 12, 2009

senile old man.

When one needs proof that time and tide wait for no man, one has only to look at the only founder of Singapore, Lee Kuan Yew. At a ripe old age of 86, when one should be enjoying life, our old man is sprouting rubbish and antagonizing our neighbours while making a fool of himself, [...]

March 11, 2009

The Myth of the PAP Singapore’s Miracle part II

Part I is here.
Many people argued that PAP created the environment that led to the boost in manufacturing sector. Let’s see. During the same period that Singapore experienced tremendous growth, countries such as South Korea and Hong Kong grew even faster than us, without a PAP in charge. It was really a no-brainer to leverage [...]

March 5, 2009

The Myth of the PAP Singapore’s Miracle

All of us have been brought up believing that modern-day Singapore is nothing less than a miracle. A tiny dot that became one of the world’s most prosperous nations. After all, what did little Singapore have? We have no oil, no water, no gold and little land. We seemed doomed after Malaysia kicked us out [...]

March 4, 2009

The Houdini of Predictions

Just when I remarked yesterday that Minister Mentor God Lee Kuan Yew disappeared, he pops up like a jack in the box today. Let’s hear the Oracle of Singapore’s gems of wisdom once again.
In an interview with Reuters on Wednesday, he said the Government of Singapore Investment Corp (GIC) had bought ‘too early’ into global [...]

March 4, 2009

Silence is Golden for the disappearing Minister Mentor God

Did anyone realise that we have never heard from our Minister Mentor God Lee Kuan Yew since the recent developments in the saga between Citibank and Government Investment Corp, Singapore?
For those out in the cold on Citibank and GIC, and still believes GIC is holding onto part of a exciting and un-paralled banking franchise that [...]

February 23, 2009

nationalised already, still will have long term not?

Dearest Minister Mentor God Lee Kuan Yew,
In such dark times, I am writing to you in search of some form of sage advice. You must know the cure to all these problems that has befell Singapore since you single-handledly built Singapore from Third World to First, and that you are without doubt, the longest ever [...]