Home » Posts tagged with "reserves"
Posts tagged with "reserves"
GIC losses – foreign media more important than Parliament?
Mar. 16 | Leong Sze Hian The reply in parliament last month, to the question on GIC’s losses, was that it was “substantially lower” because of its more conservative lower risk portfolio. The actual loss amount was not revealed. It was only three weeks later,...
S$4.9 billion approved!
Mar. 13 | The Council of Presidential Advisers has deliberated on the matter and advised me to approve this draw on past reserves. President Nathan
Losses but not “indisreputable”
Feb. 26 | This is not a disreputable record. The PM’s press secretary, on Temasek and the GIC’s performance
What the Temasek debacle reveals
Feb. 25 | Aloysius Foo A Temasek wrapped up in a mystery within the abyss of the Singapore economy Public displeasure should be directed correctly, for it to be effective. The recent revelation, that Temasek Holdings has lost 31 percent of its net portfolio value...
Reserves – more or less?
Feb. 23 | Notice: The organisers of the “Our Thoughts are Free” book launch has kindly requested that the announcement be removed from TOC. More details will be given at a later date. Leong Sze Hian Why can’t GIC’s losses be revealed like Temasek’s? I...
Blog Feature: Make it compulsory for President to make public his decisions
Feb. 19 | Today’s Blog Feature is from Gerald Giam, “Greater transparency needed for Presidential decisions”, on President Nathan approving the government’s draw on the reserves. Here are excerpts from Gerald’s post: Firstly, the President should be required...
No more 56-man years to know reserves
Feb. 18 | Straits Times: When you made the decision, did you have the information on like how big our reserves, how much of a draw this would be on the reserves…? President Nathan: Of course I have. Of course I have. Straits Times, 18 Feb 2009
Your money at work and the curious disappearing acts of the prime minister
Feb. 18 | Latest: The Government Gazette has revealed that changes have been made to polling districts. Such changes are part of the steps that need to be taken ahead of a General Election. (Straits Times) Andrew Loh “This is your money. You have a right...
Explanations were not called for
Feb. 18 | It would be presumptuous on my part to go forward and start to give explanations when explanations were not called for. President SR Nathan, when asked if he could have held the press conference before the start of the Budget debate (Straits Times,...
President Ong’s interview with Asiaweek – revisited
Feb. 18 | In light of President Nathan’s press conference where he explained why he approved the government’s request to use the reserves, we re-publish former President Ong Teng Cheong’s interview with AsiaWeek (10 March 2000) where he revealed the obstacles...
“My loyalty is, first and foremost, to the people of Singapore”
Feb. 18 | Jason Lee Watch the video of President Nathan’s press conference at the Istana below. An Elected President can do more to protect our interests – regardless of whether he is an executive or non-executive president. I became worried when I first...
President breaks silence on unlocking reserves
Feb. 17 | President Nathan says that “the process of seeking and securing my in-principle approval took approximately 11 days from the time the matter was first broached.” Calling the process a “rigorous one”, he said his approval was given on 21 January,...
