Monthly Archives: March 2023

https://www.vccircle.com/nazara-to-raise-42-mn-from… https://www.equitypandit.com/nazara-tech-shares-plunge-7…/

https://www.vccircle.com/nazara-to-raise-42-mn-from… https://www.equitypandit.com/nazara-tech-shares-plunge-7…/ GIC and Temasek may not have direct exposure to SVB but numerous investments have been impacted by SVB’s collapse.

As more evidence emerged, we now know that we have been had by Dr Fauci and gang. According to Fox News, the Covid-19 scandal “is the biggest scandal in American history”. Govts all over the world have let down their … Continue reading →

The PAP govt has been trading off Singaporean jobs for investments in India after the signing of CECA in the belief that there’s easy money to be made by GLCs.

Both GIC and Temasek were bullish on Indian startups near the top of the stock market bubble! Errr … were GIC and Temasek expecting low interest rates to stay low forever? https://www.straitstimes.com/…/silicon-valley-bank… https://www.business-standard.com/…/temasek-bullish-on… https://timesofindia.indiatimes.com/…/arti…/84454474.cms

With investment returns badly hit, Singaporeans should expect our ‘caring’ govt to find ways to generate revenue by increasing healthcare costs/MediShield insurance premiums, S&CC, etc. https://www.investmentmagazine.com.au/…/falling…/ https://www.asianinvestor.net/…/gic-temasek…/482742 https://www.straitstimes.com/…/singapores-gic-set-to… https://www.cnbc.com/…/norways-sovereign-wealth-fund… https://www.barrons.com/…/norway-s-sovereign-wealth…

https://www.businesstimes.com.sg/…/mindchamps-set… https://www.reuters.com/article/abc-idUSSYD8022320080228 https://en.wikipedia.org/wiki/ABC_Learning https://www.asiasentinel.com/…/singapores-temasek… Temasek’s JV with MindChamps doesn’t appear to be going well.

Singaporeans should rest easy as this is one of Temasek’s smallest crypto-related losses. What is worrying is the liquidation of an investment in less than a year. https://www.cnbc.com/…/silvergate-shutting-down… https://www.facebook.com/photo.php?fbid=3586586611568519&set=pb.100006516457547.-2207520000.&type=3 https://13f.info/manager/0001021944/cusip/82837P408

Most Singaporeans have been buried by propaganda and don’t even realise they have been scammed by CPF Board. Many could have retired very comfortably if CPF returns have not been pegged to short-term rates using a flawed formula. If CPF … Continue reading →

The Singapore government’s current borrowing cost (10-year bond) exceeds 3.3%; much higher than the CPF OA rate of 2.5%. Why should an exception be made for the PAP government to borrow from CPF members at a much lower rate (non-market, … Continue reading →