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Category Archives: FINANCE
Singaporeans pay the price for GLCs’ billion-dollar bets on high oil prices
Posted in FINANCE
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2020 May FB posts: Covid-19, GIC, reserves, CPF, Temasek, SIA, SPH, Kepcorp, Sembmarine, etc
Posted in CPF, FB IMAGES, FINANCE, GIC, MISC, POLITICS, TEMASEK, TOWN COUNCIL
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Spending estimated, unearned returns under NIR framework = Spending our children’s future
PAP has been tweaking too many legislations in the hope that Singaporeans will be confused and give up questioning. It’s about time we sit up and scrutinize PAP, eg the NIR framework. MOF: “Prior to FY2009, there was only the … Continue reading
Posted in FINANCE
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Singaporeans taken for another ride: Imprudent spending = Prudent spending
Singaporeans should be wary of tweaks to legislations with regard to state finance. So long as GIC’s and Temasek’s books are off limits to everyone except a handful of ministers and PAP elites, Singaporeans will never know the true state of … Continue reading
Posted in FINANCE, GIC, POLITICS, TEMASEK
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Stock market poised for sharp correction?
Technical indicators on the STI chart have been diverging for an extended period. Caution is warranted, especially for short-term traders. STI rally is also largely driven by DBS, OCBC and UOB which appear to be running out of steam. DBS … Continue reading
Posted in FINANCE
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20160420 Budget 2016: the deception continues (2)
With reference to my post “Budget 2016: the deception continues” and PAP’s recent ‘clarification’ “Why are some revenues not included in the Budget Statement”. PAP: “…Land sales form part of Singapore’s Past Reserves, which are invested”. PAP should not continue … Continue reading
Posted in FINANCE
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