THE portfolio of Singapore’s sovereign wealth fund GIC has fallen about 25 per cent from its peak due to the financial crisis, but it can weather the storm for 10 years if necessary, said Minister Mentor Lee Kuan Yew.

Straits Times

Notify of
Inline Feedbacks
View all comments
You May Also Like

Gazetting of MARUAH as political association ‘politicizes human rights’, says MARUAH chairperson.

“Human rights are universal and inalienable, and should not be hijacked by…

Goodbye, Abu Sama

“This tiny man who dared stand up to his awful bosses.” Lynn Lee.

Blood, sweat and tears

Al Jazeera looks at exploitation of migrant workers in the Middle East.

US Presidential Debate

US Presidential candidates Barack Obama and John McCain face off in the first presidential debate in Mississippi on September 26.