Latest: NUS student dies. (Straits Times)

Excerpts from the Straits Times, “GIC bought too early”:

In an interview with Reuters on Wednesday, he said the Government of Singapore Investment Corp (GIC) had bought ‘too early’ into global banks such as Citigroup and UBS , which were both hammered by toxic assets.


He said there would be ‘no purpose’ in holding an election in Singapore before 2011, but the timing of a poll will depend on the health of the global economy.

Read the full report here.

Also: MM Lee warns Singapore’s GDP could shrink by 8% this year. (CNA)

Notify of
Inline Feedbacks
View all comments
You May Also Like

President urged to convene Constitutional Court

“Not a single clemency in the last 11 years,” lawyer for Yong…

Foreigners give back to Singapore society

There are many foreigners who, like their Singaporean counterparts, contribute to the society they live in through volunteer work.

Press release on the police questioning of Film Maker, Lynn Lee

The Online Citizen has removed this press release at the request of…

Get engaged on human rights!

Do just pay lip service to Human Rights. Get involved! Support this workshop! Maruah.