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Temasek Holdings’ Letter to Temasek Review

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The following letter was sent by the Senior Managing Director and Head of Strategic Relations Mr Goh Yong Siang, Head of Strategic Relations to Dr Joseph Ong Chor Teck. A New Paper report on 9 October 2010 fingered Dr Ong as the founder of Temasek Review.

Dear Dr Ong,

The 9 October 2010 edition of The New Paper reported that you informed the police that you are the founder of the so-called “Temasek Review” website.

The purpose of this letter is to request, if you are the founder of the website, that the website stops using the good name of “Temasek Review” and that its name be changed.

As is well known, Temasek Holdings (Private) Limited (“Temasek”) has been using the name “Temasek Review” for our annual performance review reports since 2004. Electronic versions of the Temasek Review reports also appear on our company website. The Temasek Review is meant for Temasek to share and review our performance annually with our Singapore as well as international stakeholders. The name “Temasek Review” has become well known and is indisputably associated with Temasek.

It also appears from the report that sometime in 2009, a decision was made to change the name of the website from “The Wayang Party” to the “The Temasek Review”.

According to the website, its aim is “To provide space for columnists and reader comments from across the political spectrum to foster, facilitate and promote serious debate and discourse ….” and to provide “coverage on socio-political affairs of Singapore.” 

Temasek has no issue with the desire to foster and facilitate serious debate and discourse and to provide news of socio-political affairs of Singapore. That is the right of every Singaporean.

However, it appears that this has been done by capitalizing on the good will and reputation of our “Temasek Review” for the website in place of its original name. This is misleading and irresponsible.

The website also claims that its editorial position is based, among other things, ” on the principles of transparency, accountability and responsibility…”.

It should live up to its own words and do the responsible thing to change the name of the website, and not misuse “Temasek Review” for the website.

Thank you.

Sincerely,

Goh Yong Siang
Senior Managing Director
Head, Strategic Relations
Temasek Holdings Pte Ltd

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