Daily Archives: 2018-09-15

Temasek loses at least S$1.2b in 5 months for betting on Bayer

It was reported in Apr this year that German drugmaker Bayer sold 3.6 per cent stake to Singapore’s Temasek Holdings for 3 billion euros at 96.77 euros per share. The money is used as part of Bayer’s plan in a $62.5 billion takeover of seed maker Monsanto. Together with its existing holding in Bayer, Temasek would own about 4 percent …

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Kopitiam Boss goes for the kill to win at all costs

Recently, there have been online controversies over allowing so-called “social enterprise” operators by the government to manage the newly built public hawker centres. Many netizens have pointed out that many of these so-called “social enterprise” operators are nothing more than profit-oriented food court corporations operating under the guise of “fulfilling social responsibility”. Indeed, many of these “social enterprise” operators are …

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“Some deals” during Najib administration “suspect,” but more important for Malaysia and Singapore to “move beyond” water issue and HSR now: Anwar Ibrahim

President-elect of the Parti Keadilan Rakyat (People’s Justice Party) Anwar Ibrahim has expressed his view that it is crucial for Malaysia and Singapore to “work together” on contentious issues such as the water agreement and the KL-Singapore High-Speed Rail (HSR) project, in contrast to current Prime Minister Dr Mahathir Mohamad’s approach which is often interpreted as adversarial. In an interview …

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