Temasek and GIC Face Scrutiny Over Returns and Investment Strategies Singapore’s sovereign wealth funds, Temasek and GIC, have come under scrutiny for their decade-long performance, which falls behind their global peers. Critics have raised concerns about the funds’ exposure to China, high-risk investment decisions, and lapses in due diligence. This has prompted calls for both…
Dr. Mah Hang Soon Comments on DAP’s Electoral Performance In a recent statement, Dr. Mah Hang Soon addressed the electoral performance of the Democratic Action Party (DAP), comparing it to that of the Malaysian Chinese Association (MCA). Dr. Mah, a member of the ruling Perikatan Nasional coalition, described DAP’s recent election results as a “larger…
The High Court Upholds Pritam Singh’s Conviction The High Court recently made a decision to uphold Pritam Singh’s conviction related to his Certificate of Participation (COP) evidence. This ruling has shifted the perception of the case from a political issue to a criminal matter. Analysis of the Court’s Judgement The judgment heavily relies on a…
Government Considers Moratorium on Employment Insurance System Act Amendments The government is contemplating implementing a two-year moratorium before enforcing the amendments to the Employment Insurance System Act, according to a statement by a government minister. The proposed moratorium aims to provide additional time for stakeholders to prepare for the changes and adjust their operations accordingly….
Nur Amira Ahmad Azhar: LHDN to Consider Bank Statements, Properties, Cars, and Lifestyle in Assessments Nur Amira Ahmad Azhar, the Deputy Chief Executive Officer of the Inland Revenue Board of Malaysia (LHDN), has stated that the agency may take into account various sources of information, including bank statements, properties, cars, and lifestyle choices, when conducting…
Temporary Price Changes in Effect Until December 10 Retailers have implemented temporary price changes on a variety of products and services that will remain in effect until December 10. These modifications have been put in place to attract customers and boost sales during the upcoming holiday season. Price Adjustments Across Different Sectors The price adjustments…
The Proposed Voluntary Early Redevelopment Scheme and Concerns About Democratic Process The Voluntary Early Redevelopment Scheme (VERS) has been introduced as a measure to address the long-term viability of aging public flats in Singapore. The scheme aims to offer residents the option to vote for early redevelopment of their flats, providing them with upgraded housing…
Jeffrey Kitingan Acknowledges STAR’s Respect for Ishak Ayub’s Appointment Decision In a recent statement, Jeffrey Kitingan expressed the Sabah STAR party’s respect for Ishak Ayub’s decision to accept his appointment, even though it was not discussed within the party. Background Ishak Ayub, a prominent figure in the Sabah political scene, recently accepted an appointment that…
Health Minister Ong Ye Kung Addresses Public Hospital Costs Health Minister Ong Ye Kung recently spoke to foreign media about the financial aspects of healthcare in Singapore. He stated that “nine in 10 Singaporeans pay nothing” when receiving treatment at public hospitals. This assertion comes in light of a 2025 survey that revealed concerning trends…
Sanusi Nor Declines to Provide Details Sanusi Nor, a prominent public figure, has chosen not to disclose specific information, citing a desire to prevent Penang from being able to prepare an adequate response. Nor’s decision to withhold details was made apparent in a recent interaction where he declined to elaborate further on a particular matter….