Posts Tagged ‘gic’
Lee Kuan Yew resigns position as chairman of Government of Singapore Investment Corporation, but takes up new post as Chairman Mentor, sorry, Senior Advisor to it. Today: The offer by Minister Mentor Lee Kuan Yew and Senior Minister Goh Chok Tong to resign from the Cabinet was made after the General Election, Prime Minister Lee […]
Filed under: Newspaper | Closed
Tags: gic, goh chok tong, government of singapore investment corporation, lee kuan yew
Lee Kuan Yew on the Government Investment Corporation. CNA, with video: Minister Mentor Lee Kuan Yew said the Government of Singapore Investment Corp (GIC) must remain true to its core values: retaining the best talents and maintain the highest of reputation. But he added that the GIC must also have the courage to make bold […]
Filed under: Event, Speech | Closed
Tags: gic, government investment corporation, lee kuan yew, reserves, singapore
The state media are back in full form. Straits Times: THE International Air Transport Association (Iata) on Monday paid tribute to Minister Mentor Lee Kuan Yew’s unique vision and leadership in founding one of the airline industry’s strongest carriers and most efficient airports, at its Annual General Meeting in Kuala Lumpur. The association, which represents […]
Filed under: Event, Newspaper, Question | Closed
Tags: gic, iata, investments, lee kuan yew, singapore
Life would be much easier if..
Lee Hsien Loong gets grilled about family connections, in a way that the local media would never dare to do. Some unintentional irony in the “not the way things work in Singapore” response there: it’s not that people can blame the Lees instead of the GLCs, it’s that people can’t (publicly) blame either. Straits Times: […]
Filed under: Quotes, Television interview, Video | Closed
Tags: gic, ho ching, lee hsien loong, lee kuan yew, temasek
Lee Kuan Yew admits GIC made a mistake and tries to quell early election buzz. Interview with Reuters: Lee said GIC bought “too early” into global banks such as Citigroup (C.N) and UBS (UBSN.VX), which were both hammered by the financial meltdown that quickened in the second half of 2008. “How could we have known […]
Filed under: Interview, Newspaper, Quotes | 2 Comments
Tags: citigroup, early election, financial crisis, gic, lee kuan yew, ubs
5:35 interview with Bloomberg TV. Click on “Related Video and Graphics” to the left to launch video player. Analysis Mental acuity: Lee gives a lucid and convincing explanation of why GIC is investing in banks that have made massive losses. Delivery is slow, and there are occasional pauses while he searches for the right word, […]
Filed under: Interview, Television interview, Video | Closed
Tags: bloomberg, gic
Lee Kuan Yew Watch 
Mr Lee and the conflict of interest
The Singapore Democrats point out “the hyperactive, rainbow-coloured gorilla jumping up and down, screaming and poking them in the eyes right in the middle of the living room.” Mr Lee Kuan Yew’s appointments as an international advisor to corporations such as JP Morgan, Total, DaimlerChrysler (now defunct) and Citigroup have gone largely unnoticed by most […]
Filed under: Commentary | 3 Comments
Tags: citi, citigroup, conflict of interest, gic, government investment corporation, lee kuan yew