Homepage
PR Newswire
Quote: Can you imagine what if Singapore government decided to also do what EPF does (invest in stock market with CPF funds)? Think of the storm of invective from S'poreans - you can't win!
Investing and nurturing local companies to promote growth who in turn provide opportunities for it's citizens? Isn't that suppose to be the social responsibility of a government? I don't see anything wrong with them investing in their own backyard.
You can now go to kazanah website download their Annual report to read and even criticise. The very facts that you and everybody can do that to read and criticise or google about it is because they have put the info out there for web search engines to cull.
You can even view the portfolio of local companies that they have on the website.
What they have done is nothing less than being FULLY TRANSPARENT do you consider our SWF to be fully transparent? Don't give me that crap excuse about trying to hide it to prevent speculators.