Letter
The Wall Street Journal, 25 Aug 2009
Your editorial "Temasek and Transparency III" (Review & Outlook, Aug. 20) makes unfounded claims on disclosure regarding Temasek.
The government takes a principled approach in what it discloses on Temasek, not merely "what it deems acceptable." It discloses all relevant information that Singaporeans need to judge Temasek's performance as a long-term investor, favorable or otherwise. But it does not believe that either government or parliament should become engaged in Temasek's investment strategies or internal governance. This would politicize Temasek's operations and prevent it from managing its portfolio professionally and sustaining good, long-term performance.
Read More
