Temasek, moving away from funding of Singapores manufacturing base — eroded in no small part by China — has gone farther afield. In Bangkok, Madam Ho Ching, the wife of Singaporean Prime Minister Lee Hsien Loong, who is Lee Kuan Yew's son, negotiated an under-the-table $2-billion-plus deal for Mr. Thaksins telecommunications empire. When Mr. Thaksin and his family escaped paying any taxes on the deal, it was too much for Bangkoks Sino-Thai professional elite, fed up with unlimited corruption. Full Story
OPINION: Snarls in 'The Land of Smiles' - Sol Sanders
The Washington Times, 22 Mar 2010
Temasek, moving away from funding of Singapores manufacturing base — eroded in no small part by China — has gone farther afield. In Bangkok, Madam Ho Ching, the wife of Singaporean Prime Minister Lee Hsien Loong, who is Lee Kuan Yew's son, negotiated an under-the-table $2-billion-plus deal for Mr. Thaksins telecommunications empire. When Mr. Thaksin and his family escaped paying any taxes on the deal, it was too much for Bangkoks Sino-Thai professional elite, fed up with unlimited corruption. Full Story
Temasek, moving away from funding of Singapores manufacturing base — eroded in no small part by China — has gone farther afield. In Bangkok, Madam Ho Ching, the wife of Singaporean Prime Minister Lee Hsien Loong, who is Lee Kuan Yew's son, negotiated an under-the-table $2-billion-plus deal for Mr. Thaksins telecommunications empire. When Mr. Thaksin and his family escaped paying any taxes on the deal, it was too much for Bangkoks Sino-Thai professional elite, fed up with unlimited corruption. Full Story
