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Asia Sentinel
Singapore's Temasek Bails Out Another Loser

Singapore's Temasek Bails Out Another Loser

Our Correspondent
Dec 06, 2012
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Asia Sentinel
Asia Sentinel
Singapore's Temasek Bails Out Another Loser
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Although the Singapore government is coming to the rescue of the embattled commodities trader Olam Commodities by underwriting a US$750 million bond issue, if this were happening anywhere but in tightly controlled Singapore, the media would likely be up in arms.

They would be arguing that Temasek, the government’s investment arm, is throwing good public …

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