The Gross Financing Need is one of the latest econometric measures applied by the International Monetary Fund to Latin American and other countries that default after severe currency falls in the hope of making debt sustainable or easier to manage and service.
Sri Lanka is planning a holding company for state enterprises in the style of Singapore s Temasek Holdings along with a law for SOE with the hope of improving governance and cutting fiscal risks, officials said.
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SINGAPORE A President and his spouse need not have been born in Singapore to contribute effectively to its welfare, said Presidential candidate Ng Kok Song, in response to fellow candidate Tan Kin Lian’s claim that voters “prefer a chance to have” both the President and his or her spouse to be “true Si
Since announcing his bid for the presidency, the lives of former GIC investment chief Ng Kok Song and his fiancee, Sybil Lau, have come under much public scrutiny. It seems that Lau had already anticipated this. Earlier on, she raised the possibility of her quiet life being upended and thrust into the glaring spotlight when Ng, 75, told her that.