Archive for the ‘Damon Yeo’ Category
A Greek Financial Tragedy

A Greek Financial Tragedy

The Greek Debt Crisis Explained Damon Yeo It is perhaps somewhat ironic to note now that the word “tragedy” comes from Classical Greek. The economic crisis which the Modern Greek nation now faces is nothing less than a tragedy. Since 2007, we have witnessed spectacular collapses of equity markets, bond markets and major... 

Sale of Raffles Hotel – Nothing Personal, Just Business

Sale of Raffles Hotel – Nothing Personal, Just Business

By Damon Yeo It was announced this week that the ownership of the iconic Raffles Hotel will change for the third time in seven years. The likely buyer was revealed to be Qatari Diar, the real estate arm of Qatar Investment Authority, equivalent of what Temasek Holdings / Government Investment Corp are to the Singapore... 

Temasek Review Sports: We need your feedback

Temasek Review Sports: We need your feedback

Editors’ Note: As many of you know, the Temasek Review Sports section is a relatively new addition to the site. We are now a small team of sports enthusiasts, working non-profit and purely out of love of the game. When we first started, we set out a few mission statements to guide us as we move along. We aim to: 1) Provide... 

Prudential – AIA deal: A deal of epic proportions

Prudential – AIA deal: A deal of epic proportions

By Damon Yeo Two international brands which Singaporeans will be familiar with are to become one very soon, after Prudential PLC agreed to buy AIA (Asian insurance arm of AIG) for a whooping US$35.5 billion. The deal is a direct aftermath of financial crisis over the past few years and will change the face of the insurance... 

Investment in UBS by GIC – a Chronicle of a Disaster in the Making

Investment in UBS by GIC – a Chronicle of a Disaster in the Making

By Damon Yeo It was mid-December 2007 [A] when the Government of Singapore Investment Corp. (GIC) made a whooping 11 billion Swiss francs (S$13.8 billion) investment in UBS. There was news earlier in the summer of 2007 about how the US housing market was showing signs of slowing down, but some of the major financial institutions... 

Being the second freest economy in the world – What does it mean to Singaporeans?

Being the second freest economy in the world – What does it mean to Singaporeans?

By Damon Yeo  For 2010, the Singapore economy has been named as second freest economy in the world, after Hong Kong by the Heritage Foundation. Since 2000, our economy has consistently scored about 87 by the foundation, a considerably high score according to this index. So, what does this study mean for the average working... 

GIC’s Investment in Stuyvesant Town – Unravelling the Mystery

GIC’s Investment in Stuyvesant Town – Unravelling the Mystery

 By Damon Yeo  Government Investment Corp (GIC)’s massive S$1 billion loss on their Stuyvesant Town investment is shrouded in much mystery. Before the news of a default broke out, very few outside of the GIC framework actually knew that our national sovereign wealth fund actually had an open position in this upmarket... 

The Weekend Football Preview

The Weekend Football Preview

Match of the Weekend 9 Jan Birmingham City VS Manchester United In most other seasons, this match would have been quite a straight forward one for the visiting Red Devils. However, this is no other season and Birmingham City is currently the form team in the country. Alex McLeish comes into this game on a run of 11 Premier... 

Where is the support, Singapore?

Where is the support, Singapore?

Poor crowd support adds salt to wound as Lions succumbed to Iran A meagre crowd of 7,356 turned up at the Kallang National Stadium on Wednesday as Singapore lost 3-1 to Iran in the penultimate match of the 2011 Asian Cup Qualification Group E.  The Iranians were the quicker of the two to settle down and took a swift 2-0... 

The Weekend Football Preview

The Weekend Football Preview

The Weekend Football Preview By Damon Yeo  The Key Game to Watch 2 Jan 2010 Reading VS Liverpool FA Cup action kicks off this weekend with 32 Third Round matches being played across England. This is of course the round where 44 sides from the top two tier of English football enter the competition and it can be said that... 

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