30 Apr '11, 6am

Dr Vivian: Town council investments profitable

SINGAPORE - The leader for the People's Action Party (PAP) team in Holland-Bukit Timah Group Representation Constituency (GRC), Dr Vivian Balakrishnan, has responded to the Singapore Democratic Party's (SDP) comments on the losses made by Temasek Holdings. At the Ulu Pandan Town Day celebrations at Ghim Moh Road, this morning, organised by the Holland-Bukit Timah GRC, Dr Vivian was asked to comment on statements made by the SDP candidate for that ward, Mr Tan Jee Say, who had asked at the SDP rally on Friday night whether Dr Balakrishnan knew how much was in the national reserves. Mr Tan had again said at the rally that his S$60 billion economic plan was "small change" compared to the surpluses accumulated by the Government and the investment losses it had sustained. Dr Balakrishnan said he did not want to reveal how much was in the reserves and reiterated that S$60bn was ...

Full article: http://www.todayonline.com/Singapore/EDC110430-0000797/Dr...

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