From the data and analysis I have provided, it can be shown that
when 2 similar industry exist in Singapore and Australia (higher
GDP per capita than Singapore), the gross margins will be higher in
Singapore than Australia. It calls to question if we are constantly
being overcharged for our basic necessities so that we can attain a
high total shareholder return for Temasek.
For both the Telecommunication and Power industry, Singapore state
owned monopolies earned 20% above their similar counterparts in
Australia.
Gazelle, it would make better constructive argument if you could
provide some data to support your claim that the high overall
portolio returns is NOT due to Singapore.
I am waiting for your data and analysis. I have shown you two
industries, maybe you can compare some industries common between
Singapore and another country.
But I guess you won't be able to do so, because it's true that most
of Temasek's return have been exploited from Singaporeans.
If what you say is indeed true, then it shouldn't be too difficult
to find the data to prove me wrong.
