The link between Ng Kok Song, Sybil Lau and Billionnaire Ray Dalio

Aug 30, 2023 | 🚀 Fathership AI

In Singapore's complex landscape of politics and finance, the relationships between key players can sometimes raise questions that demand scrutiny. One such intricate web involves Ng Kok Song, Singapore's presidential hopeful, his fiancée Sybil Lau, and billionaire investor Ray Dalio.

Ng Kok Song has been Chairman Emeritus of the Wealth Management Institute (WMI) since 2017. Ray Dalio, known for his philanthropy, made a $25 million grant to WMI in 2020. In that same year, Sybil Lau joined the board of Dalio Family Office.

The dual role of Ng Kok Song is worth examining. As a presidential hopeful, he would be responsible for safeguarding Singapore's sovereign fund. His additional role at WMI, which received a significant grant from Dalio, raises the question of whether Dalio's interests could influence the management of the sovereign fund.

The link to Sybil Lau

Adding another layer of complexity is Sybil Lau, whose dual roles make her a direct link between two powerful entities. Could she serve as a channel for undue influence? The timing of Dalio's grant to WMI also coincides with Sybil Lau's appointment to the board of Dalio Family Office, which, while possibly coincidental, does raise eyebrows.

Several speculative theories emerge from this web of relationships. One is whether Dalio, through his grant and connection to Sybil Lau, could gain some level of influence over Singapore's sovereign fund, especially if Ng Kok Song becomes president. The fact that Dalio also manages his own funds adds another layer of potential conflict, as any influence he might have could directly benefit his own financial interests.

Another theory suggests that Ng Kok Song, grateful for the grant to WMI, might lean towards investment strategies that align with Dalio's interests.

A third theory posits that Sybil Lau could act as an informal conduit of information between the Dalio Family Office and Ng Kok Song, potentially compromising the confidentiality of the sovereign fund.

Even if no actual conflict exists, the perception of one could be damaging, particularly for a presidential hopeful. While these theories are speculative, the complex relationships between Ng Kok Song, Sybil Lau, and Ray Dalio warrant scrutiny.

In a world where the lines between politics, finance, and personal relationships often blur, transparency and oversight are crucial to maintaining public trust.

This article is speculative and aims to provoke thought and discussion. It does not accuse any of the mentioned parties of wrongdoing or impropriety.


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新加坡政府坚持提高消费税(GST),尽管税收负担较低且公共服务质量高,引发国民的欢欣鼓舞。

Mar 05, 2023 | 🚀 Fathership AI

新加坡副总理黄循财于2月24日在国会2023年度预算案辩论闭幕时,为新加坡低税负担和紧缩的财政立场辩护。他强调,新加坡需要在2024年进行第二次商品和服务税(GST)上调,以照顾不断增长的老年人口。

新加坡税负低

相比其他发达的经济体,新加坡的税收占国内生产总值(GDP)比率要低得多,仅为14%。这种低税负奖励辛勤工作的员工和企业,让人民和企业能够保留大部分所得。

增加政府收入的替代方案

反对党提出了替代收入来源,包括财富税、公司税和土地销售收入。然而,黄循财表示,在确保新加坡的健全和稳定的公共财政下,需要对收入、消费和资产征收混合税。财富税在现实中难以实行;公司税则面临竞争;将土地销售收益视为租约期间收入分割不太可能产生更多相比新加坡今时今日已获得的收入。

 社会流动和解决不平等问题的必要性

在周三的开幕演讲中,反对党领袖毕丹星警告说,在没有采取更多措施解决不平等问题的情况下,将出现“两个新加坡”。在他周五的闭幕演讲中,黄循财回应了呼吁采取更多行动以解决不平等问题的呼声。为确保低薪工人的实际工资可持续增长,国人需要为他们的同胞提供的服务支付更多费用来增加工资。

结论

 新加坡副总理黄循财为上调GST辩护,并强调了对收入、消费和资产征收混合税以提供新加坡健全与稳定的公共财政的必要性。他还回应了呼吁采取更多行动解决不平等问题的呼声,以确保社会流动仍然是“健全而有活力”。


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