‘If the FIRB Doesn’t Kill It, We Will’

Economics
Financial Markets
Foreign Investment
Rule of Law
Author

Stephen Kirchner

Published

March 19, 2011

The FIRB is nothing more than a fig-leaf for political decisions that have already been made:

A senior source told the Herald that the government’s disposition was to reject the [SGX-ASX] merger, despite what the board recommended. ‘‘If [the board] doesn’t kill it, we will.’‘