Our founding fathers could not have foreseen that freedom of the press might eventually be threatened just as much by media consolidation as by government.
Credit ratings and risk weightings must undergo a thorough process of review and revision. No security or instrument on the planet should have a zero risk weighting.
I think we have a good foundation which Mr. Lee Kuan Yew laid down, but you have to move forward. Now the question is what can Mr. Lee Hsien Loong and his team, and all our younger ministers can do now to build on the foundation which Mr. Lee Kuan Yew has built.
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