I have much respect for Lim Hock Chee
I do not know Mr Lim Hock Chee, the boss of Sheng Siong Group (SSG) but I have much respect for that man. Let me explain. SSG has just announced that it will reward its staff with one extra month of salary in view of its very outstanding Q1 profits. Despite achieving astounding profits, SSG could have just kept quiet and continue...
The people has to send a clear message to the ruling party at the general election
Business decisions to maximize profits always has an external cost to be borne by the public, even though profits will be kept privately. When businesses bring in more foreign employees, they add to congestion, worsen pollution, increase the burden on public infrastructure, cause social friction, chase up property prices and...
Singapore’s lax corporate governance is finally showing up problems
Singapore's lax corporate governance is finally showing up problems during #COVID19. Also, note what a former Temasek Holdings senior managing director said below. “Our rules, monitoring and enforcement for companies are weak – and we are now paying a heavy price," Mak Yuen Teen, an accounting professor who specializes...
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