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TR EMERITUS

Unspoken Hard Truths From Around The World

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Archive for the ‘Business’ Category

The money in your bank account was stolen this morning

16th November 2014 - the day money dies The headline is not a mistake. Yes, you can still go to the ATM and withdraw funds. You can take small amounts of cash out of the bank without the IRS seizing everything you own. However, because of new rules that went into effect this morning, your bank deposits have no insurance and...

SG casinos in war of words over shrinking pool of high-rollers

Sheldon Adelson has accused rival Genting Singapore's Resorts World Sentosa of relying on overly generous incentives and credit to entice big-money players. (Photo: AFP) (11 November, 2014) Singapore's two casinos are engaged in a bitter fight for a shrinking pool of high-rollers as the mainland's corruption crackdown...

SG private home sales fall nearly a third in year to Oct

Singapore's new private sales by developers have fallen by more than 30%. (November 18, 2014) - With sales volumes and prices falling in October, many developers are delaying launching new projects and are concentrating on selling units already listed, say market commentators Singapore private new home sales by developers...

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