Are credit co-operatives exposed to a sub-prime market in Singapore?
In a world where commercial businesses struggle to stay afloat, some Institutes of Public Character (IPC) like NKF and Telecom Credit Cooperative Limited (TCC) were able to make sustainable profits. Their stellar performances are mainly attributed to their compelling storyline of existing for altruistic reasons and the...
Gazette people’s building as national monument but don’t want to pay restoration cost
Recently, while at the NTUC Income HQ to run some errands I have decided to explore the vicinity. First was a visit to the Cathedral of the Good Shepherd, bounded by the parallel Queen and Victoria Streets, and Bras Basah Road. From the signage erected at the front of the Cathedral, the Cathedral was gazetted a national monument...
Tightening inflow of foreign workers is long overdue
[Letter has also been submitted to SPH and MediaCorp] I refer to "Govt may further tighten inflow of foreign workers". This move is long overdue. Previously, Singapore's SMEs and MNCs have been overly reliant on cheap foreigners to improve their bottom-line. There is no job creation opportunities for Singaporeans. For example,...
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