
PAP playing around with our reserves issuing blanket guarantee to foreign banks?
One week after Iceland faced bankruptcy, Singapore guaranteed $700 billions deposits of various currencies. This blanket guarantee included foreign banks which had financial troubles in hundreds of billions of dollars. (References: Monetary Authority of Singapore Press Release on 16 Oct. 2008 and Deputy Chairman of MAS Minister’s...

Ex-hedge fund analyst earning $250,000 upwards now jobless
First and foremost, let me introduced myself a bit - I have worked in the hedge fund industry as an analyst. Typically the starting pay for my industry is US$120-$150k a year for 1-3 years experience and then move to perhaps US$150-$250k a year for 3-8 years experience. Bonus could be 1 to 3 times annual pay. But then again...

S’porean foreign talent: HK business did not fail despite employing locals
(The author of this published comment, "S'porean to Pinoy: We are not competing on equal grounds" rebutted a comment posting inside the thread. He also shared some interesting observations about the labour market in Hong Kong.) . July 7, 2011 at 7:27 pm Looks author of this post is an ignoramus not familiar with basic economic...
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