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PAP playing around with our reserves issuing blanket guarantee to foreign banks?

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

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

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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