Large US MNC shifts operations out of Singapore
The media reported today (1 Sep) that large American chipmaker and Fortune 500 company, Broadcom, is moving some of its operations out of Singapore to Ireland. It certainly is a blow to Singapore's already troubled electronics sector. In its latest annual report, Broadcom said that it would "utilise (its) Irish trading company...
Teo: If you don’t like scheme, sell or rent flat out
DPM Teo on HDB Lease Buyback Scheme At a dialogue session yesterday (31 Aug) to discuss PM Lee's National Day Rally speech, Pasir-Ris Punggol residents offered mixed views on the Lease Buyback Scheme. Some were not happy with the amount the HDB pays flat owners for the remaining lease. Others felt that while it was a good scheme,...
Australian High Commission: It was an error
Yesterday (31 Aug), TRE highlighted a job advertisement in the Jobs Bank placed by the Australian High Commission who are looking for applicants with a “deep knowledge of Singapore’s economic and political scene” ('Aussie High Comm advertises on Jobs Bank for show only?'). The Jobs Bank, of course, is meant to help Singaporeans...
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