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PM Lee: SG Must Be Careful Not to ‘Overdo’ FT Curbs

PM Lee: SG Must Be Careful Not to ‘Overdo’ FT Curbs

PM Lee (Bloomberg, 1 May) - Singapore must avoid going too far on foreign-worker curbs to remain competitive in attracting businesses and investors, Prime Minister Lee Hsien Loong said. The island should be careful not do “overdo” measures to restrict the inflow of overseas labor as it will raise the cost of doing business... 

Temasek says comfortable with Olam’s credit, prospects

Temasek says comfortable with Olam’s credit, prospects

(25 Apr) - Singapore state investor Temasek Holdings Pte Ltd said on Thursday it was comfortable with Olam International Ltd's credit position and its longer-term prospects. The statement came after Olam, whose biggest shareholder is Temasek with 24 percent, announced a new strategic plan to halve its capital spending between... 

Short seller Carson Block makes Olam listen

Short seller Carson Block makes Olam listen

Carson Block (25 Apr) - Short-seller Carson Block’s charge that Olam (OLAM) International Ltd. will fail, his first attack on a Singapore company, is a victory for shareholders after it made the commodity trader more responsive to investors. “We have listened to our fiercest critics as well as our most ardent advocates,”... 



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