Why our saving rates are among highest in the world but we have no money for retirement?
THE editorial ("Avoiding retirement time bomb"; April 1) raises crucial questions. How did we end up with a retirement time bomb when our saving rates are among the highest in the world? Are Singaporeans not saving enough or are they being inadvertently marginalised? Do Central Provident Fund (CPF) savings provide too little...
Temasek owned FTS International swings from hefty profit to losses in 1 year
(8 Apr) - FTS International Services, formerly Frac Tech, swung from a hefty profit in 2011 to a loss of $29.8 million as revenues slid 18 percent to $1.9 billion, the Fort Worth-based hydraulic fracturing service company reported. The company said it kept its 34 fleets of fracking equipment busy all year, doing more fracturing...
Jacky Chan responds to PRC anger over donating historic buildings to SG
(10 Apr) - Hong Kong film star Jackie Chan has responded after public anger about his plan to move ancient Chinese buildings to Singapore, saying he would not do anything bad towards his country. "Jackie Chan didn't do anything illegal, and I certainly won't do anything bad towards my country," he wrote on his official website...
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