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Archive for the ‘Damon Yeo’ Category
Prudential – AIA deal: A deal of epic proportions

Prudential – AIA deal: A deal of epic proportions

By Damon Yeo Two international brands which Singaporeans will be familiar with are to become one very soon, after Prudential PLC agreed to buy AIA (Asian insurance arm of AIG) for a whooping US$35.5 billion. The deal is a direct aftermath of financial crisis over the past few years and will change the face of the insurance industry... 

Investment in UBS by GIC – a Chronicle of a Disaster in the Making

Investment in UBS by GIC – a Chronicle of a Disaster in the Making

By Damon Yeo It was mid-December 2007 [A] when the Government of Singapore Investment Corp. (GIC) made a whooping 11 billion Swiss francs (S$13.8 billion) investment in UBS. There was news earlier in the summer of 2007 about how the US housing market was showing signs of slowing down, but some of the major financial institutions... 

Being the second freest economy in the world – What does it mean to Singaporeans?

Being the second freest economy in the world – What does it mean to Singaporeans?

By Damon Yeo  For 2010, the Singapore economy has been named as second freest economy in the world, after Hong Kong by the Heritage Foundation. Since 2000, our economy has consistently scored about 87 by the foundation, a considerably high score according to this index. So, what does this study mean for the average working... 



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