Scholarship bond defaulters and the betrayal of our youth
Last week, former NTUC CEO Tan Kin Lian shared his experience with a foreign student who was given a scholarship at a local Polytechnic: According to Mr. Tan, the foreign student in question was unable to find a job due to the minimum salary and levy imposed by the S-pass scheme. Given that no employer was willing to pay $2,600...
Congratulations to our hero Joseph Schooling for winning a gold medal
Today is a great day for Singapore. Singaporeans from all walks of life rejoice in our only Gold medal won by a local true blue Singaporean in the 2016 Rio Olympic Games. Schooling’s historic performance breaking the 100m Butterfly record in the Olympic Games has done us proud. This came after 56 years. It’s the only Gold...
Activism by individuals who bought Swiber bonds will likely fall on deaf ears
The Swiber bond debacle is not the same as the mini-bond issue a few years back, even if DBS is involved in both. Not all high yield interest bearing securities are junk bonds (as claimed by an article published in The Independent Singapore (TISG) titled, “DBS helped sell junk Swiber bonds to public“). The mini-bonds...
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