The creepy Trans-Pacific Partnership Agreement
The last negotiation for the TPP was held in Singapore with the Americans having very high hopes that Singapore as the Chairman of the talk would deliver to Obama an agreement before the end of the year. Somehow the Americans have this very loyal and diligent ally to do its bidding in getting things done when the Americans are...
Can low wage workers earn higher wages in SG?
The short answer is, yes. But how? In this article, we will look at the workers’ wages vs the foreign worker levies. In the chart below, you can see the wages of selected low-wage jobs in Singapore, based on the latest available data – low-wage earners earn below $1,500 in Singapore. Cleaners and construction workers earn...
Temasek makes money on US energy investments woh
Many moons ago TRE told us that Temasek owns bonds in Chesapeake that are convertible at US$27 (issued when stock was around US$23-25). And that the bonds were deeply underwater: the shares went as low as below US$15 (sorry the TRE link is no longer working 'cause of TRE's new system of trying to get money from stone). Related...
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