Dangerous to give investment advice
Tan Kin Lian An elderly lady, whom I shall refer to as "Nancy", made a loss of nearly $200,000 from her investments. She is not knowledgeable about investments, but was assured by the relationship manager of a local bank that he would recommend good investments to her, based on his expert knowledge. Nancy trusted the young man,...
Singapore needs a Li Keqiang?
Leong Sze Hian I refer to the article “Li Keqiang: Growing GDP without growing personal incomes is useless” (TR Emeritus, Dec 22). It states that: “Vice Premier Li Keqiang again emphasized on Dec. 19 that only by reform can China realize real development. Vice Premier Li reiterated that the government should benefit...
PRC strike forces change in Singapore
The living conditions for 100,000 foreign workers living in cramped dormitories are set to improve. A newly-formed association, representing 11 owners and operators of all dormitories, would set benchmarks for the industry in the next three to six months. WHAT can an illegal strike by 171 Chinese workers do to change things...
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