TR EMERITUS

Or what is truth and fiction in accounting? SIA has booked a gain of $322m for selling its shares in Virgin Air for $439m. It bought the shares at a cost of $1.6b. I am a bit dull and think that this should be a loss of $1.161b! I am just being simple minded or ignorant of accounting practices and how profit and loss are computed. Yes,... 

Dr Tan Cheng Bock Assuring the public that SMRT will put special effort to improve public transport has been negated by SMRT venture into a big retail project at the new Sports Hub. What is happening? After a change of CEO in the company, it is obvious that the culture has not changed. Tendering for retail business in this uncertain... 

新加坡地铁公司的核心价值是：卓越，尊重，负责任与重视，对公众，股东，和雇员的承诺。 这些核心价值中，地铁公司除了对股东有承诺之外，在其他方面，看来还有很大的改进空间。翻阅公司2012财政年度的财务报表，可以知晓一些重要，却被冷落的不显眼事实。重新认知这些真实情况应该有助了解，官方为何要长期不断的重申，车票必须加价的其中真正原由。 为此，先看看政府说了些什么？ 近日，副总理指出： 虽然提高薪资可能吸引新加坡人加入，但这将加重整体营运成本。这一定会有冲击，因为人力开销是营运成本的重要组成部份。 交通部长也表示： 有人得承担这些成本，不是来自乘客支付的车资，就是来自纳税人的政府津贴，或由公交业者承担。完全避免调高车资，直接推到业者身...