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TR EMERITUS

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Archive for the ‘Society’ Category

Former military personnel trained by GIC to manage hundreds of billions in CPF and state reserves

Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →

Hyflux: Don’t cry for the investors

Perpetuals buyers were warned, while pref share investors made money in the 2011 pref shares issue. Tan Kin Lian in Hong Leong Park on Saturday shared that he was aware how some of them became Hyflux perpetual securities and preference shareholders despite not being financially “savvy”. “They were just ordinary investors...

Singaporean workers are being shortchanged.

In Taiwan, the starting salary for a waiter is about S$1,150 (NT$26,000) and can go up to S$3,350 (NT$80,000) or more for a restaurant manager: In Singapore, the starting salary for a waiter is about S$1,100 and can go up to S$3,000 to S$4,000, or S$5,000 for a good restaurant. Singapore's cost of living is about twice as...

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