7 questions for MP Teo Ho Pin on increase of Town Council fees
I refer to the article “MP Teo Ho Pin: Our net investment return of TC fund is 2.9%, better than inter-bank rate of 0.9%” (TR Emeritus Editorial, Aug 19). Investment loss $10.5 m? Investment and interest income loss in FY2008/2009 was $10.5 million. What was this due to? Need to increase S & CC now? On the town council’s...
ST forum writer wrong to accuse Sylvia and Low of interrupting Minister Shanmugam in Parliamentary proceedings
Dear Straits Times, I refer to the 16 Aug 2012 letter by Mr Alex Chiang. Excerpt: "In response to Workers' Party chairman Sylvia Lim's question, Law Minister K. Shanmugam referred to several cases. These showed that Dr Wu's fine was in line with other cases, where fines were also imposed. He then asked Ms Lim to clarify her...
As DBS expands its business in India, S’pore will have to take in more Indian professionals
It was reported by The Economic Times of India [Link] on 21 Aug that DBS Bank is applying for 4 more branch licences in India. It reported, "DBS Bank India, the domestic arm of the Singapore-based lender, has applied for four new branch licences from the Reserve Bank to expand its presence in the country, a top bank official...
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