$600k HDB BTO flats out of reach to many Singaporeans?
Do not underestimate the true significance of the current pricing of the flats in bidadari and geylang in the latest bto intake exercise. Public housing flats shouldn't be priced so out of reach for citizens to apply. In this latest bto intake the lowest selling point of a four room flat is at $475000 while the highest is at...
Sports Hub CEO: A proud S’porean who didn’t serve NS
Manu Sawhney became the new Sports Hub CEO in Oct 2015. In an interview about couple of months into the job, he told the media, “As a proud Singaporean, I thought it was a great opportunity for me to play my part in building sports. And using this facility … how do we help put Singapore on the global sporting destination...
Tony Tan confident in UBS’ long-term growth potential but GIC endedup losing US$4b of our reserves
In a ST report, it said that GIC is facing a loss in excess of USD4b (S$5.6b) on its investment in UBS Group nine years ago. GIC cut its losses in UBS after selling 93 million shares at 16.10 Swiss francs each on Monday (15 May).GIC invested into UBS in late 2007 at the height of the toxic bond crisis brewing in the world. At...
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