Reform Party: Response to the SMRT Bus Drivers’ Strike
FOR IMMEDIATE RELEASE Illegal Strikers should be subject to Civil Penalties not Criminalized The Reform Party deplores the use of criminal sanctions against the PRC bus drivers. Several countries, including the UK, make strikes illegal where workers have not been balloted and where notice has not been given to management beforehand....
Workers’ Party: Public interest must always come first
Media Statement The Workers’ Party is concerned about the Transport Minister’s suggestion on 6 December 2012 that bus fares may increase so as to improve the pay of bus drivers in Singapore. It is unfortunate that the Minister has made this statement so soon after the SMRT bus drivers’ strike over pay issues. Any decisions...
MAS flags risks from rising corporate debt!
Reuters- Nov 27, 2012 Singapore banks could see loan quality fall sharply should interest rates rise or if the economy worsens as corporate debt levels are high by historical standards, the city-state's central bank warned on Wednesday. "Corporates are more leveraged today than they were a year ago as low borrowing costs may...
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