SIAS: MAS’s report on FIs does not guarantee compensation for all minibond investors
From our Correspondent The Securities Investors Association of Singapore (SIAS) has released an advisory for investors of structured products linked to Lehman Brothers. (read it here) 9 commonly asked questions are answered by its CEO David Gerald on the SIAS website. The first question asked why not all investors are invested...
Dr Chee defiant to the end after being convicted on charges of speaking without a permit
From our Correspondent The Secretary-General of the Singapore's Democratic Party (SDP), Dr Chee Soon Juan was convicted on two counts of speaking without a permit during the 2006 elections by a district court last Friday. Judge Thian Yee Sze imposed a fine of $10,000 or 10 weeks imprisonment in default. As Dr Chee is a bankrupt...
Ways to identify rogue HDB contractors
From our Correspondent There were a deluge of cases lately about rogue HDB contractors claiming they are appointed by HDB to carry out work in public flats which includes the changing of doors, gates and windows; installation of security systems; and repair of spalling concrete. The bogus contractors usually target HDB estates...
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