Singaporeans 2nd least prepared for retirement amongst 6 Asian countries
Pre-retirees in Indonesia can put their feet up, while Singaporeans should be a little more focused on preparing for their golden years, according to a DBS-Manulife survey. Of workers across six Asian countries, Indonesians were the best prepared for a comfortable retirement, the "Retirement Wellness Study" found. The study...
Bloomberg: That ’80s Show, in Singapore
The last time Singapore's marine-services industry was staring at what would eventually turn out to be an 18-year drought in demand for oil rigs, Ronald Reagan was starting his second term as U.S. president. Jackup rigs, used to drill for oil in shallow waters, saw orders evaporate between 1985 and 2003. As Macquarie notes,...
Dim-witted PRC robbers duped into taking small value foreign banknote rather than iPhone
A man from eastern China outwitted three armed robbers by persuading them to take a foreign banknote worth less than 30 yuan (SGD$6) rather than steal his iPhone, a newspaper reported. The man, 22, from Wenzhou in Zhejiang province fooled the thieves into thinking that a 5,000 won note in his pocket was a euro note and that...
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